PropertyIndex

The Opus By Omniyat

Completed · Q4 2017|294 units · 1 tower

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The Opus By Omniyat is a completed apartment development by OMNIYAT PROPERTIES SIX LIMITED in Business Bay, comprising 294 registered units. 486 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,456 per sqft. At AED 4,456 per sqft, The Opus By Omniyat prices 82% above the Business Bay average of AED 2,449 per sqft on registered sales.

PIX© price · 9.6% YoY
12.27MAED
Typical
4,456AED
PSF
Gross yield
2.8%
PIX© rent ÷ PIX© price
Sale records
486
DLD · all time
Rent contracts
919
Ejari · all time
The Opus By Omniyat

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
802 – 331,700 sqft
29412.27M4,4569.6%345K2.8%
Residential
Studio · Apartment
12,788 sqft
1
1 Bed · Apartment
802 – 1,533 sqft
76
2 Bed · Apartment
1,400 – 3,358 sqft
17
3 Bed · Apartment
3,587 – 6,071 sqft
3
Commercial
Office
1,297 – 6,693 sqft
176
Other Commercial
331,700 sqft
1
Shop
1,068 – 5,693 sqft
20
Land
Development Land
151,304 sqft
Sales — Project-Wide486 DLD records
Sale price AED/sqft · monthly · all time

Price per sqft has risen +9.6% over the last 12 months, to AED 4,456, across 486 registered sales.

PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range · all time
PSF range
Avg size
Cash : mortgage
Off-plan : ready
DateSizePricePSFUnit TypeType
23 Jul 20263,06815,000,0004,889Entry LevelStandard Sale
20 Jul 20268112,700,0003,328StandardStandard Sale
30 Jun 20262,92813,000,0004,439Entry LevelStandard Sale
Rentals — Project-Wide919 Ejari contracts
Annual rent AED · monthly · all time
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range · all time
Renewals
Corporate
Start DateSizeRent / YrRent PSFUnit TypeType
1 Jul 20272,708100,00037Standardrenewal
5 Jun 20272,939575,000196Standardrenewal
21 Apr 20272,12750,00024Standardrenewal

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 Opus By Omniyat

Answered from Dubai Land Department registered transactions.

How much does a property in The Opus By Omniyat cost?

Property in The Opus By Omniyat sells at a current PIX© price of AED 4,456 per sqft, or about AED 12,272,163 for a typical unit, based on 486 sales registered with the Dubai Land Department.

Is The Opus By Omniyat completed?

Yes. The Opus By Omniyat is recorded as completed in the Dubai Land Department project register (completed q4 2017).

Who is the developer of The Opus By Omniyat?

The Opus By Omniyat is developed by OMNIYAT PROPERTIES SIX LIMITED, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Opus By Omniyat?

The Opus By Omniyat yields 2.8% gross, calculated from current PIX© rent against current PIX© sale price, across 919 registered Ejari contracts.

How many units are in The Opus By Omniyat?

The Opus By Omniyat holds 294 registered units, per the Dubai Land Department unit register.

Have prices in The Opus By Omniyat gone up or down?

Price per sqft has risen +9.6% over the last 12 months, to AED 4,456, across 486 registered sales.