Project · Transactions · 2018

Lake City Tower Property Transactions 2018

18 property sales worth ⃃ 12.88M were registered in Lake City Tower in 2018, 43.8% lower than 2017 by number of sales. The median sale price was ⃃ 730,000 and the median price per square foot ⃃ 901 (−18.0% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 18 salesUpdated: 19 Oct 2026
Property sales
18
−43.8% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 12.88M
−55.8% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 730,000
−19.3% vs 2017
18 sales
Median price per sq ft
⃃ 901
−18.0% vs 2017
18 sales

What types of property sold in Lake City Tower in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments18100%⃃ 12.88M⃃ 730,000⃃ 901

How were 2018 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)211.1%⃃ 1.11M⃃ 553,191⃃ 651
Resale (secondary)1688.9%⃃ 11.78M⃃ 745,000⃃ 928
Ready18100%⃃ 12.88M⃃ 730,000⃃ 901

How many rental contracts were registered in Lake City Tower in 2018?

266 rental contracts (new and renewed) were registered in Lake City Tower in 2018, at a median annual rent of ⃃ 62,000 (−11.4% on 2017). Rental yields in Lake City Tower

What were the most expensive property sales in Lake City Tower in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
22/02/2018Lake City Tower1 bed · Apartment840 sq ft⃃ 850,000Resale · Ready
08/11/2018Lake City Tower2 beds · Apartment1,248 sq ft⃃ 850,000Resale · Ready
28/10/2018Lake City Tower1 bed · Apartment729 sq ft⃃ 828,000Resale · Ready
08/05/2018Lake City Tower1 bed · Apartment840 sq ft⃃ 800,000Resale · Ready
18/01/2018Lake City Tower1 bed · Apartment730 sq ft⃃ 780,000Resale · Ready
04/02/2018Lake City Tower1 bed · Apartment729 sq ft⃃ 750,000Resale · Ready
02/05/2018Lake City Tower1 bed · Apartment840 sq ft⃃ 750,000Resale · Ready
30/12/2018Lake City Tower1 bed · Apartment860 sq ft⃃ 750,000Resale · Ready
13/06/2018Lake City Tower1 bed · Apartment729 sq ft⃃ 740,000Resale · Ready
04/07/2018Lake City Tower1 bed · Apartment729 sq ft⃃ 720,000Resale · Ready

What were the last registered sales of 2018?

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 2018 with the whole of 2017.
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-city-tower/2018
Lake City Tower Property Transactions 2018. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/lake-city-tower/2018

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 City Tower in 2018?
18 property sales worth ⃃ 12,882,526 were registered in Lake City Tower in 2018. That is 43.8% lower than 2017.
What was the median property price in Lake City Tower in 2018?
The median sale price was ⃃ 730,000 and the median price per square foot ⃃ 901 (1 Jan – 31 Dec 2018).
What share of 2018 sales in Lake City Tower were off-plan or from developers?
Developer (primary) sales were 11.1% of the 18 sales and resales 88.9%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/lake-city-tower/2018