Apartments for sale in Lake Terrace

Jumeirah Lake Towers is a massive development in Dubai real estate market, consisting of high-rise buildings organised into 26 clusters with 3 buildings in each. Located along the Sheikh Zayed Road, JLT got its name from the three man-made lakes that it surrounds. With its mixed community of hotels, apartments and offices, this community is a sought-after real estate location for investors. Each of the clusters is named in the letters of the English alphabet and there is an array of retail outlets and eateries available across the community. Buying a property in JLT is a guaranteed investment opportunity seen as it is growing in demand especially among professionals who work within JLT. Lake Terrace is one of the high-rise residential building in JLT that offers a flourish of apartments.

Types of Apartments in Lake Terrace

Located in the Cluster D of JLT, Lake Terrace is developed by Damac Properties and shares the Cluster with Lake City and Indigo Tower. The apartments for sale here overlooks the tallest building in JLT – Almas Tower and further offers a splendid view across the lakes of JLT and the Sheikh Zayed Road. There are various configurations available in Lake Terrace, such as studios, 1, 2 and 3-bedroom flats.

Sale Price Trends for Apartments in Lake Terrace

The freehold flats are spread across 40 storeys and offer all good-quality services. The price for buying studios start from AED 690,000, AED 850,000 for 1-bedroom units, AED 1,350,000 for the 2-bedroom units and AED 1,650,000 for the 3-bedroom units.

Highlights of Lake Terrace

Offering a luxury waterfront living, the apartments here are conveniently located next to the Emirates Golf Club and opposite Dubai Marina. For anyone looking to buy a property in Lake Terrace, some of the facilities on offer for the residents are an infinity swimming pool, health club, gymnasium, sauna and jacuzzi. There is also a BBQ area, play area for kids and a daycare centre available. With high-speed elevators, 24-hour security and keycard security access, Lake Terrace offers a world-class living in impressively built flats that are designed by the award-winning architect that was responsible for the popular Burj Al Arab – WS Atkins.