The Lakes The Lakes - a luxurious residential suburb surrounded by lush landscaping, community parks and some of the best leisure facilities in the city. Kept relatively low-profile, the Lakes has never been up for sale. It was Emaar's very few projects that was only offered for rental. As a result, there were very few issues with the project and tenants have been very happy with their rentals. Are you a tenant in the Lakes? What is it like living there? Have Emaar justified their investment within this project and delivered on their promises? Share your thoughts.