The Spirit

Completed · Q3 2012|386 units · 1 tower

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The Spirit is a completed apartment development by FIRST HOMES LIMITED in Dubai Sports City, Al Hebiah Fourth, comprising 386 registered units. 546 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,111 per sqft. At AED 1,111 per sqft, The Spirit prices 23% below the Dubai Sports City average of AED 1,439 per sqft on registered sales.

PIX© price · ↓33.0% YoY

879KAED

Typical

1,111AED

PSF

Gross yield

5.7%

PIX© rent ÷ PIX© price

Sale records

546

DLD · all time

Rent contracts

3,544

Ejari · all time

SATELLITE

LocationDubai Sports City in Al Hebiah Fourth

Drive times · typical

Downtown Dubai9 min · 1.7 km

DXB Airport16 min · 15.3 km

DIFC15 min · 4.4 km

Dubai Marina28 min · 25.6 km

Palm Jumeirah29 min · 27.9 km

Nearest · straight-line

Metro stationBurj Khalifa/ Dubai Mall Metro Station0.6 km

MallFashion avenue drop0.1 km

SchoolIndia punjab0.1 km

HospitalIKIGAI - Medical Centre0.4 km

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The Spirit1,111AED/sqft · project-wide

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	PIX© Rent /yr	Yield
PIX© Core Project-Wide 284 – 811 sqft	386	879K	1,111	↓33.0%	50K	5.7%
Studio · Apartment 284 – 703 sqft	312
1 Bed · Apartment 515 – 811 sqft	74
Villa (Bedrooms Unknown) 45,236 sqft	—	—	—	—	—	—

Sales — Project-Wide546 DLD records

PIX© price analysis

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

Date	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
6 Aug 2026	Floor 12	560	580,000	1,035	+20.8%	Standard	Standard Sale
25 Jul 2026	Floor 4	321	500,000	1,559	-45.4%	Premium	Standard Sale
2 Jun 2026	Floor 12	623	601,268	965	-25.6%	Entry Level	Standard Sale

Rentals — Project-Wide3,544 Ejari contracts

PIX© rent analysis

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	594 rentals
Floors 1-3	102 rentals
Floors 4-5	56 rentals
Floors 6-16	376 rentals
Floors 17-18	60 rentals

Median Rent / Yr · 594 rentals

Floors 1-3 · 102 rentals

Floors 4-5 · 56 rentals

Floors 6-16 · 376 rentals

Floors 17-18 · 60 rentals

Latest contracts

Start Date	Unit	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
1 Sep 2026	1 Bed	—	802	57,330	72	—	Entry Level	renewal
15 Aug 2026	Studio	Floor 11	560	53,000	95	0.0%	Premium	renewal
14 Aug 2026	Studio	Floor 1	321	36,000	112	-14.3%	Entry Level	new

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 compare

This project

The Spirit

Compared with

Profile Residence

PIX© PSF

1,016

Rank

#16 of 39

#15 of 39

Typical price

616K

Yield

7.8%

Units

386

142

Sales

Rents

454

153

Developer

FIRST HOMES LIMITED

PROFILE RESIDENCE LIMITED

Handover

2012

2023

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Elite 8 Sports Residence TRIPLANET RANGE 2 INVESTMENTS LIMITED · 2016	468					156	829
	Royale Residence2 PAN GLOBAL DEVELOPMENT L.L.C · 2015	196					95	268
	The Bridge T F G REAL ESTATE L.L.C · 2013	289					101	428
	Zenith Tower A2 ZENITH SMART REAL ESTATE DEVELOPMENT L.L.C · 2016	191					32	79
	Profile Residence PROFILE RESIDENCE LIMITED · 2023	142					57	153
16	The Spirit FIRST HOMES LIMITED · 2012	386	1,016	Subject	616K	7.8%	80	454
	Royale Residence1 PAN GLOBAL DEVELOPMENT L.L.C · 2014	305					124	443
	Canal Residence West 2 DUBAI SPORTS CITY (L. L. C) · 2020	400					300	430
	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
	Elite 2 Sports Residence TRIPLANET INTERNATIONAL (FZC) · 2012	260					110	759

Community median 979 AED/sqft. Showing the closest-ranked peers of 39 ranked projects in the community. 8 community projects excluded for insufficient recorded sales. 22 excluded for trading only in the off-plan market. 17 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.

Amal TowerAED 1,085/sqft
Eagle HeightsAED 1,078/sqft
Hera TowerAED 1,064/sqft
Elite 4 Sports ResidenceAED 1,045/sqft
Mars ResidencesAED 1,042/sqft
The BridgeAED 1,039/sqft

Common questions about The Spirit

Answered from Dubai Land Department registered transactions.

How much does a property in The Spirit cost?

Property in The Spirit sells at a current PIX© price of AED 1,111 per sqft, or about AED 879,465 for a typical unit, based on 546 sales registered with the Dubai Land Department.

Is The Spirit completed?

Yes. The Spirit is recorded as completed in the Dubai Land Department project register (completed q3 2012).

Who is the developer of The Spirit?

The Spirit is developed by FIRST HOMES LIMITED, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Spirit?

The Spirit yields 5.7% gross, calculated from current PIX© rent against current PIX© sale price, across 3,544 registered Ejari contracts.

How many units are in The Spirit?

The Spirit holds 386 registered units, per the Dubai Land Department unit register.

Have prices in The Spirit gone up or down?

Price per sqft has fallen -33.0% over the last 12 months, to AED 1,111, across 546 registered sales.