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Flamingo Lux Residence

A 1 bed in Flamingo Lux Residence costs a median AED 1.46M.

Satellite view of Flamingo Lux Residence, Meydan, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

1 bed · typical price

1.46MAED

AED 2,100/sqft

vs Meydan
4% below the median
Cost to buy, all inAED 1.55M
Price
AED 1.46M
DLD fee 4%
AED 58,433
Agent 2% + VAT
AED 30,677
Trustee
AED 4,200

Against this building’s registered sales of the same type.

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Is Flamingo Lux Residence a good investment?Easy to sell and little new supply nearby; few units are let; no record of the yield and the rent trend

  1. Does it pay a good rent?Too few leases or sales to divide one by the otherNo record
  2. Is it easy to let?22% of units signed a yearly lease in 12 months; the typical Meydan building manages 35%22%Watch
    Meydan median 35% · top tenth from 88%Flamingo Lux Residence · 22%

    Across 10 Meydan buildings with 40 or more units, the median signed annual leases on 35% of units in 12 months and the top tenth on 88% or more; Flamingo Lux Residence is at 22%.

  3. Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
  4. How fast do fees pay back?AED 93,310 in fees to buy a 1 bed: DLD 4%, agent 2% plus VAT, trusteeAED 93,310
  5. Can I sell easily?16 sales in 12 months, 32% of the tower (0 the year before)16Strength
  6. Is a lot being built nearby?316 apartments are planned in Meydan from 2026 to 2028, equal to 17% of the 1,848 homes let there today. Meydan supply by year →17%Strength

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Flamingo Lux Residence prices and rents by unit typeA one-bed costs about AED 1.46M

TypeMedian priceGross yieldNew rent12-month changeSales
1 bed11 units · 794 sqftAED 1.46M2,100/sqftunder 5 contractsunder 5 contractsno prior year6
2 bed21 units · 1,361 sqftAED 2.46M2,010/sqftunder 5 contractsunder 5 contractsno prior year6
3 bed18 units · 1,958 sqftAED 4.01M2,078/sqftunder 5 contractsunder 5 contractsunder 5 sales in a year4
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Meydan · area median AED 2,190/sqft

Rank by price per sqft
14th of 25

Rental income

1 bed · Meydan

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid by year, 1 bed, with fainter bars resting on fewer sales. Too few monthly records in Flamingo Lux Residence to draw an honest monthly line.

Chart data, 1 bed: 2026, AED 1,460,813; latest, 2026, AED 1,460,813; peak, 2026, AED 1,460,813.

DateTypeSqftPriceAED/sqft
17 Sept 20262 bed1,670AED 3,698,3812,215
21 Aug 20262 bed1,158AED 2,499,8402,160
5 Aug 20263 bed1,777AED 3,700,0002,082
29 Jul 20262 bed1,094AED 2,111,2001,930
13 Jul 20262 bed1,095AED 1,985,5001,813
8 Jul 20261 bed696AED 1,462,0622,100
8 Jul 20263 bed2,286AED 4,740,0002,073
7 Jul 20263 bed1,958AED 4,307,0282,200
19 Jun 20262 bed1,650AED 2,840,0001,721
18 Jun 20263 bed1,853AED 3,706,8802,000

16 resales in the last 12 months.

Short-term rates around Flamingo Lux Residence

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

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
2 bed500 m cluster · 1+ listings seen9000.74/sqftAED 173,785AED 95,0001.8×7.1%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Meydan

Every Meydan building with a page, ranked by price per sqft over the same 12 months, all unit types. Flamingo Lux Residence places 15th of 36; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
11Emerge Residences by Elysian0% · Q4 2027 · off-plan 2,251/sqftAED 2.14M2,251+7.9%——47
12Woodland Crest By AMIS0% · Q2 2027 · off-plan 2,253/sqftAED 1.55M2,236+7.2%7.6%-2.3%14
13Saddlewood Park0% · Q3 2027 · off-plan 2,187/sqftAED 2.54M2,187+4.8%4.7%—17
14ARTHOUSE RESIDENCES TOWER A by AVIAAN0% · Q4 2027 · off-plan 2,177/sqftAED 1.61M2,177+4.3%4.3%—16
15Flamingo Lux Residence · this buildingCompleted 2026AED 2.26M2,086——16
16Rabdan Squareoff-plan 2,047/sqftAED 1.70M2,047-1.9%——4
17Vedaire Residences0% · Q1 2028 · off-plan 2,017/sqftAED 1.64M2,025-2.9%7.0%—17
18Sukoon by Nuri47% · Q4 2026 · off-plan 1,937/sqftAED 1.57M1,937-7.2%4.8%—36
19The 100 - 1Completed 2025 · off-plan 1,748/sqftAED 2.29M1,902-8.8%5.9%—3

