The L A X
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The L A X is a completed apartment development in Dubai South, Madinat Al Mataar, comprising 37 registered units. 37 sales are registered with the Dubai Land Department, at a current PIX© price of AED 878 per sqft. At AED 878 per sqft, The L A X prices 44% below the Dubai South average of AED 1,567 per sqft on registered sales.
PIX© Unit History
Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.
1 Bed on G, The L A X
- Size
- Record
- Oct 2024 to Jun 2026
- Owners
- 2
- Tenants
- 1
- Price change
- Yield on cost
| Party | Date | Price / RentAED | PSF | vs prior | Held | Note |
|---|---|---|---|---|---|---|
| 2Owner 2 | 25 Jun 2026 | 2 mo | Current owner Mortgage | |||
| Owner 1 · Undisclosed | — | Acquisition date and price not on record | ||||
| 1Tenant 1 | 20 Oct 2024 | 8 mo | Owner not on record |
Exact unit numbers cannot be published under the DLD terms and conditions.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 613 – 1,341 sqft | 37 | 1.09M | 878 | — | — | — | |
1 Bed · Apartment 613 – 993 sqft | 3 | — | — | — | |||
2 Bed · Apartment 1,173 – 1,341 sqft | 34 | — | — | — |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 25 Jun 2026 | Floor G | 993 | 900,000 | 906 | — | Standard | Standard Sale |
| 25 Jun 2026 | Floor G | 613 | 900,000 | 1,467 | — | Standard | Standard Sale |
| 25 Jun 2026 | Floor G | 993 | 900,000 | 906 | — | Standard | Standard Sale |
We don’t plot a PIX© rent trend for units with less than 12 DLD-registered contracts — this unit type only has 3. Review the official Ejari records below to make your own determination.
| Start Date | Unit | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 10 Feb 2025 | 1 Bed | Floor G | 993 | 65,000 | — | — | Standard | new |
| 25 Dec 2024 | 2 Bed | Floor 1 | 1,332 | 80,000 | — | — | Standard | new |
| 20 Oct 2024 | 1 Bed | Floor G | 993 | 61,345 | — | — | Standard | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Dubai South
The closest-priced registered projects in Dubai South.
- Palma ResidencesAED 879/sqft
- South Residence 1AED 894/sqft
- The Pulse ResidenceAED 896/sqft
- Ab South ResidenceAED 898/sqft
- South Residence 2AED 901/sqft
- The Pulse Residence ParkAED 846/sqft
Common questions about The L A X
Answered from Dubai Land Department registered transactions.
How much does a property in The L A X cost?
Property in The L A X sells at a current PIX© price of AED 878 per sqft, or about AED 1,094,595 for a typical unit, based on 37 sales registered with the Dubai Land Department.
Is The L A X completed?
Yes. The L A X is recorded as completed in the Dubai Land Department project register.
How many units are in The L A X?
The L A X holds 37 registered units, per the Dubai Land Department unit register.