Skip to content

Master Project · Transactions · 2017

The Lakes Property Transactions 2017

66 property sales worth ⃃ 330.48M were registered in The Lakes in 2017, 16.5% lower than 2016 by number of sales. The median sale price was ⃃ 3,550,000 and the median price per square foot ⃃ 1,209 (−1.7% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 66 salesUpdated: 14 Nov 2026
Property sales
66
−16.5% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 330.48M
−8.4% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 3,550,000
−1.4% vs 2016
66 sales
Median price per sq ft
⃃ 1,209
−1.7% vs 2016
66 sales

What types of property sold in The Lakes in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas2131.8%⃃ 176.94M⃃ 5,600,000⃃ 1,491

How were 2017 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)34.5%⃃ 18.77M⃃ 5,277,888⃃ 906
Resale (secondary)6395.5%⃃ 311.71M⃃ 3,500,000⃃ 1,212
Ready66100%⃃ 330.48M⃃ 3,550,000⃃ 1,209

How many rental contracts were registered in The Lakes in 2017?

174 rental contracts (new and renewed) were registered in The Lakes in 2017, at a median annual rent of ⃃ 267,500 (−4.5% on 2016). Rental yields in The Lakes

What were the most expensive property sales in The Lakes in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
29/10/2017The Lakes Hattan 25 beds · Villa11,361 sq ft⃃ 19,200,000Resale · Ready
28/09/2017The Lakes Hattan 35 beds · Villa10,930 sq ft⃃ 18,500,000Resale · Ready
12/02/2017The Lakes Hattan 25 beds · Villa11,663 sq ft⃃ 16,000,000Resale · Ready
30/04/2017The Lakes Hattan 34 beds · Villa10,813 sq ft⃃ 14,500,000Resale · Ready
09/05/2017The Lakes Hattan 14 beds · Villa9,474 sq ft⃃ 13,000,000Resale · Ready
21/11/2017The Lakes Hattan 14 beds · Villa9,474 sq ft⃃ 10,700,000Resale · Ready
17/09/2017The Lakes Hattan 14 beds · Villa6,927 sq ft⃃ 10,500,000Resale · Ready
24/08/2017The Lakes Hattan 24 beds · Villa7,633 sq ft⃃ 10,100,000Primary · Ready
27/02/2017The Lakes Hattan 14 beds · Townhouse6,926 sq ft⃃ 8,000,000Resale · Ready
04/05/2017The Lakes Deema 24 beds · Villa6,802 sq ft⃃ 6,000,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
26/12/2017Zulal 23 beds · Townhouse3,784 sq ft⃃ 4,450,000Resale · Ready
25/12/2017The Lakes Deema 33 beds · Townhouse4,628 sq ft⃃ 3,260,000Resale · Ready
21/12/2017Zulal 13 beds · Townhouse2,478 sq ft⃃ 2,690,000Resale · Ready
21/12/2017Zulal 23 beds · Townhouse3,197 sq ft⃃ 2,933,000Resale · Ready
14/12/2017Zulal 23 beds · Townhouse3,725 sq ft⃃ 3,100,000Resale · Ready
12/12/2017The Lakes Deema 34 beds · Villa4,969 sq ft⃃ 4,999,999Resale · Ready
10/12/2017The Lakes Maeen3 beds · Townhouse3,336 sq ft⃃ 3,225,000Resale · Ready
10/12/2017The Lakes Maeen5 beds · Villa5,946 sq ft⃃ 5,000,000Resale · Ready
07/12/2017Zulal 13 beds · Townhouse2,467 sq ft⃃ 2,450,000Resale · Ready
06/12/2017The Lakes Deema 24 beds · Townhouse4,677 sq ft⃃ 3,700,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2017 with the whole of 2016.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/the-lakes/2017
The Lakes Property Transactions 2017. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-lakes/2017

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in The Lakes in 2017?
66 property sales worth ⃃ 330,476,275 were registered in The Lakes in 2017. That is 16.5% lower than 2016.
What was the median property price in The Lakes in 2017?
The median sale price was ⃃ 3,550,000 and the median price per square foot ⃃ 1,209 (1 Jan – 31 Dec 2017).
What share of 2017 sales in The Lakes were off-plan or from developers?
Developer (primary) sales were 4.5% of the 66 sales and resales 95.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-lakes/2017