Rank 1 is the dearest per square foot. Differences are against Flamingo Lux Residence (AED 2,086/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Flamingo Lux Residence has registered sale prices 4% below the Meydan median price per square foot of 2,190 AED, across 25 eligible buildings. It ranks 14th of 25 by price per square foot in Meydan.

Market context in Meydan

Registered sales activity

173 ready apartment sales in the 12 months to 2026-10-12.

+9.3% in median AED/sqft versus the preceding year, supported by 173 current and 234 prior price observations.

Explore sales activity

Planned apartment projects

88 known registered units across 2 pending projects planned within one year of the 2026-07-06 register.

0 projects had already passed their planned date; 0 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

316 apartments are planned in Meydan from 2026 to 2028, equal to 17% of the 1,848 homes let there today.

New-lease rents fell in 47% of 15 buildings (counted once per bedroom type) with leases in both years; the typical one moved 0.0%.

How these are counted
Find service-charge budget evidence for Flamingo Lux Residence

Direct 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.

About Flamingo Lux Residence

Flamingo Lux Residence is an apartment building completed in 2026 in Meydan. 16 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors
6
Lifts
3
Parking bays
75
Pools
1

Drive times · typical

Downtown
16 min · 11 km
DXB Airport
16 min · 17 km
DIFC
13 min · 14 km
Dubai Marina
22 min · 24 km
Palm Jumeirah
28 min · 28 km

Nearest, as registered

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Flamingo Lux Residence: AED 2,086 per sq ft, 9% above the median Meydan building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Flamingo Lux ResidenceAED 2,086
  2. Meydan, readyAED 1,590
  3. Meydan, off-planAED 3,545
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Upcoming supply in Meydan, by handover quarter

Nearby in Meydan

Every building in Meydan →
Prices per sq ft around Flamingo Lux Residence, on the map
Pills show median sale price, AED. 25 buildings pinned from Google place records and Apple geocoding · Flamingo Lux Residence is the inverted pinOpen in Apple Maps
Satellite view of The Polo Residence - A3, Meydan, Dubai, centred on its registered pin. Apple Maps.

The Polo Residence - A3

Meydan · 60 sales, 12 months

1.83M

AED, resale median · 1,475/sqft

Satellite view of Sukoon by Nuri, Meydan, Dubai, centred on its registered pin. Apple Maps.

Sukoon by Nuri

Meydan · 36 sales, 12 months

1.57M

AED, resale median · 1,937/sqft

Vedaire Residences

Meydan · 17 sales, 12 months

1.64M

AED, resale median · 2,025/sqft

Satellite view of Saddlewood Park, Meydan, Dubai, centred on its registered pin. Apple Maps.

Saddlewood Park

Meydan · 17 sales, 12 months

2.54M

AED, resale median · 2,187/sqft

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Flamingo Lux Residence’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
—
4.5% over 25 years
Monthly rent
—
Cash needed at purchase
—

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Common questions

What is the rental yield in Flamingo Lux Residence?
No gross yield is published for Flamingo Lux Residence as of 2026-10-12: fewer than 5 new Ejari contracts were registered in the last 12 months. In the last 12 months it had 6 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Meydan median is 6.5% gross.
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 12 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 12 months have a median of 2,100 AED/sqft, across 6 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
How many apartments change hands in Flamingo Lux Residence?
6 sales were registered with the Dubai Land Department in the last 12 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.

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Flamingo Lux Residence sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
6 registered sales 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
/sale/apartments/dubai/meydan/flamingo-lux-residence
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Flamingo Lux Residence sale prices and yield.” Meydan, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/meydan/flamingo-lux-residence

Stable dataJSON