PropertyIndex

Green Community West- Extension- Phase 3

Completed · Q4 2018|174 townhouses · 36 villas

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Green Community West- Extension- Phase 3 is a completed mixed residential development by PROPERTIES INVESTMENT (L.L.C.) in Dubai Investment Park First, comprising 229 registered units. 460 sales are registered with the Dubai Land Department, at a current PIX© price of AED 785 per sqft. At AED 785 per sqft, Green Community West- Extension- Phase 3 prices 26% below the Dubai Investment Park First average of AED 1,059 per sqft on registered sales.

PIX© price · 0.0% YoY
2.74MAED
Typical
785AED
PSF
Gross yield
5.8%
PIX© rent ÷ PIX© price
Sale records
460
DLD · all time
Rent contracts
983
Ejari · all time
Green Community West- Extension- Phase 3

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
636 – 5,108 sqft
2292.74M7850.0%159K5.8%
Residential
1 Bed · Apartment
2 Bed · Apartment
2,576 – 3,113 sqft
8
3 Bed · Apartment
4,168 – 4,940 sqft
8
3 Bed · Townhouse
3,130 – 5,108 sqft
172
4 Bed · Townhouse
3,229 – 3,239 sqft
2
3 Bed · Villa
3,207 – 3,320 sqft
35
4 Bed · Villa
3,237 sqft
1
Commercial
Building
9,561 sqft
Shop
636 – 646 sqft
3
Land
Land
1,470,786 sqft
Sales — Project-Wide460 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
DatePositionSizePricePSFvs Prior SaleTierType
23 Nov 20219,5617,526,3747870.0%StandardDevelopment Sale
6 Sep 2021Floor G2,8661,958,5706830.0%StandardDevelopment Sale
6 Sep 2021Floor G3,1012,116,9696830.0%StandardDevelopment Sale
Rentals — Project-Wide983 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 Bed3,233184,44157-2.9%Standardrenewal
10 Aug 20263 Bed3,240162,79350+8.5%Standardnew
1 Aug 20263 Bed3,222177,61655+20.8%Standardnew

Comparables

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

Comparable projects in Dubai Investment Park First

The closest-priced registered projects in Dubai Investment Park First.

Common questions about Green Community West- Extension- Phase 3

Answered from Dubai Land Department registered transactions.

How much does a property in Green Community West- Extension- Phase 3 cost?

Property in Green Community West- Extension- Phase 3 sells at a current PIX© price of AED 785 per sqft, or about AED 2,739,900 for a typical unit, based on 460 sales registered with the Dubai Land Department.

Is Green Community West- Extension- Phase 3 completed?

Yes. Green Community West- Extension- Phase 3 is recorded as completed in the Dubai Land Department project register (completed q4 2018).

Who is the developer of Green Community West- Extension- Phase 3?

Green Community West- Extension- Phase 3 is developed by PROPERTIES INVESTMENT (L.L.C.), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Green Community West- Extension- Phase 3?

Green Community West- Extension- Phase 3 yields 5.8% gross, calculated from current PIX© rent against current PIX© sale price, across 983 registered Ejari contracts.

How many units are in Green Community West- Extension- Phase 3?

Green Community West- Extension- Phase 3 holds 229 registered units, per the Dubai Land Department unit register.

Have prices in Green Community West- Extension- Phase 3 gone up or down?

Price per sqft has held flat over the last 12 months at AED 785, across 460 registered sales.