Luxury Family Residence Ii, Business Bay

    Sold Prices · DLD Data

    Luxury Family Residence Ii

    Business Bay, Dubai · Business Bay

    AED 2,325

    Avg Price / sqft

    AED 1.2M

    Avg Sale Price

    8

    DLD Sales Recorded

    5.5%

    Est. Gross Yield

    Market snapshot

    Luxury Family Residence Ii — the numbers

    Luxury Family Residence Ii is a residential building in Business Bay, Dubai with approximately 205 units. Dubai Land Department records show 8 sales in the building, at an average price of AED 1.2M — around AED 2,325 per square foot.

    Since March 2026, 8 sales completed in Luxury Family Residence Ii, with the average price per square foot moving from AED 2,535 to AED 2,250 (-11.2%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Business Bay, a typical unit in Luxury Family Residence Ii returns an estimated 5.5% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.

    Figures are from Dubai Land Department transaction records for Luxury Family Residence Ii; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.

    Price trend

    Price trend in Luxury Family Residence Ii

    Average sale price per sqft by month since March 2026-11.2%

    2,2232,3572,490Mar 26: AED 2,535/sqft · 3 salesMar 26Apr 26: AED 2,178/sqft · 1 saleApr 26Jun 26: AED 2,190/sqft · 3 salesJun 26Jul 26: AED 2,250/sqft · 1 saleJul 26

    Unit types

    Prices by unit type

    Studio

    AED 1.1M

    AED 2,420/sqft

    5 sales · last 12 months

    1 Bed

    AED 1.4M

    AED 2,168/sqft

    3 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    17 Jul 2026Sales0447AED 1.0MAED 2,250
    16 Jun 2026Sales1627AED 1.4MAED 2,234
    09 Jun 2026Sales0439AED 1.1MAED 2,421
    05 Jun 2026Sales1627AED 1.2MAED 1,915
    01 Apr 2026Sales0436AED 950KAED 2,178
    13 Mar 2026Sales1626AED 1.5MAED 2,355
    13 Mar 2026Sales0453AED 1.1MAED 2,430
    10 Mar 2026Sales0447AED 1.3MAED 2,820

    About the area

    Luxury Family Residence Ii is in Business Bay

    Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.

    Explore the Business Bay area guide

    Nearby

    Other buildings in Business Bay

    FAQ

    Luxury Family Residence Ii: frequently asked questions

    What is the average price in Luxury Family Residence Ii?

    The average recorded sale price in Luxury Family Residence Ii, Business Bay is AED 1.2M, around AED 2,325 per square foot, based on Dubai Land Department transaction data.

    Are prices in Luxury Family Residence Ii going up or down?

    Average sale prices in Luxury Family Residence Ii have eased -11.2% per square foot since March 2026, across 8 DLD-recorded sales.

    What rental yield can I expect in Luxury Family Residence Ii?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Luxury Family Residence Ii yields roughly 5.5% gross per year, before service charges and fees.

    How many properties have sold in Luxury Family Residence Ii?

    8 sales have been recorded in Luxury Family Residence Ii according to DLD data, across approximately 205 units.

    Considering Luxury Family Residence Ii?

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

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