PropertyIndex

Brookfield-2

Completed · Q1 2019|75 villas

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Brookfield-2 is a completed villas development by DAMAC CRESCENT PROPERTIES in Damac Hills, Al Hebiah Third, comprising 75 registered villas. 148 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,390 per sqft. At AED 1,390 per sqft, Brookfield-2 prices 13% below the Damac Hills average of AED 1,599 per sqft on registered sales.

PIX© price · 10.6% YoY
5.71MAED
Typical
1,390AED
PSF
Gross yield
5.1%
PIX© rent ÷ PIX© price
Sale records
148
DLD · all time
Rent contracts
351
Ejari · all time
Brookfield-2

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
3,488 – 6,020 sqft
755.71M1,39010.6%289K5.1%
Residential
3 Bed · Villa
3,488 – 4,073 sqft
28
4 Bed · Villa
3,488 – 4,928 sqft
18
5 Bed · Villa
4,133 – 6,020 sqft
29
Villa (Bedrooms Unknown)
3,756 sqft
Land
Land
4,844 sqft
Sales — Project-Wide148 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
16 Jun 20265 Bed4,3707,250,0001,659+55.9%StandardStandard Sale
12 Jan 20264 Bed4,1015,500,0001,341+73.7%StandardStandard Sale
22 Jul 20253 Bed3,6854,550,0001,235+77.9%StandardLease-to-Own
Rentals — Project-Wide351 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 Aug 20265 Bed4,844280,00058-15.2%Standardnew
5 Aug 20263 Bed3,488220,00063-0.3%Entry Levelnew
27 Jul 20263 Bed3,488290,00083-23.7%Premiumnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Damac Hills

The closest-priced registered projects in Damac Hills.

Common questions about Brookfield-2

Answered from Dubai Land Department registered transactions.

How much does a property in Brookfield-2 cost?

Property in Brookfield-2 sells at a current PIX© price of AED 1,390 per sqft, or about AED 5,706,775 for a typical unit, based on 148 sales registered with the Dubai Land Department.

Is Brookfield-2 completed?

Yes. Brookfield-2 is recorded as completed in the Dubai Land Department project register (completed q1 2019).

Who is the developer of Brookfield-2?

Brookfield-2 is developed by DAMAC CRESCENT PROPERTIES, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Brookfield-2?

Brookfield-2 yields 5.1% gross, calculated from current PIX© rent against current PIX© sale price, across 351 registered Ejari contracts.

How many villas are in Brookfield-2?

Brookfield-2 holds 75 registered villas, per the Dubai Land Department unit register.

Have prices in Brookfield-2 gone up or down?

Price per sqft has risen +10.6% over the last 12 months, to AED 1,390, across 148 registered sales.