Flamingo Lux Residence
EMINENT REAL ESTATE DEVELOPMENT LLC-FZ · Home sales since 2026 · mostly resales in the 12 months to 17 Sep 2026
Dubai Land Department data shows the typical sale price (the median, ready and off-plan homes together) in Flamingo Lux Residence was AED 2,073/sqft in Jul 2026, from 5 home sales recorded.
Not recorded as finished
Check this project before you pay
Sent a brochure for Flamingo Lux Residence? This is what the Dubai Land Department’s records say, what other buyers paid, and what the records cannot tell you.
Is it on the Land Department’s project register?
Yes. This is what the Land Department’s projects file, dated 15 June 2026, says:
- Status:
- registration pending · 47% complete
- Target completion:
- no date on the record
- Escrow account:
- with First Abu Dhabi Bank
- Developer:
- EMINENT REAL ESTATE DEVELOPMENT LLC-FZ (developer no. 1338)
These are the file’s own entries as of that date, not today’s. A target date is not a promise, and an escrow account on the record is not an assurance about the project. The full record, with the developer’s licence entry, is in the card below.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What have buyers paid here?
Fewer than 8 off-plan sales of any one home size are recorded here so far. That is too few to set a quote against fairly, so there is no comparison with your quote. The area’s prices below are the nearest guide.
16 sales of finished homes are also recorded in this project. They are not in the figures above, which are off-plan sales only.
Dubai Land Department · recorded sales Off-plan sales of homes in this project, on record with the Land Department · sales of finished homes are not mixed in, and apartments are not mixed with villas. A home size is shown only with 8 or more sales behind it. File dated 8 Oct 2026 · synced 8 Oct 2026.
And in Meydan Avenue?
- Off-plan homes:
- AED 3,093/sqft typical price · Sep 2026 · 70 home sales
- Finished homes:
- AED 1,825/sqft typical price · Sep 2026 · 11 home sales
Each line is the last full month with 5 or more sales, so a month that has only just begun is not shown. Two different purchases, so they are shown apart and never mixed. Each line counts homes of every size in the area, this project’s included, so read it as a backdrop and not as a price for one home.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What has the developer done before?
EMINENT REAL ESTATE DEVELOPMENT LLC-FZ: 1 completed project and 0 off-plan or in progress, by Keyva’s count from 16 recorded sales, Jun 2026 to 17 Sep 2026.
Counts, not a rating. Keyva does not rank developers. See every project →
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What the records cannot tell you
- Whether the building will be finished on the date you were given.
- Whether the price is fair for the exact home you were offered. The sales above are what others paid.
- What the home will rent for, or what its yearly service charge will be, once it is built.
- Whether the person selling to you is a licensed broker. That one you can check yourself, free.
Check the broker’s licence →The free checks you can run yourself →
The Land Department’s record
registration pending · 47% complete · buildings
Registered developer: EMINENT REAL ESTATE DEVELOPMENT LLC-FZ (DLD no. 1338)
Master developer: MEYDAN GROUP (L.L.C) (DLD no. 1181)
Developer no. 1338 · licence 807700 (Meydan Freezone) · period 21 May 2018 to 19 May 2027 · in DLD's file dated 1 Oct 2026.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Escrow account with First Abu Dhabi Bank · Zoned by Dubai Municipality
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under Meydan Racecourse Community
Typical yearly rent of AED 97,000 across 1,859 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
AED 2,073/sqft
Jul 2026 · 5 home sales
—
No two months with 5+ resales 3 or more years apart.
4 months
Recorded home resales here fall in 4 months, Jun 2026 to Sep 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Flamingo Lux Residence — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Flamingo Lux Residence over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Flamingo Lux Residence itself. The rest are homes of the same size in Meydan Avenue, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| 1 bed | AED 1.46M | AED 74,000/yrsame size in Meydan Avenue · 151 new lets | 5.1% | 6 |
| 2 beds | AED 2.46M | AED 102,000/yrsame size in Meydan Avenue · 119 new lets | 4.1% | 6 |
| 3 beds | AED 4.01M | AED 175,000/yrsame size in Meydan Avenue · 101 new lets | 4.4% | 4 |
A separate reserve-fund line appears in 5 of the 5 project budgets counted together here; the middle of those is AED 1.3/sqft.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Flamingo Lux Residence
Is Flamingo Lux Residence selling off-plan or as resales?
0% of the 16 home sales recorded in Flamingo Lux Residence in the 12 months to 17 Sep 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Flamingo Lux Residence start selling?
The Land Department's register holds 16 home sales in Flamingo Lux Residence. The earliest was recorded in Jun 2026 and the newest in Sep 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Meydan Avenue typical price
-39.2%
Priced at or below the area's typical price. Jul 2026: 5 sales here against 166 in the area.
Developer track record
16 recorded sales
Matched to EMINENT REAL ESTATE DEVELOPMENT LLC-FZ, Jun 2026 to 17 Sep 2026.
1 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
2.3 km
Hartland International School
547 m
Grand Fresh
Schools
- Hartland International School2.3 km
- North London Collegiate School2.4 km
Supermarkets
- Grand Fresh547 m
- Fair Mart771 m
- Spinneys826 m
- allday2.3 km
Bus stops
- Clayton Residency 12.9 km
- Clayton Residency 22.9 km
- Fairview Residency 12.9 km
Parks
- Polo Residence Park826 m
- The Square2.3 km
- Al Quoz Pond Park2.9 km
- Nad Al Sheba Park2.9 km
Mosques
- مسجد خديجة الكبرى2.7 km
- Masjid Khadija Al Kubra2.7 km
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Meydan Avenue — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.
Other projects in Meydan Avenue
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Unknown developer
Mar 2026 · 5 home sales
IGO PROPERTY DEVELOPMENT L.L.C - FZ
Apr 2026 · 63 home sales
N A A S REAL ESTATE DEVELOPMENT L.L.C
Jan 2026 · 10 home sales
NURI REAL ESTATE DEVELOPMENT L.L.C
Apr 2026 · 5 home sales
Griffin Real Estate Development L.L.C
Nov 2025 · 6 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Flamingo Lux Residence?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.