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Luxury Family Residence II

A 1 bed in Luxury Family Residence II costs a median AED 1.50M, rents long-let for AED 100,000/yr (7.14% gross), and returns 9.30% short-let at the assumed 80% occupancy — +0.0 pts vs Business Bay's 7.14% and +0.2 pts vs Dubai's 6.98% — from 23 sales and 58 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
11 in 12 months
Rental contracts · 1 bed
53 in 12 months
Buy
1.50MAED
AED 2,235/sqft
Long-let
100,000AED
AED 163/sqft · 7.14%
Short-let
9.30%
AED 607/night · 0.99/sqft

Price per sqft: Median of 11 registered sales of ready units in the last 12 months, most recent June 2026.

Priced off the last 5 sales — most recent June 2026.

Yield spread
+0.0 pts
vs the Business Bay median for this unit type
AED/yr/sqft
AED 163
Sales
23
Rental contracts
58
Renewal rent
AED 85,000/yr
12 months
+0.0%

Based on 23 sales and 58 rental contracts in the last 24 months.

Luxury Family Residence II is an apartment building in Business Bay, Dubai. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2023 to 2026, 464 registered sales in all — the 23 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
StudioAED 75,5001817.11%
-0.5 pts
56
1 bedAED 100,0001637.14%
+0.0 pts
58
2 bedAED 150,0001877.50%
+0.9 pts
13

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Luxury Family Residence II

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
1 bed500m6070.99AED 139,462AED 100,0001.4×9.30%23+
2 bed500m9231.07AED 213,287AED 150,0001.4×10.66%13+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.78 AED/night/sqft; latest Aug 2027, 1.03 AED/night/sqft; peak Mar 2027, 1.17 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Luxury Family Residence II itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

22 resales in the last 12 months, against 75 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
20 Jul 2026Studio447AED 1,006,4682,250
17 Jun 20261 bed627AED 1,400,0002,234
9 Jun 2026Studio439AED 1,062,1152,421
8 Jun 20261 bed627AED 1,200,0001,915

4 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Sept 20261 bed627AED 77,000123New
1 Sept 20261 bed615AED 100,000163Renewal
31 Aug 2026Studio407AED 50,000123New
22 Aug 2026Studio402AED 65,000162New
21 Aug 20261 bed627AED 75,000120New
21 Aug 2026Studio407AED 64,826159Renewal
21 Aug 20261 bed627AED 85,000136Renewal
21 Aug 20261 bed627AED 70,000112Renewal
20 Aug 2026Studio412AED 61,000148New
20 Aug 2026Studio402AED 57,000142New
19 Aug 2026Studio405AED 55,000136New
17 Aug 20261 bed627AED 110,000176New
17 Aug 20262 bed802AED 130,000162New
12 Aug 2026Studio447AED 79,572178New
10 Aug 20261 bed627AED 100,000160New
2 Aug 2026Studio453AED 49,900110New
1 Aug 20261 bed615AED 68,000111New
1 Aug 20262 bed802AED 125,000156New
1 Aug 20261 bed627AED 77,000123New
15 Jul 20261 bed627AED 80,000128New
10 Jul 20261 bed627AED 80,000128New
6 Jul 20261 bed627AED 90,000144New
1 Jul 20261 bed626AED 75,000120New
1 Jul 20261 bed614AED 75,000122New
27 Jun 20261 bed627AED 75,000120New
22 Jun 20261 bed627AED 140,000223New
29 May 20262 bed802AED 128,000160New

27 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
30
Lifts
15
Parking bays
277
Swimming pools
1

Nearby

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Business Bay, on the same figures over the same window.

Common questions

What is the rental yield in Luxury Family Residence II?
Luxury Family Residence II returns 7.14% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 58 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Luxury Family Residence II cost?
The median registered sale price is AED 1.50M (2,441 AED/sqft), from 23 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Luxury Family Residence II selling for right now?
Registered sales of ready units in Luxury Family Residence II over the last 12 months have a median of 2,235 AED/sqft, across 11 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Luxury Family Residence II risen or fallen?
Median price per square foot moved -13.3% over the last 12 months against the 12 before it, on 23 registered sales. On a sample this size, read the direction rather than the exact figure.
Does Luxury Family Residence II earn more short-let than long-let?
A night asks a median of AED 607, which models to 9.30% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 7.14% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Luxury Family Residence II rental record

Record type
Building-level property market record
Data date
Evidence base
58 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/rent/apartments/dubai/business-bay/luxury-family-residence-ii
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Luxury Family Residence II rents and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/luxury-family-residence-ii.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.