PropertyIndex
SWANK REAL ESTATE DEVELOPMENT L.L.C

Lua Residences

Under Construction · Date not reported|37 villas
Ask ChatGPTAsk Claude

Lua Residences is an under-construction development by SWANK REAL ESTATE DEVELOPMENT L.L.C in Mohammed Bin Rashid City, comprising 37 registered villas. 41 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,097 per sqft. At AED 2,097 per sqft, Lua Residences prices 30% below the Mohammed Bin Rashid City median of AED 2,979 per sqft on registered sales.

PIX© price · ↑6.2% YoY
11.85MAED
Typical
2,097AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
41
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Browse the tracked homes, or select a position in any table below, to follow one through every registered owner and tenant.

Type
Bedrooms
Houses with a record
…

5 Bed

Size
Record
Nov 2024 to May 2026
Owners
2
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
2Owner 215 May 20264 mo
Current owner
1Owner 126 Nov 202418 mo
PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

5 Bed
Occupancy (237 nights)
%
Fees (optional)
%
Management, cleaning, platform fees: a percent of revenue, or a yearly amount.
Enter a nightly rate to test your scenario against this unit’s record.
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
3711.85M2,097↑6.2%
Residential
4 Bed · Villa
2,659 - 3,541 sqft
6-
5 Bed · Villa
4,064 - 6,026 sqft
18
6 Bed · Villa
5,653 - 8,397 sqft
4-
Villa (Bedrooms Unknown)
2,591 - 4,093 sqft
9-
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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
15 May 20265 BedLua Residences4,28210,200,0002,382+6.3%StandardOff-Plan Sale
20 Jun 20254 BedLua Residences3,5416,300,0001,779-1.6%StandardOff-Plan Sale
18 Apr 20254 BedLua Residences3,5416,400,0001,808-StandardOff-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 City

The closest-priced registered projects in Mohammed Bin Rashid City.

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 2,097 per sqft, or about AED 11,846,863 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 in the Dubai Land Department project register. No handover date is on record.

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 +6.2% over the last 12 months, to AED 2,097, across 41 registered sales.