Unit 505, Lucky Royale Residence: what it sold for and what it is worth now

Unit 505 at Lucky Royale Residence is a 1 bed of 797 sq ft. It last sold for AED 915,999 on 14 Mar 2024. At AED 1,192 per sq ft, from 3 sales of units ending 05 (same position in the tower), it is worth about AED 950,000 today.

Value todayAED 950,000AED 939,000 to AED 1,015,000
Last saleAED 915,99914 Mar 2024 · Off-plan
Change since last sale+3.7%Building trend alone: AED 1,033,657
Rent (median asking, 1 bed)AED 87,500Gross yield 9.2%
Bedrooms1 bed
Size797 sq ft
Floor5 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingLucky Royale Residence by Lucky Aeon Real Estate Development, handed over 2026
Registered sales of this unit1

Every registered sale of unit 505

DatePriceSizeAED/sq ftType
14 Mar 2024AED 915,999797 sq ft1,149Off-plan

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20525 Jun 2025AED 1,080,000797 sq ft1,355Off-plan
10530 Nov 2024AED 1,025,000880 sq ft1,165Off-plan
90526 Oct 2024AED 950,000797 sq ft1,192Off-plan
80529 Jul 2024AED 987,999797 sq ft1,240Off-plan
30514 Mar 2024AED 862,423797 sq ft1,082Off-plan
100514 Mar 2024AED 2,975,9994,081 sq ft729Off-plan
60524 Oct 2023AED 885,511797 sq ft1,111Off-plan
4059 Oct 2023AED 910,999797 sq ft1,143Off-plan

Latest 1 bed sales in Lucky Royale Residence

UnitDatePriceSizeAED/sq ftType
61613 Oct 2026AED 970,000740 sq ft1,311Off-plan
10428 Apr 2026AED 1,240,000883 sq ft1,404Off-plan
3012 Mar 2026AED 844,000770 sq ft1,096Off-plan
51510 Feb 2026AED 914,999784 sq ft1,167Off-plan
20223 Sep 2025AED 1,125,000811 sq ft1,387Off-plan
70717 Jul 2025AED 1,000,000753 sq ft1,328Off-plan
60414 Jul 2025AED 896,000792 sq ft1,131Off-plan
31310 Jul 2025AED 930,000801 sq ft1,161Off-plan

How we worked out the value

We took the 3 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,192). We multiplied it by the size of this unit (797 sq ft). The range uses the middle half of those sales (AED 1,178 to AED 1,274 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,033,657. Floor, view, condition and upgrades can move the price either way. Sales data to 13 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 505 at Lucky Royale Residence worth?

About AED 950,000 (range AED 939,000 to AED 1,015,000), based on AED 1,192 per sq ft from registered sales up to 13 Oct 2026.

When did unit 505 last sell?

14 Mar 2024, for AED 915,999 (off-plan). It has 1 registered sale.

What rent can unit 505 make?

A 1 bed in Lucky Royale Residence rents for about AED 87,500 a year (median asking rent). That is a gross yield of 9.2% on the estimate.

Sales alert for Lucky Royale ResidenceAll sales in Lucky Royale Residence

Unit 504 · Unit 506