Illuminated apartment buildings and traffic light trails at Azizi Riviera in Meydan One. Area context, not a photograph of Flamingo Lux Residence.

Area view, not a building-specific photograph

Flamingo Lux Residence, Dubai

Meydan Racecourse CommunityMostly ready sales

Homes sold for a median AED 2,086 per sq ft. There were 16 sales in the last 12 months.

Mostly ready sales in Meydan Racecourse Community. A typical 1-bedroom home sold for AED 1,460,813.

Get a price for Flamingo Lux Residence

Photo: Ben Koorengevel / Unsplash

Median sold price
AED 2,086
Per sq ft, 12 months to 5 Oct 2026
Change in a year
Not enough data
Registered sales
16
12 months
Lowest recent sale
AED 1,462,062
Recent sales shown below
Typical price
1BRAED 1.46M2BRAED 2.46M3BRAED 4.01M
Rounded registered medians, the last 12 months to 5 Oct 2026

Price per sq ft over five years

Median sold price each quarter, against the Meydan Racecourse Community median. Gaps mean fewer than 3 sales that quarter.

Flamingo Lux Residence2,091Last recorded: 2026 Q3

Meydan Racecourse Community median3,385Last recorded: 2026 Q3

Flamingo Lux Residence median AED per sq ft by quarterSale figures only. Gaps mark missing values. See the table below for exact figures.08861,7722,6583,5444,4302021 Q42022 Q42023 Q42024 Q32025 Q32026 Q3Flamingo Lux Residence: 2,045, 2026 Q2Flamingo Lux Residence: 2,091, 2026 Q3Meydan Racecourse Community median: 1,034, 2021 Q4Meydan Racecourse Community median: 1,233, 2022 Q1. Mix of homes sold changed this quarterMeydan Racecourse Community median: 1,066, 2022 Q2. Mix of homes sold changed this quarterMeydan Racecourse Community median: 1,343, 2022 Q3Meydan Racecourse Community median: 1,232, 2022 Q4Meydan Racecourse Community median: 1,434, 2023 Q1Meydan Racecourse Community median: 1,350, 2023 Q2Meydan Racecourse Community median: 1,315, 2023 Q3Meydan Racecourse Community median: 1,420, 2023 Q4Meydan Racecourse Community median: 1,389, 2024 Q1Meydan Racecourse Community median: 1,445, 2024 Q2Meydan Racecourse Community median: 1,803, 2024 Q3. Mix of homes sold changed this quarterMeydan Racecourse Community median: 1,565, 2024 Q4. Mix of homes sold changed this quarterMeydan Racecourse Community median: 1,788, 2025 Q1Meydan Racecourse Community median: 1,687, 2025 Q2Meydan Racecourse Community median: 2,240, 2025 Q3Meydan Racecourse Community median: 2,274, 2025 Q4Meydan Racecourse Community median: 3,544, 2026 Q1Meydan Racecourse Community median: 3,461, 2026 Q2Meydan Racecourse Community median: 3,385, 2026 Q32,091

Exact registered values are available in the data table below.

Flamingo Lux Residence: 2 periods with values of 20 labelled periods.Meydan Racecourse Community median: 20 periods with values of 20 labelled periods. Missing values break the line; they are not treated as zero.
  • Meydan Racecourse Community median, 2022 Q1: Mix of homes sold changed this quarter
  • Meydan Racecourse Community median, 2022 Q2: Mix of homes sold changed this quarter
  • Meydan Racecourse Community median, 2024 Q3: Mix of homes sold changed this quarter
  • Meydan Racecourse Community median, 2024 Q4: Mix of homes sold changed this quarter
View chart data
Flamingo Lux Residence median AED per sq ft by quarter
PeriodFlamingo Lux ResidenceMeydan Racecourse Community median
2021 Q4Not reported1,034
2022 Q1Not reported1,233
2022 Q2Not reported1,066
2022 Q3Not reported1,343
2022 Q4Not reported1,232
2023 Q1Not reported1,434
2023 Q2Not reported1,350
2023 Q3Not reported1,315
2023 Q4Not reported1,420
2024 Q1Not reported1,389
2024 Q2Not reported1,445
2024 Q3Not reported1,803
2024 Q4Not reported1,565
2025 Q1Not reported1,788
2025 Q2Not reported1,687
2025 Q3Not reported2,240
2025 Q4Not reported2,274
2026 Q1Not reported3,544
2026 Q22,0453,461
2026 Q32,0913,385

Source: Land Department open data, 5 Oct 2026. Prices describe homes sold, not a valuation.

By number of bedrooms

Compare the median price paid for each home size.

