PropertyIndex

Brookfield-3

Completed · Q1 2019|20 villas

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Brookfield-3 is a completed villas development by DAMAC CRESCENT PROPERTIES in Damac Hills, Al Hebiah Third, comprising 20 registered villas. 36 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,410 per sqft. At AED 1,410 per sqft, Brookfield-3 prices 12% below the Damac Hills average of AED 1,599 per sqft on registered sales.

PIX© price · 14.0% YoY
12.38MAED
Typical
1,410AED
PSF
Gross yield
3.4%
PIX© rent ÷ PIX© price
Sale records
36
DLD · all time
Rent contracts
75
Ejari · all time
Brookfield-3

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
6,835 – 14,169 sqft
2012.38M1,41014.0%420K3.4%
Residential
5 Bed · Villa
6,835 – 7,565 sqft
18
6 Bed · Villa
10,764 – 14,169 sqft
2
Villa (Bedrooms Unknown)
14,096 sqft
Land
Land
7,406 – 12,404 sqft
Sales — Project-Wide36 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
26 Feb 20265 Bed7,40610,000,0001,350+20.5%StandardStandard Sale
12 Nov 20255 Bed7,4068,200,0001,107-11.6%StandardStandard Sale
12 Nov 20255 Bed7,40615,000,0002,026+60.4%StandardStandard Sale
Rentals — Project-Wide75 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 Aug 20265 Bed7,403600,000810.0%Standardnew
15 Jun 20265 Bed7,406398,90754-7.2%Standardrenewal
1 May 20266 Bed10,76495,0000.0%Standardrenewal

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-3

Answered from Dubai Land Department registered transactions.

How much does a property in Brookfield-3 cost?

Property in Brookfield-3 sells at a current PIX© price of AED 1,410 per sqft, or about AED 12,382,483 for a typical unit, based on 36 sales registered with the Dubai Land Department.

Is Brookfield-3 completed?

Yes. Brookfield-3 is recorded as completed in the Dubai Land Department project register (completed q1 2019).

Who is the developer of Brookfield-3?

Brookfield-3 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-3?

Brookfield-3 yields 3.4% gross, calculated from current PIX© rent against current PIX© sale price, across 75 registered Ejari contracts.

How many villas are in Brookfield-3?

Brookfield-3 holds 20 registered villas, per the Dubai Land Department unit register.

Have prices in Brookfield-3 gone up or down?

Price per sqft has risen +14.0% over the last 12 months, to AED 1,410, across 36 registered sales.