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L05

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Nakheel
52
Total Units
44
Sold
⃃ 305,000
Median Price
⃃ 530
Median Price /sqft
Construction progress: 100% (As of Oct-2011)
Start: Oct, 2007Completion: Jan, 2012

L05 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio24460 sqft - 480 sqft⃃ 0.3M (700 /sqft)⃃ 760 /sqft
-7.86
1 Bed20720 sqft - 900 sqft⃃ 0.5M (510 /sqft)⃃ 670 /sqft
-24.12

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Loading chart
November 2026 is partial (13 days) and is excluded from the chart

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
Commercial, ****—883 sqft
Commercial, ****—710 sqft
Commercial, ****—947 sqft
Commercial, ****—624 sqft
Commercial, ****—409 sqft
Commercial, ****—570 sqft
Commercial, ****—570 sqft
Commercial, ****—366 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment721 sqft⃃ 470,000⃃ 652 /sqft10, Oct 2025
1Apartment904 sqft2.88 sqft⃃ 460,000⃃ 509 /sqft14, Oct 2026
1Apartment721 sqft⃃ 390,000⃃ 541 /sqft05, Sep 2013
1Apartment721 sqft⃃ 270,000⃃ 374 /sqft24, Mar 2019
1Apartment721 sqft⃃ 230,000⃃ 319 /sqft10, Jun 2012
StudioApartment463 sqft⃃ 320,000⃃ 691 /sqft26, Aug 2025
StudioApartment463 sqft⃃ 315,000⃃ 680 /sqft13, Feb 2014
StudioApartment484 sqft1.79 sqft⃃ 312,500⃃ 646 /sqft25, Feb 2025
StudioApartment484 sqft1.75 sqft⃃ 290,000⃃ 599 /sqft01, Feb 2009
StudioApartment484 sqft1.76 sqft⃃ 218,900⃃ 452 /sqft18, Jul 2023
StudioApartment484 sqft1.78 sqft⃃ 180,000⃃ 372 /sqft02, Jul 2012
1Apartment721 sqft3.85 sqft⃃ 410,000⃃ 569 /sqft29, Sep 2026
1Apartment721 sqft3.92 sqft⃃ 360,000⃃ 499 /sqft30, Sep 2018
1Apartment904 sqft2.88 sqft⃃ 328,200⃃ 363 /sqft20, Sep 2023
1Apartment721 sqft⃃ 310,000⃃ 430 /sqft03, Feb 2023

L05 Real Estate Data – FAQ

  • What is the current property supply in L05?

    L05 has approximately 7 completed residential units.

  • How active is the real estate market in L05?

    L05 recorded 5 property transactions over the last 12 months.

  • What is the average price /sqft in L05?

    The median recorded sale price in L05 is ⃃ 570 /sqft.

  • What rental yield can investors expect in L05?

    The gross rental yield in L05 is 11%, calculated from median rental income and comparable median sale prices.

  • How much have property prices increased in L05?

    The year-over-year median price per square foot change in L05 is -12.8%, comparing consecutive 12-month periods.

  • How many off-plan projects are currently in L05?

    L05 has 0 recorded active off-plan projects.

  • What is the future supply pipeline in L05?

    The recorded off-plan pipeline in L05 contains 0 units.

  • Is L05 a good area for property investment?

    Assess L05 using available transaction, rental and supply data. Missing metrics do not establish investment performance, and historical results do not guarantee future returns.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    The gross rental yield in L05 is 11%, calculated from median rental income and comparable median sale prices.