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 6.97% — 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
- 7.14%
- AED 100,000/yr
- 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
- -13.3%
- 3 years
- -11.5%-4.0%/yr
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.
Price history
Every recorded sale in Luxury Family Residence II, by year.
Chart data: Jan 2023, 2606 AED/sqft; latest, Jul 2026, 2242 AED/sqft; peak, Sep 2024, 2755 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed
How these yields are computed
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
Nightly rate per sqft through the year
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
Off-plan vs resale
Units sold off-plan in Luxury Family Residence II between 2023 and 2025 went for a median of AED 2,577/sqft (AED 1.38M). The same building resells today at AED 2,441/sqft (AED 1.38M) — an uplift of -5.9%.
Based on 206 off-plan sales across the building's full history.
Why this uses the full history
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
4 resales in the last 3 months.
Rental contracts
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.
- Highest rental yields in Business Bay · Luxury Family Residence II places 30th of 84
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.
Luxury Family Residence II sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 23 registered sales 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
- /sale/apartments/dubai/business-bay/luxury-family-residence-ii
Cite as: Dubai Wealth Index. “Luxury Family Residence II sale prices and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/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.