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Off-plan building · Dmcc

Green Lakes S1, Al Thanyah Fifth

Highlights

Green Lakes S1 at a glance

About Green Lakes S1

Green Lakes S1 is a mixed-use building in Al Thanyah Fifth, Dubai, developed by Dmcc. It holds about 251 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.

14 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,539 per sq ft.

Green Lakes S1 is one of 133 buildings in Al Thanyah Fifth: 75 are complete and 27 are still being built.

In a nutshell

  • A mixed-use off-plan building
  • Located in Al Thanyah Fifth, Dubai
  • Developed by Dmcc
  • Unit types: 1 Bed, 2 Beds, 3 Beds, Commercial
  • Sizes from 940 to 3,150 sq ft
  • Views: Community
  • Service charge from AED 18.21 per sq ft
  • DAMAC Properties metro station 0.2 km away
Status
Off-plan
Developer
Dmcc
Location
Al Thanyah Fifth, Dubai
Unit types
1 Bed, 2 Beds, 3 Beds, Commercial
Prices from
AED 603.0K
Median price per sq ft
AED 1,539
Median gross yield
6.3%
Service charge
AED 20.76 per sq ft (2026)
Nearest metro
DAMAC Properties, 0.2 km

Building details

Inside Green Lakes S1

Properties in Green Lakes S1

1-bedroom apartments in Green Lakes S1

There are about 108 of these in Green Lakes S1, from 980 to 990 sq ft. They have recently sold for a median of AED 1.5M, or AED 1,520 per sq ft.

2-bedroom apartments in Green Lakes S1

There are about 120 of these in Green Lakes S1, from 1,030 to 1,790 sq ft. They have recently sold for a median of AED 2.6M, or AED 1,540 per sq ft. Owners who resold made a median 9% over what they paid.

3-bedroom apartments in Green Lakes S1

There are about 16 of these in Green Lakes S1, from 2,150 to 3,150 sq ft. They have recently sold for a median of AED 3.7M, or AED 1,720 per sq ft.

Commercial units in Green Lakes S1

There are about 7 of these in Green Lakes S1, from 940 to 2,050 sq ft. None has sold recently enough to quote a price.

Unit types in Green Lakes S1 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed108980 sqft91 sqmt – 990 sqft92 sqmtAED 1.5MAED 95K
2 Beds1201,030 sqft95.7 sqmt – 1,790 sqft166.3 sqmtAED 2.6MAED 137.5K
3 Beds162,150 sqft199.7 sqmt – 3,150 sqft292.6 sqmtAED 3.7MAED 220K
Commercial7940 sqft87.3 sqmt – 2,050 sqft190.5 sqmtNo recent sales–

