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Lake Terrace rent: what tenants really pay
Rent in Lake Terrace, JLT: Studio AED 62,000, 1-bed AED 80,000, 2-bed AED 117,000 a year. These are medians of 375 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 121, against AED 127 across JLT. About 59 homes here are advertised for rent now.
Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method
“Lake Terrace: value at AED 121 a sq ft against the JLT median of 127. Ask the agent what the last tenant signed, then use the table below.”
Know the rent before you sign
What tenants in this building really paid, what landlords ask, and how hard to push.
What the leases say about Lake Terrace
- Per sq ft, a Studio here costs 5% less than the JLT median: AED 121 against AED 127. It is number 9 of 19 JLT buildings, cheapest first.
- Homes here are bigger than usual. The median Studio here is 510 sq ft. That is 14% above the JLT median of 447 sq ft.
- New Studio tenants pay AED 62,000, renewing tenants AED 60,000. For the same home, renewing is cheaper than moving in: a new tenant pays 3% more.
- New-lease rent per sq ft fell 4% on the year, to AED 111 a sq ft.
- About 59 homes are advertised for rent against 375 leases signed in a year: a normal amount of choice.
- 69 leases end in the next 60 days, so more homes may become available soon.
Rent in Lake Terrace by bedrooms
AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.
| Home | New lease | Renewal | Asking | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|---|---|
| Studio | 62,000 | 60,000 | 64,998 | 510 | 121 | 195 |
| 1-bed | 80,000 | 80,000 | 79,999 | 746 | 106 | 144 |
| 2-bed | 117,000 | 110,000 | – | 1,242 | 89 | 25 |
Where Lake Terrace is, and the buildings around it
We do not hold the exact position of Lake Terrace yet; the map shows JLT.
Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.
Finding
A new Studio tenant in Lake Terrace pays 3% more than a renewing one for the same home.
New lease against renewal: same building, same bedrooms, size within 15%
For a Studio in this building, renewing is cheaper than moving in. The renewal figure shows what the landlord accepts from tenants he wants to keep. Renew or move →
Finding
New-lease rent per sq ft in Lake Terrace fell 4% on the year.
Median new lease, AED a sq ft, by quarter
AED 111 a sq ft in the 12 months to 15 Oct 2026, against AED 116 the year before. Quarters with fewer than 10 new leases are left out of the chart.
Supply
69 leases in Lake Terrace end in the next 60 days.
Leases ending soon: homes that may become available
Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.
Compare: other JLT buildings, Studio
| Building | New lease | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|
| Gold Crest Executive | 59,000 | 374 | 148 | 125 |
| Indigo Tower | 65,492 | 560 | 98 | 104 |
| Saba Tower 2 | 57,000 | 530 | 113 | 62 |
| Dubai Arch Tower | 56,200 | 430 | 136 | 124 |
| Laguna Tower | 68,000 | 628 | 109 | 21 |
| Global Lake View | 55,500 | 451 | 116 | 28 |
| Lake City Tower | 55,100 | 409 | 134 | 39 |
| New Dubai Gate1 | 55,000 | 450 | 120 | 38 |
Buying in Jlt? Sale prices, every tower, resale and off-plan: Jlt on BUY DUBAI →
Questions
How much is rent in Lake Terrace?
Rent in Lake Terrace, JLT: Studio AED 62,000, 1-bed AED 80,000, 2-bed AED 117,000 a year. These are medians of 375 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 121, against AED 127 across JLT. About 59 homes here are advertised for rent now.
How much is a studio in Lake Terrace?
The median rent for a new Studio lease in Lake Terrace is AED 62,000 a year (AED 5,167 a month). The median size is 510 sq ft. This is from 110 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 1 bedroom in Lake Terrace?
The median rent for a new 1-bed lease in Lake Terrace is AED 80,000 a year (AED 6,667 a month). The median size is 746 sq ft. This is from 75 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 2 bedroom in Lake Terrace?
The median rent for a new 2-bed lease in Lake Terrace is AED 117,000 a year (AED 9,750 a month). The median size is 1,242 sq ft. This is from 10 new leases, 16 Oct 2025–15 Oct 2026.
Is it cheaper to renew or move in Lake Terrace?
For a Studio, new tenants pay a median AED 62,000 and renewing tenants AED 60,000. For the same home, a new tenant pays 3% more.
Is rent going up in Lake Terrace?
Rent per sq ft on new leases in Lake Terrace: AED 111 in the 12 months to 15 Oct 2026, against AED 116 the year before.
What are the alternatives to Lake Terrace in JLT?
Similar rent for a Studio: Gold Crest Executive AED 59,000, Indigo Tower AED 65,492, Saba Tower 2 AED 57,000, Dubai Arch Tower AED 56,200.
How we worked it out, and the limits
Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.
This building. Leases are matched by the Ejari project name "LAKE TERRACE". 375 leases 16 Oct 2025–15 Oct 2026, 204 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building.
Full method: What the leases say → · Checking a rent rise? Rent increase calculator →
Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.