New homes in Lateral One start at AED 650,000; keys are due Dec 2026; you pay 10% to book, 20% while it is built and 70% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 1,814 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai Land Residence Complex. Their median price is AED 1,582 per sq ft (about AED 696,000 at 440 sq ft). This project's from price is AED 1,477 per sq ft (AED 650,000 for its smallest home, 440 sq ft), 7% less.
Keys
Dec 2026
The developer's handover date
Payment plan
10 / 20 / 70
10% to book, 20% while it is built, 70% at the keys
Bedrooms
Studio to 2 beds
Sizes
440 to 2,816 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 1,477 per sq ft
Similar off-plan homes: AED 1,582 per sq ft
RERA project
4086
Check it in Dubai REST, the Dubai Land Department's official app.
Built
31%
Waiting to start. DLD register, Jun 12, 2026
Completion on the register
Dec 2026
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك الفجيره الوطنى ش م ع
The bank that holds your payments
Paying for it
You pay 10% when you book, 20% as the building goes up, and 70% when you get the keys.
AED
When
Stage
Share
Amount
When you book
Booking
10%
AED 65,000
As it is built
While it is built
20%
AED 130,000
At the keys (Dec 2026)
Keys
70%
AED 455,000
Booking payment, 10%
AED 65,000
Dubai Land Department fee (Oqood), 4%
AED 26,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 91,000
The handover date (Dec 2026) is too close or already past to estimate the dates. Ask us for the developer's current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Buildings in this area paid a median of AED 13 per sq ft a year in 2023, from 8 buildings on the Dubai Land Department register. For the smallest home (440 sq ft) that is about AED 6,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 1,814 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai Land Residence Complex, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in LATERAL ONE sold in 24 months, so we compare with off-plan sales across Dubai Land Residence Complex.
Dubai Land Department recorded 1,814 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai Land Residence Complex, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,582 per sq ft
AED 885 to AED 1,028 per sq ft
26 sales
AED 1,028 to AED 1,171 per sq ft
34 sales
AED 1,171 to AED 1,314 per sq ft
155 sales
AED 1,314 to AED 1,458 per sq ft
262 sales
AED 1,458 to AED 1,601 per sq ft
496 sales
This project's from price is in this band.
AED 1,601 to AED 1,744 per sq ft
494 sales
AED 1,744 to AED 1,887 per sq ft
299 sales
AED 1,887 to AED 2,030 per sq ft
48 sales
AED 885 per sq ftAED 2,030 per sq ft
This project AED 1,477 per sq ft
Half of the sales sold for AED 1,449 to AED 1,707 per sq ft
The median is the middle sale: half sold for less, half for more.
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Price per sq ft
Sales
AED 885 to AED 1,028 per sq ft
26
AED 1,028 to AED 1,171 per sq ft
34
AED 1,171 to AED 1,314 per sq ft
155
AED 1,314 to AED 1,458 per sq ft
262
AED 1,458 to AED 1,601 per sq ft
496
AED 1,601 to AED 1,744 per sq ft
494
AED 1,744 to AED 1,887 per sq ft
299
AED 1,887 to AED 2,030 per sq ft
48
The 3 closest sales
Picked from the 1,814 similar sales above, closest in size to this project's smallest home.
Jan 2026AED 699,555AED 1,590 per sq ftSamana Boulevard Heights, 440 sq ft
Feb 2026AED 729,934AED 1,658 per sq ftSamana Parkville, 440 sq ft
Jan 2026AED 787,666AED 1,789 per sq ftSamana Parkville, 440 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Land Residence Complex in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 650,000 here
Off-plan medianAED 700,000AED 1,629 per sq ft
Sales3,041
7% below 1,814 similar sales
1-bed apartment
Off-plan medianAED 1,099,000AED 1,376 per sq ft
Sales2,718
2-bed apartment
Off-plan medianAED 1,578,000AED 1,269 per sq ft
Sales1,102
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
6.2%
Typical for similar ready homes
9.4%
Median rent of studio apartments in Dubai Land Residence Complex
AED 40,000 a year
Rent contracts counted
983
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 40,000 a year
1-bed apartment
AED 56,000 a year
2-bed apartment
AED 74,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 40,000 ÷ AED 650,000 = 6.2%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Gems First Point School (The Villa)950 m, 15 min walkSchool
GEMS Wellington Academy2.5 km, 9 min driveBritish school
Indian International School2.1 km, 8 min driveIndian school
Lateral One by Aqua Properties starts at AED 650,000, and its from price per square foot is 6.6% below 1,814 similar studio sales in Dubai Land Residence Complex. This low-rise block of studios to two-bedroom apartments has a listed handover of December 2026, and 70% of the price is due on handover.
The from price per square foot is 6.6% below 1,814 similar studio sales in Dubai Land Residence Complex, registered with the Dubai Land Department in the 12 months to October 2026. Those are area sales, not sales in this building.
The plan is 10% on booking, 20% during construction and 70% on handover. At the from price that is AED 65,000, then AED 130,000, then AED 455,000. The 4% Land Department fee is 4% of the price and adds AED 26,000. The listed handover is December 2026, next month, so ask about the completion certificate and when the final payment will be called.
Homes range from studios to two bedrooms. The listing gives 440 to 2,816 sq ft, but the developer's description puts two-bedroom homes at about 1,334 sq ft, while the listing's range runs to 2,816 sq ft. Ask for the floor plans and the exact size of your unit. Shared facilities include a gym, a pool, a kids' pool, a play area, covered parking and round-the-clock security, and homes have balconies.
The Wadi Al Safa Medical Center is about 310 m away. Gems First Point School (The Villa) is about 940 m, around 3 minutes by car, and GEMS Wellington Academy about 2.5 km (9 minutes). Creek Metro Station is about 14.0 km away, roughly 19 minutes' drive, and Business Bay about 20 minutes by car.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
Studio
1 BR
2 BR
How prices moved
Median price of studio apartments in Dubai Land Residence Complex, over the 12 months to each dateUp 17% from Dec 2024 to Sep 2026.
Dec 2024AED 1,389 per sq ft
Sep 2026AED 1,629 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,629 per sq ft
3,041 sales
Jun 2026
AED 1,634 per sq ft
3,565 sales
Mar 2026
AED 1,617 per sq ft
3,650 sales
Dec 2025
AED 1,589 per sq ft
3,515 sales
Sep 2025
AED 1,546 per sq ft
3,109 sales
Jun 2025
AED 1,492 per sq ft
2,778 sales
Mar 2025
AED 1,435 per sq ft
2,326 sales
Dec 2024
AED 1,389 per sq ft
1,550 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
How does Lateral One's price compare with the area?
The from price per square foot is 6.6% below 1,814 similar studio sales in Dubai Land Residence Complex over the 12 months to October 2026.
How much is due on handover?
70% of the price, which is AED 455,000 at the from price. Before that you pay AED 65,000 on booking and AED 130,000 during construction, and the 4% Land Department fee adds AED 26,000.
When is handover?
The listed handover is December 2026, which is due soon. Ask about the completion certificate and handover status before you book.
How big are the two-bedroom homes?
The developer's description gives about 1,334 sq ft, but the listing's range goes up to 2,816 sq ft. Ask for the floor plans and the exact size.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold, so foreign buyers can own outright.
Is there a school close by?
Gems First Point School (The Villa) is about 940 m away, around 3 minutes by car.
