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Ready building · Union Properties

Lake Apartment, Dubai Investment Park First

Highlights

Lake Apartment at a glance

About Lake Apartment

Lake Apartment is a residential building in Dubai Investment Park First, Dubai, developed by Union Properties. It holds about 52 units: studios, 1-bedroom apartments, 2-bedroom apartments.

The building was completed in 2018 and has been in use for about 8 years. 2 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 872 per sq ft.

Lake Apartment is one of 82 buildings in Dubai Investment Park First: 19 are complete and 29 are still being built.

In a nutshell

  • A residential ready building
  • Located in Dubai Investment Park First, Dubai
  • Developed by Union Properties
  • Completed in Q4 2018
  • Unit types: Studio, 1 Bed, 2 Beds
  • Sizes from 460 to 2,950 sq ft
  • Service charge from AED 22.35 per sq ft
  • Dubai Investment Park metro station 0.8 km away
Статус
Готово
Девелопер
Union Properties
Местоположение
Dubai Investment Park First, Dubai
Завершено
Q4 2018
Типы объектов
Studio, 1 Bed, 2 Beds
Prices from
AED 275.0K
Медианная цена за sq ft
AED 872
Median gross yield
7.3%
Сервисный сбор
AED 22.35 per sq ft (2018)
Nearest metro
Dubai Investment Park, 0.8 km

Building details

Inside Lake Apartment

Properties in Lake Apartment

Studios in Lake Apartment

There are about 12 of these in Lake Apartment, from 460 to 550 sq ft. They have recently sold for a median of AED 495.0K, or AED 1,040 per sq ft. Owners who resold made a median 16% over what they paid.

1-bedroom apartments in Lake Apartment

There are about 16 of these in Lake Apartment, from 880 to 980 sq ft. None has sold recently enough to quote a price.

2-bedroom apartments in Lake Apartment

There are about 24 of these in Lake Apartment, from 1,590 to 2,950 sq ft. None has sold recently enough to quote a price.

Unit types in Lake Apartment with sizes, median prices and rents
Тип объектаОбъектыПлощадьМедианная ценаMedian rent
Студия12460 sqft42.7 sqmt – 550 sqft51.1 sqmtAED 495K–
1 Bed16880 sqft81.8 sqmt – 980 sqft91 sqmtНедавних продаж нет–
2 Beds241,590 sqft147.7 sqmt – 2,950 sqft274.1 sqmtНедавних продаж нетAED 160K

Recent transactions in Lake Apartment

  • Lake Apartment

    Green Community

    AED 470K

    AED 933 /sqftAED 10,043 /sqmt

    ГотовоКвартира
    504 sqft46.8 sqmtСтудияВладелец3 Jul 2026
  • Lake Apartment

    Green Community

    AED 520K

    AED 1,138 /sqftAED 12,249 /sqmt

    ГотовоКвартира
    457 sqft42.5 sqmtСтудияВладелец24 Jun 2026
  • Lake Apartment

    Green Community

    AED 840K

    AED 868 /sqftAED 9,343 /sqmt

    ГотовоКвартира
    968 sqft89.9 sqmt1 BedВладелец3 Nov 2025
  • Lake Apartment

    Green Community

    AED 980K

    AED 1,012 /sqftAED 10,893 /sqmt

    ГотовоКвартира
    968 sqft89.9 sqmt1 BedВладелец20 Aug 2025
  • Lake Apartment

    Green Community

    AED 1.5M

    AED 893 /sqftAED 9,612 /sqmt

    ГотовоКвартира
    1,679 sqft156 sqmt2 BedsВладелец5 Aug 2025
  • Lake Apartment

    Green Community

    AED 1.5M

    AED 945 /sqftAED 10,172 /sqmt

    ГотовоКвартира
    1,598 sqft148.5 sqmt2 BedsВладелец28 Jul 2025
  • Lake Apartment

    Green Community

    AED 1.4M

    AED 825 /sqftAED 8,880 /sqmt

    ГотовоКвартира
    1,697 sqft157.7 sqmt2 BedsВладелец23 Jul 2025
  • Lake Apartment

    Green Community

    AED 1.5M

    AED 910 /sqftAED 9,795 /sqmt

    ГотовоКвартира
    1,594 sqft148.1 sqmt2 BedsВладелец17 Jul 2025
  • Lake Apartment

