PropertyIndex

Celestia

Completed · Q3 2019|972 units · 3 buildings · 1 podium

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Celestia is a completed apartment development by DAMAC DEVELOPMENT(L L C) in Dubai South, Madinat Al Mataar, comprising 972 registered units. 1,411 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,091 per sqft. At AED 1,091 per sqft, Celestia prices 30% below the Dubai South average of AED 1,569 per sqft on registered sales.

PIX© price · 2.4% YoY
647KAED
Typical
1,091AED
PSF
Gross yield
7.9%
PIX© rent ÷ PIX© price
Sale records
1,411
DLD · all time
Rent contracts
3,391
Ejari · all time
Celestia

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
346 – 1,463 sqft
972647K1,0912.4%51K7.9%
Residential
Studio · Apartment
393 – 743 sqft
587
1 Bed · Apartment
727 – 1,375 sqft
259
2 Bed · Apartment
1,110 – 1,463 sqft
59
Studio · Hotel Apartment
414 – 532 sqft
48
1 Bed · Hotel Apartment
727 – 994 sqft
9
2 Bed · Hotel Apartment
1,111 – 1,122 sqft
3
Commercial
Shop
346 – 652 sqft
7
Sales — Project-Wide1,411 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 & Floor Analysis
last 24 months
All towers · 226 sales
Floors 1-2 · 68 sales
Floors 3-4 · 62 sales
Floors 5-6 · 59 sales
Floor 7 · 37 sales
Tower A · 138 sales
Floors 1-2 · 38 sales
Floors 3-4 · 35 sales
Floors 5-6 · 39 sales
Floor 7 · 26 sales
Tower B · 88 sales
Floors 1-2 · 30 sales
Floors 3-4 · 27 sales
Floors 5-6 · 20 sales
Floor 7 · 11 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
15 Aug 20262 BedTower A · Floor 31,1111,200,0001,081-23.4%StandardLease-to-Own
30 Jul 2026StudioTower A · Floor 7449505,0001,126+28.4%StandardStandard Sale
13 Jul 20261 BedTower B · Floor 5847835,000986+5.7%StandardStandard Sale
Rentals — Project-Wide3,391 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 · 1,433 rentals
Floor 1 · 210 rentals
Floor 2 · 190 rentals
Floor 3 · 230 rentals
Floors 4-7 · 803 rentals
Tower B · 674 rentals
Floor 1 · 91 rentals
Floor 2 · 96 rentals
Floor 3 · 111 rentals
Floors 4-7 · 376 rentals
Tower A · 759 rentals
Floor 1 · 119 rentals
Floor 2 · 94 rentals
Floor 3 · 119 rentals
Floors 4-7 · 427 rentals
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
1 Aug 2027Studio44643,00096Standardrenewal
1 Oct 20261 Bed78565,00083Standardrenewal
24 Sep 20261 Bed89877,70087Premiumrenewal

Comparables

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

Comparable projects in Dubai South

The closest-priced registered projects in Dubai South.

Common questions about Celestia

Answered from Dubai Land Department registered transactions.

How much does a property in Celestia cost?

Property in Celestia sells at a current PIX© price of AED 1,091 per sqft, or about AED 646,945 for a typical unit, based on 1,411 sales registered with the Dubai Land Department.

Is Celestia completed?

Yes. Celestia is recorded as completed in the Dubai Land Department project register (completed q3 2019).

Who is the developer of Celestia?

Celestia is developed by DAMAC DEVELOPMENT(L L C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Celestia?

Celestia yields 7.9% gross, calculated from current PIX© rent against current PIX© sale price, across 3,391 registered Ejari contracts.

How many units are in Celestia?

Celestia holds 972 registered units, per the Dubai Land Department unit register.

Have prices in Celestia gone up or down?

Price per sqft has risen +2.4% over the last 12 months, to AED 1,091, across 1,411 registered sales.