Dubai, general view
Ac3
Motor City · Lootah Investement
Cancelled
Cancelled on the DLD register
Fewer than 5 home sales, Oct 2025–Sep 2026—
Rasha 2
Al Qusais Industrial Fourth Lootah InvestementDLD project 1307
Sheikh Zayed Road towers seen from above. A general view of Dubai, not this projectPhoto: monicker, Wikimedia Commons, CC BY-SA 3.0, resized and cropped
The short answer
Rasha 2 is listed as cancelled on the DLD register. Its 9 home sales over Oct 2025–Sep 2026 registered at a median AED 395k, AED 681 per sq ft.
DLD registerSourceDLD project registerFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
Cancelled
project 1307
Sales since Jan 2019SourceDLD registered salesWindowJan 2019–5 Oct 2026Based on32 salesFigurecount of registered sales of every typeDatasales to 5 Oct 2026How it is worked out
32
registered with DLD, all types
Median StudioSourceDLD registered salesWindowOct 2025–Sep 2026Based on5 salesFiguremedian price and median price per sq ft of home sales of this sizeDatasales to 5 Oct 2026How it is worked out
AED 350k
AED 668/sq ft · 5 sales
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on9 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 395k
9 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on10 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
10
−17% on Oct 2024–Sep 2025
Registered prices of studios here, Oct 2025–Sep 2026
Lower quartile, median and upper quartile of 5 home sales; median size 524 sq ft.
The DLD project register
CancelledCancelled on the DLD register
55.4% built at DLD’s inspection on 6 Feb 2014.
- DLD project number
- 1307
- Status
- Cancelled
- Completion date
- 23 May 2011
- Start date
- 18 Aug 2009
- Registered
- 9 Jan 2011
- Developer
- Lootah Real Estate Investement · DLD developer 876
- Escrow account bank
- Emirates Islamic Bank
- Units
- 193
- Buildings
- 1: Tasaheel
Inspection history: 3 inspections on the register
| Inspection date | Built |
|---|---|
| 6 Feb 2014 | 55.4% |
| 20 May 2013 | 54.72% |
| 23 Jan 2013 | 47.5% |
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. Lootah Investement can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-1307-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026| Size | Sales | Median price | Median AED /sq ft | Median size, sq ft |
|---|---|---|---|---|
| Studio | 5 | AED 350k | 668 | 524 |
| 1 BR | 4 · fewer than 5 | — | — | — |
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Check an asking price
use the size on the sale contractEnter the size and the asking price to compare them with registered sales.
The size starts at the median registered size for that size here; use the size on your sale contract. Fees as listed on DLD’s Property Sale Registration page. Compare with other projects in the price check
Latest registered sales
All recent sales| Date | Type | Sq ft | Price | AED /sq ft | vs area |
|---|---|---|---|---|---|
| 14 Sep 2026 | Flat · 1 BR Ready | 737 | AED 425k | 577 | — |
| 7 Sep 2026 | Flat · Studio Ready | 529 | AED 395k | 748 | +12% |
| 18 Jul 2026 | Flat · Studio Ready | 524 | AED 350k | 668 | +0% |
| 9 Jun 2026 | Flat · 1 BR Ready | 710 | AED 630k | 887 | — |
| 19 Jan 2026 | Flat · Studio ReadyTasaheel | 569 | AED 371k | 650 | −3% |
| 19 Jan 2026 | Flat · Studio ReadyTasaheel | 515 | AED 350k | 681 | +2% |
| 26 Dec 2025 | Flat · 1 BR ReadyTasaheel | 736 | AED 570k | 775 | — |
| 11 Dec 2025 | Flat · Studio ReadyTasaheel | 515 | AED 330k | 642 | −4% |
| 3 Dec 2025 | Flat · 3 BR ReadyTasaheel | 2,606 | AED 1.1m | — | — |
| 4 Nov 2025 | Flat · 1 BR ReadyTasaheel | 710 | AED 540k | 760 | — |
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Al Qusais Industrial Fourth, Oct 2025–Sep 2026.
