What is the payment plan?

Lake Terrace in Jumeirah Lake Towers offers a flexible payment plan designed to suit both end-users and investors. Typically this includes a down payment on booking, installments during construction, and the remaining balance on handover. Contact us for the detailed payment schedule.

Is this eligible for Golden Visa?

Yes, purchasing a property valued at AED 2 million or above qualifies for the UAE Golden Visa, granting a 10-year renewable residency. Our team can guide you through the application process.

What are the estimated service charges?

Service charges vary by unit type and size, typically ranging from AED 12-18 per sq.ft annually. These cover maintenance of common areas, facilities, security, and building management.

Can I rent out my unit?

Absolutely. Owners are free to rent out their units either on a long-term or short-term basis. The area offers strong rental yields, making it an excellent investment opportunity.

What is the expected handover date?

Please contact our team for the latest handover timeline and construction updates.

Pet policies are determined by the building management and community guidelines. Many developments in Dubai are pet-friendly with designated areas. We recommend confirming specific pet policies with the developer.

What are the nearby schools?

The area is well-served by reputable schools and nurseries within a short driving distance. Our team can provide a detailed list of nearby educational institutions based on your preferences.

Is there a mortgage option available?

Yes, mortgage financing is available through major UAE banks for both residents and non-residents. Typical loan-to-value ratios range from 50-80% depending on residency status. We can connect you with our banking partners for pre-approval.

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enums.readyToMove

by Damac Properties

Lake Terrace in Jumeirah Lake Towers

Name: Lake Terrace in Jumeirah Lake Towers
Creator: Damac Properties

JLT, Dubai, UAE

Price on request

Developer

Damac Properties

Status

Ready to Move In

About the Project

Project Overview

Studio, 1, 2 & 3 Bedroom Apartment Located at JLT Developed by Damac Properties

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Why This Project

Key Highlights

Studio, 1, 2 & 3 Bedroom Apartment

Located at JLT

Developed by Damac Properties

Media

Gallery

Location & Nearby

Lake Terrace Location Map Lake Terrace by Damac Properties boasts a prime location in Jumeirah Lake Towers, making it an ideal destination of choice for residents. Situated close to key arterial roads, the tower offers easy access to various parts of the city, ensuring convenient travel without major inconvenience. Here are some nearby places and their approximate travel times from Lake Terrace: 05 minutes – DMCC Metro Station: This proximity provides convenient access to public transportation, facilitating easy commutes within Dubai. 07 minutes – Emirates Golf Club: Residents can quickly reach this prestigious golf club for leisure activities and events. 14 minutes – Jebel Ali Village: Close proximity to this area offers access to residential communities and amenities. 11 minutes – Dubai Marina Mall: A popular shopping and dining destination in Dubai Marina, providing a range of entertainment options. 25 minutes – Dubai International Airport: This proximity ensures convenient access for travelers, minimizing commute times to and from the airport. Register Your Interest

Dubai Marina Mall

5 min walk

JBR Beach

8 min walk

Metro Station

3 min walk

Dubai Airport

25 min drive

Palm Jumeirah

10 min drive

Marina Walk

2 min walk

Investment Highlights

7-9%

Est. Rental Yield

Annual ROI

12-15%

Capital Growth

Year-on-Year

90%+

Occupancy Rate

Area Average

Prime waterfront location

High rental demand area

Golden Visa eligible

Tax-free returns

Strong capital appreciation

World-class amenities

LIFESTYLE

Amenities & Facilities

Swimming Pool

Gymnasium

Kids Play Area

Concierge Service

Parking

24/7 Security

Spa & Sauna

BBQ Area

Jogging Track

Retail Outlets

Landscaped Gardens

Smart Home Features

Common Questions

Frequently Asked Questions

Developer

About the Developer

Damac Properties

Damac Properties is a leading real estate developer in the UAE, known for delivering iconic residential and commercial projects across prime locations in Dubai.

View Developer Profile

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