When it comes to choosing an apartment to live in Dubai, you have to do more than just find one with appealing interior walls. Purchasers and tenants also look at the type of building, its location, developer reputation, transportation, proximity to facilities, maintenance, and the projected investment returns. In the heart of Dubai’s most mature waterfront community, the Lake Terrace Tower Dubai remains a standout in excellence in design, combining these elements.
Lake Terrace is a 40-storey residential tower, developed by DAMAC Properties in Jumeirah Lake Towers (JLT) Cluster D, overlooking Almas East Lake. It has studios, one-, two-, and three-bedroom apartments as well as a few duplex apartments. Its location within walking distance of DMCC Metro Station makes it a practical choice for professionals working across Dubai’s major business districts.
In addition to the building, residents enjoy all of Dubai’s “mixed-use bests” that make JLT one of the most desirable mixed-use communities in the city. Waterfront promenades, restaurants, a supermarket, health services, a fitness centre, and retail outlets are all within reach, so that residents can have an easy life without having to make a lot of use of cars.
Quick Facts About Lake Terrace Tower Dubai
| Feature | Details |
|---|---|
| Developer | DAMAC Properties |
| Community | Jumeirah Lake Towers (JLT) |
| Cluster | D |
| Building Type | Residential High-Rise |
| Height | 40 Storeys |
| Ownership | Freehold |
| Apartment Types | Studio, 1, 2 & 3-Bedroom Apartments, Duplexes |
| Nearby Metro | DMCC Metro Station |
| Main Road Access | Sheikh Zayed Road (E11) |
| Lake Views | Almas East Lake |
What Is Lake Terrace Tower Dubai?
Lake Terrace Tower Dubai is a high-end residential project situated in JLT Cluster D, a sought-after and popular cluster in Jumeirah Lake Towers.
The tower, one of the first residential projects by DAMAC Properties in JLT, is known for its curved design, turquoise and white facade and unique circular balconies that overlook the surrounding lake. It’s a blend of apartments for professionals, couples, families and property investors.
The building has proven to be a popular choice due to its connectivity and the well-established neighbourhood. JLT is built with extensive landscaping and mature retailing and amenities which are close to the new community and can be walked to.
Another factor contributing to its popularity is the balance between residential living and commercial activity. The residents have a vibrant and bustling lifestyle during the day, and the lakes, walkways and outdoor seating spaces lend a calm and serene ambiance to the property, which is very different from other high-density areas.
Location and Connectivity
One of the best aspects of living in Lake Terrace is its location.
Located adjacent to Almas East Lake in JLT Cluster D, the residents are easily connected to the business hubs, entertainment places and main transport routes. Both Sheikh Zayed Road and the nearby metro station offer easy travel and convenient access options for commuters and residents of Dubai.
| Nearby Destination | Accessibility |
|---|---|
| DMCC Metro Station | Walking distance |
| Dubai Marina | A few minutes by car |
| Jumeirah Beach Residence (JBR) | Nearby |
| Bluewaters Island | Easily accessible |
| Palm Jumeirah | Via Sheikh Zayed Road |
| Dubai Internet City | Nearby business district |
| Dubai Media City | Nearby business district |
This travel time will depend on the amount of traffic and type of travel.
Living in Jumeirah Lake Towers
The appeal of the community surrounding Lake Terrace plays an equally important role.
The two million square metre area of Jumeirah Lake Towers is divided into dozens of residential, commercial and mixed-use towers that surround lakes and landscaped open areas. The community has matured into one of Dubai’s walkable neighbourhoods, and provides residents with an ideal mix of urban convenience and outdoor living.
Access by walking is good for many residents, and the wide pedestrian pathways between residential buildings and cafés, restaurants, supermarkets, pharmacies and retail outlets enable them to carry out their daily activities without needing to use a car. The promenades along the lakeside are also nice places to jog, enjoy evening strolls and dine outside all year long.
This makes it a convenient place for those who work in other business districts like Dubai Internet City, Dubai Media City, DMCC and enjoy ease of access to other recreational centers like Dubai Marina and JBR Beach.
Apartment Types and Floor Plans
Lake Terrace is popular with a wide variety of residents since the apartments offer a variety of layouts.
Studio Apartments
The studio apartment is a favorite choice among young professionals and investors due to its practical and efficient layout that offers a space where they can live effectively. Typically feature an open area living room, fitted kitchen, bathroom, fitted wardrobes and balcony. Chosen apartments also have a view of the lake.
