Luxury Family Residences 2, Business Bay

Luxury Family Residences 2 is a mixed-use building in Business Bay, Dubai, developed by Kappa Acca. It holds about 229 units: studios, 1-bedroom apartments, 2-bedroom apartments, 4-bedroom apartments, commercial units.

The building was completed in 2025 and has been in use for about 1 years. 15 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,249 per sq ft.

Luxury Family Residences 2 is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

• A mixed-use ready building
• Located in Business Bay, Dubai
• Developed by Kappa Acca
• Completed in Q1 2025
• Unit types: Studio, 1 Bed, 2 Beds, 4 Beds, Commercial
• Sizes from 50 to 259,710 sq ft
• Service charge from AED 42.93 per sq ft
• Business Bay metro station 1.7 km away

Status

Ready

Developer

Kappa Acca

Location

Business Bay, Dubai

Completed

Q1 2025

Unit types

Studio, 1 Bed, 2 Beds, 4 Beds, Commercial

Prices from

AED 943.0K

Median price per sq ft

AED 2,249

Median gross yield

7.1%

Service charge

AED 42.93 per sq ft (2026)

Nearest metro

Burj Khalifa Road, 0.9 km

Price ranges from the most recent registered sales, by unit type:

• 1-bedroom apartments: AED 571.2K to AED 2.0M (626 to 627 sq ft), across 9 sales
• Studios: AED 900.0K to AED 1.3M (436 to 473 sq ft), across 9 sales
• 2-bedroom apartments: AED 2.0M to AED 2.0M (862 sq ft), across 2 sales

Studio homes in Luxury Family Residences 2 were let for AED 60.0K to AED 73.0K a year across 7 recent contracts, with a median of AED 60.0K.

Yearly rents from recent registered contracts, by unit type:

• Studios: AED 60.0K to AED 73.0K a year (405 to 473 sq ft), across 7 contracts
• 1-bedroom apartments: AED 85.0K a year (614 sq ft)

Every sale in Luxury Family Residences 2Every rent contract in Luxury Family Residences 2

The 2026 service charge in Luxury Family Residences 2 is AED 42.93 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from Luxury Family Residences 2 is Business Bay (red line, 1.7 km, about 5 min drive), then Burj Khalifa/Dubai Mall (red line, 2.3 km, about 7 min drive). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 0.9 km, about 11 min walk) and District 1 near High Speed Rail line (golden line, 1.1 km, about 13 min walk). Most residents will drive or take a taxi to the metro.

• Burj Khalifa RoadGolden line · 0.9 km · about 11 min walk
• District 1 near High Speed Rail lineGolden line · 1.1 km · about 13 min walk
• Business Bay InterchangeGolden line · 1.7 km · about 5 min drive
• Business BayRed line · 1.7 km · about 5 min drive
• Burj Khalifa/Dubai MallRed line · 2.3 km · about 7 min drive
• District 1Golden line · 2.9 km · about 8 min drive

The closest is Spinneys / south bridge downtowne Dubai, 0.9 km from Luxury Family Residences 2 (about 11 min walk).

• Spinneys / south bridge downtowne DubaiSupermarket · 0.9 km · about 11 min walk
• Spinneys/ Ontario TowerSupermarket · 1.1 km · about 13 min walk
• Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.2 km · about 14 min walk
• Spinneys / The Executive TowersSupermarket · 1.2 km · about 14 min walk
• Bay AvenueShopping Mall · 1.3 km · about 5 min drive

The closest is Maward Restaurant, 0.2 km from Luxury Family Residences 2 (about 2 min walk).

• Maward RestaurantRestaurant · 0.2 km · about 2 min walk
• Oberoi HotelHotel · 1 km · about 12 min walk
• Vida Hotels and ResortsHotel · 1 km · about 12 min walk
• Al Manzil HotelHotel · 1.2 km · about 14 min walk
• Qamardeen HotelHotel · 1.5 km · about 5 min drive

The closest is Al Amal Hospital, 2.9 km from Luxury Family Residences 2 (about 8 min drive).

• Al Amal HospitalHospital · 2.9 km · about 8 min drive
• Medcare HospitalHospital · 3 km · about 8 min drive
• Emirates HospitalHospital · 3.9 km · about 10 min drive
• Internationl Medical CenterHospital · 4.2 km · about 10 min drive
• Neuro Spinal hospitalHospital · 4.5 km · about 11 min drive

The closest is Dubai Bowling Centre, 1.8 km from Luxury Family Residences 2 (about 6 min drive).

• Dubai Bowling CentreSports Academy · 1.8 km · about 6 min drive
• Al Quoz Pond ParkPark · 1.9 km · about 6 min drive
• Safa ParkPark · 2.7 km · about 7 min drive
• Falcon Heritage and Sports CentreSports Academy · 3.7 km · about 9 min drive
• Falcon Centre and Cultural SportsSports Academy · 3.7 km · about 9 min drive

The nearest is GEMS Our Own Indian School, 1.6 km away. Ratings are the KHDA's latest inspection grades.

• GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.6 km
• Dubai International Private School - BrAmerican · KHDA: Good · 1.6 km
• Global Indian International School L.L.CIndian · KHDA: Good · 1.6 km
• Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.7 km
• Lycee Francais Jean Mermoz L.L.CFrench · KHDA: Not inspected due to COVID 19 · 2.2 km
• Japanese SchoolJapanese · KHDA: Good · 2.3 km

Business Bay has 257 buildings. A few others to compare Luxury Family Residences 2 with:

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  014 Tower

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  15 Northside Tower 1

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  15 Northside Tower 2

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  51 @ Business Bay

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  77S

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  AG Tower

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