PropertyIndex

Amargo

Completed · Q4 2022|398 villas

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Amargo is a completed land development by FRONT LINE INVESTMENT MANAGEMENT L.L.C in Damac Hills 2, Madinat Hind 4, comprising 398 registered villas. 129 sales are registered with the Dubai Land Department, at a current PIX© price of AED 961 per sqft. At AED 961 per sqft, Amargo prices 9% below the Damac Hills 2 average of AED 1,053 per sqft on registered sales.

PIX© price · 14.3% YoY
1.40MAED
Typical
961AED
PSF
Gross yield
6.1%
PIX© rent ÷ PIX© price
Sale records
129
DLD · all time
Rent contracts
1,167
Ejari · all time
Amargo

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 – 3,001 sqft
3981.40M96114.3%86K6.1%
Residential
3 Bed · Villa
1,208 – 3,001 sqft
351
5 Bed · Villa
1,208 – 1,802 sqft
47
Land
Land
1,208 – 2,179 sqft
Sales — Project-Wide129 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
14 Aug 20261,5041,350,000898StandardStandard Sale
6 Aug 20263 Bed1,2081,200,000993StandardStandard Sale
3 Aug 20263 Bed1,8021,430,000793Entry LevelStandard Sale
Rentals — Project-Wide1,167 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
5 Oct 20263 Bed1,80290,00050Premiumnew
3 Oct 20263 Bed1,50590,00060Premiumrenewal
25 Aug 20263 Bed1,20882,00068Standardrenewal

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 Amargo

Answered from Dubai Land Department registered transactions.

How much does a property in Amargo cost?

Property in Amargo sells at a current PIX© price of AED 961 per sqft, or about AED 1,396,613 for a typical unit, based on 129 sales registered with the Dubai Land Department.

Is Amargo completed?

Yes. Amargo is recorded as completed in the Dubai Land Department project register (completed q4 2022).

Who is the developer of Amargo?

Amargo 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 Amargo?

Amargo yields 6.1% gross, calculated from current PIX© rent against current PIX© sale price, across 1,167 registered Ejari contracts.

How many villas are in Amargo?

Amargo holds 398 registered villas, per the Dubai Land Department unit register.

Have prices in Amargo gone up or down?

Price per sqft has fallen -14.3% over the last 12 months, to AED 961, across 129 registered sales.