PropertyIndex

Amargo 2

Completed · Q1 2024|105 villas

Alerts: Get notified of every new DLD-registered sale and rental contract.

Amargo 2 is a completed land development by FRONT LINE INVESTMENT MANAGEMENT L.L.C in Damac Hills 2, Madinat Hind 4, comprising 105 registered villas. 87 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,313 per sqft. At AED 1,313 per sqft, Amargo 2 prices 25% above the Damac Hills 2 average of AED 1,053 per sqft on registered sales.

PIX© price · 0.8% YoY
1.64MAED
Typical
1,313AED
PSF
Gross yield
6.0%
PIX© rent ÷ PIX© price
Sale records
87
DLD · all time
Rent contracts
114
Ejari · all time
Amargo 2

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
1,164 – 2,321 sqft
1051.64M1,3130.8%99K6.0%
Residential
3 Bed · Villa
1,164 – 2,321 sqft
105
Land
Land
1,234 – 2,220 sqft
Sales — Project-Wide87 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
4 Jun 20263 Bed1,2341,630,0001,320+1.0%StandardStandard Sale
15 May 20263 Bed1,2371,760,0001,422+9.0%StandardStandard Sale
27 Apr 20263 Bed1,8721,860,000994+50.5%StandardStandard Sale
Rentals — Project-Wide114 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
14 Aug 20263 Bed1,23590,00073-19.6%Entry Levelnew
10 Aug 20263 Bed1,19495,00080-5.0%Standardnew
1 Aug 20263 Bed1,23692,000740.0%Standardrenewal

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 2

Answered from Dubai Land Department registered transactions.

How much does a property in Amargo 2 cost?

Property in Amargo 2 sells at a current PIX© price of AED 1,313 per sqft, or about AED 1,643,084 for a typical unit, based on 87 sales registered with the Dubai Land Department.

Is Amargo 2 completed?

Yes. Amargo 2 is recorded as completed in the Dubai Land Department project register (completed q1 2024).

Who is the developer of Amargo 2?

Amargo 2 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 2?

Amargo 2 yields 6.0% gross, calculated from current PIX© rent against current PIX© sale price, across 114 registered Ejari contracts.

How many villas are in Amargo 2?

Amargo 2 holds 105 registered villas, per the Dubai Land Department unit register.

Have prices in Amargo 2 gone up or down?

Price per sqft has fallen -0.8% over the last 12 months, to AED 1,313, across 87 registered sales.