THE LAKES MARKET REPORT OCTOBER 2026
THE LAKES / OCTOBER 2026
OCTOBER AT A GLANCE The Lakes
REGISTERED SALES
MEDIAN SALE PRICE
MEDIAN AED / PLOT SQ FT
5
AED 6.80M
2,110
1 sale in September
September: AED 6.40M (1 sale)
September: 2,458 (1 sale)
FIVE OCTOBER SALES. WIDER CONTEXT MATTERS. The source recorded five sales in October, compared with one in September. The October median sale price was AED 6.80M; the median plot-area rate was AED 2,110 per sq ft.
October medians use five sales; September has one. Changes in property mix and small samples can cause large swings in price readings.
DLD Derived data
02
THE LAKES / OCTOBER 2026
90-DAY MARKET TRENDS 3 August - 31 October 2026 | Three equal 30-day periods
REGISTERED SALES
MEDIAN AED / PLOT SQ FT
12
2,379
Across the full 90-day window
Across all 12 registered sales
PRICE PER PLOT SQUARE FOOT Median AED / plot sq ft | Axis starts at 2,000
2,600
2,455
2,458 1 sale - limited sample
2,300
2,110
2,000
3 Aug - 1 Sep
2 Sep - 1 Oct
2 - 31 Oct
REGISTERED SALES 6 5
1
3 Aug - 1 Sep
2 Sep - 1 Oct
2 - 31 Oct
Price per sq ft uses registered plot area, not built-up area. One period contains one sale; small samples can cause sharp swings.
DLD Derived data
03
THE LAKES / OCTOBER 2026
PRICES & TRANSACTIONS November 2023 - October 2026 | 36 complete months
MEDIAN PRICE PER PLOT SQ FT AED / plot sq ft | Monthly medians | Axis starts at 1,000
3,000
2,500
2,000
2,110
1,500
1,320 1,000 Nov 23
May 24
Nov 24
May 25
Nov 25
May 26
Oct 26
REGISTERED SALES Monthly transaction count | Zero-based scale
15
10 7 5 5
0 Nov 23
May 24
Nov 24
May 25
Nov 25
May 26
Oct 26
36 complete months; 200 sales. April 2026 had no sales and no median; the dashed segment joins adjacent observed months. History through July is archived; August-October is refreshed. Small samples and sale mix affect medians.
DLD Derived data
04
THE LAKES / OCTOBER 2026
SALES & RENTAL BENCHMARKS 3 August - 31 October 2026
3-BEDROOM HOMES LEAD Three-bedroom homes accounted for 11 of the 12 sales recorded across the 90-day period. 3 bedrooms
91.7%
4 bedrooms
8.3%
5+ bedrooms
0.0%
92% 3 BEDROOMS
PRICE & RENT BY BEDROOM MEDIAN SALE PRICE / AED MILLIONS
3 bedrooms
6.80
11 sales
4 bedrooms
0 sales
AED 280,000 74 leases
LOW SAMPLE
1 sale
5+ bedrooms
MEDIAN ANNUAL RENT
AED 430,000 8 leases
NO SALES
LOW SAMPLE 3 leases
Rent medians use 365/366-day registered leases, including new contracts and renewals. One two-bedroom lease is excluded. Medians with fewer than five records are withheld.
DLD Derived data
05
THE LAKES / OCTOBER 2026
TOP-SELLING SUBCOMMUNITIES 3 August - 31 October 2026 SUBCOMMUNITY
SALES
Zulal
8
Deema
2
Forat
2
Phases combined by parent subcommunity. Deema and Forat tie for second.
HIGHEST 90-DAY TRANSACTION
AED 12,000,000 ZULAL 2 3 bedrooms | 3,575 sq ft built-up area 4,156 sq ft plot 14 August 2026 | Ready
ZULAL LEADS ACTIVITY Zulal led with 8 sales, accounting for 66.7% of the 12 home transactions recorded across the 90-day period.
DLD Derived data
06
THE LAKES / OCTOBER 2026
RECENT TRANSACTIONS 3 August - 31 October 2026 | Selected registrations The seven most recent registrations across the 90-day period. The examples are ordered by registration date, with higher-value sales first on matching dates.
DATE / 2026
SUBCOMMUNITY
BEDS
PRICE / AED
STATUS
30 Oct
Deema 4
3
8,150,000
Ready
29 Oct
Zulal 2
3
7,100,000
Ready
22 Oct
Zulal 2
3
6,800,000
Ready
22 Oct
Zulal 2
3
6,600,000
Ready
14 Oct
Zulal 1
3
6,750,000
Ready
17 Sep
Zulal 1
3
6,400,000
Ready
21 Aug
Deema 4
4
7,510,000
Ready
COMPARE LIKE WITH LIKE Plot size, built-up area, upgrades and location can change pricing materially within the same bedroom category. These are registered sales, not asking prices.
DLD Derived data
07
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THE LAKES / OCTOBER 2026
HUSPY MARKET REPORT