PropertyIndex

Luxury Family Residence 2

Completed · Q4 2023|205 units · 1 tower

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Luxury Family Residence 2 is a completed apartment development by KAPPA ACCA REAL ESTATE DEVELOPMENT in Business Bay, comprising 205 registered units. 235 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,202 per sqft. At AED 2,202 per sqft, Luxury Family Residence 2 prices 9% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 20.6% YoY
2.01MAED
Typical
2,202AED
PSF
Gross yield
4.4%
PIX© rent ÷ PIX© price
Sale records
235
DLD · all time
Rent contracts
123
Ejari · all time
Luxury Family Residence 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
402 – 259,714 sqft
2052.01M2,20220.6%89K4.4%
Residential
Studio · Apartment
402 – 473 sqft
87
1 Bed · Apartment
614 – 627 sqft
88
2 Bed · Apartment
802 – 869 sqft
28
4 Bed · Apartment
10,937 sqft
1
Hotel Apartment (Bedrooms Unknown)
259,712 sqft
Hospitality
Studio · Hotel Room
259,714 sqft
1
Sales — Project-Wide235 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
17 Jul 2026StudioLuxury Family Residence Ii · Floor 214471,006,4682,2500.0%Entry LevelPayment Plan Sale
16 Jun 20261 BedLuxury Family Residence Ii · Floor 246271,400,0002,234-37.8%StandardPayment Plan Sale
9 Jun 2026StudioLuxury Family Residence Ii · Floor 154391,062,1152,4210.0%StandardPayment Plan Sale
Rentals — Project-Wide123 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
12 Aug 2026StudioLuxury Family Residence Ii · Floor 2144779,564178Standardnew
10 Aug 20261 BedLuxury Family Residence Ii · Floor 1662799,185158Standardnew
2 Aug 2026StudioLuxury Family Residence Ii · Floor 1845349,900110-44.7%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Luxury Family Residence 2

Answered from Dubai Land Department registered transactions.

How much does a property in Luxury Family Residence 2 cost?

Property in Luxury Family Residence 2 sells at a current PIX© price of AED 2,202 per sqft, or about AED 2,007,075 for a typical unit, based on 235 sales registered with the Dubai Land Department.

Is Luxury Family Residence 2 completed?

Yes. Luxury Family Residence 2 is recorded as completed in the Dubai Land Department project register (completed q4 2023).

Who is the developer of Luxury Family Residence 2?

Luxury Family Residence 2 is developed by KAPPA ACCA REAL ESTATE DEVELOPMENT, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Luxury Family Residence 2?

Luxury Family Residence 2 yields 4.4% gross, calculated from current PIX© rent against current PIX© sale price, across 123 registered Ejari contracts.

How many units are in Luxury Family Residence 2?

Luxury Family Residence 2 holds 205 registered units, per the Dubai Land Department unit register.

Have prices in Luxury Family Residence 2 gone up or down?

Price per sqft has fallen -20.6% over the last 12 months, to AED 2,202, across 235 registered sales.