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Lake Terrace
by DAMAC Properties

Studios, apartments with one, two or three bedrooms, and duplexes

AED 800 K Starting price
Ready Handover
Lake Terraceby DAMAC Properties

Buy an Apartment in Lake Terrace by DAMAC Properties, Jumeirah Lake Towers, Dubai

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 800,000
Location Jumeirah Lake Towers
Developer DAMAC
Handover Ready
Living Area 470 sq. ft. - 1,500 sq. ft.
Bedrooms Studios - 3 BR
Total amount of units 544
ROI 7%
Apartments
Duplexes

Lake Terrace is a completed 40-storey tower in JLT Cluster D. It holds studios, apartments and duplex penthouses above a podium of shops and restaurants, with pools, a gym and spa facilities on site.

Lake Terrace contains 544 residences across 40 storeys and overlooks Almas East Lake from JLT Cluster D. Its turquoise-and-white façade is defined by disc-like rows of balconies. A central green-glazed feature interrupts the massing every eighth floor, revealing duplex terraced penthouse suites. The unit mix spans studios and apartments with one, two or three bedrooms, plus duplexes. Studios begin at about 470 sq ft, two-bedroom apartments cover 1,200–1,250 sq ft, and three-bedroom apartments measure roughly 1,667 sq ft. Most residences have a wide balcony, while larger configurations include three or four bathrooms. Interiors use minimalist finishes, appliance-equipped kitchens, fitted or walk-in closets, separate laundry rooms and panoramic windows. Recreational facilities occupy the first floor and include an infinity-edge pool. At ground level, the podium brings a supermarket, restaurants, salons and a laundry into the building.

Lake Terrace
About Lake Terrace

Overview of Lake Terrace

A mature lakeside address with a walk-to-metro position and a working retail podium. Lake Terrace prices start at AED 800,000 for a studio, and current asking listings average AED 1,718 per sq ft across the tower.

7%

Average ROI

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Community

Jumeirah Lake Towers is a freehold, mixed-use community managed by DMCC, built as clusters of high-rises around man-made lakes, a central park and a lakeside promenade. It faces Dubai Marina across Sheikh Zayed Road, with a footbridge linking the two. The DMCC Free Zone sets the district's rhythm: plenty of residents walk to their offices, and the lakeside cafés and restaurants with outdoor seating serve that same weekday crowd. Tenants skew younger than the Dubai average — working professionals and freelancers on annual contracts, with families concentrated in the larger apartments.

Daily needs are covered inside the clusters. Spinneys, West Zone and Carrefour Market serve grocery shoppers, while Armada Medical Centre and DMCC-based practices provide routine care. Nearby schools include Dubai British School Jumeirah Park, GEMS Wellington International School and Dubai International Academy Emirates Hills. School buses serve the area. By car, Mall of the Emirates is 12 min away and Dubai International Airport is 23 minutes away.

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Interior

Restraint defines the interiors. Rooms are finished in a minimalist register that keeps surfaces quiet and lets the lake and the cluster skyline do the decorating through panoramic windows. Daylight reaches deep into the living and dining space, and the wide balcony extends it outdoors for most of the year. Set against much of the older stock behind listings for apartments with one or two bedrooms in JLT, the layouts here are generous: two-bedroom apartments run 1,200–1,250 sq ft, and a studio starts from around 470 sq ft with the same balcony logic.

Kitchens come fully equipped with appliances and sit alongside the living area rather than compete with it. Storage is built in throughout: fitted closets in the bedrooms, a walk-in closet in the larger layouts, and a dedicated laundry room that keeps utilities out of the main living space. Bathrooms number two or three in a two-bedroom apartment and three or four in a three-bedroom apartment, each with a separate shower area. The specification is practical, executed to the standard DAMAC applied across its JLT-era residential towers.

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Infrastructure

The ground-floor podium handles everyday errands with a supermarket, restaurants, salons, a laundry and a confectionery shop. Outside, Cluster D’s lakeside promenade is lined with cafés and coffee shops offering outdoor seating. Spinneys, West Zone and Carrefour Market serve larger grocery runs elsewhere in JLT. The Bonnington, Taj Jumeirah Lakes Towers and Pullman JLT add more restaurants and bars within the community.

Dubai Marina Mall is 10 minutes away by car, while Mall of the Emirates takes 12 min. Clinics inside JLT provide routine care; Armada Medical Centre is a 9-minute drive, Mediclinic Meadows takes 8 minutes, and Al Zahra Hospital takes 4 minutes. The tower also has strong transport links. DMCC Metro Station is 5 minutes away by car, and Sheikh Zayed Road and First Al Khail Street serve drivers.

Overview

Could a lakeside resale apartment work harder for you?

Amenities of Lake Terrace by DAMAC Properties

Recreation occupies a dedicated floor, while retail and services fill the podium — here is what residents use day to day.

