The Lakes

Off-plan and ready are different markets

In the 12 months to 7 October 2026, across 534 sales (33 off-plan, 501 completed homes), off-plan sold 32% above completed homes here.

Across every recorded sale since 2007, off-plan sold 25% above completed homes here.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

What each size costs in The Lakes

Typical size and price for every bedroom count. A size with at least 15 recorded sales is well evidenced; a size with fewer is still shown, with a red (i) and the number of sales behind it. The Dubai Land Department records the number of bedrooms on nearly every sale, so these figures come from real sales, not estimates. The main price is for the last 12 months. The typical price across every sale on record sits under it.

Rent: the typical rent on new lets, matched by bedrooms or by size.

What exists here, and who may own it

Most figures on this page are about sales and rents. This one counts what exists, not what sold: the units on the Land Department’s register.

No villas in this register.

Dubai Land Department · unit register The Land Department's unit register · counts, not valuations. File dated 8 Oct 2026 · synced 9 Oct 2026.

Villas on the Land Department's register in Al Thanyah Third

The Land Department files these villas under its area Al Thanyah Third, which this page covers as The Lakes. Every villa record in that Land Department area is counted.

485 of the 1,257 villa records the Land Department lists in Al Thanyah Third stand alone on their plot with both sizes recorded; the other 772 share a plot with other building records or miss a size, and are not in these bands.

• 3 bedrooms

  141 villas

  Plot

  typically 4,887 sqftmiddle half 4,682–5,413 sqft

  Built-up area

  typically 3,414 sqftmiddle half 3,163–3,696 sqft

• 4 bedrooms

  254 villas

  Plot

  typically 6,927 sqftmiddle half 5,376–7,987 sqft

  Built-up area

  typically 4,024 sqftmiddle half 3,542–5,912 sqft

• 5 bedrooms

  90 villas

  Plot

  typically 9,484 sqftmiddle half 5,927–11,417 sqft

  Built-up area

  typically 6,425 sqftmiddle half 4,125–7,659 sqft

Both figures are as the Land Department's files record them, for the same villas. On these villas the plot is typically 1.48 times the built-up area (middle half 1.38–1.59).

In the Land Department's buildings file dated 5 Oct 2026 and in the Land Department's land register dated 10 Oct 2026.

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Rental market

From 4,213 Ejari rent contracts , last 12 months. These are the rents tenants agreed to pay, not advertised rents.

Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.

What it returns

A year of rent compared with what completed homes of that size actually sold for in The Lakes over the same twelve months. Rents come from Ejari rent contracts and prices from recorded sales. Off-plan sales are left out of the price, because rent is paid on built homes and off-plan sells at a premium.

The highest yield before costs here is on a studio at 6.7%. Studio apartments here yield more than 3-bedroom apartments: 6.7% against 5.6%.

Yield before costs: a year of rent as a share of the price.

Common questions about The Lakes

Prices by quarter, Q4 2024 to Q3 2026

Typical sale price per sqft in The Lakes, by calendar quarter of the sale date, with ready homes and off-plan sales kept apart. Only complete quarters are shown. A quarter with 60 or more sales is well evidenced; one with fewer is still shown, with a red (i) and the number of sales, and no change against a year earlier is worked out from it.

The typical price moves with the mix of homes that sold, not only with prices.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Typical price per sqft, month by month

Ready and off-plan together · the newest month is still filling up.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Mortgage registrations in The Lakes

There were 565 mortgage registrations here in the 12 months to 7 October 2026. That is the date of the newest mortgage registration in our Dubai-wide records. These count registrations, not buyers. The register records each loan on its own and does not link it to a sale, so we cannot tell you what share of purchases were paid for with a mortgage.

• 479 new registrations
• 4 delayed, on off-plan
• 43 modifications
• 21 lease finance
• 7 pre-registrations
• 1 portfolio registrations
• 10 other types

A modification or a transfer is not a new purchase.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Valuations recorded here

Counted from the Land Department's valuations file dated 10 Oct 2026, over the 12 months to 9 Oct 2026.

• flats24 valuationsThe Land Department's valuations file dated 10 Oct 2026 records 24 valuations of flats in The Lakes in the 12 months to 9 Oct 2026.

• Fewer than 20 valuations of villas were recorded in The Lakes in the 12 months to 9 Oct 2026, so Keyva shows no count.

A valuation here is an appraisal recorded with the Land Department. It is not a price anyone paid, and the file does not say why each one was recorded. Keyva shows the count and no value.

Dubai Land Department · valuation records Land Department valuations counted as recorded, per property sub-type, in the 12 months to 9 Oct 2026, with a count shown only from 20 valuations · counts, never a price. File dated 10 Oct 2026 · synced 11 Oct 2026.

Areas at a similar price

Closest to The Lakes on typical price per sqft, each over the same 30 days.

Buildings in The Lakes

Each has at least twenty sales on record, so its own typical price means something. Ordered by how many sales each has had, most first.

Every building in The Lakes

Projects in The Lakes