PropertyIndex

The Wings

Completed · Q3 2019|342 units · 3 buildings · 1 podium

Alerts: Get notified of every new DLD-registered sale and rental contract.

The Wings is a completed apartment development by ALMIZAN PROPERTY DEVELOPER L.L.C in Arjan, Al Barshaa South Third, comprising 342 registered units. 475 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,180 per sqft. At AED 1,180 per sqft, The Wings prices 23% below the Arjan average of AED 1,526 per sqft on registered sales.

PIX© price · 8.4% YoY
1.17MAED
Typical
1,180AED
PSF
Gross yield
6.1%
PIX© rent ÷ PIX© price
Sale records
475
DLD · all time
Rent contracts
1,457
Ejari · all time
The Wings

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
42 – 2,661 sqft
3421.17M1,1808.4%72K6.1%
Residential
Studio · Apartment
438 – 1,032 sqft
134
1 Bed · Apartment
708 – 1,782 sqft
116
2 Bed · Apartment
1,159 – 2,324 sqft
40
3 Bed · Apartment
1,506 – 2,661 sqft
24
Commercial
Shop
775 – 2,598 sqft
26
Store
42 sqft
2
Sales — Project-Wide475 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
Tower Analysis
last 24 months
All towers · 48 sales
Tower C · 25 sales
Tower B · 22 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
19 May 20261 BedTower C · Floor 2720850,0001,180+54.5%StandardStandard Sale
29 Apr 20261 BedTower C · Floor 4777350,000450-53.6%Entry LevelStandard Sale
16 Mar 20262 BedTower B · Floor 41,1801,390,0001,178+22.7%StandardStandard Sale
Rentals — Project-Wide1,457 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 404 rentals
Floor 1 · 103 rentals
Floors 2-4 · 301 rentals
Tower B · 81 rentals
Floor 1 · 22 rentals
Floors 2-4 · 59 rentals
Tower C · 116 rentals
Floor 1 · 32 rentals
Floors 2-4 · 84 rentals
Tower A · 207 rentals
Floor 1 · 49 rentals
Floors 2-4 · 158 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
25 Aug 20261 Bed81468,00084Standardnew
15 Aug 20261 BedTower C · Floor 279468,00086-9.3%Standardnew
15 Aug 20262 BedTower B · Floor 21,18088,00075Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Arjan

The closest-priced registered projects in Arjan.

Common questions about The Wings

Answered from Dubai Land Department registered transactions.

How much does a property in The Wings cost?

Property in The Wings sells at a current PIX© price of AED 1,180 per sqft, or about AED 1,174,638 for a typical unit, based on 475 sales registered with the Dubai Land Department.

Is The Wings completed?

Yes. The Wings is recorded as completed in the Dubai Land Department project register (completed q3 2019).

Who is the developer of The Wings?

The Wings is developed by ALMIZAN PROPERTY DEVELOPER L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Wings?

The Wings yields 6.1% gross, calculated from current PIX© rent against current PIX© sale price, across 1,457 registered Ejari contracts.

How many units are in The Wings?

The Wings holds 342 registered units, per the Dubai Land Department unit register.

Have prices in The Wings gone up or down?

Price per sqft has risen +8.4% over the last 12 months, to AED 1,180, across 475 registered sales.