Apartments for sale in Lake Terrace

How many apartments are listed for sale in Lake Terrace?

On Bayut, the number of currently listed flats to buy in Lake Terrace is 31.

How much do the prices of an apartment for sale vary in Lake Terrace?

As per the listings on Bayut, you can buy flats in Lake Terrace within a budget of AED 800,000 to AED 2,999,999.

How much do apartments cost on average in Lake Terrace?

According to the last 6 months' listings on Bayut, a flat for sale in Lake Terrace has an average asking price of around AED 1,405,424. These asking prices may vary depending on the property size, type, condition, etc.

What are the prices of flats listed in Lake Terrace based on number of bedrooms?

Below is a breakdown of average prices of apartments listed in Lake Terrace based on number of bedrooms:

• Studio: AED 971,190
• 1 Bedroom: AED 1,296,189
• 3 Bedrooms: AED 2,603,123

Has the average asking sale price changed for flats in Lake Terrace?

The average asking price for apartments has witnessed a change of -5%. The change in price over the past 6 months can be due to the prevailing market conditions and new developments.

Which areas can be considered when exploring apartments near Lake Terrace?

You can explore the following areas to purchase an apartment near Lake Terrace:

• Jumeirah Heights
• Jumeirah Beach Residence (JBR)
• Dubai Marina

Are there any good schools near Lake Terrace?

If you are seeking top schools near Lake Terrace, here's what is recommended:

• Emirates International School Meadows
• Dubai British School, Jumeirah Park
• Dubai British School

Are there any nurseries close to Lake Terrace?

Here's what you can find among the top nurseries:

• Kids Kare Nursery, Dubai
• Oakfield Early Learning Centre JLT
• Kids Kingdom Nursery JLT

How much ROI do apartments in Lake Terrace generate?

Investors can earn up to 6.69% return on investment in Lake Terrace. The value of ROI can vary depending on the property's size, location, amenities nearby and changes in market dynamics. 

What are the prices of apartments listed in locations close to Lake Terrace?

According to Bayut's listing data in the past 6 months, the average prices of flats listed in locations close to Lake Terrace are as follows:

• Jumeirah Heights: AED 3,380,263
• Jumeirah Beach Residence (JBR): AED 5,383,916
• Dubai Marina: AED 3,992,914

How many sale transactions were recorded for apartments in Lake Terrace?

As per DLD's data for the last 12 months, the total number recorded for apartments sold in Lake Terrace is 29.

What is the average cost of an apartment sold in Lake Terrace?

According to DLD’s transactional data, apartments in Lake Terrace have sold at an average price of AED 1,220,509. Prices may go above or below the average depending on the apartment’s size, type, and location.

What is the cost of apartments sold in Lake Terrace based on number of bedrooms?

According to DLD, the average cost of apartments sold in Lake Terrace based on various bedroom categories is as follows:

• Studio: AED 868,809
• 1 Bedroom: AED 1,166,759
• 3 Bedrooms: AED 2,360,000

How do transaction prices of apartments sold in areas close to Lake Terrace vary?

Below are average transaction prices of flats sold in areas close Lake Terrace as per DLD's records:

• Jumeirah Heights: AED 2,709,514
• Jumeirah Beach Residence (JBR): AED 3,579,020
• Dubai Marina: AED 3,291,811