Unit 509, Lucky 1 Residence: what it sold for and what it is worth now

Unit 509 at Lucky 1 Residence is a 2 bed of 1,234 sq ft. It last sold for AED 1,400,000 on 24 Oct 2023. At AED 1,082 per sq ft, from 4 sales in the building in the last 12 months (2 bed), it is worth about AED 1,335,000 today.

Value todayAED 1,335,000AED 1,254,000 to AED 1,423,000
Last saleAED 1,400,00024 Oct 2023 · Resale
Change since last sale-4.6%Building trend alone: AED 1,391,336
Rent (median asking, 2 bed)AED 104,500Gross yield 7.8%
Bedrooms2 bed
Size1,234 sq ft
Floor5 (from the unit number)
Position in the towerStack 09: units ending 09 share the same layout and view
BuildingLucky 1 Residence by Lucky Aeon Real Estate Development, handed over 2022
Registered sales of this unit2

Every registered sale of unit 509

DatePriceSizeAED/sq ftType
24 Oct 2023AED 1,400,0001,234 sq ft1,135Resale
10 Nov 2020AED 993,1431,234 sq ft805Off-plan

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
2096 May 2026AED 1,295,0001,234 sq ft1,049Resale
7099 Oct 2024AED 950,000769 sq ft1,235Resale
9096 Sep 2024AED 960,000769 sq ft1,248Resale
60923 Apr 2024AED 930,000769 sq ft1,209Resale
80920 Dec 2023AED 900,000769 sq ft1,170Resale
7098 Jun 2023AED 800,000769 sq ft1,040Resale
9093 Jan 2023AED 850,000769 sq ft1,105Resale
6098 Jun 2022AED 651,000769 sq ft847Off-plan

Latest 2 bed sales in Lucky 1 Residence

UnitDatePriceSizeAED/sq ftType
81514 Jul 2026AED 1,049,2231,143 sq ft918Resale
2096 May 2026AED 1,295,0001,234 sq ft1,049Resale
10110 Apr 2026AED 1,510,0001,355 sq ft1,114Resale
61528 Oct 2025AED 1,450,0001,142 sq ft1,270Resale
2036 Feb 2025AED 1,398,0001,121 sq ft1,247Resale
11323 Jan 2025AED 1,450,0001,401 sq ft1,035Resale
51410 Dec 2024AED 1,830,0001,140 sq ft1,605Resale
60429 Oct 2024AED 1,375,0001,117 sq ft1,231Resale

How we worked out the value

We took the 4 sales in Lucky 1 Residence in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,082). We multiplied it by the size of this unit (1,234 sq ft). The range uses the middle half of those sales (AED 1,017 to AED 1,153 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,391,336. Floor, view, condition and upgrades can move the price either way. Sales data to 28 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 509 at Lucky 1 Residence worth?

About AED 1,335,000 (range AED 1,254,000 to AED 1,423,000), based on AED 1,082 per sq ft from registered sales up to 28 Sep 2026.

When did unit 509 last sell?

24 Oct 2023, for AED 1,400,000 (resale). It has 2 registered sales.

What rent can unit 509 make?

A 2 bed in Lucky 1 Residence rents for about AED 104,500 a year (median asking rent). That is a gross yield of 7.8% on the estimate.

Sales alert for Lucky 1 ResidenceAll sales in Lucky 1 Residence

Unit 508 · Unit 510