Fully equipped gymnasium

Fully equipped gymnasium

Swimming pools

Swimming pools

Ground-floor retail podium

Ground-floor retail podium

Infinity-edge pool
Finnish-style sauna
Steam room
Pool bar
Mini-golf green
Children's play area
Supermarket and restaurants
Covered parking
CCTV system
24-hour security

Gallery Lake Terrace

Gallery

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

15+
With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
30%+ Profit From Resale
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Lake Terrace
About Us

Economic Attractiveness

A DAMAC-built tower in a DMCC-managed freehold community trades easily: buyers know the developer, and the metro-facing address keeps demand steady.

Get Full Investment Details

1,10 mln -10%

Median price (AED)

1,620 2%

Median price per sqft (AED)

18 -40%

Transactions

Source: Data taken from DXB for the last year, overview - Lake Terrace

ROI 7%

Several drivers hold the tower's returns together. Views over Almas East Lake and across Cluster D give apartments here a visible edge over inward-facing stock, and the position opposite a metro station shortens the daily commute for the DMCC workforce that fills most of the district's tenancies. Service is practical rather than showy: covered parking, CCTV, on-site security and a podium of shops and restaurants that tenants value for convenience. Rental demand comes from working professionals and freelancers on annual contracts, a base tied to nearby employment rather than to a launch cycle. Handover was completed in 2008, so purchases run as straightforward resale transactions settled in cash or with a mortgage.

Current asking prices start at AED 800,000 for a studio of 489 sq ft. Larger apartments are priced individually by floor and outlook. Jumeirah Lake Towers is a freehold zone, so buyers of any nationality can own outright. Residential purchases carry a 4% DLD transfer fee and no VAT.

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For rent

Lake Terrace offers an established rental market rather than a wait for completion. Studio rents currently start at AED 54,000 a year for 472 sq ft, while asking rents across the tower average AED 107 per sq ft annually. Against the AED 800,000 studio sale floor, the derived gross yield is about 7% before service charges. Demand comes from DMCC employees and freelancers seeking annual leases near the metro.

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For living

Living at Lake Terrace combines lake views, panoramic windows and wide balconies with practical interiors. Kitchens include appliances, bedrooms have fitted closets, and each residence has a separate laundry room. Two-bedroom apartments of 1,200–1,250 sq ft give families useful space. JLT adds parks, lakes and a jogging promenade, plus clinics and schools served by buses. A podium supermarket is downstairs, while Dubai Marina is accessible by footbridge across Sheikh Zayed Road.

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For resale

Completed in 2008, Lake Terrace has an established resale record rather than completion risk. Its metro-facing position, lake views and ground-floor retail support buyer demand. Compact apartments pair the tower’s AED 800,000 studio sale floor with rents from AED 54,000 a year. Jumeirah Lake Towers recorded roughly 2,500 apartment sales over the last 12 months, giving owners an active district market when they choose to resell.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

Developer of Lake Terrace

DAMAC Properties, founded in 2002 by Hussain Sajwani, is among Dubai's most established developers and is listed on the Dubai Financial Market.

The company has delivered more than 50,000 homes and completed over 75 towers, with a further 54,000 units planned across 15 cities. Registered with the Dubai Land Department as Developer № 260 since December 2007, it runs eight master communities and works in Saudi Arabia, Qatar, Lebanon and the United Kingdom. Lake Terrace belongs to the earlier JLT chapter of DAMAC Properties, before the branded residences with Cavalli, Paramount and Mandarin Oriental.

Location Lake Terrace by DAMAC Properties

The tower stands in JLT Cluster D, in the northern part of the community beside Indigo Tower and Lake City Tower, overlooking Almas East Lake with the park and promenade at its doorstep.

Drivers can approach Lake Terrace from Sheikh Zayed Road or First Al Khail Street. Dubai Marina Mall is 10 minutes away by car, Mall of the Emirates takes 12 min, and Palm Jumeirah takes 13 minutes. Dubai Marina is also accessible by footbridge across Sheikh Zayed Road.
Public transport is a major advantage. DMCC Metro Station is 5 minutes away by car, while Sobha Realty Metro Station takes 4 minutes; both are on the Red Line. Bus stops are within walking distance. Dubai International Airport is a 23 min drive from the tower.

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Map → Location Lake Terrace by DAMAC Properties Icon Map PIN

Sights & Attractions

Dubai Marina Mall

icon 10 min

Mall of the Emirates

12 min

Palm Jumeirah

13 min

Healthcare facilities

Al Zahra Hospital

icon 4 min

Mediclinic Meadows

8 min

Armada Medical Centre

9 min

Educational institutions

EIS

icon 4 min

GEMS Wellington

4 min

DBS Jumeirah Park

10 min

Transportation

DXB Airport

icon 23 min

Sobha Realty Metro

4 min

DMCC Metro

5 min

General FAQs

Below are the questions buyers and tenants ask most often about this tower, from prices and ownership costs to schools and commuting. If something you need is not covered, our advisers are happy to walk you through it.

Ask a Question

Is Jumeirah Lake Towers a good place to live?

