PropertyIndex

The Flora

Completed · Q1 2019|67 villas

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The Flora is a completed land development by DAMAC CRESCENT PROPERTIES in Damac Hills, Al Hebiah Third, comprising 67 registered villas. 102 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,349 per sqft. At AED 1,349 per sqft, The Flora prices 16% below the Damac Hills average of AED 1,599 per sqft on registered sales.

PIX© price · 1.3% YoY
7.44MAED
Typical
1,349AED
PSF
Gross yield
5.9%
PIX© rent ÷ PIX© price
Sale records
102
DLD · all time
Rent contracts
215
Ejari · all time
The Flora

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
3,371 – 9,462 sqft
677.44M1,3491.3%438K5.9%
Residential
3 Bed · Villa
3,371 – 3,671 sqft
26
4 Bed · Villa
3,770 – 7,323 sqft
10
5 Bed · Villa
4,233 – 9,462 sqft
31
Villa (Bedrooms Unknown)
Land
Land
3,517 – 3,522 sqft
Sales — Project-Wide102 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 May 20265 Bed7,63411,500,0001,506+144.7%StandardStandard Sale
11 Feb 20265 Bed7,30412,198,7801,670StandardPayment Plan Sale
24 Nov 20254 Bed4,3245,950,0001,376+30.9%StandardStandard Sale
Rentals — Project-Wide215 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
10 Aug 20263 Bed3,522220,00062-10.8%Standardnew
7 Aug 20263 Bed3,671250,000680.0%Standardrenewal
19 Jul 20263 Bed3,517230,000650.0%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 The Flora

Answered from Dubai Land Department registered transactions.

How much does a property in The Flora cost?

Property in The Flora sells at a current PIX© price of AED 1,349 per sqft, or about AED 7,442,711 for a typical unit, based on 102 sales registered with the Dubai Land Department.

Is The Flora completed?

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

Who is the developer of The Flora?

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

What is the rental yield in The Flora?

The Flora yields 5.9% gross, calculated from current PIX© rent against current PIX© sale price, across 215 registered Ejari contracts.

How many villas are in The Flora?

The Flora holds 67 registered villas, per the Dubai Land Department unit register.

Have prices in The Flora gone up or down?

Price per sqft has fallen -1.3% over the last 12 months, to AED 1,349, across 102 registered sales.