The Lakes Q1 2023 Market Report

The haus & haus property experts have put together this market report with complete insights, trends, and stats for Q1 2023. Get ready to make informed decisions in the market.

The Lakes is a vibrant community in the heart of Dubai, with spacious properties, stunning views, and nearby amenities for the whole family. In Q1, we have seen that past tenants in The Lakes are finding it more affordable to buy with a mortgage than continue renting in the area, with mortgages making up 86% of the sales.

There is a lack of supply likely due to homeowners settling into the community, with many properties being renovated by investors and end users. haus & haus data showed a 55% increase in new buyer registrations for Emirates Living, making this Emaar community as popular as ever.