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Rukan 3

LMD · Rukan · 1,089 homes · Completed

A completed LMD project in Rukan: 1,089 homes, handed over in Aug 2023, three quarters after the Q4 2022 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 1,458 per sqft, 117% above the launch quarter.

Updated 27 Oct 2026
Completed Aug 2023Three quarters after Q4 2022 on the register
1,089 homes1, 2, 3 and 4+ bedrooms
RukanDubai Land Department project 2217

Prices. Quarter by quarter since launch.

Launch quarter, Q1 2021AED 672/sqft
Median paid, Q3 2026AED 1,669/sqft
Sales, Jul 2025 to Jun 2026279
Median paidLatest quarterLaunch quarter AED 672
1,000Q1 21: AED 672/sqft, 11 salesQ2 21: AED 605/sqft, 104 salesQ3 21: AED 649/sqft, 21 salesQ4 21: AED 645/sqft, 32 salesQ1 22: AED 847/sqft, 120 salesQ2 22: AED 633/sqft, 122 salesQ3 22: AED 767/sqft, 124 salesQ4 22: AED 813/sqft, 142 salesQ1 23: AED 740/sqft, 97 salesQ2 23: AED 862/sqft, 44 salesQ3 23: AED 874/sqft, 50 salesQ4 23: AED 886/sqft, 88 salesQ1 24: AED 984/sqft, 102 salesQ2 24: AED 1,134/sqft, 56 salesQ3 24: AED 1,132/sqft, 48 salesQ4 24: AED 1,120/sqft, 51 salesQ1 25: AED 1,143/sqft, 83 salesQ2 25: AED 1,328/sqft, 95 salesQ3 25: AED 1,171/sqft, 124 salesQ4 25: AED 1,561/sqft, 78 salesQ1 26: AED 1,655/sqft, 50 salesQ2 26: AED 1,523/sqft, 27 salesQ3 26: AED 1,669/sqft, 19 salesQ1 21Q1 22Q1 23Q1 24Q1 25Q1 26Q3 26
Every quarter as a table
QuarterMedian AED/sqftSales
Q1 202167211
Q2 2021605104
Q3 202164921
Q4 202164532
Q1 2022847120
Q2 2022633122
Q3 2022767124
Q4 2022813142
Q1 202374097
Q2 202386244
Q3 202387450
Q4 202388688
Q1 2024984102
Q2 20241,13456
Q3 20241,13248
Q4 20241,12051
Q1 20251,14383
Q2 20251,32895
Q3 20251,171124
Q4 20251,56178
Q1 20261,65550
Q2 20261,52327
Q3 20261,66919

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs delivered. Launch to today.

At launchDeliveredHandoverQ4 2022Q3 20233 quarters latePrice / sqftAED 672AED 1,458+117% on launch, resale median
Against the area. Median paid.
Rukan 31,458
Rukan1,258

16% over the Rukan median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When was Rukan 3 handed over?

In Aug 2023, when the first ready-market sale was registered. The register declared completion for Q4 2022, so it handed over three quarters late.

What do homes in Rukan 3 sell for?

From Jul 2025 to Jun 2026, 279 homes sold on the register at a median of AED 1,458 per sqft and AED 1.02M per home. By unit type: 1 BR AED 950K (155 sales), 2 BR AED 1.61M (92 sales), 3 BR AED 2.1M (27 sales), 4+ BR AED 3.07M (5 sales). These are registered deeds, not the developer's price list.

Who built Rukan 3?

LMD. The project is registered to LMD on the Dubai Land Department register, which lists 10 projects for the developer in Dubai, 4 of them under construction.

How many homes are in Rukan 3?

1,089, as counted on the Dubai Land Department register. The declared mix: 636 1 BR, 340 2 BR, 95 3 BR, 18 4+ BR.

More in Rukan. 4 projects.

Completed 2024RukanAED 1,094/sqft paid621 homes · 6 quarters lateCompleted 2025Rukan ResidenceAED 1,228/sqft paid153 homes · 4 quarters lateCompleted 2023Rukan2Few registered sales50 homes · 4 quarters late

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