Unit 704, Lucky 1 Residence: what it sold for and what it is worth now

Unit 704 at Lucky 1 Residence is a 2 bed of 1,117 sq ft. It last sold for AED 1,250,000 on 20 Sep 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 1,208,000 today.

Value todayAED 1,208,000AED 1,136,000 to AED 1,288,000
Last saleAED 1,250,00020 Sep 2023 · Resale
Change since last sale-3.4%Building trend alone: AED 1,268,845
Rent (median asking, 2 bed)AED 104,500Gross yield 8.7%
Bedrooms2 bed
Size1,117 sq ft
Floor7 (from the unit number)
Position in the towerStack 04: units ending 04 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 704

DatePriceSizeAED/sq ftType
20 Sep 2023AED 1,250,0001,117 sq ft1,119Resale
16 Sep 2020AED 1,013,7771,117 sq ft908Off-plan

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
60429 Oct 2024AED 1,375,0001,117 sq ft1,231Resale
80415 Dec 2023AED 1,335,0001,117 sq ft1,195Resale
5045 May 2023AED 825,000768 sq ft1,074Resale
5044 May 2023AED 825,000768 sq ft1,074Resale
60426 Sep 2022AED 1,160,0001,117 sq ft1,038Resale
30411 Mar 2022AED 749,000765 sq ft979Off-plan
1042 Feb 2022AED 655,000808 sq ft811Off-plan
20417 Aug 2021AED 706,777765 sq ft924Off-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 (1,117 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 1,268,845. 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 704 at Lucky 1 Residence worth?

About AED 1,208,000 (range AED 1,136,000 to AED 1,288,000), based on AED 1,082 per sq ft from registered sales up to 28 Sep 2026.

When did unit 704 last sell?

20 Sep 2023, for AED 1,250,000 (resale). It has 2 registered sales.

What rent can unit 704 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 8.7% on the estimate.

Sales alert for Lucky 1 ResidenceAll sales in Lucky 1 Residence

Unit 703 · Unit 705