NEIGHBOURHOOD
COMMUNITY OVERVIEW
The Lakes provides a serene lifestyle, away from the city's hustle and bustle. The community offers an exciting property variety, including 12 types of villas in diverse configurations. Home to 600 villas, the development is built amidst the famous golf courses of Dubai; Montgomerie Golf Club and the Emirates Golf Course. Not to mention, The Lakes residents can spot dining options nearby and engage in sports activities.
Built across six sub-communities, the villas in The Lakes provide stunning views of the man-made lakes and green spaces. The development master plan has been tailored to promote sustainability; you can find recycling centres.
PROPERTIES IN THE LAKES
Developed by Emaar Properties, The Lakes features six sub-communities: Forat, Ghadeer, Deema, Maeen, Hattan and Zulal. Located amidst Emaar communities, The Lakes offers freehold villas for sale and rent. The gated locality provides the utmost amount of comfort and security, appealing to both families and working professionals.
Ranging from 2 to 7-bedrooms, the villas for rent in The Lakes are constructed with contemporary architectural styles. The residential units in the community come with various amenities such as play areas for children, landscaped gardens, spacious rooms, maid’s quarters and access to the swimming pool and the lakes.
Rental Trends in The Lakes
|
Villa Type
|
Average Rental Price in AED
|
|---|---|
|
Villa Type
3-bed
|
Average Rental Price in AED
174,000
|
|
Villa Type
4-bed
|
Average Rental Price in AED
241,000
|
|
Villa Type
5-bed
|
Average Rental Price in AED
394,000
|
|
Villa Type
6-bed
|
Average Rental Price in AED
441,000
|
For those looking to rent a villa in The Lakes, the average price for a 3-bedroom villa for rent is AED 174k per annum. Larger families can also go for the 5-bedroom villas which will cost an average of AED 394k yearly.
Sale Trends in The Lakes
|
Villa Type
|
Average Sales Price in AED
|
|---|---|
|
Villa Type
3-bed
|
Average Sales Price in AED
2,787,000
|
|
Villa Type
4-bed
|
Average Sales Price in AED
4,277,000
|
|
Villa Type
5-bed
|
Average Sales Price in AED
8,085,000
|
|
Villa Type
6-bed
|
Average Sales Price in AED
10,583,000
|
|
Villa Type
7-bed
|
Average Sales Price in AED
12,833,000
|
People planning to invest can expect to shell out an average of AED 8M for a freehold 5-bedroom villa in The Lakes. To buy a 4-bedroom villa in The Lakes, the price range lies between AED 2.5M to AED 7.9M. For large families, a 6-bedroom villa for sale is available in a price range of AED 8.5M to AED 17.9M.
ROI in The Lakes
|
Villa Type
|
ROI
|
|---|---|
|
Villa Type
3-bed
|
ROI
6.2%
|
|
Villa Type
4-bed
|
ROI
5.7%
|
|
Villa Type
5-bed
|
ROI
5.2%
|
|
Villa Type
6-bed
|
ROI
4.3%
|
3-bedroom villas in The Lakes offer the highest return on investment, which is 6.2%. 4 and 5-bedroom villas follow with a 5.7% and 5.2% ROI, respectively. The spacious 6-bedroom house rounds up the list with 4.3% ROI.
The Lakes Floor Plans
Interested tenants can browse The Lakes floor plans for popular communities/buildings in the neighbourhood.
Most Popular Communities in The Lakes
There are six sub-communities in The Lakes. Take a look at the most popular communities before renting or buying a property in the area.
Zulal fares as the most popular community in The Lakes. The waterfront sub-community offers 3 and 4-bedroom villas. The starting price to rent a 3-bedroom villa in Zulal is AED 132k while a 4-bedroom villa for sale in Zulal ranges from AED 2.5M to AED 4.5M. Zulal is also one of the popular areas to rent villas in The Lakes.
Ghadeer is the second-most-popular community with an amazing view of the waterways and lush greenery. It is one of the best areas to buy villas in The Lakes. Ghadeer is followed by Maeen, Hattan and Deema.
TRANSPORTATION AND PARKING SPACES IN THE LAKES
For parking in The Lakes, each villa has dedicated parking areas for one or two vehicles.
Public Transportation in The Lakes
AMENITIES, SCHOOLS AND HEALTH CARE
SUPERMARKETS IN THE LAKES
The residents need not worry about their grocery needs as there is a good deal of supermarkets in and around The Lakes. Choithrams and Spinneys Supermarket are located within the community, catering to the daily grocery needs. Built on Sheikh Zayed Road, the food store Organic Foods and Café is also a mere 5-minute drive away. Besides these, Carrefour, Park n Shop, Aswaaq Mart and others can also be reached in 5 minutes.
CHURCHES, TEMPLES AND MOSQUES IN THE LAKES
There are no places of worship within the boundaries of The Lakes; however, several mosques are located a few minutes away from the community. Tiffany Mosque and Masjid Wahid are two of the nearest mosques about 10 minutes away. Located in Dubai Marina, Al Rahim Mosque is only 8 minutes from the neighbourhood. Built with Islamic architecture, the beautiful exterior and interior appeal to both tourists and residents who visit the mosque.
