Lake City Tower, DMCC Master Community: sale prices and transactions
Lake City Tower is a project registered with the Dubai Land Department (project no. 816) in DMCC Master Community. Since July 2009, 945 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 30 sales closed at a median AED 14,181 per m² (AED 1,317 per sq ft).
- AED 14,181median price per m²
- AED 1,317median price per sq ft
- 945sales since 2009
- 30sales in 12 months
- +1.7%change year on year
- 422registered homes
Its price per m² is 21% below the DMCC Master Community median (AED 17,962/m²). 100% of sales are completed homes: an established project with a resale track record.
Lake City Tower 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 |
|---|---|---|---|
| Apartment · Studio | 4 | AED 710,000 | 38 m² |
| Apartment · 1 bedroom | 21 | AED 1,044,426 | 78 m² |
| Apartment · 2 bedrooms | 5 | AED 1,500,000 | 116 m² |
Lake City Tower price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 12 | AED 8,664 | AED 805 | — |
| 2020 | 15 | AED 7,050 | AED 655 | -18.6% |
| 2021 | 24 | AED 7,489 | AED 696 | +6.2% |
| 2022 | 32 | AED 8,690 | AED 807 | +16% |
| 2023 | 44 | AED 10,939 | AED 1,016 | +25.9% |
| 2024 | 55 | AED 11,893 | AED 1,105 | +8.7% |
| 2025 | 48 | AED 14,021 | AED 1,303 | +17.9% |
| 2026 (to mid-October) | 20 | AED 14,181 | AED 1,317 | +1.1% |
Lake City Tower rents
223 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 1 bedroom 7.1%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 37 | AED 55,000 | 50,000 – 59,000 | AED 55,100 |
| Apartment · 1 bedroom | 160 | AED 73,750 | 65,000 – 80,000 | AED 75,000 |
| Apartment · 2 bedrooms | 26 | AED 106,500 | 93,890 – 116,250 | AED 108,000 |
Registered homes at Lake City Tower
The DLD register lists 422 homes for this project across 1 building (up to 36 floors), with a median size of 68 m².
- Studio: 65
- 1 bedroom: 292
- 2 bedrooms: 65
Location
- Nearest metro: Jumeirah Lakes Towers
- Shopping mall: Marina Mall
- Landmark: Sports City Swimming Academy
Neighbouring projects in DMCC Master Community
Same price per m² elsewhere in Dubai
- The Fifth Tower, Jumeirah Village Circle — AED 14,171/m²
- Sulafa Tower, Dubai Marina — AED 14,182/m²
- Lumina Vista Residences, Jumeirah Village Circle — AED 14,164/m²
- Majestique Residence 2, Dubai South Residential District — AED 14,185/m²
Other projects in DMCC Master Community
- Armada Towers — AED 14,241/m²
- V3 — AED 14,092/m²
- Madina Tower — AED 14,626/m²
- New Dubai Gate1 — AED 14,686/m²
- Seven City JLT — AED 13,440/m²
- Global Lake View — AED 14,936/m²
- Concorde Tower — AED 13,386/m²
- Dubai Star — AED 14,978/m²
DMCC Master Community property prices · DMCC Master Community rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Lake City Tower?
Over the last 12 months the median is AED 1,317 per sq ft (AED 14,181 per m²) across 30 DLD sales.
How much is a studio at Lake City Tower?
Median sale price AED 710,000 for a median 38 m², across 4 sales over the last 12 months.
How many sales have been registered at Lake City Tower?
945 residential sales registered with the DLD between July 2009 and October 2026, 0% of them off-plan.
Where is Lake City Tower?
In DMCC Master Community (DLD area Al Thanyah Fifth), Dubai; nearest metro station per the DLD: Jumeirah Lakes Towers.
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.
Registered units: DLD "Units" and "Buildings" datasets (data.dubai).
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.