PropertyIndex

Wadi Tower

Completed · Q2 2020|207 units · 1 tower

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Wadi Tower is a completed apartment development by SKY ONE REAL ESTATE L.L.C in City Of Arabia, Wadi Al Safa 4, comprising 207 registered units. 103 sales are registered with the Dubai Land Department, at a current PIX© price of AED 732 per sqft. At AED 732 per sqft, Wadi Tower prices 56% below the City Of Arabia average of AED 1,662 per sqft on registered sales.

PIX© price · 9.4% YoY
883KAED
Typical
732AED
PSF
Gross yield
7.8%
PIX© rent ÷ PIX© price
Sale records
103
DLD · all time
Rent contracts
67
Ejari · all time
Wadi Tower

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
48 – 3,624 sqft
207883K7329.4%69K7.8%
Residential
1 Bed · Apartment
811 – 1,187 sqft
84
2 Bed · Apartment
1,313 – 1,445 sqft
109
3 Bed · Apartment
2,213 – 3,566 sqft
7
4 Bed · Apartment
3,242 – 3,624 sqft
2
Commercial
Store
48 – 86 sqft
5
Sales — Project-Wide103 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
DateUnitPositionSizePricePSFvs Prior SaleTierType
7 Aug 20261 BedFloor 20811568,778701-2.9%StandardStandard Sale
21 Jul 20262 BedFloor 121,4441,100,000762+7.1%StandardLease-to-Own
16 Jun 20261 BedFloor 8811650,000801+14.5%PremiumStandard Sale
Rentals — Project-Wide67 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Jul 20262 BedFloor 191,39970,000500.0%Standardrenewal
28 Jun 20261 BedFloor 981151,000630.0%Standardrenewal
1 Jun 20261 BedFloor 1881141,000510.0%Entry Levelrenewal

Comparables

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

Common questions about Wadi Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Wadi Tower cost?

Property in Wadi Tower sells at a current PIX© price of AED 732 per sqft, or about AED 882,730 for a typical unit, based on 103 sales registered with the Dubai Land Department.

Is Wadi Tower completed?

Yes. Wadi Tower is recorded as completed in the Dubai Land Department project register (completed q2 2020).

Who is the developer of Wadi Tower?

Wadi Tower is developed by SKY ONE REAL ESTATE L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Wadi Tower?

Wadi Tower yields 7.8% gross, calculated from current PIX© rent against current PIX© sale price, across 67 registered Ejari contracts.

How many units are in Wadi Tower?

Wadi Tower holds 207 registered units, per the Dubai Land Department unit register.

Have prices in Wadi Tower gone up or down?

Price per sqft has risen +9.4% over the last 12 months, to AED 732, across 103 registered sales.