PropertyIndex

Rockwood

Completed · Q1 2018|177 villas

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Rockwood is a completed land development by DAMAC CRESCENT PROPERTIES in Damac Hills, Al Hebiah Third, comprising 177 registered villas. 336 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,237 per sqft. At AED 1,237 per sqft, Rockwood prices 23% below the Damac Hills average of AED 1,599 per sqft on registered sales.

PIX© price · 7.0% YoY
3.99MAED
Typical
1,237AED
PSF
Gross yield
5.7%
PIX© rent ÷ PIX© price
Sale records
336
DLD · all time
Rent contracts
698
Ejari · all time
Rockwood

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
2,517 – 4,844 sqft
1773.99M1,2377.0%228K5.7%
Residential
3 Bed · Villa
2,517 – 4,051 sqft
168
5 Bed · Villa
4,818 – 4,844 sqft
9
Villa (Bedrooms Unknown)
3,537 sqft
Land
Land
2,723 – 3,607 sqft
Sales — Project-Wide336 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
22 Jul 20263 Bed3,6074,550,0001,261StandardStandard Sale
20 Jul 20263 Bed2,8333,900,0001,377+38.1%PremiumStandard Sale
4 Jun 20263 Bed3,1853,950,0001,240+116.4%Entry LevelStandard Sale
Rentals — Project-Wide698 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 20263 Bed2,723190,00070-5.0%Standardnew
15 Aug 20263 Bed3,607235,00065-9.6%Premiumnew
15 Aug 20263 Bed3,607169,00047+5.0%Entry Levelrenewal

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 Rockwood

Answered from Dubai Land Department registered transactions.

How much does a property in Rockwood cost?

Property in Rockwood sells at a current PIX© price of AED 1,237 per sqft, or about AED 3,988,455 for a typical unit, based on 336 sales registered with the Dubai Land Department.

Is Rockwood completed?

Yes. Rockwood is recorded as completed in the Dubai Land Department project register (completed q1 2018).

Who is the developer of Rockwood?

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

What is the rental yield in Rockwood?

Rockwood yields 5.7% gross, calculated from current PIX© rent against current PIX© sale price, across 698 registered Ejari contracts.

How many villas are in Rockwood?

Rockwood holds 177 registered villas, per the Dubai Land Department unit register.

Have prices in Rockwood gone up or down?

Price per sqft has risen +7.0% over the last 12 months, to AED 1,237, across 336 registered sales.