ReadyOff-plan building · Han Worldwide Enterprises
1 Lake Plaza, Al Thanyah Fifth
Highlights
1 Lake Plaza at a glance
About 1 Lake Plaza
1 Lake Plaza is a commercial building in Al Thanyah Fifth, Dubai, developed by Han Worldwide Enterprises. It holds about 349 units: commercial units.
21 units changed hands in the last 12 months, registered with the Dubai Land Department.
1 Lake Plaza is one of 133 buildings in Al Thanyah Fifth: 75 are complete and 27 are still being built.
In a nutshell
- A commercial off-plan building
- Located in Al Thanyah Fifth, Dubai
- Developed by Han Worldwide Enterprises
- Unit types: Commercial
- Sizes from 470 to 3,700 sq ft
- Service charge from AED 15.97 per sq ft
- DAMAC Properties metro station 0.3 km away
- Status
- Off-plan
- Developer
- Han Worldwide Enterprises
- Location
- Al Thanyah Fifth, Dubai
- Unit types
- Commercial
- Prices from
- AED 323.0K
- Service charge
- AED 15.97 per sq ft (2017)
- Nearest metro
- DAMAC Properties, 0.3 km
Building details
Inside 1 Lake Plaza
Properties in 1 Lake Plaza
Commercial units in 1 Lake Plaza
There are about 349 of these in 1 Lake Plaza, from 470 to 3,700 sq ft. They have recently sold for a median of AED 1.4M, or AED 1,300 per sq ft. Owners who resold made a median 1% over what they paid.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Commercial | 349 | 470 sqft43.7 sqmt – 3,700 sqft343.7 sqmt | AED 1.4M | – |
Service charges in 1 Lake Plaza
The 2017 service charge in 1 Lake Plaza is AED 15.97 per sq ft for commercial units, AED 15.97 per sq ft for offices, AED 15.97 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| Commercial (2017) | AED 15.97 | 470 sqft43.7 sqmt – 3,700 sqft343.7 sqmt | AED 7,506 – AED 59,089 |
| Offices (2017) | AED 15.97 | 470 sqft43.7 sqmt – 3,700 sqft343.7 sqmt | AED 7,506 – AED 59,089 |
| Retail (2017) | AED 15.97 | 470 sqft43.7 sqmt – 3,700 sqft343.7 sqmt | AED 7,506 – AED 59,089 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around 1 Lake Plaza
Transportation near 1 Lake Plaza
The nearest Dubai Metro station from 1 Lake Plaza is DAMAC Properties (red line, 0.3 km, about 4 min walk), then Nakheel (red line, 1.4 km, about 5 min drive). Stations planned on new lines nearby include Dubai Marina (orange line, 0.4 km, about 5 min walk) and Dubai Marina Mall (orange line, 0.9 km, about 11 min walk).
- DAMAC PropertiesRed line · 0.3 km · about 4 min walk
- Dubai MarinaOrange line · 0.4 km · about 5 min walk
- Dubai Marina MallOrange line · 0.9 km · about 11 min walk
- Marina TowersOrange line · 0.9 km · about 11 min walk
- Jumeirah Beach Residence 1Orange line · 1.2 km · about 14 min walk
- Mina SeyahiOrange line · 1.3 km · about 5 min drive
Shopping and groceries near 1 Lake Plaza
The closest is Marina Walk, 0.7 km from 1 Lake Plaza (about 8 min walk).
- Marina WalkShopping Mall · 0.7 km · about 8 min walk
- Spinneys / Emaar Towers, Dubai MarinaSupermarket · 0.8 km · about 10 min walk
- Dubai Marina MallShopping Mall · 1 km · about 12 min walk
- Wafi MallShopping Mall · 1.1 km · about 13 min walk
- Marina MallShopping Mall · 1.1 km · about 13 min walk
Restaurants and hotels near 1 Lake Plaza
The closest is Radisson Blu Residence, Dubai Marina, 0.7 km from 1 Lake Plaza (about 8 min walk).
- Radisson Blu Residence, Dubai MarinaHotel · 0.7 km · about 8 min walk
- The Address Dubai MarinaHotel · 0.7 km · about 8 min walk
- Bonnington Jumeirah Lakes TowersHotel · 0.9 km · about 11 min walk
- Gloria HotelHotel · 1 km · about 12 min walk
- Grosvenor House, DubaiHotel · 1 km · about 12 min walk
Hospitals and clinics near 1 Lake Plaza
The closest is Armada Medical Centre, 0.7 km from 1 Lake Plaza (about 8 min walk).
- Armada Medical CentreHospital · 0.7 km · about 8 min walk
- Dr Marc Mueller VIP ClinicHospital · 1 km · about 12 min walk
- Cosmesurge & Emirates HospitalHospital · 1.2 km · about 14 min walk
- Eternity Medicine Institute DubaiHospital · 2.1 km · about 6 min drive
- Eternity Medicine InstituteHospital · 2.5 km · about 7 min drive
Parks and leisure near 1 Lake Plaza
The closest is JBR Beach, 1.6 km from 1 Lake Plaza (about 5 min drive).
- JBR BeachPark · 1.6 km · about 5 min drive
Schools near 1 Lake Plaza
The nearest is EMIRATES INTERNATIONAL SCHOOL MEADOWS, 1.7 km away. Ratings are the KHDA's latest inspection grades.
- EMIRATES INTERNATIONAL SCHOOL MEADOWSInternational Baccalaureate - International Baccalaureate (1 · KHDA: Very good · 1.7 km
- Regent International Private School L.L.CUK · KHDA: Very good · 2.6 km
- Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 2.7 km
- Dubai International Academy L.L.CInternational Baccalaureate - International Baccalaureate (1 · KHDA: Outstanding · 2.9 km
- Dubai British SchoolUK · KHDA: Outstanding · 3.3 km
- The International School of ChoueifatSABIS (UK/US) · KHDA: Acceptable · 3.8 km
Other buildings in Al Thanyah Fifth
Al Thanyah Fifth has 133 buildings. A few others to compare 1 Lake Plaza with:
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Al Waleed Paradise
Al Thanyah Fifth · Al Waleed
- Ready
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Things to consider about 1 Lake Plaza
In its favour
- DAMAC Properties metro station is within walking distance.
- An active resale market: 21 sales in the last year make it easier to price and to sell.
- Owners who resold have made money: a median gain of up to 1%.
- Several schools within 3 km.
Worth checking
- Still being built: the handover date can move, and the price is paid in stages before you get the keys.
Specialists
Brokers who know 1 Lake Plaza
These brokers handle sales and lettings in 1 Lake Plaza and can tell you what is available now.
Rano Zafarovna Zakhriddinova
Property Advisor
Anjelika Nazarmetova
Senior Property Advisor
Estera Patrycja Kowalska
Property Advisor
Mishel Wehbe
Associate Director
Jean Selwan
Property Advisor
Abdullatif Husamo
Property Advisor
Edita Hortova
Senior Property Advisor
FAQs
1 Lake Plaza: questions answered
Buying, selling or renting in 1 Lake Plaza?
A broker who works Al Thanyah Fifth will tell you what is available and what comparable homes went for.