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Lake Teracce

     
Imagine a wide expanse of lakes and lush greenery in the affluent Jumeirah locale. Amidst the scenic splendour towers a collage of the most modern and luxurious private castles.

A marvel of contemporary architecture, this high rise tower overlooks a picturesque man-made lake, incorporating extensive recreational parks and lawned areas, and a dazzling variety of flora and fauna that breathe life to the view.

Besides the on-site restaurants, retail outlets and children's creche, a huge infinity swimming pool, fully equipped gymnasium and health facilities provide ample scope to satisfy your passion for recreation, sport and excercise.

Lake Terrace is situated in close proximity to some of Dubai's Landmark sporting, leisure and recreational facilities.

DAMAC will assist purchasers in obtaining mortgage finance from participating financial institutions at their prevailing policy, terms and conditions as these relate to the project.

Registered purchases of Lake Terrace apartments will be entitled to a Residence Visa to be issued by the relevant Dubai Authorities under their standard conditions.

In terms of the convenient payment structure established by DAMAC, the revenue attained from the common-hold area will contribute towards the maintenance cost of the building contaning expenses at AED 4 per square feet per annum for the first 3 years.

The purchase price can be settled in easy instalments:

  • 15 % - deposit on signature
  • 15% - 30 days after signature
  • 10% - end of piling
  • 10% - floor 10 complete
  • 10% - floor 20 complete
  • 10% - floor 30 complete
  • 15% - completion of structure
  • 15% - occupation of apartment