Lake Terrace by DAMAC is a 40-storey residential tower in JLT Cluster D. The building overlooks Almas East Lake, offering beautiful views from its studio, 1, 2 and 3-bedroom apartments and duplexes. The tower has a striking look, with a turquoise and white façade and disc-style arrangement of balconies.
Jumeirah Lake Towers (JLT) is one of the most popular mixed-use areas in Dubai. It has 26 clusters, 78 high-rise towers and four man-made lakes. The community is situated between Sheikh Zayed Road and First Al Khail Street and offers easy access to important amenities. The other two high-rises in JLT Cluster D are Lake City Tower and Indigo Tower.
Lake Terrace JLT offers a good set of facilities, including covered parking, security and fitness options like a gymnasium, swimming pools, sauna and steam room. The commercial space on the ground floor includes restaurants, salons, laundry, a confectionery shop and a supermarket. For travelling, one can use multiple public transport options.
Facility/service | Availability |
---|---|
Parking | ✔️ |
Elevators | ✔️ |
Security Services | ✔️ |
Central Air Conditioning | ✔️ |
Maintenance Services | ✔️ |
Event Space | ❌ |
Gym and Fitness Facilities | ✔️ |
Swimming Pool | ✔️ |
Gardens | ❌ |
Children's Play Areas | ✔️ |
Sauna | ✔️ |
Jacuzzi | ✔️ |
Sports Courts | ❌ |
Barbecue Area | ❌ |
Concierge and Guest Services | ✔️ |
Pet-Friendly | ✔️ |
Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you’re interested in by browsing the Lake Terrace floor plans.
Unit Type | Number of Bathrooms | Apartment Size (Square Feet) | Details |
---|---|---|---|
Unit Type Studio |
Number of Bathrooms 1 |
Apartment Size (Square Feet) 470 - 570 |
Details Living Area, Kitchen, Bathroom |
Unit Type 1-BEDROOM |
Number of Bathrooms 1 - 2 |
Apartment Size (Square Feet) 718 - 900 |
Details One Bedroom, One to Two Bathrooms, Living Room, Balcony, Kitchen |
Unit Type 2-BEDROOM |
Number of Bathrooms 2 - 3 |
Apartment Size (Square Feet) 1,200 - 1,265 |
Details Two Bedrooms, Two to Three Bathrooms, Living/Dining Area, Kitchen, Balcony |
Unit Type 3-BEDROOM |
Number of Bathrooms 3 - 4 |
Apartment Size (Square Feet) 1,478 - 1,530 |
Details Three Bedrooms, Three to Four Bathrooms, Living/Dining Area, Kitchen, Spacious Balcony |
Lake Terrace Cluster D offers studio, 1, 2 and 3-bedroom apartments and duplexes.
Studio apartments in Lake Terrace Dubai have covered areas ranging from 470 sq. ft. to 570 sq. ft. These units include one bathroom, a kitchen and a balcony.
1-bedroom flats in Lake Terrace Tower Dubai have covered areas ranging from 718 sq. ft. to 900 sq. ft. These units include one or two bathrooms, a living/dining area, a kitchen and a balcony.
2-bedroom flats in Lake Terrace Tower JLT Dubai have covered areas from 1.200 sq. ft. to 1,250 sq. ft. These apartments include two or three bathrooms, a living/dining area, a kitchen and a large balcony.
3-bedroom units are the largest flats in Lake Terrace JLT. The covered areas are around 1,667 sq. ft. and include three or four bathrooms, a living/dining area, a kitchen and a large balcony.
According to Bayut, 1-bed apartments in Lake Terrace enjoy the highest popularity. They are followed by studio apartments in the second spot. 2-bedroom flats take up the third position on the list.
2-bedroom flats offer the highest ROI in Lake Terrace of 7.99%. Studio apartments generate about 7.95% return on investment. 1-bed apartments offer an ROI of about 6.59%.
General Fund | Price Per Sq. Ft. in AED |
---|---|
Services General upkeep of the building |
2.00 |
Maintenance General repairs and replacements |
4.15 |
Improvement Charge for the improvement or replacement of services or facilities provided |
0.66 |
Utilities Services Charges for using DEWA/district cooling facilities and meters |
5.52 |
Management Services Owner’s association charges for managing the property |
1.20 |
Insurance Charge for the insurance of the building |
0.53 |
Master Community Fees for communal facilities in the neighbourhood |
2.61 |
Income A credit or debit charge |
-0.09 |
Reserved Fund Funds used for major repairs and to help maintain the yearly service charges fees |
0.58 |
Total | 17.16 |
These are the service charges for Lake Terrace JLT* as per the Dubai Land Department. You can read more about service charges in Dubai if you are interested in buying a property in Dubai.
*Please note that these service charges are subject to change.
Residents can rely on public transportation near Lake Terrace Tower Dubai can as taxis, buses and metro are available.
The DMCC Metro Station Landside Bus Stop is the nearest option to use the Dubai bus service. One can get to it with a 4-minute walk and board bus JLT2.
One can head to DMCC Metro Station to travel by Dubai Metro. It is also about a 4-minute walk away.
Residents can dine at the following restaurants in Lake Terrace Tower JLT Dubai:
Along with these, various restaurants in JLT are also easily accessible. The nearest ones include:
All these restaurants near Lake Terrace JLT are within a 5-minute walk. One can enjoy a wide range of cuisines like American, Korean, Indian, Pakistani, Italian and Greek.
Night Mart is located on the ground floor offering a wide range of products. For more options, one can shop at these supermarkets in JLT:
All these supermarkets near Lake Terrace are less than 7 minutes away. Carrefour Market and Spinneys are counted among the top supermarkets in Dubai.
Kids Kare Nursery and Paddington Nursery are among the top nurseries in JLT.
Regent International School offers education to children aged between 3 and 18 years. It follows the National Curriculum of England and is considered one of the best British schools in Dubai.
All these buildings are located close to Lake Terrace JLT. They offer a wide variety of apartments for rent and sale.
Dubai Marina Mall offers a wide range of shopping, dining and entertainment options to visitors. It is counted among the top malls in Dubai and is about 13 minutes away.
Dubai Marina Walk offers picturesque views of the lake and is dotted with restaurants. It is located in Dubai Marina and is also reachable in 13 minutes.
Skydive Dubai is the place to go for a thrilling experience. It is counted among the top adventurous places in Dubai and offers world-class facilities. One can get to it in about 13 minutes.
Lake Terrace JLT offers an attractive residential option in a picturesque locality. Although living in JLT is a slightly expensive choice, Lake Terrace is one of its older buildings offering accommodation at reasonable prices.
The floor plans for Lake Terrace are available on the Bayut website.
Lake Terrace offers studio, 1, 2 and 3-bedroom apartments.