PropertyIndex

The Cosmopolitan

Completed · Q1 2014|368 units · 1 building

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The Cosmopolitan is a completed apartment development by DAMAC STAR PROPERTIES (L L C) in Business Bay, comprising 368 registered units. 982 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,536 per sqft. At AED 1,536 per sqft, The Cosmopolitan prices 37% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 2.6% YoY
1.10MAED
Typical
1,536AED
PSF
Gross yield
6.9%
PIX© rent ÷ PIX© price
Sale records
982
DLD · all time
Rent contracts
2,421
Ejari · all time
The Cosmopolitan

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
349 – 7,364 sqft
3681.10M1,5362.6%76K6.9%
Residential
Studio · Apartment
349 – 795 sqft
203
1 Bed · Apartment
711 – 1,323 sqft
92
2 Bed · Apartment
1,218 – 1,695 sqft
33
3 Bed · Apartment
1,617 – 3,545 sqft
27
Commercial
Office
7,364 sqft
2
Shop
636 – 1,220 sqft
11
Sales — Project-Wide982 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
Floor Analysis
last 24 months
Median PSF · 81 sales
Floors 1-9 · 33 sales
Floors 10-19 · 48 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
26 Jun 20262 BedFloor 41,2421,668,8881,343+4.3%Entry LevelStandard Sale
6 Jun 2026StudioFloor 18508800,0001,576+14.3%Entry LevelStandard Sale
18 May 2026StudioFloor 19498820,0001,648+3.1%StandardStandard Sale
Rentals — Project-Wide2,421 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 451 rentals
Floors 1-8 · 189 rentals
Floors 9-19 · 262 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
23 Aug 202636052,000145Entry Levelnew
16 Aug 2026Floor 848253,000110-18.5%Entry Levelnew
15 Aug 2026Floor 1550750,00099-4.8%Entry Levelnew

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 The Cosmopolitan

Answered from Dubai Land Department registered transactions.

How much does a property in The Cosmopolitan cost?

Property in The Cosmopolitan sells at a current PIX© price of AED 1,536 per sqft, or about AED 1,104,721 for a typical unit, based on 982 sales registered with the Dubai Land Department.

Is The Cosmopolitan completed?

Yes. The Cosmopolitan is recorded as completed in the Dubai Land Department project register (completed q1 2014).

Who is the developer of The Cosmopolitan?

The Cosmopolitan is developed by DAMAC STAR PROPERTIES (L L C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Cosmopolitan?

The Cosmopolitan yields 6.9% gross, calculated from current PIX© rent against current PIX© sale price, across 2,421 registered Ejari contracts.

How many units are in The Cosmopolitan?

The Cosmopolitan holds 368 registered units, per the Dubai Land Department unit register.

Have prices in The Cosmopolitan gone up or down?

Price per sqft has fallen -2.6% over the last 12 months, to AED 1,536, across 982 registered sales.