Grand Horizon 1

Completed · Q2 2015|126 units · 1 building

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Grand Horizon 1 is a completed apartment development by GULF GENERAL INVESTMENTS CO. (P.S.C) in Dubai Sports City, Al Hebiah Fourth, comprising 126 registered units. 218 sales are registered with the Dubai Land Department, at a current PIX© price of AED 809 per sqft. At AED 809 per sqft, Grand Horizon 1 prices 44% below the Dubai Sports City average of AED 1,439 per sqft on registered sales.

PIX© price · ↑10.2% YoY

771KAED

Typical

809AED

PSF

Gross yield

8.8%

PIX© rent ÷ PIX© price

Sale records

218

DLD · all time

Rent contracts

863

Ejari · all time

SATELLITE

LocationDubai Sports City in Al Hebiah Fourth

Drive times · typical

Downtown Dubai24 min · 22.6 km

DXB Airport28 min · 37.9 km

DIFC28 min · 26.6 km

Dubai Marina20 min · 17.7 km

Palm Jumeirah22 min · 19.1 km

Nearest · straight-line

Metro stationJumeirah Golf Estates Metro Station 16.2 km

MallKarakeeb Outlet - Sport City0.4 km

SchoolVictory Heights Primary School0.1 km

HospitalAster Clinic, Sports City0.2 km

OPEN IN GOOGLE MAPS →

Grand Horizon 1809AED/sqft · project-wide

1 Bed

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
1 Bed 810 – 1,140 sqft	126	0	0	0.0%		0	0.0%

Sales — 1 Bed218 DLD records

PIX© price analysis

All time

Not enough monthly records to draw a trend

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Recent record preview unavailable for this product.

Rentals — 1 Bed863 Ejari contracts

PIX© rent analysis

All time

Not enough monthly records to draw a trend

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Corporate

Floor Analysis

last 24 months

Floors	Median Rent / Yr
All floors	130 rentals
Floors 1-5	60 rentals
Floors 6-7	34 rentals
Floors 8-9	36 rentals

Median Rent / Yr · 130 rentals

Floors 1-5 · 60 rentals

Floors 6-7 · 34 rentals

Floors 8-9 · 36 rentals

Latest contracts

No recent contracts in the preview window.

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Grand Horizon 1

Compared with

Red Residence

PIX© PSF

796

Rank

#31 of 48

#30 of 48

Typical price

767K

Yield

8.9%

Units

126

333

Sales

152

Rents

141

398

Developer

GULF GENERAL INVESTMENTS CO. (P.S.C)

M E DEVELOPMENT L.L.C

Handover

2015

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Champions Tower1 MRE GLOBAL INVESTMENT GROUP FZC · 2017	135					66	205
	Arena Apartments GREEN DESERT VENTURES INC · 2015	148					45	213
	Golf View Residence JAMAL MOHAMMED ALHASSAN & BACHAR BAKRI ALMRADI · 2010	133					55	136
	Olympic Park 3 GULF GENERAL INVESTMENTS CO. (P.S.C) · 2013	126					110	131
	Red Residence M E DEVELOPMENT L.L.C · 2015	333					152	398
31	Grand Horizon 1 GULF GENERAL INVESTMENTS CO. (P.S.C) · 2015	126	796	Subject	767K	8.9%	48	141
	Elite 5 Sports Residence TRIPLANET INTERNATIONAL (FZC) · 2014	354					90	600
	Elite 3 Sports Residence TRIPLANET INTERNATIONAL (FZC) · 2013	315					112	460
	Elite 4 Sports Residence TRIPLANET INTERNATIONAL (FZC) · 2013	251					73	388
	The Matrix T F G REAL ESTATE L.L.C · 2014	384					104	461
	Oasis Tower One BRIGHTON HOLDINGS LIMITED · 2020	251					67	311

Community median 857 AED/sqft. Showing the closest-ranked peers of 48 ranked projects in the community. 8 community projects excluded for insufficient recorded sales. 22 excluded for trading only in the off-plan market. 8 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Dubai Sports City

The closest-priced registered projects in Dubai Sports City.

Coral International Hotel ApartmentAED 819/sqft
Hamza TowerAED 797/sqft
Elite 9 Sports ResidenceAED 823/sqft
Champions Tower1AED 824/sqft
Canal Residence West (Phase 1)AED 828/sqft
Olympic Park 1AED 829/sqft

Common questions about Grand Horizon 1

Answered from Dubai Land Department registered transactions.

How much does a property in Grand Horizon 1 cost?

Property in Grand Horizon 1 sells at a current PIX© price of AED 809 per sqft, or about AED 770,529 for a typical unit, based on 218 sales registered with the Dubai Land Department.

Is Grand Horizon 1 completed?

Yes. Grand Horizon 1 is recorded as completed in the Dubai Land Department project register (completed q2 2015).

Who is the developer of Grand Horizon 1?

Grand Horizon 1 is developed by GULF GENERAL INVESTMENTS CO. (P.S.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Grand Horizon 1?

Grand Horizon 1 yields 8.8% gross, calculated from current PIX© rent against current PIX© sale price, across 863 registered Ejari contracts.

How many units are in Grand Horizon 1?

Grand Horizon 1 holds 126 registered units, per the Dubai Land Department unit register.

Have prices in Grand Horizon 1 gone up or down?

Price per sqft has risen +10.2% over the last 12 months, to AED 809, across 218 registered sales.