The Lakes is an established community in Dubai famous for being family friendly. The lush greenery combined with lakes and waterways sets the perfect tone for a tranquil environment. Serving as the perfect getaway from the hectic routine of Dubai, the residential areas of the neighbourhood features a selection of villas with convenient amenities such as swimming pools, children’s play areas and barbeque areas! For people who want to move to this area, MyBayut is here with a list of the best areas with villas for sale in The Lakes Dubai. To ease your investment decision, we have also mentioned the current average return on investment (ROI) for each sub-community.
Best Areas with Villas for Sale in The Lakes Dubai
The Lakes is a beautiful community to live in, thanks to the happening life it offers to residents. While living there, you can head over to the community centre called The Lakes Club that houses tennis, squash, volleyball courts, a day-care centre, an aerobics studio, dining options, a convenience store, a gym and a swimming pool. What more could you ask for?
If that isn’t enough, the community is situated near Knowledge Village, Dubai Media City, Dubai Internet City and Dubai Marina. Being a gated community, it offers a safe and secure lifestyle for people living there. The property for sale in The Lakes offers a relaxed routine to residents.
There are six sub-communities in The Lakes Dubai, namely Hattan, Ghadeer, Zulal, Maeen, Forat and Deema. Most of the villas for sale in The Lakes Dubai are spacious units covering areas ranging from 2,000 sq. ft. to 10,696 ft. With a few exceptions, most villas are 3 to 5-bedroom units. Each sub-community in The Lakes has its own plus points.
The sub-community that topped the list of best areas having villas for sale in The Lakes Dubai through the first half of 2019 based on user search is Hattan. The area is further divided into Hattan 1, Hattan 2 and Hattan 3. In addition to the aforementioned 30,000 ft. community centre, The Lakes Club, this community offers 24/7 security, a mosque, a playground, parks and bicycle paths too. It also has a hip-and-happening lifestyle that includes sports activities. It also offers convenient access to Jebel Ali Hospital and Dubai International Academy for students.
Hattan is an area popular among UAE nationals and expat families alike. Not only is the area popular, but it is also the most expensive region for buying villas in The Lakes. Hattan villas for sale provide an average ROI of 4.2%.
The 4-bed freehold villas in Hattan are available for an average sales price of AED 7.5M. The 5-bedroom villas for sale in Hattan are priced at AED 9.3M, and this is the only sub-community that offers villas of this size in The Lakes. The 6-bedroom villas for sale in Hattan have an average sales price of AED 13.6M.
These villas have a conventional Arabic architecture that facilitates maximum wind circulation throughout the house. The bathrooms are contemporary and kitchens are fitted ones.
Popular among families for providing easy access to golf courses, Zulal is the second most popular area with villas for sale in The Lakes Dubai. The villas in Zulal follow the traditional Middle-Eastern architecture and have 10 different floor plans to suit your requirements. The community offers attached villas for sale in 3-bedroom and 4-bedroom configurations. The villas for sale here are on the cheaper end of our list for today.
The 3-bedroom villas for sale in Zulal have an average price of AED 2.7M. The 4-bedroom villas for sale in Zulal have a sales price of AED 3.5M. These units are much more affordable than 4-bedroom villas elsewhere in The Lakes, and offers a relatively better ROI of 6.2%.
The third most popular area to buy villas in The Lakes is Ghadeer. It is a community offering a serene environment, The name Ghadeer literally translates into ‘stream’ in English. The area provides convenient access to the Emirates Golf Club and The Montgomerie Dubai, as well as the play area for kids making it popular among families.
Ghadeer villas for sale come with landscaped gardens, spacious balconies and even walk-in closets! The ROI for villas in this sub-community is 6.1%. You can buy one of the 3-bed villas for sale in Ghadeer for an average price of AED 2.7M, which is below average considering the other 3-bedroom villas for sale in The Lakes.
Next up among the most popular areas to buy villas in The Lakes is Maeen. The area is famous for the scenic views it offers. Maeen has an interconnected sidewalk system that makes accessing The Lakes Club and daycare centre convenient.
Maeen villas for sale are truly iconic. They have quality finishes and the same upscale features including elegant bathrooms, fully fitted kitchens and built-in closets. Some units even have a private swimming pool!
The villas come in 3, 4 and 5-bedroom configurations. The 3-bedroom villas for sale in Maeen are priced at AED 2.8M. The 4-bedroom villas for sale in Maeen are a bit more expensive; they are valued at AED 4.3M. The 5-bedroom villas for sale in Maeen can be bought for AED 6.3M. Offering an ROI of 6.2%, the villas for sale in Maeen can make up for worthwhile investment among people looking to purchase property in The Lakes.
Wrapping up our list of the best areas to buy villas in The Lakes is Deema. Offering a high-end lifestyle, this vibrant community has everything you could think of, from world-class restaurants to a fitness club and jogging tracks! The area itself is built around tranquil lakes, making it a serene sub-community.
The villas in Deema range from 3 to 5-bed units, providing an average ROI of 6%. The 3-bedroom villas for sale in Deema are valued at AED 4.6M. Interestingly, the average price of 4-bedroom villas for sales in Deema is relatively lower, i.e. AED 4.5M. The 5-bedroom villas for sale in Deema can be bought for an average of AED 4.95M.
Besides these options there’s one more community in The Lakes, Forat, having 3 and 4-bedroom villas for sale in The Lakes Dubai.
With their stunning finishes and amazing amenities, it’s easy to see why these are are the areas having the best villas for sale in The Lakes Dubai. People who prefer to live on rent can also check out the popular areas to rent villas in The Lakes. A lot of these properties also include freehold villas in The Lakes. Stay tuned to the Market Trends section of MyBayut for similar investment-friendly updates!