PropertyIndex

Albizia

Completed · Q1 2022|604 villas

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Albizia is a completed land development by FRONT LINE INVESTMENT MANAGEMENT L.L.C in Damac Hills 2, Madinat Hind 4, comprising 604 registered villas. 195 sales are registered with the Dubai Land Department, at a current PIX© price of AED 911 per sqft. At AED 911 per sqft, Albizia prices 13% below the Damac Hills 2 average of AED 1,053 per sqft on registered sales.

PIX© price · 2.4% YoY
1.35MAED
Typical
911AED
PSF
Gross yield
6.2%
PIX© rent ÷ PIX© price
Sale records
195
DLD · all time
Rent contracts
1,951
Ejari · all time
Albizia

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
1,208 – 4,929 sqft
6041.35M9112.4%83K6.2%
Residential
3 Bed · Villa
1,208 – 2,731 sqft
602
6 Bed · Villa
3,654 – 4,929 sqft
2
Land
Land
1,208 – 2,664 sqft
Sales — Project-Wide195 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
DateUnitSizePricePSFvs Prior SaleTierType
20 Jul 20263 Bed2,0381,450,000712-3.3%Entry LevelLease-to-Own
3 Jul 20263 Bed1,8421,450,000787Entry LevelStandard Sale
2 Jul 20263 Bed1,2081,200,000993StandardStandard Sale
Rentals — Project-Wide1,951 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
25 Aug 20263 Bed1,20873,00060Entry Levelnew
16 Aug 20263 Bed1,80282,000460.0%Standardnew
16 Aug 20263 Bed1,80282,00046-3.5%Standardnew

Comparables

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

Comparable projects in Damac Hills 2

The closest-priced registered projects in Damac Hills 2.

Common questions about Albizia

Answered from Dubai Land Department registered transactions.

How much does a property in Albizia cost?

Property in Albizia sells at a current PIX© price of AED 911 per sqft, or about AED 1,345,524 for a typical unit, based on 195 sales registered with the Dubai Land Department.

Is Albizia completed?

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

Who is the developer of Albizia?

Albizia is developed by FRONT LINE INVESTMENT MANAGEMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Albizia?

Albizia yields 6.2% gross, calculated from current PIX© rent against current PIX© sale price, across 1,951 registered Ejari contracts.

How many villas are in Albizia?

Albizia holds 604 registered villas, per the Dubai Land Department unit register.

Have prices in Albizia gone up or down?

Price per sqft has risen +2.4% over the last 12 months, to AED 911, across 195 registered sales.