PropertyIndex

Imperial Avenue

Completed · Q4 2023|431 units · 1 tower

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Imperial Avenue is a completed apartment development by SP INTERNATIONAL PROPERTY DEVELOPERS L.L.C in Downtown Dubai, Burj Khalifa, comprising 431 registered units. 776 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,384 per sqft. At AED 2,384 per sqft, Imperial Avenue prices 22% below the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 13.4% YoY
4.40MAED
Typical
2,384AED
PSF
Gross yield
5.5%
PIX© rent ÷ PIX© price
Sale records
776
DLD · all time
Rent contracts
152
Ejari · all time
Imperial Avenue

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
808 – 11,004 sqft
4314.40M2,38413.4%241K5.5%
Residential
1 Bed · Apartment
808 – 1,153 sqft
100
2 Bed · Apartment
1,268 – 1,816 sqft
152
3 Bed · Apartment
1,802 – 3,855 sqft
131
4 Bed · Apartment
3,059 – 5,636 sqft
30
5 Bed · Apartment
5,422 – 11,004 sqft
10
Commercial
Shop
1,107 – 3,585 sqft
8
Sales — Project-Wide776 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
Floor Analysis
last 24 months
Median PSF · 87 sales
Floors 6-20 · 54 sales
Floors 21-43 · 33 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
11 Aug 20262 BedFloor 101,6723,700,0002,212-16.2%StandardStandard Sale
5 Aug 20263 BedFloor 352,0335,500,0002,705StandardStandard Sale
3 Aug 20262 BedFloor 191,3763,000,0002,181-1.5%StandardStandard Sale
Rentals — Project-Wide152 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 146 rentals
Floors 6-13 · 62 rentals
Floors 14-40 · 84 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Sep 20262 Bed1,529180,000118Standardnew
15 Aug 20261 BedFloor 291,153190,0001650.0%Premiumrenewal
15 Aug 20262 BedFloor 71,271150,000118Entry Levelnew

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 Imperial Avenue

Answered from Dubai Land Department registered transactions.

How much does a property in Imperial Avenue cost?

Property in Imperial Avenue sells at a current PIX© price of AED 2,384 per sqft, or about AED 4,397,945 for a typical unit, based on 776 sales registered with the Dubai Land Department.

Is Imperial Avenue completed?

Yes. Imperial Avenue is recorded as completed in the Dubai Land Department project register (completed q4 2023).

Who is the developer of Imperial Avenue?

Imperial Avenue is developed by SP INTERNATIONAL PROPERTY DEVELOPERS L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Imperial Avenue?

Imperial Avenue yields 5.5% gross, calculated from current PIX© rent against current PIX© sale price, across 152 registered Ejari contracts.

How many units are in Imperial Avenue?

Imperial Avenue holds 431 registered units, per the Dubai Land Department unit register.

Have prices in Imperial Avenue gone up or down?

Price per sqft has fallen -13.4% over the last 12 months, to AED 2,384, across 776 registered sales.