Luxury Family Residence II rents
- 115 new leases and 8 renewals in 12 months
- 204 units
- Business Bay
- near Business Bay Metro Station
A one-bed here leases for about AED 95,000 a year, 2% below the typical Business Bay one-bed. New tenants pay more than renewing ones, who pay AED 85,000.
1 bed · typical new lease
95,000AEDa year
AED 152/sqft · -20.8% on a year
- A month, roughly
- AED 7,917
- Renewal
- AED 85,000
- vs Business Bay 1 bed
- 2% below the median
- New leases, 12 months
- 55
What should a lease in Luxury Family Residence II cost?A one-bed leases for about AED 95,000 a year; new tenants pay 11.8% more than renewing ones
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Business Bay median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A one-bed here now costs 20.8% less than a year earlier: AED 95,000 against 120,000.
Chart data, 1 bed: Apr 2025, AED 120,000; latest, Oct 2026, AED 80,443; peak, Apr 2026, AED 152,500.
Showing the 60 most recent of 123 contracts starting on or after 12 Oct 2025.
About Luxury Family Residence IIA 30-floor tower in Business Bay, a 6-minute drive from DIFC
Luxury Family Residence II is an apartment building completed in 2023 in Business Bay. 123 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 30
- Lifts
- 15
- Parking bays
- 277
- Pools
- 1
Drive times · typical
- Downtown
- 8 min · 2.6 km
- DXB Airport
- 15 min · 17 km
- DIFC
- 6 min · 5.9 km
- Dubai Marina
- 18 min · 20 km
- Palm Jumeirah
- 24 min · 24 km
Nearest, as registered
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Letting a unit in Luxury Family Residence II?60% of units here signed a yearly lease in 12 months, above the Business Bay median; new tenants pay more than renewing ones
- Units on a yearly lease
- 60%Strength
- Business Bay median 41%; top tenth from 69%
- New tenant vs renewal
- +8.0%
- New leases AED 88,000, renewals 81,500, all types
- Short-let instead, one-bed
- AED 607
- a night on Airbnb; nets 1.3× the yearly rent at 70% occupancy, after fees, cleaning and utilities
Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement
Thinking of selling? Luxury Family Residence II sale prices →Comparables in Business Bay
Every Business Bay building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Luxury Family Residence II places 12th of 100; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Luxury Family Residence II.
At 1 bed, Luxury Family Residence II ranks 12th of 91 by rent per square foot and 30th of 76 by gross yield in Business Bay.
Market context in Business Bay
Registered sales activity
2,705 ready apartment sales in the 12 months to 2026-10-12.
+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.
Explore sales activityPlanned apartment projects
10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.
10 projects had already passed their planned date; 6 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.
Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.
The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
Nearby in Business Bay
Prices per sq ft around Luxury Family Residence II, on the mapPrices per sq ft around Luxury Family Residence II, on the map
Peninsula Three
Business Bay · 441 contracts, 12 months
100,000
AED a year median · 162/sqft
Prive by DAMAC (A)
Business Bay · 438 contracts, 12 months
75,000
AED a year median · 147/sqft
Prive by DAMAC (B)
Business Bay · 438 contracts, 12 months
75,000
AED a year median · 147/sqft
Noura Tower
Business Bay · 406 contracts, 12 months
135,000
AED a year median · 106/sqft
Ask about Luxury Family Residence II
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Common questions
- What is the registered annual rent for a 1 bedroom in Luxury Family Residence II?
- The median new annual rent is AED 95,000, from 55 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Luxury Family Residence II risen or fallen?
- The median new annual rent changed -20.8% in the trailing 12 months against the previous 12, using 55 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in Luxury Family Residence II pay more than sitting ones?
- A new tenant pays +11.8% against a renewing one, across 5 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
- How many apartments change hands in Luxury Family Residence II?
- 10 sales were registered with the Dubai Land Department in the last 12 months, alongside 55 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Luxury Family Residence II?
- Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
For agents
Send this page to a client as a branded report
Luxury Family Residence II rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 55 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /rent/apartments/dubai/business-bay/luxury-family-residence-ii
Cite as: Dubai Wealth Index. “Luxury Family Residence II rents and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/luxury-family-residence-ii
Stable dataJSON