Recent transactions in Green Lakes S1

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 2.4M

    AED 1,448 /sqftAED 15,586 /sqmt

    ReadyApartment
    1,657 sqft153.9 sqmt2 BedsOwner15 Sept 2026

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 1.4M

    AED 1,399 /sqftAED 15,059 /sqmt

    ReadyApartment
    979 sqft91 sqmt1 BedOwner27 Aug 2026

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 1.2M

    AED 1,212 /sqftAED 13,046 /sqmt

    ReadyApartment
    990 sqft92 sqmt1 BedOwner22 Jul 2026

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 1.5M

    AED 1,481 /sqftAED 15,941 /sqmt

    ReadyApartment
    979 sqft91 sqmt1 BedOwner9 Jul 2026

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 1.5M

    AED 1,520 /sqftAED 16,361 /sqmt

    ReadyApartment
    980 sqft91 sqmt1 BedOwner26 Feb 2026

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 1.6M

    AED 1,583 /sqftAED 17,039 /sqmt

    ReadyApartment
    979 sqft91 sqmt1 BedOwner17 Feb 2026

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 2.6M

    AED 1,581 /sqftAED 17,018 /sqmt

    ReadyApartment
    1,657 sqft153.9 sqmt2 BedsOwner11 Feb 2026

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 2M

    AED 1,248 /sqftAED 13,433 /sqmt

    ReadyApartment
    1,603 sqft148.9 sqmt2 BedsOwner10 Feb 2026

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 1.5M

    AED 1,540 /sqftAED 16,576 /sqmt

    ReadyApartment
    990 sqft92 sqmt1 BedOwner2 Feb 2026

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 2.8M

    AED 1,660 /sqftAED 17,868 /sqmt

    ReadyApartment
    1,657 sqft153.9 sqmt2 BedsOwner29 Jan 2026

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 2.6M

    AED 1,539 /sqftAED 16,566 /sqmt

    ReadyApartment
    1,657 sqft153.9 sqmt2 BedsOwner29 Jan 2026

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 1.5M

    AED 1,515 /sqftAED 16,307 /sqmt

    ReadyApartment
    990 sqft92 sqmt1 BedOwner23 Jan 2026

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 1.5M

    AED 1,532 /sqftAED 16,490 /sqmt

    ReadyApartment
    979 sqft91 sqmt1 BedOwner8 Dec 2025

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 3.7M

    AED 1,722 /sqftAED 18,535 /sqmt

    ReadyApartment
    2,149 sqft199.6 sqmt3 BedsOwner13 Nov 2025

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 1.5M

    AED 1,535 /sqftAED 16,523 /sqmt

    ReadyApartment
    990 sqft92 sqmt1 BedOwner31 Oct 2025

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 1.6M

    AED 1,566 /sqftAED 16,856 /sqmt

    ReadyApartment
    990 sqft92 sqmt1 BedOwner9 Oct 2025

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 2.6M

    AED 1,539 /sqftAED 16,566 /sqmt

    ReadyApartment
    1,657 sqft153.9 sqmt2 BedsOwner30 Sept 2025

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 2.7M

    AED 1,674 /sqftAED 18,019 /sqmt

    ReadyApartment
    1,613 sqft149.9 sqmt2 BedsOwner12 Sept 2025

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 2.6M

    AED 1,584 /sqftAED 17,050 /sqmt

    ReadyApartment
    1,657 sqft153.9 sqmt2 BedsOwner28 Aug 2025

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 2.6M

    AED 1,569 /sqftAED 16,889 /sqmt

    ReadyApartment
    1,657 sqft153.9 sqmt2 BedsOwner25 Aug 2025

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 140K/yr

    ApartmentNew contract
    1,613 sqft149.9 sqmt2 Bedsto

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 100K/yr

    ApartmentNew contract
    980 sqft91 sqmt1 Bedto

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 75K/yr

    ApartmentRenewal
    979 sqft91 sqmt1 Bedto

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 75K/yr

    ApartmentRenewal
    979 sqft91 sqmt1 Bedto

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 92K/yr

    ApartmentRenewal
    990 sqft92 sqmt1 Bedto

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 220K/yr

    ApartmentNew contract
    2,624 sqft243.8 sqmt3 Bedsto

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 95K/yr

    ApartmentNew contract
    988 sqft91.8 sqmt1 Bedto

  • Green Lakes S1

    Jumeirah Lake Towers

    AED 135K/yr

    ApartmentNew contract
    1,612 sqft149.8 sqmt2 Bedsto

Every sale in Green Lakes S1Every rent contract in Green Lakes S1

Service charges in Green Lakes S1

The 2026 service charge in Green Lakes S1 is AED 20.76 per sq ft for homes, AED 18.21 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.

Service charges in Green Lakes S1
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2026)AED 20.76980 sqft91 sqmt – 990 sqft92 sqmtAED 20,345 – AED 20,552
2 Beds Apartment (2026)AED 20.761,030 sqft95.7 sqmt – 1,790 sqft166.3 sqmtAED 21,383 – AED 37,160
3 Beds Apartment (2026)AED 20.762,150 sqft199.7 sqmt – 3,150 sqft292.6 sqmtAED 44,634 – AED 65,394
Retail (2026)AED 18.21940 sqft87.3 sqmt – 2,050 sqft190.5 sqmtAED 17,117 – AED 37,331

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Green Lakes S1

Transportation near Green Lakes S1

The nearest Dubai Metro station from Green Lakes S1 is DAMAC Properties (red line, 0.2 km, about 2 min walk), then Jumeirah Lake Towers (red line, 1.2 km, about 14 min walk). Stations planned on new lines nearby include Dubai Marina (orange line, 0.3 km, about 4 min walk) and Dubai Marina Mall (orange line, 0.6 km, about 7 min walk).

  • DAMAC PropertiesRed line · 0.2 km · about 2 min walk
  • Dubai MarinaOrange line · 0.3 km · about 4 min walk
  • Dubai Marina MallOrange line · 0.6 km · about 7 min walk
  • Marina TowersOrange line · 1 km · about 12 min walk
  • Jumeirah Beach Residence 1Orange line · 1 km · about 12 min walk
  • Jumeirah Lake TowersRed line · 1.2 km · about 14 min walk

Shopping and groceries near Green Lakes S1

The closest is Marina Walk, 0.7 km from Green Lakes S1 (about 8 min walk).