    Green Community

    AED 1.3M

    AED 816 /sqftAED 8,783 /sqmt

    ГотовоКвартира
    1,637 sqft152.1 sqmt2 BedsВладелец14 Jul 2025
  • Lake Apartment

    Green Community

    AED 760K

    AED 777 /sqftAED 8,364 /sqmt

    ГотовоКвартира
    978 sqft90.9 sqmt1 BedВладелец1 Jul 2025
  • Lake Apartment

    Green Community

    AED 1.5M

    AED 518 /sqftAED 5,576 /sqmt

    ГотовоКвартира
    2,946 sqft273.7 sqmt2 BedsВладелец21 May 2025
  • Lake Apartment

    Green Community

    AED 830K

    AED 886 /sqftAED 9,537 /sqmt

    ГотовоКвартира
    937 sqft87.1 sqmt1 BedВладелец2 May 2025
  • Lake Apartment

    Green Community

    AED 1.5M

    AED 921 /sqftAED 9,914 /sqmt

    ГотовоКвартира
    1,638 sqft152.2 sqmt2 BedsВладелец1 May 2025
  • Lake Apartment

    Green Community

    AED 730K

    AED 829 /sqftAED 8,923 /sqmt

    ГотовоКвартира
    881 sqft81.8 sqmt1 BedВладелец24 Apr 2025
  • Lake Apartment

    Green Community

    AED 405K

    AED 832 /sqftAED 8,956 /sqmt

    ГотовоКвартира
    487 sqft45.2 sqmtСтудияВладелец16 Apr 2025
  • Lake Apartment

    Green Community

    AED 480K

    AED 958 /sqftAED 10,312 /sqmt

    ГотовоКвартира
    501 sqft46.5 sqmtСтудияВладелец20 Mar 2025
  • Lake Apartment

    Green Community

    AED 1.3M

    AED 814 /sqftAED 8,762 /sqmt

    ГотовоКвартира
    1,598 sqft148.5 sqmt2 BedsВладелец31 Jan 2025
  • Lake Apartment

    Green Community

    AED 1.3M

    AED 769 /sqftAED 8,277 /sqmt

    ГотовоКвартира
    1,690 sqft157 sqmt2 BedsВладелец28 Nov 2024
  • Lake Apartment

    Green Community

    AED 770K

    AED 801 /sqftAED 8,622 /sqmt

    ГотовоКвартира
    961 sqft89.3 sqmt1 BedВладелец6 Nov 2024
  • Lake Apartment

    Green Community

    AED 400K

    AED 875 /sqftAED 9,418 /sqmt

    ГотовоКвартира
    457 sqft42.5 sqmtСтудияВладелец7 Oct 2024
  • Lake Apartment

    Green Community

    AED 44K/yr

    КвартираПродление
    1,708 sqft158.7 sqmt2 Bedsдо
  • Lake Apartment

    Green Community

    AED 160K/yr

    КвартираНовый договор
    2,941 sqft273.2 sqmt2 Bedsдо

Every sale in Lake ApartmentEvery rent contract in Lake Apartment

Service charges in Lake Apartment

The 2018 service charge in Lake Apartment is AED 22.35 per sq ft for homes. 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 Lake Apartment
Тип объектаRate per sq ftПлощадьYearly charge
1 Bed Apartment (2018)AED 22.35880 sqft81.8 sqmt – 980 sqft91 sqmtAED 19,668 – AED 21,903
2 Beds Apartment (2018)AED 22.351,590 sqft147.7 sqmt – 2,950 sqft274.1 sqmtAED 35,537 – AED 65,933
Studio Apartment (2018)AED 22.35460 sqft42.7 sqmt – 550 sqft51.1 sqmtAED 10,281 – AED 12,293

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

Nearby amenities

Around Lake Apartment

Transportation near Lake Apartment

The nearest Dubai Metro station from Lake Apartment is Dubai Investment Park (red line, 0.8 km, about 10 min walk), then Jumeirah Golf Estates (red line, 1.6 km, about 5 min drive). Stations planned on new lines nearby include Jumeirah Golf Estates Interchange (golden line, 1.6 km, about 5 min drive) and Dubai Production City (golden line, 3.8 km, about 10 min drive).