For many professionals and families, yes. JLT is a freehold, mixed-use community built around man-made lakes, a central park and a lakeside promenade, with restaurants and coffee shops along the water. Two Red Line stations serve the district, Dubai Marina is accessible by footbridge, and supermarkets, clinics and nurseries operate inside the clusters. Many residents walk to offices in the DMCC Free Zone, while families often choose the larger apartments. Inner-cluster traffic can become busy during DMCC business hours.

Who manages the Jumeirah Lake Towers community?

DMCC developed and manages the community and also operates the free zone based there. Thousands of companies are registered in the district, so many tenants can live within walking distance of work. This weekday population supports the retail, dining and services found around the lakes. DAMAC Properties developed Lake Terrace itself. The tower stands in Cluster D in northern JLT, beside Indigo Tower and Lake City Tower, with Almas East Lake and the promenade close to its entrance.

How much does an apartment in Lake Terrace cost?

Current asking prices begin at AED 800,000 for a studio measuring 489 sq ft. Across the eight sale listings in the verified current sample, asking prices average AED 1,718 per sq ft. Larger apartments are priced according to size, floor level and outlook, including whether they face Almas East Lake. Lake Terrace has been ready since 2008, so purchases take place on the resale market and are negotiated with the current owner rather than sold at a developer launch price.

What are Lake Terrace service charges and buying costs?

Buying costs follow the standard Dubai residential pattern: a 4% Dubai Land Department transfer fee on the purchase price, plus registration and agency fees. Residential purchases do not carry the 5% VAT applied to commercial deals. Lake Terrace has been ready since 2008, and no current post-handover payment plan is confirmed, so buyers use cash or arrange a mortgage. The exact annual service charge should be confirmed for the specific apartment before purchase.

What unit types and sizes are available in the tower?

The 544 residences include studios, apartments with one, two or three bedrooms, and duplex terraced penthouse suites. The duplexes appear every eighth floor behind the central green-glazed feature. Studios start at around 470 sq ft. Two-bedroom apartments cover 1,200–1,250 sq ft and have two or three bathrooms, a living and dining area, kitchen and large balcony. Three-bedroom apartments measure roughly 1,667 sq ft, with three or four bathrooms and a similarly generous balcony.

Which amenities do residents have access to?

Recreation is concentrated on the first floor, where an infinity-edge swimming pool anchors the facilities. Residents also have access to a gymnasium, other swimming pools, a sauna, steam room, children’s play area, mini-golf and pool bar. Covered parking, elevators, CCTV and on-site security support daily life. At ground level, the podium contains a supermarket, restaurants, salons, a laundry and a confectionery shop, allowing residents to handle many routine errands without leaving the building.

What kind of views do the apartments offer?

Many apartments overlook Almas East Lake through panoramic windows and open onto wide balconies. Higher floors also take in the surrounding Cluster D skyline and the wider grid of JLT towers. The turquoise-and-white façade arranges balconies in a repeating disc pattern, making outdoor space a recurring part of the building’s design. Every eighth floor, the central green-glazed feature opens into a duplex terraced penthouse suite with a more expansive outlook.

What rental income can an owner expect here?

Studios are currently advertised from AED 54,000 a year, with the smallest verified rental listing measuring 472 sq ft. Across the eleven live rental listings in the current sample, asking rents average AED 107 per sq ft annually. Compared with the AED 800,000 studio sale floor, this gives a derived gross starting yield of about 7% before service charges. Nearby DMCC employment supports demand from professionals and freelancers seeking annual leases close to the metro.

Can foreign buyers own property in this building?

Yes. Jumeirah Lake Towers is a designated freehold community, so buyers of any nationality may own an apartment in Lake Terrace and retain the right to resell or let it. The transaction is registered with the Dubai Land Department, which issues the title deed in the buyer’s name. Purchases can be completed in cash or through a mortgage from a UAE bank, and the 4% DLD transfer fee is payable at registration.

How long does it take to reach nearby destinations?

Verified driving times from Lake Terrace are 23 minutes to Dubai International Airport, 13 minutes to Palm Jumeirah, 12 minutes to Mall of the Emirates and 10 minutes to Dubai Marina Mall. DMCC Metro Station takes 5 minutes by car, while Sobha Realty Metro Station takes 4 minutes. Both stations are on the Red Line, and bus stops are within walking distance. Dubai Marina is also accessible via the footbridge across Sheikh Zayed Road.

Which schools and clinics are near Lake Terrace?

Dubai British School Jumeirah Park is 10 minutes away by car. Emirates International School and GEMS Wellington International School each take 4 minutes. For healthcare, Al Zahra Hospital is a 4-minute drive, Mediclinic Meadows takes 8 minutes, and Armada Medical Centre takes 9 minutes. JLT also has medical and dental practices for routine appointments, while school buses serve the community and several nurseries operate within the district.
FAQs

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Lake Terrace
Amirans Kavtaradze

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Amirans Kavtaradze

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Lake Terrace

Starting Price AED 800 K

Handover Ready