The Lakes Area Guide

The Lakes is a perfectly established area located in Dubai. Rich in greenery and gated, it is full of amenities to ensure peace and luxury. The location is fantastic. For those who own investment properties in the area, there are plenty of opportunities to make it an incredibly profitable rental business.

Properties For Rent And Sale In The Lakes

The Lakes is home to townhouses and villas. It is certain that those who want to find a home in Dubai, surrounded by greenery, will think of this area as one of their best options.

Here are the rates currently available for townhouses and villas located in The Lakes:

• Townhouses and villas with three bedrooms range from 2,180 to 2,800 sq. feet in size and range from 165,000.00 to 190,000.00 AED/year to lease and 2,575,000.00 to 4,200,000.00 AED to buy.
• Four-bedroom villas range from 3,000 to 3,700 sq. feet on average and are priced at 230,000.00 to 240,000.00 AED/year and 3,400,000.00 to 4,700,000.00 AED to purchase (though waterfront villas can be priced as high as 7,600,000.00 AED).
• The villas with five bedrooms comprise 3,500-3,700 sq. feet on average and cost 260,000.00 to 290,000.00 AED/year (though waterfront villas can be priced as high as 375,000.00 AED/year or more), starting at 7,000,000.00 AED available for sale. Villas with six bedrooms range from 6,100 to 6,700 sq. feet on average and include private pools, priced at 550,000.00 to 750,000.00 AED/year and 10,000,000.00 to 13,300,000.00 AED available for sale.

People Who Live in The Lakes

With townhouses and villas, the area is a home for families. Most have children, as the neighborhood offers everything necessary to raise children in peace and tranquility. Most are keen on enhancing the security and luxury lifestyles the region offers.

It is important to note that those looking for villas to rent in The Lakes typically have a stable income at a sufficient level. That is why non-payments or bounced cheques are rare occurrences.

Most Popular Communities In The Lakes

Six sub-communities exist within The Lakes, each with distinctive features:

• Hattan: A luxury property with large villas with five, six, and seven bedrooms, offering water views and private pools.
• Maeen: Provides less expensive yet still excellent four and 3-bedroom properties.
• Ghadeer: Features three-bedroom homes and has easy access to First Al Khail Street and the bus stop.
• Zulal: A beautiful community with stunning waterfront views near the major highway and public transportation.
• Deema: Contains the region's largest 3- and 4-bedroom homes, with easy access directly to First Al Khail Street.
• Format: The tiniest sub-community with charming 3-4 bedroom villas and easy accessibility to The Lakes Club and its facilities, as well as First Al Khail Street.

Schools And Universities In The Lakes

One of the best characteristics of Dubai communities is that almost everyone has schools close to them. This is also true for The Lakes. To clarify, residents can enroll their children at one of the closest schools, which is within a five-minute drive of the vicinity:

• Dubai International Academy
• Regent International School

Naturally, while selecting institutions of higher education, tenants of properties are unlikely to consider location proximity as a primary consideration. However, many highly rated universities are easily accessible from this area:

• Synergy University Dubai within the JLT cluster
• American University in Dubai
• Dubai Campus, part of Abu Dhabi University, and many others located in Dubai Knowledge Park.

Transportation And Parking Spaces In The Lakes

Why do tenants prefer quiet communities? They don't want to reside in an area crowded with vehicles rushing to and fro. In other words, they don't want to endure all the pollution and noise that the raging traffic causes. Thus, tenants will benefit from the lack of traffic congestion and its negative consequences when they reside in the area.

However, it does not mean the neighborhood lacks sufficient parking space for its residents' vehicles. Every townhouse or villa has designated parking spaces accommodating up to two cars.

Public Transportation In The Lakes

There is no need to use public transportation in the region. In other words, every sub-community has a common swimming pool and a park within walking distance of each property. Residents of this community can stay within the area.

However, community residents can avail themselves of public transport when traveling to other zones in Dubai. To clarify, the Lakes Turnoff 1 bus station is where residents can catch the F31 bus route leading to the Dubai Internet City Metro Station.

Pros and Cons of Living in The Lakes

Naturally, this neighborhood is known for its lakes, surrounded by greenery everywhere. The views are tranquil and relaxing for residents, leaving them at peace. Yet, they can experience the dynamism of Dubai as they gaze upon its stunning towers.

Another benefit that residents enjoy is the highest level of security and the abundance of kid-friendly and family-friendly facilities. Since the area is gated, only a few are passing by in this community. 

Shared pools and parks with playgrounds exist in every sub-community within the region. There are tennis and basketball courts and football pitches close to many of the universities and schools in Dubai.

It is an apartment-style community, meaning tenants can enjoy their garden to relax with their children.

However, the distance to the city center can make it a long journey to attractions, with few transportation options.

Final Words

It is certain that those who can live within The Lakes, with its far-from-cheap rental rates, do not consider the absence of public transportation as one of the local cons. After all, they have their vehicles to rely on. Additionally, private transportation offers greater freedom than public options.

If assistance is needed in finding tenants or if one wants to remove all responsibility for managing their property, they can reach out to us through the website or give a call