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Project profile

Luxury Family Residence II Project · Business Bay · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Kappa Acca Real Estate Development

Registered sales Last 12 months
15
Median ready price Per sq ft
AED 2,252
Construction progress Completed
100%

Data to 4 November 2026

Dubai Land Department lists the project as completed on 30 December 2023. In the last 12 months, Dubai Land Department registered 15 sales in Luxury Family Residence II, worth AED 17.7M in total. The median price of ready homes was 2,252 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress100%

Completed

Start
16 March 2019
DLD end date
30 December 2023
Completion
30 December 2023
Units
205
Buildings
1

Launch and latest registrations.

Launch price First 90 days from Jan 2023, 40 home sales
AED 2,555
Last 12 months 15 home sales
AED 2,252
Change Same home types, AED/sqft
-14.7%

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

Luxury Family Residence II registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Off-plan (registered sales)
Nov 2023 2,421 AED/sqft 8 sales
Dec 2023 2,557 AED/sqft 25 sales
Jan 2024 2,190 AED/sqft 7 sales
Feb 2024 2,453 AED/sqft 7 sales
Mar 2024 — 3 sales
Apr 2024 2,590 AED/sqft 8 sales
May 2024 — 3 sales
Jun 2024 — 3 sales
Jul 2024 — 1 sale
Aug 2024 —
Sep 2024 — 1 sale
Oct 2024 — 2 sales
Nov 2024 —
Dec 2024 — 2 sales
Jan 2025 — 2 sales
Feb 2025 — 3 sales
Mar 2025 — 4 sales
Apr 2025 — 1 sale
May 2025 — 2 sales
Jun 2025 —
Jul 2025 —
Aug 2025 —
Sep 2025 —
Oct 2025 —
Nov 2025 —
Dec 2025 —
Jan 2026 —
Feb 2026 —
Mar 2026 —
Apr 2026 —
May 2026 —
Jun 2026 —
Jul 2026 —
Aug 2026 —
Sep 2026 —

What does each home type sell and rent for in Luxury Family Residence II?

  • Apartment · Studio

    Ready median price
    AED 1M
    Median yearly rent
    AED 68K
    Gross yield
    Rent only
  • Apartment · 1 bed

    Ready median price
    AED 1.4M
    Median yearly rent
    AED 95K
    Gross yield
    Rent only
  • Apartment · 2 beds

    Ready median price
    —
    Median yearly rent
    AED 124.3K
    Gross yield
    Rent only

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Business Bay area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Business Bay area report

The latest registered sales in Luxury Family Residence II.

  • 3 Nov 2026

    ApartmentStudioReady473 sqft

    AED 940,0001,987 AED/sqft

  • 1 Sep 2026

    ApartmentStudioReady447 sqft

    AED 900,0002,013 AED/sqft

  • 20 Jul 2026

    ApartmentStudioReady447 sqft

    AED 1,006,4682,252 AED/sqft

  • 17 Jun 2026

    Apartment1 bedReady627 sqft

    AED 1,400,0002,233 AED/sqft

  • 9 Jun 2026

    ApartmentStudioReady439 sqft

    AED 1,062,1152,419 AED/sqft

  • 8 Jun 2026

    Apartment1 bedReady627 sqft

    AED 1,200,0001,914 AED/sqft

  • 1 Apr 2026

    ApartmentStudioReady436 sqft

    AED 950,0002,179 AED/sqft

  • 16 Mar 2026

    Apartment1 bedReady626 sqft

    AED 1,475,0002,356 AED/sqft

  • 16 Mar 2026

    ApartmentStudioReady453 sqft

    AED 1,100,0002,428 AED/sqft

  • 10 Mar 2026

    ApartmentStudioReady447 sqft

    AED 1,261,2042,821 AED/sqft

Questions about Luxury Family Residence II

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

In the 12 months to 4 November 2026, the median registered sale price of ready homes was 2,252 AED/sqft.

How many homes were sold in Luxury Family Residence II in the last 12 months?

In the last 12 months, Dubai Land Department registered 15 sales in Luxury Family Residence II, worth AED 17.7M in total. The median price of ready homes was 2,252 AED/sqft. Registered sales to 4 November 2026.

What is the rent in Luxury Family Residence II?

In the 12 months to 4 November 2026, Apartment · 1 bed was the most rented home type in Luxury Family Residence II, at a median of AED 95,000 a year over 53 new contracts.

When was Luxury Family Residence II completed?

Dubai Land Department lists the project as completed on 30 December 2023.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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