PropertyIndex

Centaury

Completed · Q2 2022|413 villas

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Centaury is a completed land development by FRONT LINE INVESTMENT MANAGEMENT L.L.C in Damac Hills 2, Madinat Hind 4, comprising 413 registered villas. 156 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,017 per sqft. At AED 1,017 per sqft, Centaury prices 3% below the Damac Hills 2 average of AED 1,053 per sqft on registered sales.

PIX© price · 8.9% YoY
1.86MAED
Typical
1,017AED
PSF
Gross yield
5.5%
PIX© rent ÷ PIX© price
Sale records
156
DLD · all time
Rent contracts
1,127
Ejari · all time
Centaury

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
1,436 – 4,303 sqft
4131.86M1,0178.9%102K5.5%
Residential
2 Bed · Villa
1,436 sqft
48
3 Bed · Villa
1,634 – 4,303 sqft
353
6 Bed · Villa
3,380 – 4,157 sqft
12
Land
Land
1,436 – 1,882 sqft
Sales — Project-Wide156 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
22 Jul 20263 Bed1,6341,740,0001,065StandardLease-to-Own
17 Jul 20263 Bed1,6341,960,0001,200PremiumStandard Sale
14 Jul 20263 Bed2,5422,070,000814Entry LevelStandard Sale
Rentals — Project-Wide1,127 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
15 Sep 20262 Bed1,43685,00059Standardnew
12 Sep 20263 Bed1,882108,00057Standardrenewal
15 Aug 20262 Bed1,43693,000650.0%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 Centaury

Answered from Dubai Land Department registered transactions.

How much does a property in Centaury cost?

Property in Centaury sells at a current PIX© price of AED 1,017 per sqft, or about AED 1,860,615 for a typical unit, based on 156 sales registered with the Dubai Land Department.

Is Centaury completed?

Yes. Centaury is recorded as completed in the Dubai Land Department project register (completed q2 2022).

Who is the developer of Centaury?

Centaury 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 Centaury?

Centaury yields 5.5% gross, calculated from current PIX© rent against current PIX© sale price, across 1,127 registered Ejari contracts.

How many villas are in Centaury?

Centaury holds 413 registered villas, per the Dubai Land Department unit register.

Have prices in Centaury gone up or down?

Price per sqft has risen +8.9% over the last 12 months, to AED 1,017, across 156 registered sales.