PropertyIndex

Rochester

Completed · Q2 2019|128 villas

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Rochester is a completed land development by DAMAC CRESCENT PROPERTIES in Damac Hills, Al Hebiah Third, comprising 128 registered villas. 221 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,270 per sqft. At AED 1,270 per sqft, Rochester prices 21% below the Damac Hills average of AED 1,599 per sqft on registered sales.

PIX© price · 17.5% YoY
3.50MAED
Typical
1,270AED
PSF
Gross yield
6.3%
PIX© rent ÷ PIX© price
Sale records
221
DLD · all time
Rent contracts
533
Ejari · all time
Rochester

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
2,696 – 5,817 sqft
1283.50M1,27017.5%219K6.3%
Residential
3 Bed · Villa
2,696 – 3,751 sqft
125
4 Bed · Villa
3,447 – 3,488 sqft
2
5 Bed · Villa
5,817 sqft
1
Land
Land
2,723 – 3,488 sqft
Sales — Project-Wide221 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
9 Jul 20263 Bed2,7233,500,0001,285+37.1%StandardStandard Sale
9 Apr 20263 Bed2,7253,450,0001,266+40.8%Entry LevelStandard Sale
8 Apr 20263 Bed2,7233,500,0001,285+50.7%StandardStandard Sale
Rentals — Project-Wide533 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 Aug 20263 Bed3,166180,00057Entry Levelrenewal
15 Aug 20263 Bed3,071190,000620.0%Standardrenewal
14 Aug 20263 Bed2,976185,00062-11.9%Standardnew

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 Rochester

Answered from Dubai Land Department registered transactions.

How much does a property in Rochester cost?

Property in Rochester sells at a current PIX© price of AED 1,270 per sqft, or about AED 3,504,577 for a typical unit, based on 221 sales registered with the Dubai Land Department.

Is Rochester completed?

Yes. Rochester is recorded as completed in the Dubai Land Department project register (completed q2 2019).

Who is the developer of Rochester?

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

What is the rental yield in Rochester?

Rochester yields 6.3% gross, calculated from current PIX© rent against current PIX© sale price, across 533 registered Ejari contracts.

How many villas are in Rochester?

Rochester holds 128 registered villas, per the Dubai Land Department unit register.

Have prices in Rochester gone up or down?

Price per sqft has risen +17.5% over the last 12 months, to AED 1,270, across 221 registered sales.