New Projects Community Insights Building Insights
Market AI
Resource

Buiding

/

Lake Terrace, JLT

Lake Terrace, JLT

Primary slide
Primary thumbnail
Jumeirah Lake Towers (JLT), Cluster D, Dubai

View on Map

-

Strengths

Strategic Location

High-Quality Amenities

Modern Architecture

Weakens

Parking Limitations

Noise Levels

High Service Fees

View Full Details

Buildign Overview

Summary

  • Lake Terrace is a modern residential skyscraper located in the vibrant Jumeirah Lake Towers (JLT) community.
  • This building is strategically positioned near essential amenities, including shopping centers, parks, and recreational facilities.
  • Residents benefit from close proximity to public transport links, making commuting effortless throughout Dubai.
  • Lake Terrace is surrounded by various iconic landmarks such as the Emirates Golf Club and the Dubai Marina.

Properties Overview

  • The building offers a mix of both rental and sale properties, appealing to a diverse range of buyers and investors.
  • Popular units include spacious 1, 2, and 3-bedroom apartments, often characterized by modern layouts and stunning lake views.
  • Current rental prices typically range from AED 60,000 to AED 120,000 per year, depending on the unit’s size and features.
  • Units for sale can vary greatly, with prices generally falling between AED 900,000 to AED 1.8 million, depending on the floor, view, and amenities.

Market Trends

  • In recent years, JLT has experienced a steady growth in rental demand, with annual rental yields averaging around 6-7%.
  • Sales prices have shown a slight increase, indicating a recovering market attracting both local and expatriate buyers.
  • Looking ahead, the market is expected to remain competitive, with projected rental and property price growth continuing through the next year.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to various supermarkets, schools, and healthcare facilities including clinics and pharmacies nearby.
  • Several international schools are within reach, providing quality education for families.
  • Healthcare services are also well-covered, with hospitals like Mediclinic and Emirates Hospital located nearby.

Transportation and Accessibility

  • Lake Terrace benefits from easy access to the Dubai Metro, with a nearby station facilitating quick city commuting.
  • Buses and taxis are readily available, enhancing connectivity to major Dubai destinations.
  • Ample parking spaces are provided for residents and visitors.

Lifestyle Amenities

  • An array of gyms, fitness centers, and wellness facilities is available within the community.
  • The vicinity boasts numerous restaurants, cafes, and hotels, catering to diverse culinary preferences.
  • Parks and lakeside walkways promote outdoor activities and a healthy lifestyle.

Builing Facilities

  • The building is equipped with high-speed elevators, 24/7 security, and central air conditioning.
  • Regular maintenance services ensure a well-kept living environment.

Special Services

  • Lake Terrace offers concierge services, providing residents with assistance in everyday needs.
  • Additional facilities like business centers are enhancing the convenience for professionals and remote workers.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are available, from compact studios to spacious family homes, catering to various lifestyles.
  • Customization options might be available for buyers looking for personalized living spaces.

Things to Consider

  • Prospective tenants and buyers should evaluate their long-term needs, such as space, budget, and amenities.
  • Understand the community rules, regulations, and any associated maintenance fees before committing.

Useful FAQs and Support

Events and Building Life

Building Events

  • Lake Terrace hosts regular community events, social gatherings, and recreational activities to promote neighborly interactions.
  • These events foster a sense of community and belonging among residents.

Community Identity

  • What sets Lake Terrace apart is its vibrant atmosphere and well-planned community structure within JLT.
  • The building's distinctive architectural design complements the surrounding landscape, creating a harmonious living environment.

See more

Detailed Buiding Insights

1. Family Friendliness

Lake Terrace offers a variety of family-friendly amenities such as parks, playgrounds, and community events that cater to children and families, making it a great place for raising kids.

Exceptionally Welcoming

2. Living Options

The community features a range of living options, from spacious apartments to modern villas, catering to various lifestyles and budgets, which enhances its appeal to different demographics.

Broadly Diverse

3. Safety And Security

Lake Terrace has a solid reputation for safety, aided by a visible security presence, well-lit areas, and a community that prioritizes the well-being of its residents.

Remarkably Secure

4. Transportation

Access to major roads and public transport facilities is excellent, making commuting easy for residents, whether traveling to work or leisure destinations.

Highly Convenient

5. Amenities And Facilities

The community boasts a wide array of amenities, including gyms, swimming pools, restaurants, and retail outlets, enhancing the overall living experience for residents.

Richly Equipped

6. Cost Of Living

While Lake Terrace provides a variety of living options, the cost of living can be on the higher side compared to surrounding areas, yet it remains reasonable for the quality of life offered.

Moderately Affordable

7. Things To Do

There are numerous activities and events, from community markets to cultural festivals, ensuring residents always have something engaging to do.

Vibrantly Diverse

8. Noise Levels

Most areas within Lake Terrace are quiet and calm, although some spots near the main roads may experience occasional noise, but overall, it's a serene environment.

Generally Peaceful

9. Pet Friendliness

Many properties are pet-friendly, and multiple parks are available for pets, fostering a community that welcomes furry companions.

Warmly Accommodating

Schools

All
Please wait..

Congratulations!

If you call this place home or have lived here in the
past, we need your review.

Transport & Places

Distance calculator

Explore AI

Discover homes with Stellar AI

Show me buildings near excellent schools
Show me buildings near excellent schools

Information is compiled using advanced tools. Ensure critical details are independently confirmed.

Key Information

Developer: DAMAC Properties

Building Type: Residential

Building Age: 16 years(completed in 2008)

Length: 544

Unit Types : Studio, 1, 2 and 3-bedroom apartments and duplexes

Floors: 40

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

Near by Buildings

Residential Tower

Goldcrest Executive, JLT

Avg Price for sale: 767.4K AED

Avg Price for rent: 64.3K AED

Dubai, Jumeirah Lake Towers (JLT), Cluster C
Residential Tower

Lake City Tower, JLT

Dubai, Jumeirah Lake Towers (JLT), Cluster D
Residential Tower

Indigo Tower, JLT

Dubai, Jumeirah Lake Towers (JLT), Cluster D
Mixed-Use Tower

Almas Tower, JLT

Dubai, Jumeirah Lake Towers (JLT), Cluster E
Residential Tower

Platinum Tower, JLT

Dubai, Jumeirah Lake Towers (JLT), Cluster I

Stellar AI

Beta - Demo

What can I help with?

This feature will be available shortly

Ask any question or choose one of the following:

AED

Beds

Baths

Applied Filters:

..............

See All Homes

We found homes in this area. Click the button below to see them all on our search page.

Loading Data...

Please Wait, it takes some time
AED

Beds

Baths

No Data Found

Unfortunately, we couldn't find any data matching your search criteria at this time.

          

Landmark

Enter area
Max distance
Beds
Price