PropertyIndex

Mimosa

Completed · Q3 2021|338 villas

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

Mimosa is a completed land development by FRONT LINE INVESTMENT MANAGEMENT L.L.C in Damac Hills 2, Madinat Hind 4, comprising 338 registered villas. 110 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,046 per sqft. At AED 1,046 per sqft, Mimosa prices in line with the Damac Hills 2 average of AED 1,053 per sqft on registered sales.

PIX© price · 3.2% YoY
1.31MAED
Typical
1,046AED
PSF
Gross yield
6.2%
PIX© rent ÷ PIX© price
Sale records
110
DLD · all time
Rent contracts
1,156
Ejari · all time
Mimosa

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 – 2,737 sqft
3381.31M1,0463.2%81K6.2%
Residential
3 Bed · Villa
1,208 – 2,737 sqft
338
Land
Land
1,208 – 2,471 sqft
Sales — Project-Wide110 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
21 Jul 20263 Bed1,2221,300,0001,064StandardStandard Sale
4 Jun 20263 Bed1,2081,190,000985StandardStandard Sale
13 Apr 20263 Bed1,2081,410,0001,167PremiumStandard Sale
Rentals — Project-Wide1,156 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
1 Sep 20263 Bed1,70295,00056Premiumnew
26 Aug 20263 Bed1,20885,00070Standardrenewal
25 Aug 20263 Bed1,80269,30038Entry Levelrenewal

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 Mimosa

Answered from Dubai Land Department registered transactions.

How much does a property in Mimosa cost?

Property in Mimosa sells at a current PIX© price of AED 1,046 per sqft, or about AED 1,306,206 for a typical unit, based on 110 sales registered with the Dubai Land Department.

Is Mimosa completed?

Yes. Mimosa is recorded as completed in the Dubai Land Department project register (completed q3 2021).

Who is the developer of Mimosa?

Mimosa 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 Mimosa?

Mimosa yields 6.2% gross, calculated from current PIX© rent against current PIX© sale price, across 1,156 registered Ejari contracts.

How many villas are in Mimosa?

Mimosa holds 338 registered villas, per the Dubai Land Department unit register.

Have prices in Mimosa gone up or down?

Price per sqft has fallen -3.2% over the last 12 months, to AED 1,046, across 110 registered sales.

About Mimosa

Mimosa is a fully completed, family-oriented residential sub-community of three-bedroom modern townhouses and villas developed by Front Line Investment Management L.L.C. and DAMAC Properties in DAMAC Hills 2, Dubai.

Overview and Construction History

Mimosa is a completed residential cluster of townhouses and villas situated within the master-planned development of DAMAC Hills 2 (formerly Akoya Oxygen). Registered officially in late 2016, construction on the sub-community commenced on February 1, 2017. Arabtec Construction LLC served as the main contractor, building the villas under a contract valued at AED 424 million that also spanned the adjacent Basswood and Amazonia clusters. KEO International Consultants managed lead design and construction supervision. The project was completed between late 2020 and mid-2021.

Residential Inventory and Architectural Style

The properties within Mimosa feature modern architectural aesthetics emphasizing earthy tones and natural finishes designed to blend into the surrounding environment. The inventory is restricted to three-bedroom configurations spanning built-up areas of 1,208 to 2,150 square feet. Layout versions include 'The Ultimate Luxury Collection' and 'Fresh Villas' (marketed during off-plan launches as Akoya Fresh). Each residence is equipped with covered carports, built-in wardrobes, en-suite balconies, and private gardens.

Shared Master Community Amenities

Residents of the Mimosa cluster enjoy shared access to the extensive, themed leisure towns of DAMAC Hills 2. These include Water Town, sports facilities within Sports Town, Equestrian Town stables, a Go-karting circuit in Motor Town, and a central retail community mall. These areas are reachable within a short drive from the gated entrance of the Mimosa sub-community.

Amenities
  • Private Garden
    Each townhouse and villa features a private garden or lawn area.
  • Covered Carport
    Private covered parking space is included with each residential unit.
  • Gated Sub-community Security
    The sub-community features gated security with controlled access.
  • Water Town
    A community waterpark zone featuring Malibu Beach (wave pool), a lazy river, a splash pad, a water playground, and water slides.
  • Sports Town
    A community sports zone featuring tennis courts, football fields, cricket pitches, basketball courts, and an outdoor gym.
  • Equestrian Town
    Features dedicated horse stables and equestrian trails.
  • Motor Town
    Features a Go-karting circuit.
  • Downtown
    A central recreational hub featuring an amphitheatre, a barbecue zone, boating and fishing lakes, a floating cinema, a maze, a petting farm, and a zen garden.
  • DAMAC Hills 2 Community Mall
    A retail center featuring supermarkets, cafes, and restaurants.
Also known as DAMAC Hills (2) - Mimosa, Mimosa Cluster, Akoya Oxygen - Mimosa, Mimosa at DAMAC Hills 2.