City of Dreams Church and Fellowship Church are 10 minutes away. Also, there are several churches located 15 to 17-minutes away in Jebel Ali. Located on Al Safa Street, Guru Nanak Darbar is also located 12 to 15 minutes away.
SCHOOLS AND UNIVERSITIES IN THE LAKES
There are top-rated schools dotted around The Lakes, providing several good options to parents. Considered two of the best American schools in Dubai, GEMS Dubai American Academy and American School Dubai are 10 to 12 minutes away. Following the International Baccalaureate curriculum, Dubai International Academy is located in the neighbouring area of Emirate Hills. Other nearby options include Regent International School, Dewdrops Nursery, and Dubai British School.
The Lakes is also home to Jebel Ali Nursery and Raffles International Nursery. Known for their qualified staff, the nurseries provide a stimulating learning environment for younger children.
As for higher education, a range of universities are situated close to the community. Some top-rated options can be found in and around Dubai Knowledge Park which is a 10-minute drive away. American University Dubai and Oracle University are also situated 10 minutes away on Sheikh Zayed Road.
HOSPITALS AND CLINICS IN THE LAKES
NEARBY AREAS
Developed next to Emirate Hills, the community enjoys quick access to Jumeirah Lake Towers, Dubai Marina, Dubai Internet City and Palm Jumeirah. Also, JBR (Jumeirah Beach Residence) is12 minutes away.
LIFESTYLE
SHOPPING, DINING AND NIGHTLIFE
MALLS IN THE LAKES
The Lakes residents can head to Dubai Marina Mall for a shopping spree, which will take about 7 to 8 minutes to reach. Apart from high-end outlets of fashion brands, Dubai Marina Mall is known for housing supermarkets, pharmacies, banks and more. Located at interchange 4 on Sheikh Zayed Road, the Mall of the Emirates is about 15 minutes away from the gated community. Various other retail centres and souks dotted on Sheikh Zayed Road are 10 to 15 minutes away.
RESTAURANTS IN THE LAKES
The Lakes features a casual-dining restaurant The Reform Social & Grill. Serving premium food, the eatery is a popular spot in the community. The dining area is arranged in an open setting which makes the feasts even more enjoyable for the visitors.
Located 9 to 10 minutes away, there are several restaurants and cafes in Barsha Heights (TECOM) such as Fuchsia, Beef King Chinese Restaurant and Manoushe Street. A plethora of high-end dining options can also be found at The Walk, Jumeirah Beach Residence, which is about 11 to 13 minutes away from the community.
BEACHES NEAR THE LAKES
Known for its vibrant ambience and delectable cuisine, Barasti Beach is 10-minutes away from The Lakes. The beach offers stunning views of the crystal blue ocean water on one side and towering skyscrapers on the other side. JBR Beach can be another option for the residents looking for an ultimate day at the beach. Visitors can indulge in various activities like parasailing, wakeboarding, and watersports.
LEISURE ACTIVITIES AND NOTABLE LANDMARKS
Residents can visit the community centre, The Lakes Club, for an extensive range of activities. Built within the vicinity of the community, the 30,000 sq. ft. the club features various sports facilities such as an aerobic studio, volleyball courts, a swimming pool, as well as tennis and squash courts.
The ideal geographical location of The Lakes allows the residents to reach the ultimate leisure hubs of Dubai in a matter of minutes. Located 15 minutes away, Dubai Marina offers an array of exciting activities - be it cruising tours at The Yellow Boat or the exotic experience in Dubai Marina Yacht Club. Home to the world-famous luxury hotel Atlantis The Palm, Palm Jumeirah is a 15-minute drive away from The Lakes.
OUTDOOR ACTIVITIES, FITNESS AND BEAUTY
Residents need not head out of the community for personal grooming. The community centre features one of the best-regarded gyms in Dubai, Fitness First, and an outdoor gymnasium. Salon services are also available within the neighbourhood.
The Lakes have reserved courts and grounds for various sports activities. The community offers 11 parks and pools, BBQ areas, game room, two tennis courts, a basketball court, football field, a squash court and ten community playgrounds.
COMMUNITY EVENTS
The residents can participate in various sporting events thanks to the community centre, The Lakes Club. Catering to every age, the club offers various recreational activities including drama and sports.
The golf fans living in The Lakes have the luxury of attending many golf tournaments since the community is built amidst two state-of-art golf courses: Emirates Golf Course and The Montgomerie Golf Club at Emirates Hills. The European Tour golf tournament, Dubai Desert Classic, is held every year in Emirates Golf Course, located about 10 minutes away.
As the other Emirates Living communities are close by many of the residents get together through the Facebook group: Meadows, Lakes and Springs Community. It is a shared group for only residents of the above-mentioned areas. If you are looking to socialize then it would be the best place to start.
THINGS TO CONSIDER
The Lakes is one of the most renowned gated communities in Dubai. It is the embodiment of an ideal family-oriented neighbourhood with a range of luxurious villas. Living in The Lakes has its own perks; however, one must evaluate a few things before moving. Since the community offers a serene lifestyle, individuals looking for accommodation amidst the hustle and bustle of the city can look for more suitable options.