Lake Terrace by DAMAC Properties
Business Bay, Dubai
project Overview for Lake Terrace
AED 720,000
Starting Price
StatusReady
Completion DateN/A
Hisham Alibraheem
Agent
Development Details & Types
40
544
0 - 0 sq.ft
Studio - 3 Bed
About Lake Terrace
Discover Lake Terrace: Upscale Living in Jumeirah Lake Towers
Lake Terrace, a prestigious DAMAC Properties development, offers a sophisticated residential experience in the heart of Jumeirah Lake Towers (JLT). Completed in 2008, this 40-story tower boasts a prime location in Cluster D, alongside other notable buildings like Indigo Tower and Lake City Tower. Its striking white and turquoise façade, constructed with modern and sustainable materials, immediately catches the eye.
Inside, you'll find a collection of exclusive studios, one, two, and three-bedroom apartments, totaling 544 units. Each residence features modern conveniences such as fully-equipped kitchens, built-in closets, laundry rooms, spacious balconies, and panoramic windows offering breathtaking views of the lake and park. The minimalist design of the bedrooms and bathrooms with separate shower areas adds a touch of refined elegance.
Experience the JLT Lifestyle
Residents of Lake Terrace enjoy privileged access to the vibrant Jumeirah Lake Towers community. This sought-after area is known for its upscale residences, international business centers, and a diverse culinary scene, including high-end restaurants, cafes, bars, and clubs. The area's popularity extends to its tourist attractions, viewing platforms, and entertainment venues.
Lake Terrace's convenient location offers easy access to Sheikh Zayed Road, providing quick connections to all parts of Dubai. Public transport links and the DMCC metro station are within walking distance, while Dubai International Airport is only a 37-minute drive away. Local amenities include nearby supermarkets (KP Mart, Carrefour, Spinneys), dining options (Red Rose Mart & Coffee, Chalco’s Mexican Grill, Vietnamese Foodies), and educational institutions (Dewdrops Nursery, Paddington Nursery, Kid Kare Nursery) and healthcare facilities (Dr. K. Medical Center DMCC, The Dome MedDental Clinic, Armada Medical Center).
Explore the Lifestyle & Amenities at Lake Terrace
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A Closer Look at the Features of Lake Terrace
Balcony
Built-in Wardrobes
Walk-in Closet
Central A/C
Experience the Views from Lake Terrace
Lake Terrace offers its residents a range of exceptional amenities designed for comfort and convenience. Enjoy resort-style living with access to a state-of-the-art fitness center and gym, a refreshing swimming pool, and high-speed elevators for effortless access to your floor. The building also features 24-hour security and video surveillance for your safety.
Luxury amenities also include a convenient on-site hotel offering residents cleaning and concierge services. Residents and hotel guests can enjoy additional amenities such as an outdoor pool, sauna, bar, and children's play areas, transforming your daily life into a continuous retreat.
About DAMAC Properties Developer
DAMAC Properties is a leading real estate developer in the Middle East, established in 2002. They have transformed the luxury property market in the region with iconic projects across the UAE, Jordan, Saudi Arabia, Qatar, Turkey, Lebanon, and the UK. With a portfolio of over 35,000 completed projects and 30,000 more underway, DAMAC is renowned for its innovative designs, high-quality construction, and partnerships with global luxury brands like Versace, Cavalli, Paramount, and Fendi. Their mission is to position the UAE as a global hub for trade, hospitality, and lifestyle.
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About Jumeirah Lake Towers
Urban Living
Area LifestyleAlmas Tower
Landmark
Jumeirah Lake Towers (JLT) is a vibrant, self-contained community in Dubai, known for its lakefront living and attractive residential and commercial offerings.
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Project Status and Details for Lake Terrace
Status
Completion Date
No. of Floors
Total Units
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Discover Dubai Real Estate in One Click: Your Fast Track Guide to Property Opportunities
Dubai's real estate market is full of opportunities for buying, selling, renting, and investing. In 2023 alone, the market saw over AED 407 billion in sales, attracting buyers from around the world. Dubai's prime location, business-friendly environment, and zero property taxes make it the top choice for real estate investments. This guide is designed to help you take advantage of the best opportunities in the Dubai real estate market.
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Frequently Asked Questions
Who developed Lake Terrace?
Lake Terrace wurde von DAMAC Properties entwickelt.
Where is Lake Terrace located?
Lake Terrace is situated in Cluster D of Jumeirah Lake Towers, Dubai.
What types of properties are available?
Lake Terrace offers studios, 1, 2, and 3-bedroom apartments.
What are the apartment sizes?
Apartments start from 66.7 sq. m (718 sq. ft).
What is the approximate price range?
Prices for one-bedroom apartments start at AED 720,000 (USD 196,022) - *Please note this price is from 2020 and may vary. Contact us for current pricing information.*
What is the return on investment (ROI)?
The estimated ROI in 2020 was 7.59%. Contact us for current ROI information.
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1618, The Binary Tower, Business Bay, Dubai, UAE, P.O. Box No. 418125. Phone Number: +971 543662210
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