The Lakes Property Market: November Market Share Update
In November, Allsopp & Allsopp handled half of all property transactions in The Lakes, achieving a 50% market share by volume alongside a 46% share of total sales value. This level of activity reflects a sustained presence across a wide range of villa types and price points within one of Dubai’s most established residential communities.
The performance highlights consistent buyer demand and ongoing confidence in The Lakes as a long-term residential location, particularly among owner-occupiers.
November Market Performance Breakdown
Holding 50% of transaction volume indicates strong representation across a broad section of the market, while a 46% share of total value demonstrates involvement in higher-priced villa sales. This balance suggests steady movement across both entry-level and premium homes within the community.
Such performance is typically seen in mature communities where pricing is well understood and transactions are driven by lifestyle decisions rather than short-term speculation.
Where Is The Lakes Located in Dubai?
The Lakes is an Emaar-developed villa community positioned between Emirates Hills and The Greens, offering convenient access to Sheikh Zayed Road, Dubai Marina, Media City, and Internet City. Its central location provides a balance of privacy and connectivity, making it particularly attractive to long-term residents and professionals working in nearby business districts.
What Type of Community Is The Lakes?
The Lakes is a gated, low-density villa community known for its mature landscaping and quiet surroundings. Unlike many newer developments, the area features established homes with generous layouts, tree-lined streets, and a strong sense of permanence.
Limited new supply has helped maintain stability in pricing, contributing to the area’s consistent transaction levels.
Who Typically Chooses to Live in The Lakes?
The Lakes primarily attracts:
- Families seeking space, greenery, and a secure environment
- Professionals working in nearby commercial hubs
- Owner-occupiers looking for long-term homes rather than short-term investment stock
- This demographic profile supports a stable property market, with many homeowners remaining in the community for extended periods.
What Types of Properties Are Available in The Lakes?
The community is made up predominantly of villas, typically offering:
- Three to five-bedroom layouts
- Private gardens and outdoor space
- Established plot sizes compared to newer developments
Prices vary depending on size, location, and upgrades, but The Lakes continues to sit within the upper mid-range of Dubai’s villa market.
What Amenities Are Available in The Lakes?
Residents benefit from a well-developed infrastructure, including:
- Community swimming pools and children’s play areas
- Walking and cycling paths throughout the neighbourhood
- Sports courts and green open spaces
- The Lakes Club and nearby retail and dining options
These amenities support a lifestyle focused on outdoor living and community engagement.
What Does This Mean for Buyers and Sellers?
For sellers, November’s figures indicate continued buyer activity and realistic pricing levels, particularly for well-maintained or upgraded villas.
For buyers, the data highlights steady competition for quality homes, reinforcing the importance of understanding pricing trends and availability within the community.
Why Choose Allsopp & Allsopp for Buying or Selling Property in The Lakes?
November’s results reflect both the ongoing desirability of The Lakes and Allsopp & Allsopp’s depth of activity within the community. Handling 50% of all transactions by volume and 46% of total sales value demonstrates consistent market engagement and a strong understanding of local buyer behaviour.
This level of involvement allows for accurate pricing guidance and informed decision-making throughout the transaction process.
How Can I Explore The Lakes Listings with Allsopp & Allsopp?
Visit the Allsopp & Allsopp The Lakes to view the latest villas currently available. Our team is ready to assist with buying or selling in one of Dubai’s most established residential communities.
For media enquiries, please contact:
Emily Bates, PR & Communications Manager +971 58 598 6637