Unit 703, Lucky 1 Residence: what it sold for and what it is worth now

Unit 703 at Lucky 1 Residence is a studio of 391 sq ft. It last sold for AED 560,000 on 15 Aug 2023. At AED 1,163 per sq ft, from 10 sales in the building in the last 12 months, it is worth about AED 455,000 today.

Value todayAED 455,000AED 429,000 to AED 479,000
Last saleAED 560,00015 Aug 2023 · Resale
Change since last sale-18.8%Building trend alone: AED 572,679
Rent (median asking, studio)AED 49,500Gross yield 10.9%
Bedroomsstudio
Size391 sq ft
Floor7 (from the unit number)
Position in the towerStack 03: units ending 03 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 703

DatePriceSizeAED/sq ftType
15 Aug 2023AED 560,000391 sq ft1,432Resale
16 Sep 2020AED 460,777391 sq ft1,178Off-plan

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10328 Apr 2025AED 900,000816 sq ft1,103Resale
2036 Feb 2025AED 1,398,0001,121 sq ft1,247Resale
60316 Feb 2024AED 540,000391 sq ft1,381Resale
8039 Sep 2023AED 595,000391 sq ft1,522Resale
5031 Jun 2023AED 1,300,0001,114 sq ft1,167Resale
30316 Aug 2022AED 1,040,0001,121 sq ft928Off-plan
1031 Feb 2022AED 729,888816 sq ft894Off-plan
20318 Jan 2022AED 860,0001,121 sq ft767Off-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
7025 Jul 2023AED 550,000417 sq ft1,319Resale
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 (391 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 572,679. 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 703 at Lucky 1 Residence worth?

About AED 455,000 (range AED 429,000 to AED 479,000), based on AED 1,163 per sq ft from registered sales up to 28 Sep 2026.

When did unit 703 last sell?

15 Aug 2023, for AED 560,000 (resale). It has 2 registered sales.

What rent can unit 703 make?

A studio in Lucky 1 Residence rents for about AED 49,500 a year (median asking rent). That is a gross yield of 10.9% on the estimate.

Sales alert for Lucky 1 ResidenceAll sales in Lucky 1 Residence

Unit 702 · Unit 704