PropertyIndex

veneto

Completed · Q3 2023|101 villas

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veneto is a completed land development by DAMAC CRESCENT PROPERTIES in Damac Hills, Al Hebiah Third, comprising 101 registered villas. 167 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,776 per sqft. At AED 1,776 per sqft, veneto prices 11% above the Damac Hills average of AED 1,599 per sqft on registered sales.

PIX© price · 3.5% YoY
6.04MAED
Typical
1,776AED
PSF
Gross yield
6.9%
PIX© rent ÷ PIX© price
Sale records
167
DLD · all time
Rent contracts
163
Ejari · all time
veneto

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
1,462 – 10,957 sqft
1016.04M1,7763.5%414K6.9%
Residential
3 Bed · Villa
1,462 – 1,881 sqft
40
4 Bed · Villa
10,957 sqft
1
5 Bed · Villa
3,722 – 10,867 sqft
60
Villa (Bedrooms Unknown)
1,462 – 1,881 sqft
Land
Land
1,462 – 1,881 sqft
Sales — Project-Wide167 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
20 Jul 20265 Bed5,6179,200,0001,638+170.6%StandardStandard Sale
20 Apr 20265 Bed6,5729,800,0001,491StandardStandard Sale
8 Jan 20265 Bed3,7227,000,0001,881+84.1%StandardStandard Sale
Rentals — Project-Wide163 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 Jul 20263 Bed1,462140,00096-30.0%Entry Levelnew
1 Jul 20265 Bed6,040580,00096+16.0%Standardnew
30 Jun 20263 Bed1,881145,00077-21.4%Entry Levelnew

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 veneto

Answered from Dubai Land Department registered transactions.

How much does a property in veneto cost?

Property in veneto sells at a current PIX© price of AED 1,776 per sqft, or about AED 6,041,531 for a typical unit, based on 167 sales registered with the Dubai Land Department.

Is veneto completed?

Yes. veneto is recorded as completed in the Dubai Land Department project register (completed q3 2023).

Who is the developer of veneto?

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

What is the rental yield in veneto?

veneto yields 6.9% gross, calculated from current PIX© rent against current PIX© sale price, across 163 registered Ejari contracts.

How many villas are in veneto?

veneto holds 101 registered villas, per the Dubai Land Department unit register.

Have prices in veneto gone up or down?

Price per sqft has fallen -3.5% over the last 12 months, to AED 1,776, across 167 registered sales.