2-bed · 1,234 sqftLucky 1 Residence, Jumeirah Village Circle (JVC) · 5th floor · completed 2022

509, Lucky 1 Residence

Sold prices and rental history: sold twice, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 24 October 2023
Last soldAED 1.4M24 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Lucky 1 Residence

What is 509 worth today?

Last sold for AED 1,400,000 in 2023

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24 Oct 2023SoldReady
AED 1,400,000AED 1,134 per sqft
10 Nov 2020Sold by developerOff-plan
AED 993,143AED 804 per sqft

Source: Dubai Land Department. Updated 24 October 2023.

Key facts

Type
2-bed apartment
Size
1,234 sqft
Floor
5th of 10
Parking
P2-26
Developer
Lucky Aeon Real Estate Development
Completed
2022
Last sold
AED 1.4M · October 2023

About 509, Lucky 1 Residence

509 is a two-bedroom apartment of 1,234 sqft on the 5th floor of Lucky 1 Residence, a 10-storey tower in Jumeirah Village Circle (JVC) completed in 2022 by Lucky Aeon Real Estate Development. It last sold on 24 October 2023 for AED 1,400,000, or AED 1,134 per sqft, in line with the AED 1,119 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in Lucky 1 Residence
1M1.2M1.4M202020222024Typical sale price by year: 2020 AED 1,016,833; 2021 AED 1,027,933; 2022 AED 1,099,000; 2023 AED 1,350,000; 2024 AED 1,425,000Sold by developer, November 2020: AED 993,143 (AED 804 per sqft)Sold, October 2023: AED 1,400,000 (AED 1,134 per sqft)

509 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 509, each contractTypical two-bed in Lucky 1 Residence
90K100K110K20222023202420252026Typical rent by year: 2022 AED 92,500; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 105,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Lucky 1 Residence, and where 509 sits

All 27 2-beds →

509 last sold in October 2023 at AED 1,134 per sqft, in line with what two-beds in Lucky 1 Residence were fetching at the time (AED 1,119).

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20251,398,000
23 Jan 20251,450,000
10 Dec 20241,830,000
29 Oct 20241,375,000
0 2-bed sales in the last 12 months

Lucky 1 Residence

Building

141 apartments, studios to 3-bed over 10 floors in Jumeirah Village Circle (JVC), completed in 2022 by Lucky Aeon Real Estate Development. 1 sold in the last 12 months.

Typical price per sqft
AED 1,138
Typical sale
AED 980K
Typical rent
AED 78K /yr
Typical yield
9.0%
Lucky 1 Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 5th floor

All 141 units in Lucky 1 Residence
Value
501StudioAED 575K · May 2023
5021-bedAED 851K · May 2023
5032-bedAED 1.3M · Jun 2023
5041-bedAED 825K · May 2023
5051-bedAED 955K · Nov 2024
5061-bedAED 830K · May 2023
5071-bedAED 880K · Sep 2023
1–7 of 14

509, Lucky 1 Residence in numbers

  • Sold twice: first on 10 November 2020 for AED 993,143, last on 24 October 2023 for AED 1,400,000 (AED 1,134 per sqft).

Source: Dubai Land Department. Updated 24 October 2023.

Questions about 509, Lucky 1 Residence

What did unit 509 last sell for?

AED 1,400,000 on 24 October 2023: AED 1,134 per sqft for 1,234 sqft. The unit has 2 registered sales; the first was AED 993,143 in November 2020.

How big is unit 509?

1,234 sqft (114.6 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2022.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 509, Lucky 1 Residence

Starts from the last sale price (AED 1.4M, 24 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →