PropertyIndex

Redwood Park Phase2

Completed · Q3 2017|40 villas

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Redwood Park Phase2 is a completed land development by JUMEIRAH GOLF ESTATES L.L.C in Jumeirah Golf Estates, Me'Aisem First, comprising 40 registered villas. 76 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,647 per sqft. At AED 2,647 per sqft, Redwood Park Phase2 prices 18% above the Jumeirah Golf Estates average of AED 2,245 per sqft on registered sales.

PIX© price · 12.2% YoY
6.26MAED
Typical
2,647AED
PSF
Gross yield
7.3%
PIX© rent ÷ PIX© price
Sale records
76
DLD · all time
Rent contracts
120
Ejari · all time
Redwood Park Phase2

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
1,932 – 3,748 sqft
406.26M2,64712.2%459K7.3%
3 Bed · Townhouse
1,932 – 3,050 sqft
4 Bed · Townhouse
2,465 – 3,748 sqft
3 Bed · Villa
1,932 – 3,050 sqft
32
4 Bed · Villa
2,465 – 3,748 sqft
8
Sales — Project-Wide76 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
15 Sep 20254 Bed3,23911,000,0003,396+237.0%StandardStandard Sale
23 Jun 20253 Bed2,0154,900,0002,432+56.4%StandardStandard Sale
29 May 20253 Bed2,1044,999,9992,376+59.5%Entry LevelStandard Sale
Rentals — Project-Wide120 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
1 Aug 20263 Bed1,983342,500173-2.1%Standardnew
23 Jul 20263 Bed1,946450,000231+9.8%Standardnew
26 Jun 20263 Bed1,961245,0001250.0%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 Redwood Park Phase2

Answered from Dubai Land Department registered transactions.

How much does a property in Redwood Park Phase2 cost?

Property in Redwood Park Phase2 sells at a current PIX© price of AED 2,647 per sqft, or about AED 6,264,260 for a typical unit, based on 76 sales registered with the Dubai Land Department.

Is Redwood Park Phase2 completed?

Yes. Redwood Park Phase2 is recorded as completed in the Dubai Land Department project register (completed q3 2017).

Who is the developer of Redwood Park Phase2?

Redwood Park Phase2 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 Redwood Park Phase2?

Redwood Park Phase2 yields 7.3% gross, calculated from current PIX© rent against current PIX© sale price, across 120 registered Ejari contracts.

How many villas are in Redwood Park Phase2?

Redwood Park Phase2 holds 40 registered villas, per the Dubai Land Department unit register.

Have prices in Redwood Park Phase2 gone up or down?

Price per sqft has risen +12.2% over the last 12 months, to AED 2,647, across 76 registered sales.