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Avencia is a completed apartment development by FRONT LINE INVESTMENT MANAGEMENT L.L.C in Damac Hills 2, Madinat Hind 4, comprising 230 registered units. 75 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,098 per sqft. At AED 1,098 per sqft, Avencia prices 4% above the Damac Hills 2 average of AED 1,053 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
1 Bed 493 – 1,394 sqft | 230 | 0 | 0 | 0.0% | 0 | 0.0% |
| Building | Units | Avg size, sqft | Size range, sqft |
|---|---|---|---|
| Building #1198234058 | 24 | 619 | 493 – 744 |
| Building #119619027 | 16 | 619 | 493 – 744 |
| Building #1926755676 | 20 | 619 | 493 – 744 |
| Building #385496420 | 24 | 619 | 493 – 744 |
| Building #618396364 | 20 | 619 | 493 – 744 |
| Building #835591608 | 8 | 619 | 493 – 744 |
| Building #1773510144 | 8 | 619 | 493 – 744 |
| Building #873379945 | 24 | 619 | 493 – 744 |
| Building #761260067 | 16 | 619 | 493 – 744 |
| Building #874223907 | 8 | 619 | 493 – 744 |
| Building 1 | 8 | 749 | 637 – 1,238 |
| Building 1 | 8 | 812 | 637 – 1,233 |
| Building 1 | 8 | 808 | 637 – 1,242 |
| Building 1 | 8 | 815 | 637 – 1,263 |
| Building 1 | 6 | 837 | 637 – 1,230 |
| Building 1 | 6 | 847 | 637 – 1,297 |
| Building 1 | 8 | 817 | 637 – 1,257 |
| Building 1 | 10 | 813 | 637 – 1,394 |
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 Avencia
Answered from Dubai Land Department registered transactions.
How much does a property in Avencia cost?
Property in Avencia sells at a current PIX© price of AED 1,098 per sqft, or about AED 700,035 for a typical unit, based on 75 sales registered with the Dubai Land Department.
Is Avencia completed?
Yes. Avencia is recorded as completed in the Dubai Land Department project register (completed q2 2022).
Who is the developer of Avencia?
Avencia 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 Avencia?
Avencia yields 8.0% gross, calculated from current PIX© rent against current PIX© sale price, across 144 registered Ejari contracts.
How many units are in Avencia?
Avencia holds 230 registered units, per the Dubai Land Department unit register.
Have prices in Avencia gone up or down?
Price per sqft has risen +20.1% over the last 12 months, to AED 1,098, across 75 registered sales.