PropertyIndex

Al Habtoor City

Completed · Q1 2022|2,923 units · 3 towers · 3 podiums

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Al Habtoor City is a completed apartment development by AL HABTOOR CITY REAL ESTATE DEVELOPMENT (BR. OF DUBAI NATIONAL INVESTMENT CO L.L.C) in Business Bay, comprising 2,923 registered units. 1,692 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,765 per sqft. At AED 1,765 per sqft, Al Habtoor City prices 27% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 3.7% YoY
2.72MAED
Typical
1,765AED
PSF
Gross yield
5.7%
PIX© rent ÷ PIX© price
Sale records
1,692
DLD · all time
Rent contracts
6,432
Ejari · all time
Al Habtoor City

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
53 – 120,042 sqft
2,9232.72M1,7653.7%154K5.7%
Residential
Studio · Apartment
151 sqft
1
1 Bed · Apartment
419 – 2,136 sqft
420
2 Bed · Apartment
1,251 – 1,622 sqft
714
3 Bed · Apartment
1,795 – 2,972 sqft
253
4 Bed · Apartment
2,902 – 7,019 sqft
39
5 Bed · Apartment
9,453 – 9,468 sqft
3
6 Bed · Apartment
9,439 – 10,435 sqft
6
7 Bed · Apartment
15,944 – 29,952 sqft
3
Apartment (Bedrooms Unknown)
Commercial
Clinic
2,150 sqft
1
Office
2,181 – 4,340 sqft
3
Other Commercial
120,042 sqft
3
Parking
145 – 308 sqft
1,366
Restaurant
Shop
870 – 4,176 sqft
46
Store
53 – 146 sqft
65
Sales — Project-Wide1,692 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 & Floor Analysis
last 24 months
All towers · 207 sales
Floors 4-17 · 65 sales
Floors 18-68 · 142 sales
Meera Tower · 12 sales
Floors 4-17
Floors 18-68 · 10 sales
Noura Tower · 99 sales
Floors 4-17 · 34 sales
Floors 18-68 · 65 sales
Amna Tower · 96 sales
Floors 4-17 · 29 sales
Floors 18-68 · 67 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
14 Aug 20262 BedAmna Tower · Floor 161,5112,500,0001,654+22.5%Entry LevelStandard Sale
13 Aug 20262 BedAmna Tower · Floor 501,5112,600,0001,721+27.5%StandardStandard Sale
6 Aug 20261 BedNoura Tower · Floor 328101,550,0001,914+59.0%StandardStandard Sale
Rentals — Project-Wide6,432 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 · 1,573 rentals
Floors 1-61 · 1,536 rentals
Floors 62-68 · 37 rentals
Meera Tower · 525 rentals
Floors 1-61 · 525 rentals
Floors 62-68
Amna Tower · 509 rentals
Floors 1-61 · 488 rentals
Floors 62-68 · 21 rentals
Noura Tower · 529 rentals
Floors 1-61 · 513 rentals
Floors 62-68 · 16 rentals
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
24 Nov 20262 Bed1,356120,00089Entry Levelrenewal
15 Sep 20261 Bed1,034110,000106Standardrenewal
15 Sep 20263 Bed1,964179,02591Entry Levelrenewal

Comparables

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

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Al Habtoor City

Answered from Dubai Land Department registered transactions.

How much does a property in Al Habtoor City cost?

Property in Al Habtoor City sells at a current PIX© price of AED 1,765 per sqft, or about AED 2,717,513 for a typical unit, based on 1,692 sales registered with the Dubai Land Department.

Is Al Habtoor City completed?

Yes. Al Habtoor City is recorded as completed in the Dubai Land Department project register (completed q1 2022).

Who is the developer of Al Habtoor City?

Al Habtoor City is developed by AL HABTOOR CITY REAL ESTATE DEVELOPMENT (BR. OF DUBAI NATIONAL INVESTMENT CO L.L.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Al Habtoor City?

Al Habtoor City yields 5.7% gross, calculated from current PIX© rent against current PIX© sale price, across 6,432 registered Ejari contracts.

How many units are in Al Habtoor City?

Al Habtoor City holds 2,923 registered units across 3 towers, per the Dubai Land Department unit register.

Have prices in Al Habtoor City gone up or down?

Price per sqft has fallen -3.7% over the last 12 months, to AED 1,765, across 1,692 registered sales.