PropertyIndex

Topanga

Completed · Q2 2018|142 villas

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Topanga is a completed land development by DAMAC CRESCENT PROPERTIES in Damac Hills, Al Hebiah Third, comprising 142 registered villas. 230 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,293 per sqft. At AED 1,293 per sqft, Topanga prices 19% below the Damac Hills average of AED 1,599 per sqft on registered sales.

PIX© price · 2.9% YoY
4.02MAED
Typical
1,293AED
PSF
Gross yield
4.9%
PIX© rent ÷ PIX© price
Sale records
230
DLD · all time
Rent contracts
625
Ejari · all time
Topanga

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
2,494 – 6,051 sqft
1424.02M1,2932.9%196K4.9%
Residential
3 Bed · Villa
2,494 – 6,051 sqft
138
4 Bed · Villa
2,704 sqft
1
5 Bed · Villa
4,844 sqft
2
6 Bed · Villa
4,295 sqft
1
Land
Land
2,708 – 3,740 sqft
Sales — Project-Wide230 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
27 Feb 20263 Bed2,7233,500,0001,285+31.2%StandardStandard Sale
17 Feb 20263 Bed3,4884,990,0001,431+162.6%StandardStandard Sale
13 Feb 20263 Bed2,7273,425,0001,256+48.9%StandardStandard Sale
Rentals — Project-Wide625 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 Bed2,726190,000700.0%Standardrenewal
1 Aug 20263 Bed3,487250,000720.0%Premiumrenewal
1 Aug 20263 Bed3,676220,00060+17.4%Premiumnew

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 Topanga

Answered from Dubai Land Department registered transactions.

How much does a property in Topanga cost?

Property in Topanga sells at a current PIX© price of AED 1,293 per sqft, or about AED 4,021,947 for a typical unit, based on 230 sales registered with the Dubai Land Department.

Is Topanga completed?

Yes. Topanga is recorded as completed in the Dubai Land Department project register (completed q2 2018).

Who is the developer of Topanga?

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

What is the rental yield in Topanga?

Topanga yields 4.9% gross, calculated from current PIX© rent against current PIX© sale price, across 625 registered Ejari contracts.

How many villas are in Topanga?

Topanga holds 142 registered villas, per the Dubai Land Department unit register.

Have prices in Topanga gone up or down?

Price per sqft has fallen -2.9% over the last 12 months, to AED 1,293, across 230 registered sales.