Completed hotel and office façades on Al Ohood Street in Business Bay. Area context, not a photograph of Luxury Family Residence III.

Area view, not a building-specific photograph

Luxury Family Residence III, Dubai

Business BayMostly off-plan sales

Homes sold for a median AED 3,906 per sq ft. There were 22 sales in the last 5 years.

Mostly off-plan sales in Business Bay. A typical 2-bedroom home sold for AED 9,600,000.

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Photo: Cpt Burah / Unsplash

Median sold price
AED 3,906
Per sq ft, 5 years to 5 Oct 2026
Last sale
16 Jan 2026
Registered sales
22
5 years
Lowest recent sale
AED 4,650,000
Recent sales shown below
Typical price
1BRAED 5.13M2BRAED 9.6M3BRAED 13.2M
Rounded registered medians, the last 5 years to 5 Oct 2026

Price per sq ft over five years

Median sold price in each 12-month period to the month shown. Gaps mean fewer than 3 sales that year.

Luxury Family Residence III3,818Last recorded: 12 months to Oct 2026

Business Bay median2,492Last recorded: 12 months to Oct 2026

Luxury Family Residence III median AED per sq ft, year by yearSale figures only. Gaps mark missing values. See the table below for exact figures.7801,5602,3413,1213,9014,68120222023202420252026Luxury Family Residence III: 3,875, 12 months to Oct 2023Luxury Family Residence III: 3,901, 12 months to Oct 2024Luxury Family Residence III: 3,818, 12 months to Oct 2026Business Bay median: 1,662, 12 months to Oct 2022Business Bay median: 2,119, 12 months to Oct 2023Business Bay median: 2,319, 12 months to Oct 2024Business Bay median: 2,454, 12 months to Oct 2025Business Bay median: 2,492, 12 months to Oct 20263,818

Exact registered values are available in the data table below.

Luxury Family Residence III: 3 periods with values of 5 labelled periods.Business Bay median: 5 periods with values of 5 labelled periods. Missing values break the line; they are not treated as zero.
View chart data
Luxury Family Residence III median AED per sq ft, year by year
PeriodLuxury Family Residence IIIBusiness Bay median
12 months to Oct 2022Not reported1,662
12 months to Oct 20233,8752,119
12 months to Oct 20243,9012,319
12 months to Oct 2025Not reported2,454
12 months to Oct 20263,8182,492

Source: Land Department open data, 5 Oct 2026. Prices describe homes sold, not a valuation.

The chart compares the same rolling annual periods. A percentage discount is withheld when the building and area aggregate medians use different sale windows.

By number of bedrooms

Compare the median price paid for each home size.

1 bedroomAED 5.13M4 registered sales
2 bedroomsAED 9.6M7 registered sales
3 bedroomsAED 13.2M5 registered sales
4 bedroomsAED 15M3 registered sales
5+ bedroomsAED 58M3 registered sales
HomeSalesMedian price, roundedSize, sq ftAED per sq ftArea rent a yearRent-to-price comparison
1 bedroom4AED 5.13M1,4213,607AED 85,000–
2 bedrooms7AED 9.6M2,4993,842AED 130,000–
3 bedrooms5AED 13.2M3,1404,205AED 187,750–
4 bedrooms3AED 15M5,7062,629AED 300,000–
5+ bedrooms3AED 58M12,6764,576––

Source: Land Department open data. Sale medians cover the last 5 years, to 5 Oct 2026. Rent source: Dubai Data (datadubai.ae), Continental Club Property. Area rents: Ejari, Business Bay.

The sale medians cover five years. Area rent is separate context; no yield is calculated against these historical sale medians.

Rents cover the whole community, not this building alone. They are the median Ejari rent for each home size. The rent-to-price comparison uses area rent and this building's sale median, before costs. It is not an observed building lease yield. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated.

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Registered sales in the historical sample

Compare the recorded prices, sizes and dates of the Luxury Family Residence III sales shown below.

Latest registered sales
2026-01-161 bedroomOff-Plan1,4295,600,0003,919
2025-12-301 bedroomOff-Plan1,4124,650,0003,293
2025-12-011 bedroomOff-Plan1,4875,676,0003,817
2025-03-105+ bedroomsOff-Plan12,78760,230,4004,710
2024-11-133 bedroomsOff-Plan3,00212,200,0004,064
2024-09-125+ bedroomsOff-Plan12,65958,000,0004,582
2024-08-142 bedroomsOff-Plan2,1469,050,0004,217
2024-06-134 bedroomsOff-Plan5,70615,000,000below marketRegistered price far below this building's median; may be a share transfer or non-market deal.2,629

These are the supplied filtered historical sale records, through 5 Oct 2026. The price-range table below uses these records only.

Source: Land Department open data, 5 Oct 2026. Records don't include unit numbers, so individual homes can't be identified.

The supplied sale records have fewer than five valid records per home size, so no home-size price range is shown.

Check costs with your current quote

The sale prices above are five-year medians. Enter your current purchase price and expected rent in the calculator before comparing costs or yield.

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Location: Business Bay

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Questions people ask

These answers explain the prices and registered sales shown for Luxury Family Residence III.

What is the price per sq ft in Luxury Family Residence III?

The median sold price was AED 3,906 per sq ft. There were 22 sales over the last 5 years to 5 Oct 2026. The last sale was on 16 Jan 2026.

How much does a 2-bedroom home in Luxury Family Residence III cost?

The median price for a 2-bedroom home was AED 9,600,000. The median size was about 2,499 sq ft. This covers 7 sales in the last 5 years.

What rent does a 2-bedroom home near Luxury Family Residence III get?

The median rent for that home size in Business Bay was AED 130,000 a year. The publisher sample has 3,126 Ejari contract records. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. No yield is calculated against the historical five-year sale median.

Sources

Source update: 26 Oct 2026. Source: Dubai Land Department open data via Dubai Pulse, re-published by Dubai Real Estate Data (dataset), licensed CC BY 4.0. Sales to 5 Oct 2026. aggregated to medians; non-residential, land and flagged rows excluded. Source for rents, yields and project records: Dubai Data (datadubai.ae), Continental Club Property, based on Dubai Land Department open data, data to 22 Oct 2026, licensed CC BY 4.0. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. Publisher-reported gross yields use the publisher matched-segment sale-price denominator, not this page’s sale median; the matched-sale reporting period is not stated.