Lusin Residences By Ermax Development, Al Warsan First

    Sold Prices · DLD Data

    Lusin Residences By Ermax Development

    Al Warsan First, Dubai · International City Phase 1

    AED 1,259

    Avg Price / sqft

    AED 559K

    Avg Sale Price

    4

    DLD Sales Recorded

    5.9%

    Est. Gross Yield

    Market snapshot

    Lusin Residences By Ermax Development — the numbers

    Lusin Residences By Ermax Development is a residential building in Al Warsan First, Dubai with approximately 57 units. Dubai Land Department records show 4 sales in the building, at an average price of AED 559K — around AED 1,259 per square foot.

    Since February 2026, 4 sales completed in Lusin Residences By Ermax Development, with the average price per square foot moving from AED 1,269 to AED 1,246 (-1.8%). Prices have held broadly steady, a sign of a balanced market in the tower.

    Benchmarked against average residential rents in Al Warsan First, a typical unit in Lusin Residences By Ermax Development returns an estimated 5.9% gross rental yield before service charges — a useful starting point for investors comparing towers across Al Warsan First.

    Figures are from Dubai Land Department transaction records for Lusin Residences By Ermax Development; individual units vary by floor, view and finish. Gross yield is estimated against average Al Warsan First residential rents, before service charges.

    Price trend

    Price trend in Lusin Residences By Ermax Development

    Average sale price per sqft by month since February 2026-1.8%

    1,2361,2601,284Feb 26: AED 1,269/sqft · 1 saleFeb 26Mar 26: AED 1,288/sqft · 1 saleMar 26Apr 26: AED 1,232/sqft · 1 saleApr 26May 26: AED 1,246/sqft · 1 saleMay 26

    Unit types

    Prices by unit type

    Studio

    AED 430K

    AED 1,268/sqft

    3 sales · last 12 months

    1 Bed

    AED 947K

    AED 1,232/sqft

    1 sale · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    07 May 2026Sales0339AED 423KAED 1,246
    01 Apr 2026Sales1769AED 947KAED 1,232
    17 Mar 2026Sales0339AED 437KAED 1,288
    27 Feb 2026Sales0339AED 430KAED 1,269

    About the area

    Lusin Residences By Ermax Development is in International City Dubai

    International City Dubai is a diverse and dynamic mixed-use community located in the Al Warsan area, developed by a consortium of prominent developers including Danube Properties and Nakheel. This community is designed to cater to a wide range of residents, particularly those seeking affordable housing options, fostering a vibrant urban living experience that promotes a strong sense of community and belonging.

    Explore the International City Dubai area guide

    Nearby

    Other buildings in Al Warsan First

    FAQ

    Lusin Residences By Ermax Development: frequently asked questions

    What is the average price in Lusin Residences By Ermax Development?

    The average recorded sale price in Lusin Residences By Ermax Development, Al Warsan First is AED 559K, around AED 1,259 per square foot, based on Dubai Land Department transaction data.

    Are prices in Lusin Residences By Ermax Development going up or down?

    Average sale prices in Lusin Residences By Ermax Development have eased -1.8% per square foot since February 2026, across 4 DLD-recorded sales.

    What rental yield can I expect in Lusin Residences By Ermax Development?

    Based on average Al Warsan First residential rents against sale prices in the building, a typical unit in Lusin Residences By Ermax Development yields roughly 5.9% gross per year, before service charges and fees.

    How many properties have sold in Lusin Residences By Ermax Development?

    4 sales have been recorded in Lusin Residences By Ermax Development according to DLD data, across approximately 57 units.

    Considering Lusin Residences By Ermax Development?

    Get honest, DLD-backed guidance on pricing, yields and availability in Al Warsan First from Binayah's advisors — no pressure, just the numbers.

    WhatsAppCallLive Chat