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Every price below is a registered DLD sale - the amount the buyer actually paid, not an asking or listing price.

Save Compare Date Location Project Size Sold price
Market Context
Lake Terrace
Jumeirah Lake Towers (JLT) · Apartment · Studio Bed · 23 August 2022
This Transaction
AED 550,000
489 sqft · AED 1,125/sqft
✓ Registered sale price — what the buyer actually paid and the DLD recorded, not an asking price.
A matching unit — same size, same bedrooms — sold on 5 August 2020 for AED 465,000; this sale is +18.3% after 2.0 years. Matched on size and bedrooms, not a unit id.
Building Avg /sqft
AED 963
+17% vs building avg
Community Avg /sqft
AED 1,487
-24% vs community avg
What is this worth? indicative range, not an appraisal
AED 784,437 – AED 854,784
middle of the range AED 825,002 · comparable sales sold at AED 1,604–1,748/sqft

The middle half of 11 registered studio sales in Lake Terrace in the last 12 months, within 15% of 489 sqft, scaled to this size. A range with the evidence below — not a score, and no adjustment for floor, view, condition or the market since.

Lake Terrace · 496 sqft · 3 Sept 2026 AED 800,000 · AED 1,613/sqft Lake Terrace · 497 sqft · 2 Jul 2026 AED 870,000 · AED 1,751/sqft Lake Terrace · 489 sqft · 29 Jun 2026 AED 825,000 · AED 1,687/sqft Lake Terrace · 517 sqft · 17 Jun 2026 AED 825,000 · AED 1,596/sqft Lake Terrace · 517 sqft · 14 May 2026 AED 850,000 · AED 1,644/sqft Lake Terrace · 497 sqft · 5 May 2026 AED 686,845 · AED 1,383/sqft

Showing the 6 most recent of 11 comparable sales.

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