HIGHLIGHTS
- Renting property
- Buying property
- Getting around
- Schools and clinics
- Malls and restaurants
- Things to consider
- FAQs
ABOUT THE LAKES
The Lakes is an established residential community in the heart of Dubai, alongside Emirate Hills. This Emaar Properties development has various communal amenities and villas in unique layouts providing great views of waterways. The tranquil locality is strategically located close to major areas of the city making it perfect for families and couples alike.
IN A NUTSHELL
- A part of Emirates Living by Emaar Properties
- Offers 3 to 6-bed villas boasting modern architectural styles
- Home to communal facilities and leisure spots
- Quick access to Palm Jumeirah and Dubai Marina
NEIGHBOURHOOD
COMMUNITY OVERVIEW
The Lakes provide a serene lifestyle, away from the city’s hustle and bustle. Home to more than 500 villas, the development is built amidst the famous golf courses of Dubai; Montgomerie Golf Club and the Emirates Golf Course. Not to mention, The Lakes residents can spot dining options nearby and engage in sports activities.
Built across six sub-communities, villas in The Lakes provide stunning views of the man-made lakes and green spaces. The master plan of the area has been tailored to promote sustainability; you can find recycling centres.
PROPERTIES IN THE LAKES
Developed by Emaar Properties, The Lakes features six sub-communities; Forat, Ghadeer, Deema, Maeen, Hattan and Zulal. The gated community provides the utmost amount of comfort and security, appealing to both families and working professionals.
Villas in The Lakes range from 3 to 6 bedrooms available for sale and rent. These residential units are constructed in contemporary architectural styles and come with various amenities such as spacious rooms, maid’s quarters and parking facilities. Other shared facilities are play areas for children, landscaped gardens and pools.
Rental Trends in The Lakes
Villa Type | Average Rental Price in AED |
---|---|
Villa Type 3-Bed | Average Rental Price in AED 293,000 |
Villa Type 4-Bed | Average Rental Price in AED 394,000 |
Villa Type 5-Bed | Average Rental Price in AED 597,000 |
Villa Type 6-Bed | Average Rental Price in AED 850,000 |
The rental trends for villas are as follows:
- The average price for a 3-bedroom villa for rent in The Lakes is AED 293k per annum
- 4-bedroom villas for rent in The Lakes can be leased for AED 370k to AED 450k
- 5-bedroom villas for rent in The Lakes cost an average of AED 597k yearly
- For renting 6-bed villas in The Lakes, one must prepare to shell out AED 730k to AED 940k
Take a look at rental transactions for villas in The Lakes before leasing the property.
Sale Trends in The Lakes
Villa Type | Average Sales Price |
---|---|
Villa Type 3-Bed | Average Sales Price 4,324,000 |
Villa Type 4-Bed | Average Sales Price 7,986,000 |
Villa Type 5-Bed | Average Sales Price 16,323,000 |
Villa Type 6-Bed | Average Sales Price 23,200,000 |
People planning to invest can take a look at the sales trends of villas:
- For buying 3-bedroom villas in The Lakes, one must expect to shell out an average of AED 4.3M
- To buy a 4-bedroom villa in The Lakes, the price range lies between AED 5.5M to AED 15.5M
- 5-bedroom villas for sale in The Lakes can be purchased for AED 8M to AED 35M
- A 6-bedroom villa for sale in The Lakes is available in a price range of AED 16M to AED 27M
Interested buyers can check sales transactions for villas in The Lakes before making the final decision.
ROI in The Lakes
Villa Type | ROI |
---|---|
Villa Type 3-Bed | ROI 6.6% |
Villa Type 4-Bed | ROI 4.32% |
Villa Type 5-Bed | ROI 4.07% |
Villa Type 6-Bed | ROI 4.30% |
3-bedroom villas in The Lakes offer the highest return on investment, which is 6.6%. 4 and 6-bedroom villas follow with a 4.32% and 4.30% ROI, respectively. The spacious 5-bedroom house rounds up the list with a 4.07% ROI.
