Sold Prices · DLD Data
Lake Central
Business Bay, Dubai
AED 2,411
Avg Price / sqft
AED 3.1M
Avg Sale Price
3
DLD Sales Recorded
4.7%
Est. Gross Yield
Market snapshot
Lake Central — the numbers
Lake Central is a residential building in Business Bay, Dubai. Dubai Land Department records show 3 sales in the building, at an average price of AED 3.1M — around AED 2,411 per square foot.
Since February 2026, 3 sales completed in Lake Central, with the average price per square foot moving from AED 2,269 to AED 2,087 (-8%). That softening can open negotiating room for buyers.
Benchmarked against average residential rents in Business Bay, a typical unit in Lake Central returns an estimated 4.7% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.
Figures are from Dubai Land Department transaction records for Lake Central; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.
Price trend
Price trend in Lake Central
Average sale price per sqft by month since February 2026-8%
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 27 Sept 2026 | Sales | - | 1,126 | AED 2.4M | AED 2,087 |
| 22 May 2026 | Sales | - | 1,129 | AED 3.3M | AED 2,878 |
| 11 Feb 2026 | Sales | - | 1,697 | AED 3.9M | AED 2,269 |
About the area
Lake Central is in Business Bay
Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.
Explore the Business Bay area guideNearby
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FAQ
Lake Central: frequently asked questions
What is the average price in Lake Central?
The average recorded sale price in Lake Central, Business Bay is AED 3.1M, around AED 2,411 per square foot, based on Dubai Land Department transaction data.
Are prices in Lake Central going up or down?
Average sale prices in Lake Central have eased -8% per square foot since February 2026, across 3 DLD-recorded sales.
What rental yield can I expect in Lake Central?
Based on average Business Bay residential rents against sale prices in the building, a typical unit in Lake Central yields roughly 4.7% gross per year, before service charges and fees.
How many properties have sold in Lake Central?
3 sales have been recorded in Lake Central according to DLD data.
Considering Lake Central?
Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.