PropertyIndex

LUX REAL ESTATE

Developer in Dubai · 5 projects across 1 community

LUX REAL ESTATE is a Dubai property developer with 5 registered projects comprising 42 units. 3 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 857 per sqft. At AED 857 per sqft, LUX REAL ESTATE prices 55% below the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
5
4 completed · 1 in progress
Inventory
42units
28 completed · 14 in progress
Communities
1
across Dubai
PIX© PSF
857AED/sqft
12.8% YoY
Gross yield
7.2%
PIX© rent ÷ PIX© price
Sale records
3
DLD · L12M · 5.72M AED
Rent contracts
6
Ejari · L12M

Delivery track record

Handovers completed and the forward pipeline, by expected completion year, from DLD project registrations.

Delivered
4 projects
28 units
In pipeline
1 project
14 units
’10
’11
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every LUX REAL ESTATE project. PIX© PSF-priced projects appear first; projects without a current price follow. Select a marker or number for the snapshot.

Map of comparable projects in this portfolio
CompletedIn progressSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 5
Sunrise Boulevard 10
LUX REAL ESTATECompleted
PIX© PSF
Trend
Typical price
Yield
Units
7
Sales · L12M
2
Rents · L12M
3
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Sunrise Boulevard 10
LUX REAL ESTATE · Completed
723
Sunrise Boulevard 12
LUX REAL ESTATE · Completed
712
Sunrise Boulevard 5
LUX REAL ESTATE · Under Construction
14-1
Sunrise Boulevard 11
LUX REAL ESTATE · Completed
7--
Sunrise Boulevard
LUX REAL ESTATE · Completed
7--
Sales and rents are last-12-month DLD/Ejari records.

Common questions about LUX REAL ESTATE

Answered from Dubai Land Department registered transactions.

How much does a LUX REAL ESTATE property cost?

LUX REAL ESTATE prices at AED 857 per sqft on current PIX© values, based on 3 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do LUX REAL ESTATE properties achieve?

LUX REAL ESTATE yields 7.2% gross, calculated from current PIX© rents against current PIX© sale prices across 6 registered Ejari contracts.

How many projects does LUX REAL ESTATE have in Dubai?

LUX REAL ESTATE holds 5 registered projects comprising 42 units, per the Dubai Land Department project register.

Where does LUX REAL ESTATE build in Dubai?

LUX REAL ESTATE has registered projects in Liwan 1, per the Dubai Land Department project register.

Is LUX REAL ESTATE expensive compared to the Dubai market?

At AED 857 per sqft, LUX REAL ESTATE prices 55% below the Dubai market average of AED 1,921 per sqft on registered sales.