Lootah Investement’s ads
Lootah Investement isn’t advertising Rasha 2 on Facebook or Instagram right now. When it does, the ads will show here with the prices they quote.
Checked in Meta’s Ad Library on 26 Oct 2026 · Search the Ad Library for Lootah Investement
Al Qusais Industrial Fourth market insights
Registered with DLD under the district Al Qusais Industrial Fourth, 2019 to 5 Oct 2026.
No sales in this range.
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
Studio
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
18 sales2025+1700%on 2019
Full years only, registered sales of every type. 7 sales in 2026 to 5 Oct.
Off-plan share
0% of the 13 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summarySales by year and by month
| Year | Sales | Off-plan | Ready | Value | Median home price | Median AED /sq ft |
|---|---|---|---|---|---|---|
| 2019 | 1 | 0 | 1 | AED 1.2m | — | — |
| 2021 | 1 | 0 | 1 | AED 400k | — | — |
| 2022 | 4 | 0 | 4 | AED 1.9m | — | — |
| 2023 | 2 | 0 | 2 | AED 830k | — | — |
| 2024 | 3 | 0 | 3 | AED 1.4m | — | — |
| 2025 | 15 | 0 | 15 | AED 7.4m | AED 388k | 683 |
| 2026 to 5 Oct | 6 | 0 | 6 | AED 2.5m | AED 383k | 674 |
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
32sales registered, Jan 2019 to Sep 2026
Every registered sale, all property types.
Other projects by Lootah Investement
| Project | Area | Completion date | Built | Sales, Oct 2025–Sep 2026 |
|---|---|---|---|---|
| Ac3 | Motor City | Cancelled | — | 1 |
More from Lootah Investement
Every Lootah Investement projectPhoto: Towers in Business Bay by giggel (Wikimedia Commons, CC BY 3.0). Resized and cropped.
Before you buy a home in Rasha 2
About Rasha 2
Rasha 2 is a Lootah Investement project in Al Qusais Industrial Fourth, Dubai, registered with the Dubai Land Department as project 1307 by Lootah Real Estate Investement. The register lists it as cancelled.
32 sales have been registered since Jan 2019, the first on 17 Jan 2019, 10 of them over Oct 2025–Sep 2026. Over those twelve months its 9 home sales registered at a median AED 395k. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is first of the 1 projects with a registered sale in Al Qusais Industrial Fourth, and first of Lootah Investement’s 2.
Questions about Rasha 2
Is Rasha 2 finished?
The DLD register lists Rasha 2 as cancelled.
What do homes in Rasha 2 sell for?
Studio: a median AED 350k, AED 668 per sq ft, from 5 sales. Registered home sales over Oct 2025–Sep 2026, not asking prices.
How many sales has Rasha 2 had?
32 sales registered with the Dubai Land Department since Jan 2019, 10 of them over Oct 2025–Sep 2026.
Who is the developer of Rasha 2?
The DLD register lists Lootah Real Estate Investement, DLD developer number 876, which we group under Lootah Investement.
Where is Rasha 2?
In Al Qusais Industrial Fourth, Dubai. The Dubai Land Department registers its sales under the district Al Qusais Industrial Fourth.
Which escrow account does DLD list for Rasha 2?
The DLD project register lists an escrow account with Emirates Islamic Bank for Rasha 2.
Cite this page
Rasha 2, Al Qusais Industrial Fourth. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/rasha-2
Sources: Dubai Land Department open data, registered sales to 5 Oct 2026, via Dubai Real Estate Data (CC BY 4.0), processed by Real Estate IQ; DLD project register, read 13 Oct 2026. Registered prices, not asking prices or valuations. How the figures are worked out.
Read next
GuideHow to check a Dubai off-plan project’s completion date
GuideAsking price or registered price: how to check a quote
TrackerActive projects on the DLD register, with their completion datesPhotos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Marina at night by Gfilip (Wikimedia Commons, CC BY-SA 4.0); Dubai skyline at dusk by imran shahabuddin (Wikimedia Commons, CC BY 2.0). Resized and cropped.