Luzora Residences, Palm Deira

    Sold Prices · DLD Data

    Luzora Residences

    Palm Deira, Dubai · Palm Deira

    AED 2,358

    Avg Price / sqft

    AED 2.4M

    Avg Sale Price

    8

    DLD Sales Recorded

    4.1%

    Est. Gross Yield

    Market snapshot

    Luzora Residences — the numbers

    Luzora Residences is a residential building in Palm Deira, Dubai with approximately 108 units. Dubai Land Department records show 8 sales in the building, at an average price of AED 2.4M — around AED 2,358 per square foot.

    Since January 2026, 8 sales completed in Luzora Residences, with the average price per square foot moving from AED 2,272 to AED 1,984 (-12.7%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Palm Deira, a typical unit in Luzora Residences returns an estimated 4.1% gross rental yield before service charges — a useful starting point for investors comparing towers across Palm Deira.

    Figures are from Dubai Land Department transaction records for Luzora Residences; individual units vary by floor, view and finish. Gross yield is estimated against average Palm Deira residential rents, before service charges.

    Price trend

    Price trend in Luzora Residences

    Average sale price per sqft by month since January 2026-12.7%

    2,1042,4652,825Jan 26: AED 2,272/sqft · 4 salesJan 26Mar 26: AED 2,417/sqft · 1 saleMar 26Apr 26: AED 2,945/sqft · 1 saleApr 26May 26: AED 2,431/sqft · 1 saleMay 26Jun 26: AED 1,984/sqft · 1 saleJun 26

    Unit types

    Prices by unit type

    1 Bed

    AED 1.8M

    AED 2,724/sqft

    4 sales · last 12 months

    2 Bed

    AED 3.0M

    AED 1,993/sqft

    4 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    03 Jun 2026Sales21,349AED 2.7MAED 1,984
    22 May 2026Sales1929AED 2.3MAED 2,431
    08 Apr 2026Sales1577AED 1.7MAED 2,945
    23 Mar 2026Sales21,453AED 3.5MAED 2,417
    30 Jan 2026Sales1561AED 1.5MAED 2,679
    26 Jan 2026Sales21,369AED 2.7MAED 1,973
    12 Jan 2026Sales22,003AED 3.2MAED 1,598
    08 Jan 2026Sales1561AED 1.6MAED 2,840

    About the area

    Luzora Residences is in Dubai Islands

    Dubai Islands represents a groundbreaking waterfront community that encompasses five individual islands, strategically designed to elevate the standard of coastal living in Dubai. Spanning an impressive 17 square kilometers, this development caters to families, professionals, and investors, offering a vibrant and connected lifestyle that is both modern and inviting.

    Explore the Dubai Islands area guide

    Nearby

    Other buildings in Palm Deira

    FAQ

    Luzora Residences: frequently asked questions

    What is the average price in Luzora Residences?

    The average recorded sale price in Luzora Residences, Palm Deira is AED 2.4M, around AED 2,358 per square foot, based on Dubai Land Department transaction data.

    Are prices in Luzora Residences going up or down?

    Average sale prices in Luzora Residences have eased -12.7% per square foot since January 2026, across 8 DLD-recorded sales.

    What rental yield can I expect in Luzora Residences?

    Based on average Palm Deira residential rents against sale prices in the building, a typical unit in Luzora Residences yields roughly 4.1% gross per year, before service charges and fees.

    How many properties have sold in Luzora Residences?

    8 sales have been recorded in Luzora Residences according to DLD data, across approximately 108 units.

    Considering Luzora Residences?

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

    WhatsAppCallLive Chat