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Rukan

LMD · Rukan · 621 homes · Completed

A completed LMD project in Rukan: 621 homes, handed over in Jul 2024, six quarters after the Q1 2023 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 1,094 per sqft, 24% above the launch quarter.

Updated 27 Oct 2026
Completed Jul 2024Six quarters after Q1 2023 on the register
621 homesStudios, 1, 2 and 3 bedrooms
RukanDubai Land Department project 1570

Prices. Quarter by quarter since launch.

Launch quarter, Q2 2019AED 879/sqft
Median paid, Q3 2026AED 1,010/sqft
Sales, Jul 2025 to Jun 2026118
Median paidLatest quarterLaunch quarter AED 879
5001,000Q2 19: AED 879/sqft, 16 salesQ4 21: AED 659/sqft, 57 salesQ1 22: AED 769/sqft, 66 salesQ2 22: AED 796/sqft, 60 salesQ3 22: AED 760/sqft, 61 salesQ4 22: AED 805/sqft, 44 salesQ1 23: AED 823/sqft, 26 salesQ3 23: AED 894/sqft, 33 salesQ4 23: AED 805/sqft, 12 salesQ1 24: AED 894/sqft, 14 salesQ2 24: AED 797/sqft, 15 salesQ3 24: AED 864/sqft, 77 salesQ4 24: AED 940/sqft, 78 salesQ1 25: AED 991/sqft, 70 salesQ2 25: AED 1,017/sqft, 60 salesQ3 25: AED 1,074/sqft, 50 salesQ4 25: AED 1,100/sqft, 34 salesQ1 26: AED 1,154/sqft, 20 salesQ2 26: AED 1,131/sqft, 14 salesQ3 26: AED 1,010/sqft, 10 salesQ2 19Q3 20Q4 21Q1 23Q2 24Q3 25Q3 26
Every quarter as a table
QuarterMedian AED/sqftSales
Q2 201987916
Q4 202165957
Q1 202276966
Q2 202279660
Q3 202276061
Q4 202280544
Q1 202382326
Q3 202389433
Q4 202380512
Q1 202489414
Q2 202479715
Q3 202486477
Q4 202494078
Q1 202599170
Q2 20251,01760
Q3 20251,07450
Q4 20251,10034
Q1 20261,15420
Q2 20261,13114
Q3 20261,01010

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 launchDeliveredHandoverQ1 2023Q3 20246 quarters latePrice / sqftAED 879AED 1,094+24% on launch, resale median
Against the area. Median paid.
Rukan1,094
Rukan1,258

13% under 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 handed over?

In Jul 2024, when the first ready-market sale was registered. The register declared completion for Q1 2023, so it handed over six quarters late.

What do homes in Rukan sell for?

From Jul 2025 to Jun 2026, 118 homes sold on the register at a median of AED 1,094 per sqft and AED 585K per home. By unit type: Studio AED 502K (55 sales), 1 BR AED 750K (50 sales), 2 BR AED 950K (11 sales). These are registered deeds, not the developer's price list.

Who built Rukan?

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?

621, as counted on the Dubai Land Department register. The declared mix: 238 studios, 286 1 BR, 94 2 BR, 3 3 BR.

More in Rukan. 4 projects.

Completed 2023Rukan 3AED 1,458/sqft paid1,089 homes · 3 quarters lateCompleted 2025Rukan ResidenceAED 1,228/sqft paid153 homes · 4 quarters lateCompleted 2023Rukan2Few registered sales50 homes · 4 quarters late

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