PropertyIndex

Violet

Under Construction · 55%|526 villas

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Violet is an under-construction land development by FRONT LINE INVESTMENT MANAGEMENT L.L.C in Damac Hills 2, Madinat Hind 4, comprising 526 registered villas. 540 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,279 per sqft. At AED 1,279 per sqft, Violet prices 21% above the Damac Hills 2 average of AED 1,053 per sqft on registered sales.

PIX© price · 15.3% YoY
1.55MAED
Typical
1,279AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
540
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Violet

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 YoY
PIX© Core
Project-Wide
1,215 – 2,541 sqft
5261.55M1,27915.3%
Residential
4 Bed · Villa
1,215 – 2,541 sqft
526
Land
Land
1,215 – 1,951 sqft
No rental contracts registered — the project has not handed over.
Sales — Project-Wide540 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
17 Jul 20264 Bed1,2151,869,0001,5390.0%StandardPayment Plan Sale
23 Jun 20264 Bed1,2151,640,0001,350-12.3%StandardPayment Plan Sale
13 Apr 20261,215923,255760-48.0%StandardPayment Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

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 Violet

Answered from Dubai Land Department registered transactions.

How much does a property in Violet cost?

Property in Violet sells at a current PIX© price of AED 1,279 per sqft, or about AED 1,553,693 for a typical unit, based on 540 sales registered with the Dubai Land Department.

When is Violet handing over?

Violet is under construction, and is 55% complete against the Dubai Land Department's reported progress.

Who is the developer of Violet?

Violet is developed by FRONT LINE INVESTMENT MANAGEMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many villas are in Violet?

Violet holds 526 registered villas, per the Dubai Land Department unit register.

Have prices in Violet gone up or down?

Price per sqft has fallen -15.3% over the last 12 months, to AED 1,279, across 540 registered sales.