Nagin Lake is also called as the 'Jewel in the Ring', which is situated on the backdrop of the Dal Lake. There is a narrow causeway separating this Nagin Lake and the Dal Lake, where tourists can spot numerous houseboats and Shikaras. It is an isolated lake as compared to Dal Lake, which has less polluted and deep that is suitable for swimming.
Water skiing facilities and fibreglass sailing boats are also available at this lake. There is a Nagin Club situated on the banks of this lake, which has a tea pavilion and a bar. The ideal time for travelling to this lake is from June to August.