PropertyIndex

Durar1

Completed · Q3 2013|241 units · 2 buildings

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Durar1 is a completed apartment development by DURAR AL EMARAT PROPERTIES (L.L.C) in Dubai Land Residence Complex, Wadi Al Safa 5, comprising 241 registered units. 267 sales are registered with the Dubai Land Department, at a current PIX© price of AED 920 per sqft. At AED 920 per sqft, Durar1 prices 32% below the Dubai Land Residence Complex average of AED 1,344 per sqft on registered sales.

PIX© price · 2.5% YoY
1.01MAED
Typical
920AED
PSF
Gross yield
7.2%
PIX© rent ÷ PIX© price
Sale records
267
DLD · all time
Rent contracts
1,106
Ejari · all time
Durar1

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
716 – 2,914 sqft
2411.01M9202.5%72K7.2%
Residential
1 Bed · Apartment
716 – 1,241 sqft
102
2 Bed · Apartment
1,093 – 1,905 sqft
110
3 Bed · Apartment
1,496 – 1,581 sqft
24
Commercial
Shop
919 – 2,914 sqft
5
Sales — Project-Wide267 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
Tower Analysis
last 24 months
All towers · 87 sales
Tower A · 48 sales
Tower B · 39 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
7 Aug 20262 BedTower B · Floor 61,2251,300,0001,061PremiumStandard Sale
24 Jun 20261 BedTower A · Floor 3753700,000930+28.9%Entry LevelPayment Plan Sale
11 Jun 20262 BedTower B · Floor 31,225716,590585Entry LevelStandard Sale
Rentals — Project-Wide1,106 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 231 rentals
Floors 1-7 · 200 rentals
Floors 8-9 · 31 rentals
Tower A · 124 rentals
Floors 1-7 · 105 rentals
Floors 8-9 · 19 rentals
Tower B · 107 rentals
Floors 1-7 · 95 rentals
Floors 8-9 · 12 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20262 BedTower B · Floor 81,15475,000650.0%Standardrenewal
7 Aug 20262 BedTower A · Floor 71,22579,00065+23.6%Standardnew
7 Aug 20263 BedTower B · Floor 81,581105,00066+40.0%Standardnew

Comparables

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

Comparable projects in Dubai Land Residence Complex

The closest-priced registered projects in Dubai Land Residence Complex.

Common questions about Durar1

Answered from Dubai Land Department registered transactions.

How much does a property in Durar1 cost?

Property in Durar1 sells at a current PIX© price of AED 920 per sqft, or about AED 1,006,139 for a typical unit, based on 267 sales registered with the Dubai Land Department.

Is Durar1 completed?

Yes. Durar1 is recorded as completed in the Dubai Land Department project register (completed q3 2013).

Who is the developer of Durar1?

Durar1 is developed by DURAR AL EMARAT PROPERTIES (L.L.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Durar1?

Durar1 yields 7.2% gross, calculated from current PIX© rent against current PIX© sale price, across 1,106 registered Ejari contracts.

How many units are in Durar1?

Durar1 holds 241 registered units, per the Dubai Land Department unit register.

Have prices in Durar1 gone up or down?

Price per sqft has fallen -2.5% over the last 12 months, to AED 920, across 267 registered sales.