PropertyIndex

Red Wood Park

Completed · Q4 2016|35 villas

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Red Wood Park is a completed land development by JUMEIRAH GOLF ESTATES L.L.C in Jumeirah Golf Estates, Me'Aisem First, comprising 35 registered villas. 70 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,394 per sqft. At AED 3,394 per sqft, Red Wood Park prices 51% above the Jumeirah Golf Estates average of AED 2,245 per sqft on registered sales.

PIX© price · 13.4% YoY
7.59MAED
Typical
3,394AED
PSF
Gross yield
6.2%
PIX© rent ÷ PIX© price
Sale records
70
DLD · all time
Rent contracts
152
Ejari · all time
Red Wood Park

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
1,937 – 3,635 sqft
357.59M3,39413.4%473K6.2%
3 Bed · Townhouse
1,937 – 2,079 sqft
4 Bed · Townhouse
2,369 – 3,635 sqft
1 Bed · Villa
2,944 sqft
1
3 Bed · Villa
1,937 – 2,079 sqft
23
4 Bed · Villa
2,369 – 3,635 sqft
11
Sales — Project-Wide70 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
DateUnitSizePricePSFvs Prior SaleTierType
16 Feb 20263 Bed1,9577,500,0003,832+36.4%StandardStandard Sale
8 Jan 20263 Bed1,9438,275,0004,259+40.3%StandardStandard Sale
3 Nov 20254 Bed2,9217,750,0002,653+16.8%StandardStandard Sale
Rentals — Project-Wide152 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
27 May 20264 Bed2,921500,000171+30.2%Standardnew
14 Mar 20263 Bed2,079480,000231+12.9%Standardnew
7 Feb 20263 Bed2,052320,0001560.0%Standardrenewal

Comparables

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

Comparable projects in Jumeirah Golf Estates

The closest-priced registered projects in Jumeirah Golf Estates.

Common questions about Red Wood Park

Answered from Dubai Land Department registered transactions.

How much does a property in Red Wood Park cost?

Property in Red Wood Park sells at a current PIX© price of AED 3,394 per sqft, or about AED 7,591,289 for a typical unit, based on 70 sales registered with the Dubai Land Department.

Is Red Wood Park completed?

Yes. Red Wood Park is recorded as completed in the Dubai Land Department project register (completed q4 2016).

Who is the developer of Red Wood Park?

Red Wood Park is developed by JUMEIRAH GOLF ESTATES L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Red Wood Park?

Red Wood Park yields 6.2% gross, calculated from current PIX© rent against current PIX© sale price, across 152 registered Ejari contracts.

How many villas are in Red Wood Park?

Red Wood Park holds 35 registered villas, per the Dubai Land Department unit register.

Have prices in Red Wood Park gone up or down?

Price per sqft has risen +13.4% over the last 12 months, to AED 3,394, across 70 registered sales.