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Ready building · Fakhruddin

Lake Central, Business Bay

Highlights

Lake Central at a glance

About Lake Central

Lake Central is a commercial building in Business Bay, Dubai, developed by Fakhruddin. It holds about 195 units: commercial units. Depending on the unit, windows look out over Community.

The building was completed in 2012 and has been in use for about 14 years. 5 units changed hands in the last 12 months, registered with the Dubai Land Department.

Lake Central is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

In a nutshell

  • A commercial ready building
  • Located in Business Bay, Dubai
  • Developed by Fakhruddin
  • Completed in Q1 2012
  • Unit types: Commercial
  • Sizes from 530 to 6,420 sq ft
  • Views: Community
  • Service charge from AED 11.7 per sq ft
  • Business Bay metro station 1.4 km away
Status
Ready
Developer
Fakhruddin
Location
Business Bay, Dubai
Completed
Q1 2012
Unit types
Commercial
Prices from
AED 300.0K
Service charge
AED 14 per sq ft (2026)
Nearest metro
Burj Khalifa Road, 0.4 km

Photos of Lake Central

Building details

Inside Lake Central

Properties in Lake Central

Commercial units in Lake Central

There are about 195 of these in Lake Central, from 530 to 6,420 sq ft. They have recently sold for a median of AED 2.6M, or AED 2,270 per sq ft. Owners who resold made a median 49% over what they paid.

Unit types in Lake Central with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Commercial195530 sqft49.2 sqmt – 6,420 sqft596.4 sqmtAED 2.6M–

Service charges in Lake Central

The 2026 service charge in Lake Central is AED 14 per sq ft for commercial units, AED 14 per sq ft for offices, AED 11.7 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. Each parking space adds about AED 835 a year.

Service charges in Lake Central
Unit typeRate per sq ftSizeYearly charge
Commercial (2026)AED 14530 sqft49.2 sqmt – 6,420 sqft596.4 sqmtAED 7,420 – AED 89,880
Offices (2026)AED 14530 sqft49.2 sqmt – 6,420 sqft596.4 sqmtAED 7,420 – AED 89,880
Retail (2026)AED 11.7530 sqft49.2 sqmt – 6,420 sqft596.4 sqmtAED 6,201 – AED 75,114

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

Available now

Properties for sale and rent in Lake Central

Units in Lake Central listed with fäm right now. Each listing has its own photos, price and the broker handling it.

Nearby amenities

Around Lake Central

Transportation near Lake Central

The nearest Dubai Metro station from Lake Central is Business Bay (red line, 1.4 km, about 5 min drive), then Burj Khalifa/Dubai Mall (red line, 1.7 km, about 5 min drive). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 0.4 km, about 5 min walk) and Business Bay Interchange (golden line, 1.4 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

  • Burj Khalifa RoadGolden line · 0.4 km · about 5 min walk
  • Business Bay InterchangeGolden line · 1.4 km · about 5 min drive
  • District 1 near High Speed Rail lineGolden line · 1.4 km · about 5 min drive
  • Business BayRed line · 1.4 km · about 5 min drive
  • Burj Khalifa/Dubai MallRed line · 1.7 km · about 5 min drive
  • City WalkGolden line · 2.7 km · about 7 min drive

Shopping and groceries near Lake Central

The closest is Spinneys / south bridge downtowne Dubai, 0.5 km from Lake Central (about 6 min walk).

  • Spinneys / south bridge downtowne DubaiSupermarket · 0.5 km · about 6 min walk
  • Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 0.6 km · about 7 min walk
  • Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 0.8 km · about 10 min walk
  • Spinneys / The Executive TowersSupermarket · 0.9 km · about 11 min walk
  • Bay AvenueShopping Mall · 0.9 km · about 11 min walk

Restaurants and hotels near Lake Central

The closest is Vida Hotels and Resorts, 0.5 km from Lake Central (about 6 min walk).

  • Vida Hotels and ResortsHotel · 0.5 km · about 6 min walk
  • Maward RestaurantRestaurant · 0.6 km · about 7 min walk
  • Al Manzil HotelHotel · 0.7 km · about 8 min walk
  • Qamardeen HotelHotel · 0.9 km · about 11 min walk
  • Oberoi HotelHotel · 0.9 km · about 11 min walk

Hospitals and clinics near Lake Central

The closest is Al Amal Hospital, 2.5 km from Lake Central (about 7 min drive).

  • Al Amal HospitalHospital · 2.5 km · about 7 min drive
  • Medcare HospitalHospital · 3.1 km · about 8 min drive
  • Emirates HospitalHospital · 3.8 km · about 10 min drive
  • Internationl Medical CenterHospital · 3.8 km · about 10 min drive
  • Emirates International HospitalHospital · 4.5 km · about 11 min drive

Parks and leisure near Lake Central

The closest is Dubai Bowling Centre, 2.1 km from Lake Central (about 6 min drive).

  • Dubai Bowling CentreSports Academy · 2.1 km · about 6 min drive
  • Al Quoz Pond ParkPark · 2.5 km · about 7 min drive
  • Safa ParkPark · 2.7 km · about 7 min drive
  • Jumeirah Beach ParkPark · 4 km · about 10 min drive
  • Falcon Heritage and Sports CentreSports Academy · 4.1 km · about 10 min drive

Schools near Lake Central

The nearest is Japanese School, 2 km away. Ratings are the KHDA's latest inspection grades.

  • Japanese SchoolJapanese · KHDA: Good · 2 km
  • Global Indian International School L.L.CIndian · KHDA: Good · 2 km
  • GEMS Our Own Indian SchoolIndian · KHDA: Very good · 2 km
  • Dubai International Private School - BrAmerican · KHDA: Good · 2.1 km
  • Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 2.1 km
  • JSS Private School L.L.CIndian · KHDA: Very good · 2.1 km

Other buildings in Business Bay

Business Bay has 257 buildings. A few others to compare Lake Central with:

All 257 Business Bay buildings →

Things to consider about Lake Central

In its favour

  • Owners who resold have made money: a median gain of up to 49%.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • Completed 14 years ago: ask about maintenance and any planned refurbishment.
  • The nearest running metro station is 1.4 km away, so a car helps.

Specialists

Brokers who know Lake Central

These brokers handle sales and lettings in Lake Central and can tell you what is available now.

FAQs

Lake Central: questions answered

Lake Central was developed by Fakhruddin in Business Bay.

Lake Central is completed in Q1 2012.

The 2026 service charge for residential units in Lake Central is AED 14 per sq ft a year, as registered with the Dubai Land Department.

Lake Central has Commercial (530 to 6,420 sq ft).

Burj Khalifa Road is about 0.4 km from Lake Central.

The nearest schools include Japanese School (2 km), Global Indian International School L.L.C (2 km), GEMS Our Own Indian School (2 km).

Buying, selling or renting in Lake Central?

A broker who works Business Bay will tell you what is available and what comparable homes went for.

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