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Community · #116 by 12M value

The Lakes

Median price per sqft · last 3 months

AED 2,490 /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
3

Market bulletin · Thu, 22 Oct 2026

The Lakes: 3 sales worth AED 20.1M in 30 days

The Lakes recorded 3 sales worth AED 20.1M in the 30 days to Thu, 22 Oct 2026, up 200.0% on the previous 30 days. Over the last week 2 sales were registered (AED 13.4M), against 1 the week before.

The median sale over the last three months was AED 6.80M, or AED 2,490/sqft.

By market over 12 months: secondary (ready) sales 100%.

Maeen was the most active project by value over 12 months (9 sales, AED 94.5M), and Emaar Properties the leading developer with 100% of value.

Leases registered in the last three months had a median annual rent of AED 290K. The best gross yield is on 3 BR villas & townhouses at about 4%.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26AED 3,233
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26AED 2,759
Dec 25—
Nov 25—
Oct 25—
Sept 25AED 2,663
Aug 25AED 2,734
Jul 25AED 2,960
Jun 25AED 2,173
May 25—
Apr 25AED 2,067
Mar 25AED 1,839
Feb 25AED 1,708
Jan 25AED 1,603
Dec 24AED 1,672
Nov 24AED 1,850

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26003
Sept 26001
Aug 26004
Jul 26006
Jun 26001
May 26004
Apr 26000
Mar 26003
Feb 26004
Jan 26005
Dec 25002
Nov 25002

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month3up 200.0%AED 20.1M——
Last 3 months10up 11.1%AED 84.0M2,490down 12.4%
Last 6 months19up 11.8%AED 157M2,508down 9.1%
Last 12 months37down 74.7%AED 338M2,759up 31.4%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Secondary (ready)37100%AED 7.60M2,759up 31.4%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
3 bedrooms3186%AED 7.00M2,603up 31.5%
4 bedrooms514%AED 12.0M3,067up 12.2%
By property type (12M)
TypeSalesShareMedian priceAED/sqft1Y
Villas3697%AED 7.33M2,774up 32.1%
Plots13%———
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
AED 2M–10M2670%AED 6.85M2,506up 32.0%
AED 10M–50M1130%AED 12.0M3,357up 13.5%

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table
Median annual rent
DateAnnual rent
Oct 26AED 300K
Sept 26AED 290K
Aug 26AED 290K
Jul 26AED 305K
Jun 26AED 283K
May 26AED 265K
Apr 26AED 333K
Mar 26AED 320K
Feb 26AED 289K
Jan 26AED 283K
Dec 25AED 285K
Nov 25AED 280K
Oct 25AED 320K
Sept 25AED 300K
Aug 25AED 283K
Jul 25AED 267K
Jun 25AED 270K
May 25AED 262K
Apr 25AED 278K
Mar 25AED 305K
Feb 25AED 280K
Jan 25AED 250K
Dec 24AED 300K
Nov 24AED 280K
Leases (12M)
362
New leases
37.8%
Median rent 3M
AED 290K
Rent/sqft 3M
AED 101
Gross yield
3 BR villas & townhousesAED 280K / AED 7.00M4.0%
4 BR villas & townhousesAED 433K / AED 12.0M3.6%
Rent by bedrooms (12M)
BedroomsLeasesMedian rentNew leasesAED/sqft/yr
3 BR227AED 280KAED 303K100
4 BR32AED 433KAED 480K113
5+ BR14AED 435K—105

Top projects

By sales value, last 12 months

Top projects
ProjectSales 12MAED/sqft3M
MaeenThe Lakes9——
Zulal 2The Lakes6——
GhadeerThe Lakes6——
ForatThe Lakes5——
Hattan 1The Lakes1——
Zulal 1The Lakes4——
Deema 3The Lakes2——
Deema 4The Lakes2——
Deema 1The Lakes1——
Deema 2The Lakes1——

Developers in The Lakes

Their sales here only, last 12 months

Top developers
DeveloperSales 12MAED/sqftShare
Emaar Properties372,759100%

Similarly priced communities

Compare

Communities with the closest 12-month median AED/sqft

Peers
NameSales 12MAED/sqft3M
Dubai Islands3,8132,480down 14.2%
Umm Suqeim Third3952,716up 12.3%
City Walk2292,750up 0.2%
DIFC2982,306down 35.2%
Al Barari1982,710—
Jebel Ali First2,0752,960up 31.9%
Al Mina3752,789down 3.8%
Dubai Creek Harbour3,1252,525down 4.2%

Biggest sales, last 3 months

Biggest sales in The Lakes
PricePropertyDate
AED 13.2M3 BR Villa · 3,696 sqftMaeen27 Jul
AED 12.0M4 BR Villa · 4,024 sqftDeema 330 Jul
AED 12.0M3 BR Villa · 3,575 sqftZulal 214 Aug
AED 7.05M3 BR Villa · 2,846 sqftForat7 Aug
AED 6.80M3 BR Villa · 2,881 sqftForat10 Aug
AED 6.80M3 BR Villa · 2,711 sqftZulal 122 Oct

Questions about The Lakes

What is the average price per sqft in The Lakes?

The median sale price in The Lakes over the last three months was AED 2,490 per sqft (median sale AED 6.80M), based on 10 sales registered with Dubai Land Department.

How many properties were sold in The Lakes in the last year?

37 sales worth AED 338M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.

What is the average rent in The Lakes?

The median annual rent on leases registered in the last three months was AED 290K, and the best gross rental yield is about 4.0%.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

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