PropertyIndex

The Melgrano

Under Construction · Due Q4 2026 · 6%|14 units · 1 building

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The Melgrano is an under-construction apartment development by THE MELGRANO REAL ESTATE DEVELOPMENT L.L.C in Dubai Water Canal, Jumeirah Second, comprising 14 registered units. 1 sale is registered with the Dubai Land Department, at a current PIX© price of AED 6,550 per sqft. At AED 6,550 per sqft, The Melgrano prices 96% above the Dubai Water Canal average of AED 3,345 per sqft on registered sales.

PIX© price
47.70MAED
Typical
6,550AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
1
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
The Melgrano

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 YoY
PIX© Core
Project-Wide
4,085 – 13,051 sqft
1447.70M6,550
Residential
4 Bed · Apartment
6,002 – 7,283 sqft
6
5 Bed · Apartment
6,895 – 13,051 sqft
7
Commercial
Shop
4,085 sqft
1
No rental contracts registered — the project has not handed over.
Sales — Project-Wide1 DLD records
PIX© price analysis
All time
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
20 Aug 2025Floor 17,28347,704,1746,550StandardOff-Plan Sale
2 Mar 202241,05647,580,5001,159StandardStandard Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

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

Comparable projects in Dubai Water Canal

The closest-priced registered projects in Dubai Water Canal.

Common questions about The Melgrano

Answered from Dubai Land Department registered transactions.

How much does a property in The Melgrano cost?

Property in The Melgrano sells at a current PIX© price of AED 6,550 per sqft, or about AED 47,704,174 for a typical unit, based on 1 sales registered with the Dubai Land Department.

When is The Melgrano handing over?

The Melgrano is under construction, due q4 2026, and is 6% complete against the Dubai Land Department's reported progress.

Who is the developer of The Melgrano?

The Melgrano is developed by THE MELGRANO REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in The Melgrano?

The Melgrano holds 14 registered units, per the Dubai Land Department unit register.