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Luxury Family Residence III

A 1 bed in Luxury Family Residence III costs a median AED 5.60M — from 3 sales and 0 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
3 in 12 months
Rental contracts · 1 bed
0 in 12 months
Buy
5.60MAED
AED 3,818/sqft
AED/yr/sqft
Sales
3
Rental contracts
0
Short-let listings seen

Based on 3 sales and 0 rental contracts in the last 24 months. Thin sample — treat these figures as indicative.

Luxury Family Residence III is an apartment building in Business Bay, Dubai. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2023 to 2026, 48 registered sales in all — the 3 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
1 bedAED 5.60M38183
3 bedAED 12.20M40641
4+ bedAED 59.12M46462

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.

    Recent transactions

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

    Sales

    Nothing registered in the last 3 months. Try a wider window.

    Rental contracts

    Nothing registered in the last 3 months. Try a wider window.

    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
    22
    Lifts
    6
    Parking bays
    135
    Swimming pools
    1

    Nearby

    Metro
    Burj Khalifa / Dubai Mall 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

    How much does a 1 bedroom in Luxury Family Residence III cost?
    The median registered sale price is AED 5.60M (3,818 AED/sqft), from 3 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
    How many apartments change hands in Luxury Family Residence III?
    3 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.
    Which metro station is closest to Luxury Family Residence III?
    Burj Khalifa / Dubai Mall Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

    Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

    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 III sale record

    Record type
    Building-level property market record
    Data date
    Evidence base
    3 registered sales in the trailing 24 months for the default unit type
    Sources
    Dubai Land Department sale transactions and Ejari rental contracts
    Canonical record
    /sale/apartments/dubai/business-bay/luxury-family-residence-iii
    Method
    Definitions and calculations

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

    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.