How much does a 1 bedroom in Flamingo Lux Residence cost?

The median registered sale price is AED 1.46M (2,100 AED/sqft), from 6 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Flamingo Lux Residence selling for right now?

Registered sales of ready units in Flamingo Lux Residence over the last 3 months have a median of 2,100 AED/sqft, across 6 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.

How many apartments change hands in Flamingo Lux Residence?

6 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 Flamingo Lux Residence?

Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

Flamingo Lux Residence — sale prices & yield

Buy: 1.46MAED; AED 2,100/sqft

Price per sqft: Median of 6 registered sales of ready units in the last 3 months, most recent July 2026.

AED/yr/sqft: —
Sales: 6
Rental contracts: 0
Short-let listings seen: —

Based on 6 sales and 0 rental contracts in the last 24 months.

Flamingo Lux Residence is an apartment building in Meydan, 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 2026 to 2026, 30 registered sales in all — the 6 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Flamingo Lux Residence, by year.

Median AED per sqft by year, with fainter bars resting on fewer sales. Too few monthly records here to draw an honest monthly line.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
1 bed	AED 1.46M	2100	—	—	6
2 bed	AED 2.42M	1930	—	—	5
3 bed	AED 4.01M	2078	—	—	4

Deltas compare each yield with the Meydan 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 Flamingo Lux Residence

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”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
2 bed500m	900	0.72	AED 201,044	—	—	8.31%	1+

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 Flamingo Lux Residence itself had too few listings of that type to measure.

Recent transactions

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

Sales

Date	Type	Sqft	Price	AED/sqft
21 Aug 2026	2 bed	1,158	AED 2,499,840	2,160
5 Aug 2026	3 bed	1,777	AED 3,700,000	2,082
29 Jul 2026	2 bed	1,094	AED 2,111,200	1,930
13 Jul 2026	2 bed	1,095	AED 1,985,500	1,813
8 Jul 2026	3 bed	2,286	AED 4,740,000	2,073
8 Jul 2026	1 bed	696	AED 1,462,062	2,100
7 Jul 2026	3 bed	1,958	AED 4,307,028	2,200
19 Jun 2026	2 bed	1,650	AED 2,840,000	1,721
18 Jun 2026	1 bed	646	AED 1,162,314	1,800
18 Jun 2026	3 bed	1,853	AED 3,706,880	2,000
17 Jun 2026	1 bed	696	AED 1,173,670	1,686
17 Jun 2026	1 bed	798	AED 1,764,047	2,212
11 Jun 2026	2 bed	1,157	AED 2,418,610	2,090
10 Jun 2026	1 bed	695	AED 1,459,563	2,100
9 Jun 2026	1 bed	695	AED 1,540,502	2,216

15 resales in the last 3 months.

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: 6
Lifts: 3
Parking bays: 75
Swimming pools: 1

Nearby

Metro: Business Bay Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Compare with nearby buildings

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

Common questions

How much does a 1 bedroom in Flamingo Lux Residence cost?: The median registered sale price is AED 1.46M (2,100 AED/sqft), from 6 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Flamingo Lux Residence selling for right now?: Registered sales of ready units in Flamingo Lux Residence over the last 3 months have a median of 2,100 AED/sqft, across 6 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.
How many apartments change hands in Flamingo Lux Residence?: 6 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 Flamingo Lux Residence?: Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

Flamingo Lux Residence