PropertyIndex

Lusin Residences by Ermax Development

Under Construction · Due Q2 2026 · 30%|57 units · 1 building

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Lusin Residences by Ermax Development is an under-construction apartment development by ERMAX DEVELOPMENT L.L.C in International City Phase 1, Al Warsan First, comprising 57 registered units. 4 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,239 per sqft. At AED 1,239 per sqft, Lusin Residences by Ermax Development prices 59% above the International City Phase 1 average of AED 779 per sqft on registered sales.

PIX© price
739KAED
Typical
1,239AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
4
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Lusin Residences by Ermax Development

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 YoY
PIX© Core
Project-Wide
153 – 2,634 sqft
57739K1,239
Residential
Studio · Apartment
339 – 479 sqft
17
1 Bed · Apartment
758 – 1,073 sqft
28
2 Bed · Apartment
1,072 – 2,634 sqft
10
Commercial
Shop
153 – 158 sqft
2
No rental contracts registered — the project has not handed over.
Sales — Project-Wide4 DLD records
PIX© price analysis
All time
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
7 May 2026StudioFloor 6339422,7501,246StandardOff-Plan Sale
1 Apr 20261 BedFloor 5769947,0001,232StandardOff-Plan Sale
17 Mar 2026StudioFloor 3339437,0001,288StandardOff-Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

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

Comparable projects in International City Phase 1

The closest-priced registered projects in International City Phase 1.

Common questions about Lusin Residences by Ermax Development

Answered from Dubai Land Department registered transactions.

How much does a property in Lusin Residences by Ermax Development cost?

Property in Lusin Residences by Ermax Development sells at a current PIX© price of AED 1,239 per sqft, or about AED 739,267 for a typical unit, based on 4 sales registered with the Dubai Land Department.

When is Lusin Residences by Ermax Development handing over?

Lusin Residences by Ermax Development is under construction, due q2 2026, and is 30% complete against the Dubai Land Department's reported progress.

Who is the developer of Lusin Residences by Ermax Development?

Lusin Residences by Ermax Development is developed by ERMAX DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Lusin Residences by Ermax Development?

Lusin Residences by Ermax Development holds 57 registered units, per the Dubai Land Department unit register.