PropertyIndex

The Signature

Completed · Q2 2013|357 units · 1 tower

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The Signature is a completed apartment development by DAMAC STAR PROPERTIES (L L C) in Downtown Dubai, Burj Khalifa, comprising 357 registered units. 737 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,365 per sqft. At AED 1,365 per sqft, The Signature prices 55% below the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 12.7% YoY
1.44MAED
Typical
1,365AED
PSF
Gross yield
6.6%
PIX© rent ÷ PIX© price
Sale records
737
DLD · all time
Rent contracts
1,306
Ejari · all time
The Signature

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
405 – 4,888 sqft
3571.44M1,36512.7%95K6.6%
Residential
1 Bed · Apartment
829 – 892 sqft
235
2 Bed · Apartment
1,371 – 1,395 sqft
78
3 Bed · Apartment
1,512 – 2,236 sqft
42
Commercial
Office
4,888 sqft
1
Shop
405 sqft
1
Sales — Project-Wide737 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
DateUnitPositionSizePricePSFvs Prior SaleTierType
23 Jul 20261 BedFloor 248761,119,6041,278-34.4%StandardStandard Sale
23 Jul 20262 BedFloor 241,3721,786,7701,302-33.7%StandardStandard Sale
22 Jul 20261 BedFloor 248311,065,0901,282-34.4%StandardStandard Sale
Rentals — Project-Wide1,306 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 · 247 rentals
Floors 5-31 · 155 rentals
Floors 32-43 · 92 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
20 Aug 20263 Bed1,521160,000105Standardnew
15 Aug 20261 BedFloor 2983180,00096-15.8%Standardrenewal
11 Aug 20261 BedFloor 3387885,00097-33.9%Standardnew

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 The Signature

Answered from Dubai Land Department registered transactions.

How much does a property in The Signature cost?

Property in The Signature sells at a current PIX© price of AED 1,365 per sqft, or about AED 1,439,653 for a typical unit, based on 737 sales registered with the Dubai Land Department.

Is The Signature completed?

Yes. The Signature is recorded as completed in the Dubai Land Department project register (completed q2 2013).

Who is the developer of The Signature?

The Signature is developed by DAMAC STAR PROPERTIES (L L C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Signature?

The Signature yields 6.6% gross, calculated from current PIX© rent against current PIX© sale price, across 1,306 registered Ejari contracts.

How many units are in The Signature?

The Signature holds 357 registered units, per the Dubai Land Department unit register.

Have prices in The Signature gone up or down?

Price per sqft has fallen -12.7% over the last 12 months, to AED 1,365, across 737 registered sales.