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Lake Terrace construction progress

Lake Terrace in Jumeirah Lakes Towers is 100% built according to the Land Department. Developer Damac Properties Co.

100%

Built, as listed in the Land Department register

Construction complete

Developer
Damac Properties Co
Name in Arabic
ليك تراس
Land Department project number
438

Schedule

The Dubai Land Department records Lake Terrace as 100% built. Handover and registration of individual units can still take several months after that point.

Context

Jumeirah Lakes Towers has 8 projects under construction, 44% built on average.

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Construction is done, and the work starts: snagging, handover papers, rent and what the unit is worth today. Mulki keeps it in one private app.

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Questions

When will Lake Terrace be completed?
The Land Department has no completion date on record for Lake Terrace yet. It appears once the developer registers the construction timeline.
How much of Lake Terrace is built?
The Land Department lists the project at 100%. No site inspection with photos has been published for it yet.
Is Lake Terrace delayed?
No. The Land Department records construction as complete.
Who is building Lake Terrace?
The registered developer is Damac Properties Co.

Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.