Damac Lake Terrace

Experience refined living at DAMAC Lake Terrace, JLT. Discover elegant studios to spacious three-bedroom apartments with breathtaking lake views. Enjoy world-class amenities, including a state-of-the-art gym and stunning pool, all within a prestigious address offering unparalleled convenience and luxury.

Overview

Map Pin

Location

JLT (Jumeirah Lake Towers)

Calendar Icon Showing the date for the handover of the offplan project

Handover

Q3 2008

Real Estate Developer Icon

Developer

DAMAC Properties

About Damac Lake Terrace

Lake Terrace is a residential complex that is part of the Jumeirah Lake Towers community. The project was developed by the development company DAMAC Properties. The building is located in the northern part of JLT, in cluster D. The height of the complex is 40 floors. The first floor houses retail and catering stores, while the second floor is dedicated to recreational facilities, including a landscaped swimming pool. The tower’s facade is in white and turquoise hues, made of modern and sustainable materials.
The project offers a variety of studios and duplex apartments, including spacious and elegant apartments with 1 – 3 bedrooms, equipped with first-class amenities. There are a total of 544 units in the complex. The residences offer breathtaking views of the man-made lakes and surrounding areas.
The complex features 24-hour security and video surveillance, fitness center and gym, swimming pool, high-speed elevators, air conditioning and heating system, beauty salon, and underground parking.
The proximity to Sheikh Zayed Road will allow quick access to any areas of the city. In walking distance are public transportation stops and DMCC metro station.
DXB airport is 37 minutes drive from the complex.

Amenities

Shared Pool

Central A/C

Yoga Deck

Leisure areas

Shared Gym

Parking

Covered Parking

Security and CCTV

Lift

Gallery

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Location

DAMAC Properties is a globally recognized developer known for its luxury residential and commercial projects. With a reputation for delivering high-quality developments, DAMAC continues to shape the future of urban living in key markets.

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FAQ

Post‐handover payment plans allow buyers to settle the remaining balance after the property is handed over. This flexible payment structure can ease cash flow management and minimize immediate financial strain. For an in‐depth discussion on how these plans work and tips for making the most of them, read our detailed guide on Understanding Post Handover Payment Plans and How to Make the Most of Flexible Financing.

The process of buying property in Dubai involves understanding legal requirements, payment options, and tips for finding the best deals. Our comprehensive guide, Buy Property Dubai Guide, offers step‐by‐step advice to navigate the purchasing process smoothly.

Beyond the property price, buyers in Dubai should account for fees such as registration, maintenance, and service charges. Our post What Are the Costs of Buying Property in Dubai? covers these expenses in detail.

Luxury villas in Dubai are renowned for their upscale finishes, exclusive amenities, and prime locations that offer a unique lifestyle experience. To dive into the features and benefits of these high-end properties, check out our post Luxury Villas Dubai.

Off‐plan properties are developments that are still under construction and often come with flexible pricing and payment plans. If you’re interested in learning how these properties can be a strategic investment, read our article Off Plan Properties Dubai.

Dubai has several expat‐friendly communities that offer international schools, diverse cultural amenities, and a welcoming atmosphere. Our feature on Expat Friendly Homes Dubai provides an overview of the neighborhoods that best suit the modern expatriate lifestyle.

For buyers seeking quality living without a premium price, Dubai offers several affordable apartment options that combine comfort with value. Our article Affordable Apartments Dubai highlights these economical alternatives.

Dubai offers a range of financing solutions, including bank mortgages and tailored developer payment plans, each with its own terms. To explore these options further, read our guide Property Financing in Dubai.

The decision often depends on your personal timeline and financial planning; off‐plan properties may offer attractive payment terms, while ready-made homes allow immediate occupancy. Our article Dubai Homes Off-Plan or Ready – Which Fits You Best? helps clarify the differences.

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