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Micasa Avenue is a completed apartment development by DIAMOND REAL ESTATE DEVELOPER in Al Furjan, Jabal Ali First, comprising 64 registered units. 2 sales are registered with the Dubai Land Department, at a current PIX© price of AED 954 per sqft. At AED 954 per sqft, Micasa Avenue prices 31% below the Al Furjan average of AED 1,378 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 493 – 1,328 sqft | 64 | 635K | 954 | — | 67K | 10.6% | |
| Residential | |||||||
1 Bed · Apartment 653 – 718 sqft | 49 | — | — | — | |||
2 Bed · Apartment 1,119 – 1,328 sqft | 14 | — | — | — | — | — | |
| Commercial | |||||||
Shop 493 sqft | 1 | — | — | — | — | — | — |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 10 Dec 2019 | Floor 2 | 666 | 635,000 | 954 | — | Standard | Standard Sale |
| 13 Mar 2019 | Floor 3 | 666 | 635,000 | 954 | — | Standard | Off-Plan Sale |
| 9 Dec 2014 | — | 19,673 | 6,500,000 | 330 | — | Standard | Payment Plan Sale |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 117 rentals |
| Floors 1-2 | 35 rentals |
| Floors 3-7 | 82 rentals |
| Start Date | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 15 Aug 2026 | Floor 7 | 662 | 52,000 | 79 | +5.3% | Standard | renewal |
| 1 Aug 2026 | Floor 3 | 653 | 52,500 | 80 | +5.0% | Standard | renewal |
| 25 Jul 2026 | Floor 2 | 695 | 60,000 | 86 | +17.6% | Standard | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Al Furjan
The closest-priced registered projects in Al Furjan.
- Azizi. OrchidAED 959/sqft
- Montrell Hotel AprtmentsAED 1,013/sqft
- Azizi Farishta ResidenceAED 1,016/sqft
- Al FouadAED 882/sqft
- Azizi. FreesiaAED 1,026/sqft
- Avenue Residence1AED 1,026/sqft
Common questions about Micasa Avenue
Answered from Dubai Land Department registered transactions.
How much does a property in Micasa Avenue cost?
Property in Micasa Avenue sells at a current PIX© price of AED 954 per sqft, or about AED 635,000 for a typical unit, based on 2 sales registered with the Dubai Land Department.
Is Micasa Avenue completed?
Yes. Micasa Avenue is recorded as completed in the Dubai Land Department project register (completed q4 2018).
Who is the developer of Micasa Avenue?
Micasa Avenue is developed by DIAMOND REAL ESTATE DEVELOPER, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Micasa Avenue?
Micasa Avenue yields 10.6% gross, calculated from current PIX© rent against current PIX© sale price, across 379 registered Ejari contracts.
How many units are in Micasa Avenue?
Micasa Avenue holds 64 registered units, per the Dubai Land Department unit register.