Lake City Tower

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Tiger
443
Total Units
438
Sold
⃃ 727,500
Median Price
⃃ 980
Median Price /sqft
Construction progress: 100% (As of Jan-2012)
Start: Nov, 2008Completion: Jan, 2012

Lake City Tower Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio65410 sqft - 480 sqft⃃ 0.7M (1,740 /sqft)⃃ 1,930 /sqft
-9.89
1 Bed292540 sqft - 860 sqft⃃ 1.1M (1,290 /sqft)⃃ 2,300 /sqft
-43.67
2 Beds651,240 sqft - 1,250 sqft⃃ 1.5M (1,200 /sqft)⃃ 2,250 /sqft
-46.53

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Lake City TowerAl Thanyah Fifth
Jan 20181.0K1.0K
Feb 20181.0K1.1K
Mar 20186511.0K
Apr 2018—1.1K
May 20189231.0K
Jun 20181.0K935
Jul 20189881.0K
Aug 2018—1.0K
Sep 2018—1.0K
Oct 20189011.0K
Nov 2018681946
Dec 2018868866
Jan 2019863926
Feb 20191.1K980
Mar 2019—926
Apr 2019—941
May 2019878925
Jun 2019—926
Jul 20191.4K926
Aug 2019759894
Sep 2019754926
Oct 2019678917
Nov 2019—777
Dec 2019714919
Jan 2020—878
Feb 20201.0K756
Mar 2020—926
Apr 2020868917
May 2020812940
Jun 2020—888
Jul 2020753753
Aug 2020638748
Sep 2020652799
Oct 2020676732
Nov 2020—868
Dec 2020648795
Jan 2021562769
Feb 2021733879
Mar 2021677995
Apr 2021695997
May 20216341.0K
Jun 20217551.0K
Jul 2021776995
Aug 2021686999
Sep 20217361.0K
Oct 2021698984
Nov 2021—1.0K
Dec 2021679997
Jan 20221.0K1.0K
Feb 20226291.0K
Mar 20227621.0K
Apr 2022761992
May 20221.1K1.1K
Jun 2022792979
Jul 20227531.1K
Aug 20227091.0K
Sep 20228361.1K
Oct 2022—1.0K
Nov 20229221.2K
Dec 20228281.2K
Jan 20237831.1K
Feb 20239051.1K
Mar 20235971.1K
Apr 20231.0K1.1K
May 20231.1K1.4K
Jun 20231.2K2.1K
Jul 20231.0K2.1K
Aug 20239292.0K
Sep 20239531.8K
Oct 20231.1K1.7K
Nov 20231.5K1.4K
Dec 20239561.6K
Jan 20241.2K1.7K
Feb 20241.1K1.7K
Mar 20241.2K1.3K
Apr 20241.2K1.2K
May 20249861.6K
Jun 20241.0K1.5K
Jul 20241.3K1.5K
Aug 20241.2K2.3K
Sep 20244802.1K
Oct 20247082.2K
Nov 20241.4K2.0K
Dec 20241.2K2.0K
Jan 20251.2K2.1K
Feb 20251.3K2.0K
Mar 20251.2K2.0K
Apr 20251.3K2.4K
May 20251.1K2.2K
Jun 20251.5K2.2K
Jul 20251.4K2.0K
Aug 20251.2K2.1K
Sep 20251.4K2.0K
Oct 20251.4K2.2K
Nov 20251.2K2.3K
Dec 20251.5K2.1K
Jan 20261.3K1.9K
Feb 20261.5K1.8K
Mar 20261.8K1.8K
Apr 20261.3K2.5K
May 20261.2K2.2K
Jun 20261.2K2.5K
Jul 2026—2.3K
Aug 20261.5K2.2K
Sep 20261.1K2.1K
Oct 20261.5K2.1K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
Commercial—1,725 sqft0 sqft
Commercial—847 sqft0 sqft
Commercial—272 sqft0 sqft
Commercial—1,751 sqft0 sqft
Commercial—1,683 sqft0 sqft
Commercial—1,673 sqft0 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment729 sqft6.04 sqft⃃ 1,200,000⃃ 1,646 /sqft30, Oct 2024
1Apartment860 sqft5.95 sqft⃃ 1,140,375⃃ 1,326 /sqft25, Apr 2025
1Apartment840 sqft6.04 sqft⃃ 979,082⃃ 1,166 /sqft21, May 2026
1Apartment730 sqft12.45 sqft⃃ 950,000⃃ 1,301 /sqft04, Jun 2026
1Apartment860 sqft5.95 sqft⃃ 950,000⃃ 1,105 /sqft17, Sep 2015
1Apartment840 sqft6.04 sqft⃃ 840,000⃃ 1,000 /sqft11, Oct 2024
1Apartment729 sqft6.04 sqft⃃ 700,000⃃ 960 /sqft12, Jun 2023
1Apartment664 sqft0 sqft⃃ 494,000⃃ 744 /sqft20, Jan 2011
1Apartment664 sqft0 sqft⃃ 442,000⃃ 666 /sqft10, Mar 2010
2Apartment1,243 sqft5.76 sqft⃃ 1,200,000⃃ 965 /sqft25, Nov 2015
2Apartment1,243 sqft5.76 sqft⃃ 1,000,000⃃ 805 /sqft12, Oct 2017
StudioApartment409 sqft0 sqft⃃ 587,500⃃ 1,436 /sqft05, Jul 2017
StudioApartment409 sqft0 sqft⃃ 312,000⃃ 763 /sqft02, Nov 2009
1Apartment860 sqft5.95 sqft⃃ 808,017⃃ 940 /sqft09, Jun 2013
1Apartment729 sqft6.04 sqft⃃ 800,000⃃ 1,097 /sqft04, Mar 2024

Lake City Tower Real Estate Data – FAQ

  • What is the current property supply in Lake City Tower?

    Lake City Tower has a total residential supply of approximately 99 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Lake City Tower?

    Lake City Tower recorded 29 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in Lake City Tower?

    The median transaction price in Lake City Tower is ⃃ 1,330 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Lake City Tower?

    The gross rental yield in Lake City Tower is approximately 9%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in Lake City Tower?

    Property prices in Lake City Tower have shown a capital appreciation of 2.98% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in Lake City Tower?

    There are currently 0 active off-plan projects in Lake City Tower, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Lake City Tower?

    The total off-plan pipeline in Lake City Tower includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Lake City Tower a good area for property investment?

    Lake City Tower is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 9%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Lake City Tower, this is 9%, indicating relatively strong income performance compared to global markets.