  • Dubai Investment ParkRed line · 0.8 km · about 10 min walk
  • Jumeirah Golf Estates InterchangeGolden line · 1.6 km · about 5 min drive
  • Джумейра Гольф ЭстейтсRed line · 1.6 km · about 5 min drive
  • Аль-ФурджанRed line · 3.2 km · about 8 min drive
  • Dubai Production CityGolden line · 3.8 km · about 10 min drive
  • Discovery GardensRed line · 4 km · about 10 min drive

Shopping and groceries near Lake Apartment

The closest is Spinneys / Green Community (Located in Emirates Road), 0.3 km from Lake Apartment (about 4 min walk).

  • Spinneys / Green Community (Located in Emirates Road)Supermarket · 0.3 km · about 4 min walk
  • Jumeirah Park Pavilion (Community Center)Shopping Mall · 4.4 km · about 11 min drive
  • Ibn Batuta MallShopping Mall · 6.3 km · about 15 min drive
  • GEANT Hypermarket / IBN Batuta MallSupermarket · 6.3 km · about 15 min drive
  • Arena MallShopping Mall · 7.7 km · about 17 min drive

Restaurants and hotels near Lake Apartment

The closest is Grand Midwest Express Hotel, 6 km from Lake Apartment (about 14 min drive).

  • Grand Midwest Express HotelHotel · 6 km · about 14 min drive
  • Medlock VillasHotel · 7 km · about 16 min drive
  • Radisson Royal Hotel DubaiHotel · 7.4 km · about 17 min drive
  • Nassima Towers Hotel ApartmentsHotel · 7.5 km · about 17 min drive
  • Gloria HotelHotel · 7.6 km · about 17 min drive

Hospitals and clinics near Lake Apartment

The closest is Jebel Ali Hospital, 5.7 km from Lake Apartment (about 13 min drive).

  • Jebel Ali HospitalHospital · 5.7 km · about 13 min drive
  • Cedars- Jebel Ali International HospitalHospital · 7.8 km · about 18 min drive

Schools near Lake Apartment

The nearest is Al Nibras International Private School, 1 km away. Ratings are the KHDA's latest inspection grades.

  • Al Nibras International Private SchoolAmerican · KHDA: Good · 1 km
  • Dove Green Private School L.L.CUK · KHDA: Good · 1 km
  • Durham School L.L.CUK · KHDA: Acceptable · 1 km
  • Bright Riders SchoolIndian · KHDA: Good · 1.2 km
  • The International School of Choueifat (Branch)SABIS (UK/US) · KHDA: Acceptable · 2.3 km
  • Greenfield International SchoolInternational Baccalaureate · KHDA: Very good · 3.1 km

Other buildings in Dubai Investment Park First

Dubai Investment Park First has 82 buildings. A few others to compare Lake Apartment with:

Things to consider about Lake Apartment

In its favour

  • Dubai Investment Park metro station is within walking distance.
  • Owners who resold have made money: a median gain of up to 16%.
  • A median gross yield of 7.3% on recent sales.
  • 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.
  • Service charges of up to AED 22.35 per sq ft are on the higher side for Dubai.

Часто задаваемые вопросы

Lake Apartment: questions answered

Lake Apartment was developed by Union Properties in Dubai Investment Park First.

Lake Apartment is completed in Q4 2018.

Across its 20 most recent registered sales, Lake Apartment sold for a median of AED 872 per sq ft and AED 910.0K per unit.

Recent yearly contracts in Lake Apartment have a median rent of AED 160.0K.

The median gross yield on recently sold units in Lake Apartment is 7.3%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in Lake Apartment is AED 22.35 per sq ft a year, as registered with the Dubai Land Department.

Lake Apartment has Studio (460 to 550 sq ft), 1 Bed (880 to 980 sq ft), 2 Beds (1,590 to 2,950 sq ft).

Dubai Investment Park is about 0.8 km from Lake Apartment.

The nearest schools include Al Nibras International Private School (1 km), Dove Green Private School L.L.C (1 km), Durham School L.L.C (1 km).

Buying, selling or renting in Lake Apartment?

A broker who works Dubai Investment Park First will tell you what is available and what comparable homes went for.

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