PropertyIndex

The Estate - 2

Completed · Q2 2022|21 townhouses · 19 villas

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The Estate - 2 is a completed villas development by DIGO REAL ESTATE DEVELOPMENT (BR OF INVEST GROUP OVERSEAS (L L C) ) in Al Furjan, Jabal Ali First, comprising 40 registered townhouses. 78 sales are registered with the Dubai Land Department, at a current PIX© price of AED 830 per sqft. At AED 830 per sqft, The Estate - 2 prices 40% below the Al Furjan average of AED 1,378 per sqft on registered sales.

PIX© price · 0.0% YoY
2.79MAED
Typical
830AED
PSF
Gross yield
5.3%
PIX© rent ÷ PIX© price
Sale records
78
DLD · all time
Rent contracts
47
Ejari · all time
The Estate - 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
2,398 – 9,418 sqft
402.79M8300.0%147K5.3%
Residential
3 Bed · Townhouse
2,398 – 2,428 sqft
21
3 Bed · Villa
2,398 sqft
7
4 Bed · Villa
6,508 – 9,418 sqft
12
Villa (Bedrooms Unknown)
2,398 sqft
Land
Land
9,644 sqft
Sales — Project-Wide78 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitSizePricePSFvs Prior SaleTierType
26 Dec 20243 Bed2,3983,350,0001,397+39.6%StandardStandard Sale
13 Dec 20243 Bed2,4213,550,0001,466+27.9%StandardStandard Sale
4 Apr 20243 Bed2,4213,100,0001,280+93.8%StandardStandard Sale
Rentals — Project-Wide47 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
10 Aug 20264 Bed6,529375,000570.0%Standardrenewal
23 Jul 20263 Bed2,398195,000810.0%Standardrenewal
15 Jul 20263 Bed2,398167,47570+15.5%Standardnew

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.

Common questions about The Estate - 2

Answered from Dubai Land Department registered transactions.

How much does a property in The Estate - 2 cost?

Property in The Estate - 2 sells at a current PIX© price of AED 830 per sqft, or about AED 2,789,340 for a typical unit, based on 78 sales registered with the Dubai Land Department.

Is The Estate - 2 completed?

Yes. The Estate - 2 is recorded as completed in the Dubai Land Department project register (completed q2 2022).

Who is the developer of The Estate - 2?

The Estate - 2 is developed by DIGO REAL ESTATE DEVELOPMENT (BR OF INVEST GROUP OVERSEAS (L L C) ), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Estate - 2?

The Estate - 2 yields 5.3% gross, calculated from current PIX© rent against current PIX© sale price, across 47 registered Ejari contracts.

How many townhouses are in The Estate - 2?

The Estate - 2 holds 40 registered townhouses, per the Dubai Land Department unit register.

Have prices in The Estate - 2 gone up or down?

Price per sqft has held flat over the last 12 months at AED 830, across 78 registered sales.