The Lakes Zulal, Al Thanyah Third: sale prices and transactions
The Lakes Zulal is a project registered with the Dubai Land Department (project no. 1062) in Al Thanyah Third. Since May 2008, 861 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 13 sales closed at a median AED 26,525 per m² (AED 2,464 per sq ft).
- AED 26,525median price per m²
- AED 2,464median price per sq ft
- 861sales since 2008
- 13sales in 12 months
Its price per m² is 30% above the Al Thanyah Third median (AED 20,409/m²). 100% of sales are completed homes: an established project with a resale track record.
The Lakes Zulal prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Villa / townhouse · 3 bedrooms | 13 | AED 6,750,000 | 242 m² |
The Lakes Zulal price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 14 | AED 9,951 | AED 924 | — |
| 2020 | 18 | AED 8,517 | AED 791 | -14.4% |
| 2021 | 39 | AED 10,989 | AED 1,021 | +29% |
| 2022 | 42 | AED 13,874 | AED 1,289 | +26.3% |
| 2023 | 41 | AED 16,039 | AED 1,490 | +15.6% |
| 2024 | 25 | AED 19,125 | AED 1,777 | +19.2% |
| 2025 | 18 | AED 22,154 | AED 2,058 | +15.8% |
| 2026 (to mid-October) | 12 | AED 26,686 | AED 2,479 | +20.5% |
The Lakes Zulal rents
91 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 3 bedrooms 3.9%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Villa / townhouse · 3 bedrooms | 88 | AED 262,365 | 226,250 – 300,000 | AED 300,000 |
Location
- Nearest metro: Nakheel Metro Station
- Shopping mall: Marina Mall
- Landmark: Sports City Swimming Academy
Neighbouring projects in Al Thanyah Third
Same price per m² elsewhere in Dubai
- Palace Residences Dubai Hills Estate, Dubai Hills Estate — AED 26,488/m²
- Elvira, Dubai Hills Estate — AED 26,569/m²
- 15 Northside, Business Bay — AED 26,435/m²
- BLVD Crescent, Downtown Dubai — AED 26,585/m²
Other projects in Al Thanyah Third
- The Hills — AED 24,928/m²
- The Lakes Ghadeer — AED 20,409/m²
- The Lakes Deema 4 — AED 19,794/m²
Al Thanyah Third property prices · Al Thanyah Third rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at The Lakes Zulal?
Over the last 12 months the median is AED 2,464 per sq ft (AED 26,525 per m²) across 13 DLD sales.
How much is a 3 bedrooms at The Lakes Zulal?
Median sale price AED 6,750,000 for a median 242 m², across 13 sales over the last 12 months.
How many sales have been registered at The Lakes Zulal?
861 residential sales registered with the DLD between May 2008 and October 2026, 0% of them off-plan.
Where is The Lakes Zulal?
In Al Thanyah Third, Dubai; nearest metro station per the DLD: Nakheel Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.