PropertyIndex

Urbana 3

Completed · Q2 2020|372 units · 55 buildings

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Urbana 3 is a completed apartment development by EMAAR DUBAI SOUTH DWC LLC in Dubai South, Madinat Al Mataar, comprising 372 registered units. 539 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,018 per sqft. At AED 1,018 per sqft, Urbana 3 prices 35% below the Dubai South average of AED 1,569 per sqft on registered sales.

PIX© price · 1.3% YoY
1.55MAED
Typical
1,018AED
PSF
Gross yield
5.1%
PIX© rent ÷ PIX© price
Sale records
539
DLD · all time
Rent contracts
1,267
Ejari · all time
Urbana 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
1,157 – 4,719 sqft
3721.55M1,0181.3%78K5.1%
2 Bed · Apartment
1,157 – 2,299 sqft
262
3 Bed · Apartment
2,069 – 4,719 sqft
110
Sales — Project-Wide539 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
14 Aug 20263 BedFloor G2,1532,250,0001,045+92.7%StandardStandard Sale
21 Jul 20263 BedFloor G2,3891,925,000806+56.6%StandardStandard Sale
10 Jul 20262 BedFloor 11,2171,325,0001,088+8.6%StandardPayment Plan Sale
Rentals — Project-Wide1,267 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
23 Aug 20262 Bed1,15780,00069Standardnew
20 Aug 20262 Bed1,21775,00062Entry Levelnew
20 Aug 20262 Bed1,21775,00062Entry Levelnew

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 Urbana 3

Answered from Dubai Land Department registered transactions.

How much does a property in Urbana 3 cost?

Property in Urbana 3 sells at a current PIX© price of AED 1,018 per sqft, or about AED 1,550,808 for a typical unit, based on 539 sales registered with the Dubai Land Department.

Is Urbana 3 completed?

Yes. Urbana 3 is recorded as completed in the Dubai Land Department project register (completed q2 2020).

Who is the developer of Urbana 3?

Urbana 3 is developed by EMAAR DUBAI SOUTH DWC LLC, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Urbana 3?

Urbana 3 yields 5.1% gross, calculated from current PIX© rent against current PIX© sale price, across 1,267 registered Ejari contracts.

How many units are in Urbana 3?

Urbana 3 holds 372 registered units, per the Dubai Land Department unit register.

Have prices in Urbana 3 gone up or down?

Price per sqft has risen +1.3% over the last 12 months, to AED 1,018, across 539 registered sales.