1 bedroomAED 1.46M6 registered sales
2 bedroomsAED 2.46M6 registered sales
3 bedroomsAED 4.01M4 registered sales
HomeSalesMedian price, roundedSize, sq ftAED per sq ftArea rent a yearRent-to-price comparison
1 bedroom6AED 1.46M6962,099AED 80,0005.5%
2 bedrooms6AED 2.46M1,1572,126AED 120,8754.9%
3 bedrooms4AED 4.01M1,9062,102AED 150,0003.7%

Source: Land Department open data. Sale medians cover the last 12 months, to 5 Oct 2026. Rent source: Dubai Data (datadubai.ae), Continental Club Property. Area rents: Ejari, Meydan Racecourse Community.

Rents cover the whole community, not this building alone. They are the median Ejari rent for each home size. The rent-to-price comparison uses area rent and this building's sale median, before costs. It is not an observed building lease yield. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated.

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Latest registered sales

Compare the recorded prices, sizes and dates of the Flamingo Lux Residence sales shown below.

Latest registered sales
2026-09-172 bedroomsReady1,6703,698,3812,215
2026-08-202 bedroomsReady1,1582,499,8402,159
2026-08-053 bedroomsReady1,7773,700,0002,082
2026-07-282 bedroomsReady1,0942,111,2001,930
2026-07-132 bedroomsReady1,0951,985,5001,813
2026-07-083 bedroomsReady2,2864,740,0002,073
2026-07-073 bedroomsReady1,9584,307,0282,200
2026-07-071 bedroomReady6961,462,0622,101

Source: Land Department open data, 5 Oct 2026. Records don't include unit numbers, so individual homes can't be identified.

What a 1-bedroom home in Flamingo Lux Residence really costs

Use your purchase price, rent and charges to compare the cash needed and income after costs.

These inputs are examples. Sale medians and community rents help you start. They are not a quote for a home for sale.

Find your building’s approved rate on the Land Department's Service Charge Index. Match the usage and year.

How you're buying

Where your purchase costs go

The chart shows how the one-off purchase fees are divided for your inputs.

Cash you need on day one
AED 1,554,703
Net yield after costs
Add your service charge
Fees on top of the price
DLD transfer feeAED 58,433
DLD admin feeAED 580
Registration trustee fee (incl. VAT)AED 4,200
Agent commission (incl. VAT)AED 30,677
Total feesAED 93,890
Monthly mortgage payment
AED 0
Service charge a year
Add your service charge
Gross yield
5.5%

Source: fee schedule dated 2026-10-14. DLD transfer 4%, trustee and admin fees, mortgage registration 0.25% + AED 290, agent 2% + VAT. Official fee references and labelled calculator planning assumptions. Confirm the itemised charges in writing before a deal.

Open these figures in the full calculator

Price and size are this building's medians. Rent is the area-level Ejari median for a 1-bedroom home in Meydan Racecourse Community. Add the building's service charge from the Land Department's Service Charge Index to see the net yield.

Questions people ask

These answers explain the prices and registered sales shown for Flamingo Lux Residence.

What is the price per sq ft in Flamingo Lux Residence?

The median sold price was AED 2,086 per sq ft. There were 16 sales over the last 12 months to 5 Oct 2026. The last sale was on 17 Sept 2026.

How much does a 1-bedroom home in Flamingo Lux Residence cost?

The median price for a 1-bedroom home was AED 1,460,813. The median size was about 696 sq ft. This covers 6 sales in the last 12 months.

What rent does a 1-bedroom home near Flamingo Lux Residence get?

The median rent for that home size in Meydan Racecourse Community was AED 80,000 a year. The publisher sample has 964 Ejari contract records. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. The rent-to-price comparison is about 5.5%, before costs. This uses the building's median sale price and area rent. It is not an observed lease yield for this building.

Is Flamingo Lux Residence expensive for Meydan Racecourse Community?

Flamingo Lux Residence sells at 39.2% below the Meydan Racecourse Community median of AED 3,430 per sq ft, comparing both over the last 12 months.

Sources

Source update: 26 Oct 2026. Source: Dubai Land Department open data via Dubai Pulse, re-published by Dubai Real Estate Data (dataset), licensed CC BY 4.0. Sales to 5 Oct 2026. aggregated to medians; non-residential, land and flagged rows excluded. Source for rents, yields and project records: Dubai Data (datadubai.ae), Continental Club Property, based on Dubai Land Department open data, data to 22 Oct 2026, licensed CC BY 4.0. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. Publisher-reported gross yields use the publisher matched-segment sale-price denominator, not this page’s sale median; the matched-sale reporting period is not stated.