One-Bedroom Apartments
One-bedroom units are continuing to be one of the best-selling units of the building as well as on the resale market.
They are typically self-contained with comfortable living and sleeping spaces, have generous balconies and very practical layouts ideal for long-term living for singles and couples.
Two and Three-Bedroom Apartments
If you are a family or would like extra space for your home, then you should opt for larger apartments.
These homes generally feature larger bedrooms, an abundance of bathrooms, dining spaces and expansive balconies that face the lake or mountains. Some units are selected and will be offered as 2-family homes with even more inside.
Building Amenities
The reputation of a residential tower is subject to a lot of factors, including the quality of its facilities, its day-to-day management, etc.
Lake Terrace offers numerous amenities for its residents, including parks, greenways, splash pads, walking trails, and open spaces. The building features a temperature-controlled swimming pool, modern fitness centre, sauna, steam room, a jacuzzi, a kids’ play area, covered parking, high-speed elevators, CCTV monitoring, concierge, and 24/7 security. These facilities help to maintain the building’s popularity among tenants and owner-occupiers.
Why Residents Choose Lake Terrace
Despite JLT’s many towers, Lake Terrace remains an attractive parcel due to its accessibility and built-up infrastructure and lifestyle.
The residents are able to shop at supermarkets, go to Dubai’s metro stations, find pharmacies, cafés, and restaurants in minutes. The overall appeal of the building is enhanced by the more open views afforded by the apartments overlooking Almas East Lake, compared with more enclosed views found in many of the other adjoining buildings.
Another positive feature for investors is the ongoing occupancy of the building as a hotel and real estate, which means the building has a constant demand from working people who are interested in living close to the employment hubs in Dubai. There are still studios and one-bedroom and bigger family apartment listings, and there is definitely interest in them, with market prices, of course, depending on the level on the floor, furnishing, view, a nd condition of the apartment.
Transport and Accessibility
Excellent connections are one of the greatest benefits of residing in Lake Terrace Tower Dubai. The tower is within walking distance of DMCC Metro Station– Dubai Metro Red Line. It thus connects directly to important commercial areas, shopping centres and tourist spots throughout the city. For those who prefer the use of a car, quick access to Sheikh Zayed Road (E11), one of Dubai’s main roads, is also available.
Access to Jumeirah Lake Towers is made easy even for those without a car, as several RTA bus lines and taxis and ride-hailing services run throughout the area. There are also pedestrian bridges linking Dubai Marina and Dubai Marina Village.
Nearby Schools and Educational Institutions
Within a short drive of families living in Lake Terrace, there are a variety of schools and nurseries available. There are no schools within JLT itself; however, there are some well-known schools in the surrounding areas.
A popular choice here is Dubai British School Emirates Hills, Emirates International School Meadows, Regent International School or Arcadia School. JLT is also supported by a number of nurseries in surrounding residential neighbourhoods for younger children.
Parents are advised to check with the schools of their choice to confirm their plans are still in effect, as there may be changes to school admissions, curriculum and transport in the future.
Healthcare Facilities Nearby
One other advantage of the location is access to quality healthcare. There are several clinics and medical centres within JLT and larger hospitals nearby.
Medical facilities (Mediclinic Meadows, Emirates Hospital Day Surgery and Medical Center) and a number of specialist clinics are also located nearby within JLT and Dubai Marina. Surrounding retail areas also have convenient access to pharmacies, which are key to ensuring essential healthcare services continue to be easily accessible.
Shopping, Dining and Everyday Convenience
Lake Terrace is a convenience-oriented place to live, work, and play. Supermarkets, convenience stores, pharmacies, salons, laundromats,s and fitness centres are all within walking distance of the building.
Since then, JLT has grown into one of Dubai’s most eclectic food offerings, ranging from simple coffee houses to foreign restaurants. Dubai Marina Mall is located nearby for more shopping options, or Mall of the Emirates and Ibn Battuta Mall are both within reach by car and/or metro.
The lakeside promenades also provide a nice amenity for strolling by the lakeside for evening walks, dining, or weekend parties, making the surrounding neighbourhood popular among professionals and families.
Investment Potential
The city’s investment side is great about Lake Terrace because it is situated within one of the oldest freehold communities in Dubai.
Several advantages exist for residential property in JLT, with its close location to the main employment cities, the metro, its well-developed infrastructure and a wide mix of professional tenants and expatriate families. Thus, apartments in the tower remain in high demand among not only local but also foreign investors.
The price of apartments and their rental income may differ due to their size, floor level, condition, view and market conditions. Potential investors should be cautious to always look at the current transactions to get expert counsel before deciding to invest.
Buying vs Renting
This is often dependent on the specific needs of the person and their objectives.
Watching Dubai’s rental market may be attractive to buyers who intend to live in an apartment for years to come or investors who want to make money from renting out their property and capital gains. Ownership also offers increased freedom of choice when it comes to the interior design and long-term financial forecasting.
Renting, on the other hand, provides flexibility that is suitable for professionals who may have plans to relocate in the future or have lower upfront costs. Rental apartments in JLT’s active market are available in a variety of styles in both furnished and unfurnished varieties to accommodate various lifestyle requirements and budgets.
Advantages and Considerations
Each home has unique positive attributes and also considerations that future homebuyers need to take into account.
Advantages
- The center is located in an ideal position in Jumeirah Lake Towers.
- Within walking distance from DMCC Metro Station
- Designed by DAMAC Properties
- Freehold ownership
- A selection of different types of apartments.Diverse apartment layouts.
- Comprehensive resident amenities
- Community with lots of retail outlets
- Excellent connectivity with Dubai’s prime business centres.
Considerations
Many units have been recently renovated by the private owners and the views, as well as the standard of maintenance and interior furnishings, may vary in individual units. As such, the buyer is advised to do his/her own due diligence on the individual apartment, and not just the building. Furthermore, the rates for services and community fees as well as the market prices may vary over time, so please be sure to check the most current information prior to purchase.
Who Should Consider Living Here?
Residents make the best of the convenience of living in such a central area, with Lake Terrace known as an appealing place to live for its practical attributes.
There is excellent public transport and short commuting to professionals in neighbouring business districts. Couples enjoy the walkable community, waterfront community and abundance of restaurants, and families love the large apartments, schools and health care facilities nearby.
Having invested in the building, investors would find that its proximity to the metro, existing community facilities and the consistently strong demand from tenants make it a strong investment prospect for their Dubai property portfolio.
Conclusion
Lake Terrace Tower Dubai is one of the most famous residential projects in Jumeirah Lake Towers. The Town’s central location, established community, quality amenities, and convenient transportation continue to make it an attractive place to live and invest.
While more and more residential developments are flooding the Dubai property market, Lake Terrace gives residents everything they need to complete a comfortable lifestyle in a mature neighborhood. The tower’s waterfront walkways, multi-faceted restaurants, proximity to the metro and surrounding business districts offer a healthy balance for a wide range of buyers and tenants.
Before any apartment is bought or rented, prospective residents should check out the latest price of the property, service charges, building rules, and special apartment details from qualified real estate professionals or official sources.
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Frequently Asked Questions
Is Lake Terrace Tower Dubai a freehold property?
Yes. Situated in Jumeirah Lake Towers, a designated freehold community, Lake Terrace offers the opportunity for eligible buyers to invest in the purchase of residential property.
Who developed Lake Terrace Tower?
This building has been created by Dubai’s leading real estate developer DAMAC Properties.
What types of apartments are available?
The tower provides studio, one-bedroom, two-bedroom, and three-bedroom apartments as well as some duplex units.
Which metro station is closest?
Many people living in the area can walk from the station to Dubai Metro Station DMCC.
Does the building have parking?
Yes. Residents can make use of the covered parking, the number of which varies according to the apartment type.
Are pets allowed in Lake Terrace?
Pet policies apply to buildings per the building management rules and tenancy agreements and may change at any time. It is advisable for prospective tenants to confirm the most recent regulations before moving in.
Is Lake Terrace suitable for families?
Yes. It is ideal for many families because of the larger apartments, schools which are close by, healthcare and community amenities.
Is Lake Terrace a good investment?
Its location, rent demand, and metro connectivity make it appealing. But all investment decisions must be made based on the latest market information, the verification of the transaction, or expert financial advice.
What attractions are close to Lake Terrace?
Nearby attractions include Dubai Marina, Jumeirah Beach Residence (JBR), Bluewaters Island, Palm Jumeirah, and several shopping malls.
How can I verify apartment prices?
The best way to go would be to talk to real estate agencies licensed through the Dubai government and get hold of the transaction papers that demonstrate their history of buying and selling properties in the region, along with the official Dubai government property guides.
