Building · Business Bay

Properties for sale in Luxury Family Residence II

Nothing for sale here with McCone right now — 232 sales are on record at the Dubai Land Department, below.

Recorded rents and gross yield for Luxury Family Residence II

Median sale price
AED 1.30M
22 sales · the last 12 months
Median per sq ft
AED 2,257
-16.3% on the year before
Against Business Bay
51 of 107
Community median AED 2,574 / sq ft
Sales on record
232
Since 2023

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

2,574
2,459
2,495
2,250
2023202420252026

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian pricePer sq ftSales
Studio439 sqft1,111,2252,62354
1 B/R627 sqft1,538,0512,45667
2 B/R862 sqft2,555,1222,96113

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in Luxury Family Residence II

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
1 Sept 2026Studio447900,0002,012
20 Jul 2026Studio4471,006,4682,250
17 Jun 20261 B/R6271,400,0002,234
9 Jun 2026Studio4391,062,1152,421
8 Jun 20261 B/R6271,200,0001,915
1 Apr 2026Studio436950,0002,178
16 Mar 20261 B/R6261,475,0002,355
16 Mar 2026Studio4531,100,0002,430
10 Mar 2026Studio4471,261,2042,820
25 Dec 20251 B/R6271,408,0002,247
23 Dec 20251 B/R6271,381,3332,205
4 Dec 20251 B/R6272,030,0003,240

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

157
37
29
9
2023202420252026

Of the 232 sales on record, 206 were bought off-plan from the developer and 26 were resales of a finished home. The changeover in 2025 is the handover. The 2026 bar is part-year.

In context

Where it sits in Business Bay

Luxury Family Residence II is the 51st most expensive of the 107 Business Bay buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
48Damac Maison Prive A372,309
49Central 1232,299
50West Five Business Bay Residences182,289
51Luxury Family Residence II222,257
52Royal Regency Suites Tower One392,240
53Damac Maison Prive B512,228
54Urban Life762,224

Business Bay as a whole: AED 2,574 a square foot across 7,516 sales in the last twelve months.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 2 Sept 2026.

We are not marketing anything in Luxury Family Residence II today, but we know it and we hear about homes before they list. Tell us what you are after.