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Master Project · Transactions · 2024

The Lakes Property Transactions 2024

97 property sales worth ⃃ 840.44M were registered in The Lakes in 2024, 11.0% lower than 2023 by number of sales. The median sale price was ⃃ 6,500,000 and the median price per square foot ⃃ 1,957 (+25.2% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 97 salesUpdated: 14 Nov 2026
Property sales
97
−11.0% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 840.44M
+26.4% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 6,500,000
+30.7% vs 2023
97 sales
Median price per sq ft
⃃ 1,957
+25.2% vs 2023
97 sales

What types of property sold in The Lakes in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas3940.2%⃃ 508.77M⃃ 10,000,000⃃ 2,473

How were 2024 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)22.1%⃃ 34.35M⃃ 17,175,000⃃ 2,478
Resale (secondary)9597.9%⃃ 806.09M⃃ 6,500,000⃃ 1,957
Ready97100%⃃ 840.44M⃃ 6,500,000⃃ 1,957

How many rental contracts were registered in The Lakes in 2024?

136 rental contracts (new and renewed) were registered in The Lakes in 2024, at a median annual rent of ⃃ 327,500 (+9.2% on 2023). Rental yields in The Lakes

What were the most expensive property sales in The Lakes in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
27/11/2024The Lakes Hattan 35 beds · Villa13,332 sq ft⃃ 29,000,000Primary · Ready
22/11/2024The Lakes Hattan 34 beds · Villa11,238 sq ft⃃ 26,000,000Resale · Ready
20/02/2024The Lakes Hattan 35 beds · Villa11,260 sq ft⃃ 25,250,000Resale · Ready
30/09/2024The Lakes Hattan 24 beds · Villa11,674 sq ft⃃ 24,750,000Resale · Ready
10/06/2024The Lakes Hattan 15 beds · Villa9,473 sq ft⃃ 23,000,000Resale · Ready
19/07/2024The Lakes Hattan 24 beds · Villa12,368 sq ft⃃ 22,500,000Resale · Ready
05/04/2024The Lakes Hattan 15 beds · Villa9,473 sq ft⃃ 22,500,000Resale · Ready
02/07/2024The Lakes Hattan 24 beds · Villa7,613 sq ft⃃ 20,750,000Resale · Ready
04/04/2024The Lakes Hattan 34 beds · Villa7,591 sq ft⃃ 18,100,000Resale · Ready
13/05/2024The Lakes Hattan 24 beds · Villa9,033 sq ft⃃ 17,500,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
26/12/2024The Lakes Deema 23 beds · Villa4,701 sq ft⃃ 7,900,000Resale · Ready
25/12/2024Zulal 23 beds · Townhouse3,757 sq ft⃃ 7,800,000Resale · Ready
16/12/2024The Lakes Deema 13 beds · Townhouse4,372 sq ft⃃ 7,150,000Resale · Ready
16/12/2024The Lakes Ghadeer3 beds · Townhouse5,765 sq ft⃃ 8,850,000Resale · Ready
11/12/2024The Lakes Maeen3 beds · Townhouse3,623 sq ft⃃ 6,125,000Resale · Ready
09/12/2024Zulal 23 beds · Townhouse4,319 sq ft⃃ 8,050,000Resale · Ready
09/12/2024The Lakes Deema 43 beds · Villa4,934 sq ft⃃ 6,300,000Resale · Ready
06/12/2024The Lakes Ghadeer3 beds · Townhouse7,650 sq ft⃃ 7,000,000Resale · Ready
05/12/2024The Lakes Ghadeer3 beds · Townhouse3,156 sq ft⃃ 5,500,000Resale · Ready
05/12/2024Zulal 13 beds · Townhouse2,307 sq ft⃃ 5,175,000Resale · 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 2024 with the whole of 2023.
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/2024
The Lakes Property Transactions 2024. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-lakes/2024

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 2024?
97 property sales worth ⃃ 840,436,000 were registered in The Lakes in 2024. That is 11.0% lower than 2023.
What was the median property price in The Lakes in 2024?
The median sale price was ⃃ 6,500,000 and the median price per square foot ⃃ 1,957 (1 Jan – 31 Dec 2024).
What share of 2024 sales in The Lakes were off-plan or from developers?
Developer (primary) sales were 2.1% of the 97 sales and resales 97.9%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-lakes/2024