Villas for sale in The Lakes

The Lakes is a residential community in Dubai that offers a variety of villas for sale. The Lakes is located between Emirates Living and Arabian Ranches on the city's southeastern side. The development consists of over 2,000 villas in 20 different sub-communities. If you're looking for a peaceful and relaxed community conveniently located near schools, shopping, and other commercial properties, then The Lakes is the perfect place for you.

What Types of Villas are in The Lakes

There are a variety of luxury villas for sale in The Lakes, each with its unique style and features. Buyers can find the perfect home to suit their needs and lifestyle. Whether you're looking for a large family home, a cosy cottage, or something in between, you'll be able to find it in The Lakes. The villas in The Lakes range from 1,600 to 4,500 square feet. They are all designed with spacious living areas, modern kitchens, and private outdoor spaces. Many villas also have upgraded features such as private pools, gardens, and balconies.

There are villas available in a traditional Arabic style and more modern styles. Prices for villas in The Lakes start at around AED 2 million and go up to AED 20 million.

What are the Sale Price Trends for Villas in The Lakes

The average price for a villa in The Lakes was AED 2.5 million. The average price per square foot for a villa in The Lakes was AED 1,100. These prices have remained relatively stable over the past few years, with only a slight decrease in the average price per square foot. Several factors have influenced these prices, including the current state of the economy, the Dubai real estate market, and the availability of villas in The Lakes.

There is still strong demand for villas in The Lakes due to the proximity to major shopping and dining destinations and the wide variety of amenities. The availability of villas in The Lakes has also remained relatively stable over the past few years, with only a slight decrease in the number of units available for sale. This stability is due to developers releasing new units onto the market at a similar rate to which units are being sold.

What is the Lifestyle in The Lakes like?

The Lakes is a peaceful and relaxed gated community with 24-hour security and maintenance. It offers a wide variety of leisure and recreational activities for residents and is conveniently located near schools, shopping, and entertainment. The Lakes is an ideal place to raise a family or retire.

The community is situated around a series of artificial lakes, which gives it its name. The Lakes is a great place to live for those who want to be away from the hustle and bustle of the city but still have easy access to all the amenities that Dubai offers.

There are plenty of things to do in The Lakes, whether you want to stroll around the lakeside promenade, swim in one of the community pools, or play a game of tennis at the tennis courts. The Lakes also has a clubhouse with a gym, sauna, and steam room for residents to use.

If you have children, they will be well-catered for in The Lakes too. There are several international schools in the community and plenty of green spaces where they can play. When they get older, there are also several universities nearby that they can attend.

The Lakes is also conveniently located near some of Dubai's best shopping malls, such as the Mall of the Emirates and Ibn Battuta Mall. And if you're looking for somewhere to eat out, there are plenty of restaurants and cafes within the community. The Lakes is ideal for those who want to enjoy a peaceful and relaxed lifestyle with all the conveniences of city living. All of these factors make The Lakes a perfect place to raise a family or retire.

What are the Reasons for Investing in The Lakes

The Lakes is a great place to invest in a villa because of the strong return on investment. Villas in The Lakes have appreciated by an average of 7% per year since 2013. This is higher than the average rate of return for Dubai real estate, which was 5% over the same period.

The proximity of The Lakes to major shopping and dining destinations is another reason to invest in a villa here. The Dubai Mall, one of the largest malls in the world, is only a 20-minute drive from The Lakes. Similarly, Jumeirah Beach is only a 25-minute drive away. This makes it easy for residents of The Lakes to access all that Dubai offers.

Another reason to invest in The Lakes is that the prices for villas in The Lakes have been increasing. So, there is potential for a good return on investment when investing in a villa in The Lakes. If you're interested in learning more about this Dubai community and are ready to take the next step, don't forget to contact our team to buy your dream villa in The Lakes.