PropertyIndex

Lua Residences

Under Construction · Due Q1 2026 · 31%|37 villas

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Lua Residences is an under-construction villas development by SWANK REAL ESTATE DEVELOPMENT L.L.C in Mohammed Bin Rashid Al Maktoum District 11, Wadi Al Safa 3, comprising 37 registered villas. 41 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,017 per sqft. At AED 2,017 per sqft, Lua Residences prices in line with the Mohammed Bin Rashid Al Maktoum District 11 average of AED 2,009 per sqft on registered sales.

PIX© price · 5.5% YoY
11.30MAED
Typical
2,017AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
41
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Lua Residences

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
2,591 – 8,397 sqft
3711.30M2,0175.5%
Residential
4 Bed · Villa
2,591 – 3,541 sqft
14
5 Bed · Villa
4,064 – 6,026 sqft
19
6 Bed · Villa
5,653 – 8,397 sqft
4
Villa (Bedrooms Unknown)
2,659 sqft
Land
Land
220,095 sqft
No rental contracts registered — the project has not handed over.
Sales — Project-Wide41 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
DateUnitSizePricePSFvs Prior SaleTierType
15 May 20265 Bed4,28210,200,0002,382+6.3%StandardOff-Plan Sale
20 Jun 20254 Bed3,5416,300,0001,779-1.6%StandardOff-Plan Sale
18 Apr 20254 Bed3,5416,400,0001,808StandardOff-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 Mohammed Bin Rashid Al Maktoum District 11

The closest-priced registered projects in Mohammed Bin Rashid Al Maktoum District 11.

Common questions about Lua Residences

Answered from Dubai Land Department registered transactions.

How much does a property in Lua Residences cost?

Property in Lua Residences sells at a current PIX© price of AED 2,017 per sqft, or about AED 11,296,985 for a typical unit, based on 41 sales registered with the Dubai Land Department.

When is Lua Residences handing over?

Lua Residences is under construction, due q1 2026, and is 31% complete against the Dubai Land Department's reported progress.

Who is the developer of Lua Residences?

Lua Residences is developed by SWANK REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many villas are in Lua Residences?

Lua Residences holds 37 registered villas, per the Dubai Land Department unit register.

Have prices in Lua Residences gone up or down?

Price per sqft has risen +5.5% over the last 12 months, to AED 2,017, across 41 registered sales.