Project · Transactions · 2016

Lake Terrace Property Transactions 2016

61 property sales worth AED 52.65M were registered in Lake Terrace in 2016, unchanged from 2015 by number of sales. The median sale price was AED 765,000 and the median price per square foot AED 1,340 (+1.3% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 61 salesUpdated: 19 Oct 2026
Property sales
61
0.0% vs 2015
1 Jan – 31 Dec 2016
Total value
AED 52.65M
+4.6% vs 2015
1 Jan – 31 Dec 2016
Median sale price
AED 765,000
−6.7% vs 2015
61 sales
Median price per sq ft
AED 1,340
+1.3% vs 2015
61 sales

What types of property sold in Lake Terrace in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments5996.7%AED 49.94MAED 765,000AED 1,340
Commercial23.3%AED 2.71MAED 1,355,000AED 1,409

How were 2016 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)1118%AED 6.34MAED 428,854AED 621
Resale (secondary)5082%AED 46.31MAED 777,500AED 1,407
Ready61100%AED 52.65MAED 765,000AED 1,340

How many rental contracts were registered in Lake Terrace in 2016?

184 rental contracts (new and renewed) were registered in Lake Terrace in 2016, at a median annual rent of AED 82,000 (+8.5% on 2015). Rental yields in Lake Terrace

What were the most expensive property sales in Lake Terrace in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
28/02/2016Lake TerraceCommercial1,009 sq ftAED 2,000,000Resale · Ready
07/06/2016Lake Terrace3 beds · Apartment1,478 sq ftAED 1,835,000Resale · Ready
01/02/2016Lake Terrace3 beds · Apartment1,477 sq ftAED 1,790,000Resale · Ready
27/07/2016Lake Terrace3 beds · Apartment1,478 sq ftAED 1,700,000Resale · Ready
19/05/2016Lake Terrace2 beds · Apartment1,288 sq ftAED 1,550,000Resale · Ready
31/03/2016Lake Terrace2 beds · Apartment1,240 sq ftAED 1,280,000Resale · Ready
08/11/2016Lake Terrace2 beds · Apartment1,668 sq ftAED 1,218,000Primary · Ready
09/11/2016Lake Terrace2 beds · Apartment1,665 sq ftAED 1,168,000Primary · Ready
06/01/2016Lake Terrace1 bed · Apartment746 sq ftAED 1,146,166Resale · Ready
20/10/2016Lake Terrace1 bed · Apartment718 sq ftAED 1,094,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
14/12/2016Lake Terrace1 bed · Apartment753 sq ftAED 970,000Resale · Ready
29/11/2016Lake Terrace1 bed · Apartment753 sq ftAED 950,000Resale · Ready
24/11/2016Lake TerraceStudio · Apartment516 sq ftAED 765,000Resale · Ready
21/11/2016Lake TerraceStudio · Apartment472 sq ftAED 750,000Resale · Ready
20/11/2016Lake TerraceStudio · Apartment567 sq ftAED 750,000Resale · Ready
20/11/2016Lake TerraceCommercial849 sq ftAED 710,000Primary · Ready
17/11/2016Lake Terrace1 bed · Apartment738 sq ftAED 498,420Primary · Ready
09/11/2016Lake Terrace1 bed · Apartment753 sq ftAED 427,806Primary · Ready
09/11/2016Lake TerraceStudio · Apartment472 sq ftAED 296,460Primary · Ready
09/11/2016Lake Terrace2 beds · Apartment1,242 sq ftAED 701,000Primary · 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 2016 with the whole of 2015.
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-terrace/2016
Lake Terrace Property Transactions 2016. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/lake-terrace/2016

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 Terrace in 2016?
61 property sales worth AED 52,654,846 were registered in Lake Terrace in 2016. That is unchanged from 2015.
What was the median property price in Lake Terrace in 2016?
The median sale price was AED 765,000 and the median price per square foot AED 1,340 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Lake Terrace were off-plan or from developers?
Developer (primary) sales were 18% of the 61 sales and resales 82%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/lake-terrace/2016