PropertyIndex

Il PRIMO

Completed · Q4 2022|137 units · 1 tower

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Il PRIMO is a completed apartment development by EMAAR DEVELOPMENT P.J.S.C. in Downtown Dubai, Burj Khalifa, comprising 137 registered units. 218 sales are registered with the Dubai Land Department, at a current PIX© price of AED 5,333 per sqft. At AED 5,333 per sqft, Il PRIMO prices 74% above the Downtown Dubai average of AED 3,071 per sqft on registered sales.

PIX© price · 1.0% YoY
31.36MAED
Typical
5,333AED
PSF
Gross yield
6.4%
PIX© rent ÷ PIX© price
Sale records
218
DLD · all time
Rent contracts
41
Ejari · all time
Il PRIMO

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
506 – 18,889 sqft
13731.36M5,3331.0%2.01M6.4%
Residential
Studio · Apartment
506 – 553 sqft
4
1 Bed · Apartment
647 – 2,423 sqft
7
2 Bed · Apartment
1,649 – 2,277 sqft
3
4 Bed · Apartment
5,176 – 5,300 sqft
104
5 Bed · Apartment
11,331 – 11,333 sqft
12
6 Bed · Apartment
15,857 – 18,889 sqft
3
Commercial
Shop
2,416 – 4,090 sqft
4
Sales — Project-Wide218 DLD records
Sale price AED/sqft · monthly · all time

Price per sqft has fallen -1.0% over the last 12 months, to AED 5,333, across 218 registered sales.

PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range · all time
PSF range
Avg size
Cash : mortgage
Off-plan : ready
DateSizePricePSFUnit TypeType
29 Jul 20265,30027,000,0005,094Entry LevelPayment Plan Sale
28 Jul 20265,30030,000,0005,660StandardPayment Plan Sale
22 Jul 20265,30031,500,0005,943PremiumPayment Plan Sale
Rentals — Project-Wide41 Ejari contracts
Annual rent AED · monthly · all time
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range · all time
Renewals
Corporate
Start DateSizeRent / YrRent PSFUnit TypeType
22 Aug 20265,1761,300,000251Entry Levelrenewal
1 Aug 20265,3002,600,000491Premiumnew
23 Jul 20265,3001,700,000321Entry Levelrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about Il PRIMO

Answered from Dubai Land Department registered transactions.

How much does a property in Il PRIMO cost?

Property in Il PRIMO sells at a current PIX© price of AED 5,333 per sqft, or about AED 31,358,597 for a typical unit, based on 218 sales registered with the Dubai Land Department.

Is Il PRIMO completed?

Yes. Il PRIMO is recorded as completed in the Dubai Land Department project register (completed q4 2022).

Who is the developer of Il PRIMO?

Il PRIMO is developed by EMAAR DEVELOPMENT P.J.S.C., the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Il PRIMO?

Il PRIMO yields 6.4% gross, calculated from current PIX© rent against current PIX© sale price, across 41 registered Ejari contracts.

How many units are in Il PRIMO?

Il PRIMO holds 137 registered units, per the Dubai Land Department unit register.

Have prices in Il PRIMO gone up or down?

Price per sqft has fallen -1.0% over the last 12 months, to AED 5,333, across 218 registered sales.