  • Marina WalkShopping Mall · 0.7 km · about 8 min walk
  • Dubai Marina MallShopping Mall · 0.8 km · about 10 min walk
  • Wafi MallShopping Mall · 0.8 km · about 10 min walk
  • Marina MallShopping Mall · 0.8 km · about 10 min walk
  • Spinneys / Emaar Towers, Dubai MarinaSupermarket · 0.9 km · about 11 min walk

Restaurants and hotels near Green Lakes S1

The closest is Radisson Blu Residence, Dubai Marina, 0.5 km from Green Lakes S1 (about 6 min walk).

  • Radisson Blu Residence, Dubai MarinaHotel · 0.5 km · about 6 min walk
  • The Address Dubai MarinaHotel · 0.6 km · about 7 min walk
  • Bonnington Jumeirah Lakes TowersHotel · 0.6 km · about 7 min walk
  • Grosvenor House, DubaiHotel · 0.9 km · about 11 min walk
  • Suha Hotel ApartmentsHotel · 0.9 km · about 11 min walk

Hospitals and clinics near Green Lakes S1

The closest is Armada Medical Centre, 0.5 km from Green Lakes S1 (about 6 min walk).

  • Armada Medical CentreHospital · 0.5 km · about 6 min walk
  • Dr Marc Mueller VIP ClinicHospital · 0.9 km · about 11 min walk
  • Cosmesurge & Emirates HospitalHospital · 1.1 km · about 13 min walk
  • Eternity Medicine Institute DubaiHospital · 1.8 km · about 6 min drive
  • Eternity Medicine InstituteHospital · 2.3 km · about 7 min drive

Parks and leisure near Green Lakes S1

The closest is JBR Beach, 1.3 km from Green Lakes S1 (about 5 min drive).

  • JBR BeachPark · 1.3 km · about 5 min drive

Schools near Green Lakes S1

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 · 2.8 km
  • Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 2.9 km
  • Dubai International Academy L.L.CInternational Baccalaureate - International Baccalaureate (1 · KHDA: Outstanding · 3.1 km
  • Dubai British SchoolUK · KHDA: Outstanding · 3.4 km
  • The International School of ChoueifatSABIS (UK/US) · KHDA: Acceptable · 4 km

Other buildings in Al Thanyah Fifth

Al Thanyah Fifth has 133 buildings. A few others to compare Green Lakes S1 with:

All 133 Al Thanyah Fifth buildings →

Things to consider about Green Lakes S1

In its favour

  • DAMAC Properties metro station is within walking distance.
  • Owners who resold have made money: a median gain of up to 9%.
  • A median gross yield of 6.3% on recent sales.
  • Several schools within 3 km.

Worth checking

  • Service charges of up to AED 20.76 per sq ft are on the higher side for Dubai.
  • Still being built: the handover date can move, and the price is paid in stages before you get the keys.

Specialists

Brokers who know Green Lakes S1

These brokers handle sales and lettings in Green Lakes S1 and can tell you what is available now.

FAQs

Green Lakes S1: questions answered

Green Lakes S1 was developed by Dmcc in Al Thanyah Fifth.

Across its 20 most recent registered sales, Green Lakes S1 sold for a median of AED 1,539 per sq ft and AED 1.8M per unit.

Recent yearly contracts in Green Lakes S1 have a median rent of AED 117.5K.

The median gross yield on recently sold units in Green Lakes S1 is 6.3%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Green Lakes S1 is AED 20.76 per sq ft a year, as registered with the Dubai Land Department.

Green Lakes S1 has 1 Bed (980 to 990 sq ft), 2 Beds (1,030 to 1,790 sq ft), 3 Beds (2,150 to 3,150 sq ft), Commercial (940 to 2,050 sq ft).

DAMAC Properties is about 0.2 km from Green Lakes S1.

The nearest schools include EMIRATES INTERNATIONAL SCHOOL MEADOWS (1.7 km), Regent International Private School L.L.C (2.8 km), Icademy Middle East Fz.Llc (2.9 km).

Buying, selling or renting in Green Lakes S1?

A broker who works Al Thanyah Fifth will tell you what is available and what comparable homes went for.

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