Project · Transactions · 2024

Lake Central Property Transactions 2024

13 property sales worth ⃃ 24.01M were registered in Lake Central in 2024, 62.5% higher than 2023 by number of sales. The median sale price was ⃃ 1,900,000 and the median price per square foot ⃃ 1,683 (+28.7% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 13 salesUpdated: 18 Oct 2026
Property sales
13
+62.5% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 24.01M
+96.8% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,900,000
+43.9% vs 2023
13 sales
Median price per sq ft
⃃ 1,683
+28.7% vs 2023
13 sales

What types of property sold in Lake Central in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial13100%⃃ 24.01M⃃ 1,900,000⃃ 1,683

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)430.8%⃃ 3.62M⃃ 550,000⃃ 381
Resale (secondary)969.2%⃃ 20.39M⃃ 1,900,000⃃ 2,095
Ready13100%⃃ 24.01M⃃ 1,900,000⃃ 1,683

How many rental contracts were registered in Lake Central in 2024?

160 rental contracts (new and renewed) were registered in Lake Central in 2024, at a median annual rent of ⃃ 119,100 (+32.3% on 2023). Rental yields in Lake Central

What were the most expensive property sales in Lake Central in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/05/2024Lake CentralCommercial1,540 sq ft⃃ 6,000,000Resale · Ready
28/03/2024Lake CentralCommercial825 sq ft⃃ 2,400,000Resale · Ready
25/11/2024Lake CentralCommercial1,697 sq ft⃃ 2,323,272Primary · Ready
15/10/2024Lake CentralCommercial988 sq ft⃃ 2,200,000Resale · Ready
30/05/2024Lake CentralCommercial805 sq ft⃃ 2,100,000Resale · Ready
20/11/2024Lake CentralCommercial1,129 sq ft⃃ 1,900,000Resale · Ready
04/10/2024Lake CentralCommercial907 sq ft⃃ 1,900,000Resale · Ready
26/03/2024Lake CentralCommercial1,129 sq ft⃃ 1,472,481Resale · Ready
12/03/2024Lake CentralCommercial1,129 sq ft⃃ 1,250,000Resale · Ready
02/05/2024Lake CentralCommercial689 sq ft⃃ 1,165,000Resale · Ready

What were the last registered sales of 2024?

No transactions on record for this selection.

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/lake-central/2024
Lake Central Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/lake-central/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 Lake Central in 2024?
13 property sales worth ⃃ 24,010,753 were registered in Lake Central in 2024. That is 62.5% higher than 2023.
What was the median property price in Lake Central in 2024?
The median sale price was ⃃ 1,900,000 and the median price per square foot ⃃ 1,683 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Lake Central were off-plan or from developers?
Developer (primary) sales were 30.8% of the 13 sales and resales 69.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/lake-central/2024