PropertyIndex

Sanctuary

Completed · Q4 2019|388 villas

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Sanctuary is a completed land development by FRONT LINE INVESTMENT MANAGEMENT L.L.C in Damac Hills 2, Madinat Hind 4, comprising 388 registered villas. 173 sales are registered with the Dubai Land Department, at a current PIX© price of AED 953 per sqft. At AED 953 per sqft, Sanctuary prices 9% below the Damac Hills 2 average of AED 1,053 per sqft on registered sales.

PIX© price · 3.4% YoY
1.92MAED
Typical
953AED
PSF
Gross yield
5.8%
PIX© rent ÷ PIX© price
Sale records
173
DLD · all time
Rent contracts
1,299
Ejari · all time
Sanctuary

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 – 4,848 sqft
3881.92M9533.4%112K5.8%
Residential
2 Bed · Villa
1,436 sqft
18
3 Bed · Villa
1,634 – 3,738 sqft
242
4 Bed · Villa
1,718 – 2,318 sqft
110
6 Bed · Villa
3,466 – 4,848 sqft
18
Land
Land
1,436 – 1,882 sqft
Sales — Project-Wide173 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 20261,8821,600,000850StandardStandard Sale
16 Jul 20263 Bed1,9031,700,000893StandardLease-to-Own
16 Jul 20263 Bed1,6341,875,0001,148+41.5%PremiumStandard Sale
Rentals — Project-Wide1,299 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 20264 Bed1,882127,00067Premiumrenewal
26 Aug 20264 Bed1,882105,00056Entry Levelrenewal
19 Aug 20263 Bed1,882110,00058Standardnew

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 Sanctuary

Answered from Dubai Land Department registered transactions.

How much does a property in Sanctuary cost?

Property in Sanctuary sells at a current PIX© price of AED 953 per sqft, or about AED 1,915,923 for a typical unit, based on 173 sales registered with the Dubai Land Department.

Is Sanctuary completed?

Yes. Sanctuary is recorded as completed in the Dubai Land Department project register (completed q4 2019).

Who is the developer of Sanctuary?

Sanctuary 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 Sanctuary?

Sanctuary yields 5.8% gross, calculated from current PIX© rent against current PIX© sale price, across 1,299 registered Ejari contracts.

How many villas are in Sanctuary?

Sanctuary holds 388 registered villas, per the Dubai Land Department unit register.

Have prices in Sanctuary gone up or down?

Price per sqft has fallen -3.4% over the last 12 months, to AED 953, across 173 registered sales.