The Lakes 2023 Market Report

Nestled within the Emirates Living community and known for its family friendly environment, The Lakes saw rising demand among buyers and tenants in 2023. There was also a surge in property values fueled by a lack of available homes. Sellers have reaped the benefits of this, with some offers breaking transaction records.

The rental market reached peak prices, prompting some tenants to transition into homeownership whilst others paid a premium to continue renting in the community.
 

2024 is looking bright for The Lakes as we expect enduring strength driven by its longstanding reputation.