Dubai project data
Luxury Family Residence II: rents and rent contracts
II لوكجري فاميلي ريزيدنس
Registered sales and rent contracts for the project Luxury Family Residence II in Business Bay, from Dubai Land Department open data.
Luxury Family Residence II (Business Bay): 134 registered rent contracts in the 12 months to September 2026, median annual rent AED 90,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.
Key figures, last 12 months
Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026
- Median sale price
- AED 1.3m
- Off-plan share of sales
- under 3
- Median annual rent
- AED 90,000
- Gross rental yield
- under 30 sales (23)
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
Registered mortgage transactions only, without interest rates and without lenders.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Off-plan and ready sales in Luxury Family Residence II
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 23 | AED 2,264 per sq ft | 2,178 – 2,430 |
Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Rents and rental yield in Luxury Family Residence II
- Median annual rent per sq ft
- AED 163 per sq ft
- Gross rental yield
- under 30 sales (23)
The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index
Too few ready apartment sales for a gross rental yield: 23 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price per sq ft and rents by unit type in Luxury Family Residence II
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| Studio | 9 | AED 2,264 per sq ft | AED 75,000 | under 30 sales (9) |
| 1 bedroom | 11 | AED 2,235 per sq ft | AED 100,000 | under 30 sales (11) |
| 2 bedrooms | 3 | AED 2,321 per sq ft | AED 130,000 | under 30 sales (3) |
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price trend in Luxury Family Residence II
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Feb 2025 | 3 | AED 2,441 per sq ft | under 3 |
| Mar 2025 | 4 | AED 2,601 per sq ft | under 3 |
| Jul 2025 | 4 | AED 2,522 per sq ft | under 3 |
| Aug 2025 | under 3 | under 3 | 7 |
| Sep 2025 | under 3 | under 3 | 13 |
| Oct 2025 | 6 | AED 2,235 per sq ft | 22 |
| Nov 2025 | 3 | AED 2,321 per sq ft | 16 |
| Dec 2025 | 5 | AED 2,264 per sq ft | 9 |
| Jan 2026 | under 3 | under 3 | 11 |
| Feb 2026 | under 3 | under 3 | 11 |
| Mar 2026 | 3 | AED 2,430 per sq ft | 5 |
| Apr 2026 | under 3 | under 3 | 6 |
| May 2026 | under 3 | under 3 | 4 |
| Jun 2026 | 3 | AED 2,234 per sq ft | under 3 |
| Jul 2026 | under 3 | under 3 | 5 |
| Aug 2026 | under 3 | under 3 | 21 |
| Sep 2026 | under 3 | under 3 | 22 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2023 | 158 | AED 2,563 per sq ft |
| 2024 | 37 | AED 2,459 per sq ft |
| 2025 | 30 | AED 2,495 per sq ft |
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Location
Luxury Family Residence II is a project in the DLD area Business Bay.
Names as in the registered transactions and rent contracts; company names are not shown.
More projects in Business Bay
- VERA TOWER 382 registered transactions and rent contracts in 12 months.
- Downtown Residences 364 registered transactions and rent contracts in 12 months.
- MAG 318 289 registered transactions and rent contracts in 12 months.
- WINDSOR MANOR 265 registered transactions and rent contracts in 12 months.
- MARQUISE SQUARE TOWER 247 registered transactions and rent contracts in 12 months.
- THE COSMOPOLITAN 219 registered transactions and rent contracts in 12 months.
Questions about Luxury Family Residence II
- How many sales were registered in Luxury Family Residence II?
- 23 sales were registered in Luxury Family Residence II in Oct 2025 – Sep 2026.
- What is the median price per sq ft in Luxury Family Residence II?
- The median price of registered sales in Luxury Family Residence II was AED 2,264 per sq ft in Oct 2025 – Sep 2026.
- What is the median annual rent in Luxury Family Residence II?
- The median annual rent of registered rent contracts in Luxury Family Residence II was AED 90,000 in Oct 2025 – Sep 2026.
- Which DLD area is Luxury Family Residence II in?
- Luxury Family Residence II is registered in the Dubai Land Department area Business Bay.
Method and source
All Dubai projects with figuresAll Dubai areasHow these figures are calculated
Figures based on fewer than 3 records are not shown.
Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.
Open data portal: data.dubai · Licence: Dubai Open Data Licence
- Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae