Lucky Residence

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Lucky Aeon
142
Total Units
142
Sold
AED 880,000
Median Price
AED 1,100
Median Price /sqft
Construction progress: 100%
Start: May, 2020Completion: Aug, 2022

Lucky Residence Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio16390 sqft - 450 sqftAED 1,720 /sqft
0
1 Bed94730 sqft - 870 sqftAED 0.9M (1,190 /sqft)AED 1,430 /sqft
-16.22
2 Beds281,110 sqft - 1,400 sqftAED 1.3M (1,050 /sqft)AED 1,310 /sqft
-19.73
3 Beds31,880 sqft - 2,540 sqftAED 1,440 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
1Apartment, 1031816 sqft13.4 sqft Check Availability
1Apartment, 1041808 sqft13.6 sqft Check Availability
1Apartment, 1051815 sqft13.52 sqft Check Availability
1Apartment, 1061822 sqft13.64 sqft Check Availability
1Apartment, 1071815 sqft13.55 sqft Check Availability
1Apartment, 1091748 sqft8.28 sqft Check Availability
1Apartment, 1101753 sqft8.34 sqft Check Availability
1Apartment, 1111735 sqft8.28 sqft Check Availability
1Apartment, 1121753 sqft8.34 sqft Check Availability
1Apartment, 1141836 sqft16.19 sqft Check Availability
2Apartment, 10111,355 sqft26.22 sqft Check Availability
2Apartment, 10211,382 sqft33.6 sqft Check Availability
2Apartment, 10811,380 sqft33.07 sqft Check Availability
2Apartment, 11311,401 sqft33.55 sqft Check Availability
3Apartment, 1001101,878 sqft30.54 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
No data found

Lucky Residence Real Estate Data – FAQ

  • What is the current property supply in Lucky Residence?

    Lucky Residence has a total residential supply of approximately 69 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Lucky Residence?

    Lucky Residence recorded 11 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Lucky Residence?

    The median transaction price in Lucky Residence is AED 1,140 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Lucky Residence?

    The gross rental yield in Lucky Residence is approximately 9%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Lucky Residence?

    Property prices in Lucky Residence have shown a capital appreciation of 3% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Lucky Residence?

    There are currently 0 active off-plan projects in Lucky Residence, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Lucky Residence?

    The total off-plan pipeline in Lucky Residence includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is Lucky Residence a good area for property investment?

    Lucky Residence is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Lucky Residence, this is %, indicating relatively strong income performance compared to global markets.

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