Unit 702, Lucky 1 Residence: what it sold for and what it is worth now

Unit 702 at Lucky 1 Residence is a studio of 417 sq ft. It last sold for AED 550,000 on 5 Jul 2023. At AED 1,163 per sq ft, from 10 sales in the building in the last 12 months, it is worth about AED 485,000 today.

Value todayAED 485,000AED 458,000 to AED 511,000
Last saleAED 550,0005 Jul 2023 · Resale
Change since last sale-11.8%Building trend alone: AED 563,336
Rent (median asking, studio)AED 49,500Gross yield 10.2%
Bedroomsstudio
Size417 sq ft
Floor7 (from the unit number)
Position in the towerStack 02: units ending 02 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 702

DatePriceSizeAED/sq ftType
5 Jul 2023AED 550,000417 sq ft1,319Resale
16 Sep 2020AED 466,777417 sq ft1,119Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40216 Sep 2025AED 950,000773 sq ft1,229Resale
100212 Feb 2024AED 1,800,0002,041 sq ft882Resale
80218 Oct 2023AED 600,000417 sq ft1,439Resale
9025 Jun 2023AED 550,000417 sq ft1,319Resale
50229 May 2023AED 851,400774 sq ft1,100Resale
50224 May 2023AED 800,000774 sq ft1,034Resale
50218 May 2023AED 761,966774 sq ft984Resale
4025 Apr 2022AED 759,910773 sq ft983Off-plan

Latest studio sales in Lucky 1 Residence

UnitDatePriceSizeAED/sq ftType
40124 Apr 2025AED 660,000448 sq ft1,473Resale
60316 Feb 2024AED 540,000391 sq ft1,381Resale
80218 Oct 2023AED 600,000417 sq ft1,439Resale
70118 Oct 2023AED 585,000393 sq ft1,489Resale
8039 Sep 2023AED 595,000391 sq ft1,522Resale
70315 Aug 2023AED 560,000391 sq ft1,432Resale
9025 Jun 2023AED 550,000417 sq ft1,319Resale
5018 May 2023AED 575,000448 sq ft1,283Resale

How we worked out the value

We took the 10 sales in Lucky 1 Residence in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 1,163). We multiplied it by the size of this unit (417 sq ft). The range uses the middle half of those sales (AED 1,098 to AED 1,225 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 563,336. 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 702 at Lucky 1 Residence worth?

About AED 485,000 (range AED 458,000 to AED 511,000), based on AED 1,163 per sq ft from registered sales up to 28 Sep 2026.

When did unit 702 last sell?

5 Jul 2023, for AED 550,000 (resale). It has 2 registered sales.

What rent can unit 702 make?

A studio in Lucky 1 Residence rents for about AED 49,500 a year (median asking rent). That is a gross yield of 10.2% on the estimate.

Sales alert for Lucky 1 ResidenceAll sales in Lucky 1 Residence

Unit 701 · Unit 703