The Lakes Floor Plans
To get an idea about the properties offered by the different sub-communities in the area, browse through the The Lakes floor plans on Bayut.
Most Popular Communities in The Lakes
There are six sub-communities in The Lakes. Take a look at the most popular communities before renting or buying a property in the area.
Zulal fares as the most popular community in The Lakes. The waterfront sub-community offers 3 and 4-bedroom villas. The starting price to rent a 3-bedroom villa in Zulal is AED 132k while a 4-bedroom villa for sale in Zulal ranges from AED 2.5M to AED 4.5M. Zulal is also one of the popular areas to rent villas in The Lakes.
Ghadeer is the second-most-popular community with an amazing view of the waterways and lush greenery. It is one of the best areas to buy villas in The Lakes. Ghadeer is followed by Maeen, Hattan and Deema.
TRANSPORTATION AND PARKING SPACES IN THE LAKES
For parking in The Lakes, each villa has a dedicated parking area for one or two vehicles.
Public Transportation in The Lakes
There are various bus stations dotted in and around The Lakes that residents can use. The Dubai International Academy bus stop is a 13-minute drive and The Lakes Turnoff bus stop is a 9-minute drive. Al Khail Metro Station and Sobha Realty Metro Station are 5 to 7 minutes away from the neighbourhood.
AMENITIES, SCHOOLS AND HEALTHCARE
SUPERMARKETS IN THE LAKES
Residents don’t need to worry about their grocery shopping as there are several supermarkets in and around The Lakes. Choithrams is located within the community, catering to the daily grocery needs. Built on Sheikh Zayed Road, the food store Organic Foods and Café is also a mere 5-minute drive away. Carrefour, Park n Shop and Aswaaq Mart are other best supermarkets in Dubai that can also be reached in 5 minutes.
CHURCHES, TEMPLES AND MOSQUES NEAR THE LAKES
Several mosques near The Lakes are located a few minutes away from the community. Tiffany Mosque and Masjid Wahid are two of the nearest mosques about 10 minutes away. Located in Dubai Marina, Al Rahim Mosque is only 8 minutes from the neighbourhood. It is one of the most beautiful mosques in Dubai built with Islamic architecture that features exterior and interior appeal to both tourists and residents who visit the mosque.
The Winning Generation Gospel Assembly and Fellowship Church are 10 minutes away. Also, there are several churches located 11 to 18 minutes away in Jebel Ali. Located on Al Safa Street, Guru Nanak Darbar is also located 12 to 15 minutes away.
SCHOOLS AND UNIVERSITIES IN THE LAKES
There are top-rated schools dotted around The Lakes, providing several good options to parents.
The Lakes is also home to a branch of Raffles Early Childhood Centre that is known for its qualified staff providing a stimulating learning environment for younger children. It is a private co-educational centre for 45 days to 4-year-old children.
Considered two of the best American schools in Dubai, GEMS Dubai American Academy and American School Dubai are 10 to 12 minutes away. Following the International Baccalaureate curriculum, Dubai International Academy is located in the neighbouring area of Emirate Hills. Other nearby options include Regent International School and Dubai British School.
As for higher education, a range of universities are situated close to the community. Some top-rated options can be found in and around Dubai Knowledge Park which is a 10-minute drive away. American University Dubai and Oracle University are also situated 10 minutes away on Sheikh Zayed Road.
HOSPITALS AND CLINICS NEAR THE LAKES
Many healthcare services are present in proximity to the residential community providing premium medical care. There are several clinics located in Jumeirah Lake Towers which can be reached within 10 minutes. Three of the best hospitals in Dubai are also conveniently located nearby. These include Saudi German Hospital, Al Zahra Hospital and American Hospital Dubai.
NEARBY AREAS
Developed next to Emirate Hills, the community enjoys quick access to Jumeirah Lake Towers, Dubai Marina, Dubai Internet City and Palm Jumeirah. Also, Jumeirah Beach Residence (JBR) is 12 minutes away.
