LAKE TERRACE
ReadyDeveloperDAMAC PROPERTIES CO (L.L.C)
CommunityJumeirah Lakes Towers
AreaAl Thanyah Fifth
Started
19 years 8 months ago20-05-2006
Handover
17 years 8 months ago13-05-2008
Status
CompleteFinished
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Rising+10%
GrowthCurrent:AED 1,661/sqft
Last 12M:AED 1,512/sqft
Momentum: Last 12Mvs Prior Year
Rising+3%
GrowthLast 12M:AED 1,512/sqft
Prior Year:AED 1,475/sqft
Community Compare: Last 90DJumeirah Lakes Towers
At Market+1%
Above AvgProject:AED 1,661/sqft
Community:AED 1,639/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
47Sold (Last 12M)
Supply & Demand Matrix
LAKE TERRACE averaged 8% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
258 units
12 sold246 left
5%
Velocity
1 Bedroom
216 units
22 sold194 left
10%
Velocity
2 Bedrooms
44 units
10 sold34 left
23%
Velocity
3 Bedrooms
26 units
3 sold23 left
12%
Velocity
Shop
29 units
0 sold29 left
0%
Velocity
Layouts & Units (573)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 66 units | Type Flat | Beds 1 B/R | Size 753 sqft | Avg Price AED 701K | Last Price AED 1.2M | Last Sold 9 days ago | Sales 162 |
Units 66 units | Type Flat | Beds 1 B/R | Size 718 sqft | Avg Price AED 742K | Last Price AED 1.3M | Last Sold 30 days ago | Sales 124 |
Units 46 units | Type Flat | Beds Studio | Size 497 sqft | Avg Price AED 493K | Last Price AED 850K | Last Sold about 1 month ago | Sales 89 |
Units 29 units | Type Flat | Beds 2 B/R | Size 1,242 sqft | Avg Price AED 1.2M | Last Price AED 1.9M | Last Sold about 1 month ago | Sales 45 |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,665 sqft | Avg Price AED 1.4M | Last Price AED 1.9M | Last Sold about 2 months ago | Sales 6 |
Units 6 units | Type Flat | Beds 3 B/R | Size 1,530 sqft | Avg Price AED 1.5M | Last Price AED 2.9M | Last Sold 2 months ago | Sales 18 |
Units 12 units | Type Flat | Beds 1 B/R | Size 737 sqft | Avg Price AED 767K | Last Price AED 978K | Last Sold 4 months ago | Sales 25 |
Units 2 units | Type Flat | Beds Studio | Size 518 sqft | Avg Price AED 770K | Last Price AED 900K | Last Sold 5 months ago | Sales 5 |
Units 4 units | Type Flat | Beds 2 B/R | Size 1,288 sqft | Avg Price AED 1.3M | Last Price AED 1.6M | Last Sold 5 months ago | Sales 9 |
Units 58 units | Type Flat | Beds Studio | Size 516 sqft | Avg Price AED 548K | Last Price AED 765K | Last Sold 6 months ago | Sales 93 |
Units 3 units | Type Flat | Beds 2 B/R | Size 1,237 sqft | Avg Price AED 1.4M | Last Price AED 1.6M | Last Sold 6 months ago | Sales 11 |
Units 38 units | Type Flat | Beds 1 B/R | Size 744 sqft | Avg Price AED 738K | Last Price AED 1.2M | Last Sold 7 months ago | Sales 64 |
Units 40 units | Type Flat | Beds Studio | Size 472 sqft | Avg Price AED 541K | Last Price AED 850K | Last Sold 7 months ago | Sales 65 |
Units 8 units | Type Flat | Beds 3 B/R | Size 1,478 sqft | Avg Price AED 1.4M | Last Price AED 2.3M | Last Sold 8 months ago | Sales 14 |
Units 36 units | Type Flat | Beds Studio | Size 527 sqft | Avg Price AED 487K | Last Price AED 890K | Last Sold 8 months ago | Sales 84 |
Units 8 units | Type Flat | Beds 1 B/R | Size 894 sqft | Avg Price AED 804K | Last Price AED 1.3M | Last Sold 11 months ago | Sales 14 |
Units 14 units | Type Flat | Beds 1 B/R | Size 796 sqft | Avg Price AED 714K | Last Price AED 1.2M | Last Sold 11 months ago | Sales 23 |
Units 20 units | Type Flat | Beds Studio | Size 567 sqft | Avg Price AED 527K | Last Price AED 820K | Last Sold 11 months ago | Sales 45 |
Units 8 units | Type Flat | Beds Studio | Size 529 sqft | Avg Price AED 535K | Last Price AED 845K | Last Sold about 1 year ago | Sales 18 |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,668 sqft | Avg Price AED 1.3M | Last Price AED 1.8M | Last Sold about 1 year ago | Sales 4 |
Units 12 units | Type Flat | Beds 1 B/R | Size 738 sqft | Avg Price AED 754K | Last Price AED 1.2M | Last Sold about 1 year ago | Sales 27 |
