PropertyIndex

Calero

Completed · Q1 2019|16 villas

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

Calero is a completed land development by DAMAC CRESCENT PROPERTIES in Damac Hills, Al Hebiah Third, comprising 16 registered villas. 26 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,200 per sqft. At AED 1,200 per sqft, Calero prices 25% below the Damac Hills average of AED 1,599 per sqft on registered sales.

PIX© price · 4.1% YoY
3.49MAED
Typical
1,200AED
PSF
Gross yield
5.5%
PIX© rent ÷ PIX© price
Sale records
26
DLD · all time
Rent contracts
58
Ejari · all time
Calero

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
2,693 – 4,844 sqft
163.49M1,2004.1%191K5.5%
3 Bed · Villa
2,693 – 3,033 sqft
13
4 Bed · Villa
4,792 sqft
1
5 Bed · Villa
4,787 – 4,844 sqft
2
Sales — Project-Wide26 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
7 Nov 20253 Bed2,7233,430,0001,260+25.1%StandardStandard Sale
14 Oct 20253 Bed2,7233,500,0001,285+33.0%StandardStandard Sale
9 Apr 20253 Bed2,6933,250,0001,207+18.6%Entry LevelStandard Sale
Rentals — Project-Wide58 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
28 Jul 20263 Bed2,723173,81064-3.4%Standardrenewal
29 Apr 20263 Bed2,723147,00054+5.0%Standardrenewal
3 Dec 20253 Bed2,723245,00090+2.1%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 Calero

Answered from Dubai Land Department registered transactions.

How much does a property in Calero cost?

Property in Calero sells at a current PIX© price of AED 1,200 per sqft, or about AED 3,490,212 for a typical unit, based on 26 sales registered with the Dubai Land Department.

Is Calero completed?

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

Who is the developer of Calero?

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

What is the rental yield in Calero?

Calero yields 5.5% gross, calculated from current PIX© rent against current PIX© sale price, across 58 registered Ejari contracts.

How many villas are in Calero?

Calero holds 16 registered villas, per the Dubai Land Department unit register.

Have prices in Calero gone up or down?

Price per sqft has risen +4.1% over the last 12 months, to AED 1,200, across 26 registered sales.