About Lake Central
Lake Central is a commercial and office tower by Hamid Properties Limited, in Business Bay, Dubai. It rises 22 storeys (3 basement levels, a ground floor, 3 podium levels and 18 floors), built as a concrete structure with internal and external finishes. The project comprises 195 homes.
Key information
Developer
Hamid Properties Limited
- Handover
- Q1 2012
- Status
- Handed over
- Location
- Business Bay, Dubai
- Master project
- Business Bay
- Construction started
- 2008
- Number of buildings
- 1
- Number of units
- 195
- Registered with DLD
- 08 Nov 2008
- Escrow bank
- Mashreq Bank
- Escrow account no.
- 4498000731
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2008
- Handed overQ1 2012
Amenities
Physical features recorded on the Dubai Land Department buildings register.
20 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
210
Median price
AED 1.3M
Median price / sqft
AED 1K+96%
Off-plan share
7%
Priced 22% below than the Business Bay median of AED 2K/sqft.
Price per sqft by year
+96% since 2010AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 22 May 2026 | Resale | 1,129 sqft | AED 3.3M | AED 3K |
| 11 Feb 2026 | Resale | 1,697 sqft | AED 3.9M | AED 2K |
| 25 Dec 2025 | Resale | 988 sqft | AED 2.6M | AED 3K |
| 04 Dec 2025 | Resale | 1,134 sqft | AED 2.4M | AED 2K |
| 16 Oct 2025 | Resale | 902 sqft | AED 1.6M | AED 2K |
| 27 Jun 2025 | Resale | 706 sqft | AED 1.5M | AED 2K |
| 26 Feb 2025 | Resale | 849 sqft | AED 1.0M | AED 1K |
| 19 Feb 2025 | Resale | 907 sqft | AED 2.3M | AED 2K |
Unit mix
195 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Shop | 10 | - |
| Office | 185 | - |
Payment plan
Payment plans are set by Hamid Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Business Bay, Dubai.
Business Bay
Dubai, United Arab Emirates
Frequently asked questions
Lake Central has already been handed over (Q1 2012), according to Dubai Land Department records.