Units 12 units | Type Flat | Beds 3 B/R | Size 1,476 sqft | Avg Price AED 1.3M | Last Price AED 2.0M | Last Sold over 1 year ago | Sales 19 |
Units 36 units | Type Flat | Beds Studio | Size 492 sqft | Avg Price AED 482K | Last Price AED 750K | Last Sold over 1 year ago | Sales 49 |
Units 27 | Type Shop | Beds — | Size 651 sqft | Avg Price AED 787K | Last Price AED 914K | Last Sold over 1 year ago | Sales 2 |
Units 3 units | Type Flat | Beds Studio | Size 510 sqft | Avg Price AED 524K | Last Price AED 740K | Last Sold almost 2 years ago | Sales 8 |
Units 2 units | Type Shop | Beds — | Size 476 sqft | Avg Price AED 1.1M | Last Price AED 1.2M | Last Sold over 2 years ago | Sales 5 |
Units 22 | Type Shop | Beds — | Size 1,020 sqft | Avg Price AED 2.2M | Last Price AED 2.1M | Last Sold over 2 years ago | Sales 3 |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,272 sqft | Avg Price AED 963K | Last Price AED 1.2M | Last Sold almost 3 years ago | Sales 20 |
Units 28 | Type Shop | Beds — | Size 721 sqft | Avg Price AED 847K | Last Price AED 847K | Last Sold almost 3 years ago | Sales 1 |
Units 6 units | Type Flat | Beds Studio | Size 474 sqft | Avg Price AED 536K | Last Price AED 575K | Last Sold about 3 years ago | Sales 13 |
Units 3 units | Type Flat | Beds Studio | Size 560 sqft | Avg Price AED 550K | Last Price AED 640K | Last Sold about 3 years ago | Sales 8 |
Units 2 units | Type Shop | Beds — | Size 456 sqft | Avg Price AED 829K | Last Price AED 965K | Last Sold over 3 years ago | Sales 5 |
Units 5 | Type Shop | Beds — | Size 557 sqft | Avg Price AED 1.0M | Last Price AED 1.0M | Last Sold about 4 years ago | Sales 1 |
Units 18 | Type Shop | Beds — | Size 949 sqft | Avg Price AED 1.7M | Last Price AED 1.2M | Last Sold about 5 years ago | Sales 2 |
Units 25 | Type Shop | Beds — | Size 1,225 sqft | Avg Price AED 2.6M | Last Price AED 1.8M | Last Sold over 6 years ago | Sales 3 |
Units 23 | Type Shop | Beds — | Size 615 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold over 7 years ago | Sales 2 |
Units 4 | Type Shop | Beds — | Size 792 sqft | Avg Price AED 2.3M | Last Price AED 1.5M | Last Sold almost 8 years ago | Sales 2 |
Units 3 units | Type Shop | Beds — | Size 482 sqft | Avg Price AED 772K | Last Price AED 750K | Last Sold almost 9 years ago | Sales 4 |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,649 sqft | Avg Price AED 1.5M | Last Price AED 1.6M | Last Sold almost 9 years ago | Sales 2 |
Units 8 | Type Shop | Beds — | Size 1,009 sqft | Avg Price AED 2.2M | Last Price AED 2.0M | Last Sold almost 10 years ago | Sales 2 |
Units 20 | Type Shop | Beds — | Size 438 sqft | Avg Price AED 870K | Last Price AED 725K | Last Sold over 11 years ago | Sales 2 |
Units 2 | Type Shop | Beds — | Size 752 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold over 12 years ago | Sales 1 |
Units 2 units | Type Shop | Beds — | Size 538 sqft | Avg Price AED 797K | Last Price AED 645K | Last Sold over 12 years ago | Sales 4 |
Units 19 | Type Shop | Beds — | Size 1,702 sqft | Avg Price AED 3.2M | Last Price AED 2.3M | Last Sold over 12 years ago | Sales 2 |
Units 3 | Type Shop | Beds — | Size 786 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold almost 14 years ago | Sales 1 |
Units 17 | Type Shop | Beds — | Size 782 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold about 14 years ago | Sales 1 |
Units 26 | Type Shop | Beds — | Size 690 sqft | Avg Price AED 2.9M | Last Price AED 2.9M | Last Sold about 14 years ago | Sales 1 |
Units 24 | Type Shop | Beds — | Size 612 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold almost 15 years ago | Sales 1 |
Units 6 | Type Shop | Beds — | Size 443 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 29 | Type Shop | Beds — | Size 849 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 1 | Type Shop | Beds — | Size 894 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 11 | Type Shop | Beds — | Size 1,076 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
52 unique layouts covering 573 units