Lake Terrace is a new high-rise residential complex of premium class, situated on the lakeshore in the prestigious Jumeirah Lake Towers (JLT) residential area in Dubai, adjacent to Sheikh Zayed Road and Park, facing the renowned Dubai Marina area, and in close proximity to all amenities. In the immediate vicinity, residents can enjoy lush green spaces such as Jumeirah islands, Discovery Gardens, The Gardens, and Emirates Hills, which boast exquisite golf courses. The DMC metro station and public transport stops are just 100 meters away, while the yacht harbor is a mere 500 meters away. Access to the sea and beaches is a quick 5-minute drive.
Lake Terrace is a out of stock residential development located in Jumeirah Lakes Towers , Dubai, UAE. Developed by Damac, this project offers modern residential units designed to meet the needs of homebuyers and investors seeking quality real estate in the UAE. Prices start from AED 1,290,000. Unit sizes start from 719 sqft. The expected handover date is May 2008.
Jumeirah Lakes Towers, Dubai is one of the UAE's most sought-after residential destinations, offering residents easy access to schools, retail centres, restaurants, parks, and major transport links. The community surrounding Lake Terrace is well-established and continues to attract strong demand from both end-users and buy-to-let investors. Dubai's real estate market has shown consistent growth over recent years, driven by population growth, infrastructure investment, and the UAE's status as a global business and lifestyle hub. Residents of Lake Terrace benefit from proximity to key employment districts, international schools, and leisure destinations across the emirate.
Lake Terrace offers a selection of residential units to suit a range of budgets and lifestyles. Each unit is finished to a high standard with contemporary design, quality fixtures, and thoughtful layouts that maximise space and natural light. The development includes shared amenities typical of premium UAE residential projects, such as swimming pools, gyms, landscaped gardens, covered parking, and 24-hour security. Damac is known for delivering projects on schedule with attention to build quality and resident experience.
Damac offers structured payment plans for Lake Terrace, making the project accessible to first-time buyers and experienced investors alike. Dubai's real estate market continues to deliver among the highest rental yields of any global city, with residential properties in well-located communities regularly achieving gross yields of 6–9% per annum. Jumeirah Lakes Towers is particularly popular among tenants, ensuring strong occupancy rates for buy-to-let investors. Capital appreciation in this area has also been strong, with property values rising steadily as demand outpaces supply in key Dubai districts.
R A D A Real Estate is a RERA-registered brokerage in Dubai specialising in off-plan and ready residential properties across the UAE. Our team provides complete end-to-end support for buyers interested in Lake Terrace — from your initial enquiry through to site visits, sales agreement, Dubai Land Department registration, mortgage assistance, and final handover. We maintain a direct relationship with Damac, giving our clients access to the latest availability, pricing updates, and exclusive launch offers. Whether you are purchasing as a primary residence, holiday home, or investment property, R A D A's experienced agents are here to guide you through every step of the process. Contact R A D A Real Estate today to arrange a consultation, request a floor plan, or register your interest in Lake Terrace.