LIFESTYLE
SHOPPING, DINING AND NIGHTLIFE
MALLS NEAR THE LAKES
Residents can head to Dubai Marina Mall for a shopping spree, which will take about 7 to 8 minutes to reach. Apart from high-end outlets of fashion brands, Dubai Marina Mall is known for housing supermarkets, pharmacies, banks and more. Located at Interchange 4 on Sheikh Zayed Road, the Mall of the Emirates is about 15 minutes away from the gated community. Various other retail centres and souks dotted on Sheikh Zayed Road are 10 to 15 minutes away.
RESTAURANTS IN THE LAKES
The Lakes features a casual dining restaurant The Reform Social & Grill. Serving premium food, the eatery is a popular spot in the community. The dining area is arranged in an open setting which makes the feasts even more enjoyable for the visitors.
Located 9 to 10 minutes away, there are several restaurants and cafes in Barsha Heights (TECOM) such as Fuchsia, Beef King Chinese Restaurant and Manoushe Street. A plethora of high-end dining options can also be found at The Walk, Jumeirah Beach Residence, which is about 11 to 13 minutes away from the community.
BEACHES NEAR THE LAKES
Known for its vibrant ambience and delectable cuisine, Barasti Beach is 10-minutes away from The Lakes. The beach offers stunning views of the crystal blue ocean water on one side and towering skyscrapers on the other side.
JBR Beach can be another option for the residents looking for an ultimate day at the beach. Visitors can indulge in various activities like parasailing, wakeboarding, and watersports.
LEISURE ACTIVITIES AND NOTABLE LANDMARKS
Residents can visit the community centre, The Lakes Club, for an extensive range of activities. Built within the vicinity of the community, the 30,000 sq. ft. the club features various sports facilities such as an aerobic studio, volleyball courts, a swimming pool, as well as tennis and squash courts.
The ideal geographical location of The Lakes allows the residents to reach the ultimate leisure hubs of Dubai in a matter of minutes. Located 15 minutes away, Dubai Marina offers an array of exciting activities – be it cruising tours at The Yellow Boat or the exotic experience in Dubai Marina Yacht Club. Home to the world-famous luxury hotel Atlantis The Palm is a 15-minute drive away from The Lakes.
OUTDOOR ACTIVITIES, FITNESS AND BEAUTY
Residents need not head out of the community for personal grooming. The community centre features one of the most affordable gyms in Dubai, Fitness First, and an outdoor gymnasium. Salon services are also available within the neighbourhood.
The Lakes have reserved courts and grounds for various sports activities. The community offers parks and pools, BBQ areas, a game room, tennis courts, a basketball court, a football field, a squash court and community playgrounds.
COMMUNITY EVENTS
Residents can participate in various sporting events, thanks to the community centre – The Lakes Club. Catering to every age, the club offers various recreational activities including drama and sports.
The golf fans living in The Lakes have the luxury of attending many golf tournaments since the community is built amidst two state-of-the-art golf courses: Emirates Golf Course and The Montgomerie Golf Club at Emirates Hills. The European Tour golf tournament is held every year at Emirates Golf Course, located about 10 minutes away.
As the other Emirates Living communities are close by many of the residents get together through the Facebook group: Meadows, Lakes and Springs Community. It is a shared group for only residents of the above-mentioned areas. If you are looking to socialize then it would be the best place to start.
THINGS TO CONSIDER
The Lakes is one of the most renowned gated communities in Dubai. It is the embodiment of an ideal family-oriented neighbourhood with a range of luxurious villas. Living in The Lakes has its perks; however, one must evaluate a few things before moving. Since the community offers a serene lifestyle, individuals looking for accommodation amidst the hustle and bustle of the city can look for more suitable options.
FAQs about The Lakes
Where is The Lakes located?
The Lakes is a part of Emirates Living communities located in the heart of the city.
What types of properties are available in The Lakes?
There are well-designed residences in The Lakes available in 3 to 6-bedroom units.
Location
- An 11-minute drive to Dubai Marina and Palm Jumeirah
- A 10-minute drive to Dubai Media City
- A 30-minute drive to Dubai International Airport