PropertyIndex

Flamingo Lux Residence

Under Construction · Due Q2 2025 · 47%|53 units · 1 building

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Flamingo Lux Residence is an under-construction apartment development by EMINENT REAL ESTATE DEVELOPMENT LLC-FZ in Meydan Racecourse Community, Nad Al Shiba First, comprising 53 registered units. 15 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,054 per sqft. At AED 2,054 per sqft, Flamingo Lux Residence prices in line with the Meydan Racecourse Community average of AED 2,072 per sqft on registered sales.

PIX© price
2.74MAED
Typical
2,054AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
15
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

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.

Floor
Units on floor 1
Select a unit to read its record.
Flamingo Lux Residence

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
491 – 2,973 sqft
532.74M2,054
Residential
1 Bed · Apartment
646 – 846 sqft
11
2 Bed · Apartment
1,094 – 1,693 sqft
21
3 Bed · Apartment
1,777 – 2,973 sqft
18
Commercial
Shop
491 – 646 sqft
3
No rental contracts registered — the project has not handed over.
Sales — Project-Wide15 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
20 Aug 20262 BedFloor 31,1582,499,8402,160PremiumStandard Sale
5 Aug 20263 BedFloor 41,7773,700,0002,082StandardStandard Sale
28 Jul 20262 BedFloor 11,0942,111,2001,930StandardStandard 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 Meydan Racecourse Community

The closest-priced registered projects in Meydan Racecourse Community.

Common questions about Flamingo Lux Residence

Answered from Dubai Land Department registered transactions.

How much does a property in Flamingo Lux Residence cost?

Property in Flamingo Lux Residence sells at a current PIX© price of AED 2,054 per sqft, or about AED 2,742,197 for a typical unit, based on 15 sales registered with the Dubai Land Department.

When is Flamingo Lux Residence handing over?

Flamingo Lux Residence is under construction, due q2 2025, and is 47% complete against the Dubai Land Department's reported progress.

Who is the developer of Flamingo Lux Residence?

Flamingo Lux Residence is developed by EMINENT REAL ESTATE DEVELOPMENT LLC-FZ, the developer recorded against the project in the Dubai Land Department register.

How many units are in Flamingo Lux Residence?

Flamingo Lux Residence holds 53 registered units, per the Dubai Land Department unit register.