Studio Apartments for Sale in Lake Terrace

How many studio apartments are listed for sale in Lake Terrace?

On Bayut, the number of currently listed studio flats in Lake Terrace is 5.

How much do the prices of a studio apartment for sale vary in Lake Terrace?

As per the listings on Bayut, you can buy studio flats in Lake Terrace within a budget of AED 850,000 to AED 920,000.

How much do studio apartments cost on average in Lake Terrace?

According to the last 6 months' listings on Bayut, a studio flat for sale in Lake Terrace has an average asking price of around AED 860,952. These asking prices may vary depending on the property size, type, condition, etc.

Has the average asking sale price changed for studio flats in Lake Terrace?

The average asking price for studio apartments has witnessed a change of +1%. The change in price over the past 6 months can be due to the prevailing market conditions and new developments.

Which areas can be considered when exploring studio apartments near Lake Terrace?

You can explore the following areas to purchase a studio apartment near Lake Terrace:

• Jumeirah Beach Residence (JBR)
• Dubai Marina
• Jumeirah Islands

Are there any good schools near Lake Terrace?

If you are seeking top schools near Lake Terrace, here's what is recommended:

• Emirates International School Meadows
• Dubai British School, Jumeirah Park
• Dubai British School

Are there any nurseries close to Lake Terrace?

Here's what you can find among the top nurseries:

• Kids Kare Nursery, Dubai
• Rainbow Valley Nursery JLT
• Oakfield Early Learning Centre JLT

How much ROI do studio apartments in Lake Terrace generate?

Investors can earn up to 7.89% return on investment in Lake Terrace. The value of ROI can vary depending on the property's size, location, amenities nearby and changes in market dynamics. 

Which leading real estate agencies are there in Lake Terrace?

Agencies with the most listings of studio flats for sale include the following:

• Indigo Home Real Estate
• Aurantius Real Estate
• Allsopp & Allsopp - Motor City Sales 2

How many sale transactions were recorded for studio apartments in Lake Terrace?

As per DLD's data for the last 12 months, the total number recorded for studio apartments sold in Lake Terrace is 25.

What is the average cost of a studio apartment sold in Lake Terrace?

According to DLD’s transactional data, studio apartments in Lake Terrace have sold at an average price of AED 792,718. Prices may go above or below the average depending on the apartment’s size, type, and location.

Did prices for a studio apartment in Lake Terrace experience any changes?

The prices of studio apartments in Lake Terrace reflect a change of -1% over the past 6 months. The change can be attributed to the prevailing market conditions.