PropertyIndex

Royal Park

Completed · Q3 2020|40 villas

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Royal Park is a completed villas development by METRICAL REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Park, Al Thanyah Fifth, comprising 40 registered villas. 65 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,695 per sqft. At AED 2,695 per sqft, Royal Park prices 96% above the Jumeirah Park average of AED 1,373 per sqft on registered sales.

PIX© price · 54.0% YoY
6.11MAED
Typical
2,695AED
PSF
Gross yield
4.3%
PIX© rent ÷ PIX© price
Sale records
65
DLD · all time
Rent contracts
46
Ejari · all time
Royal 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
1,995 – 3,719 sqft
406.11M2,69554.0%261K4.3%
Residential
4 Bed · Villa
1,995 – 3,719 sqft
40
Land
Land
131,655 sqft
Sales — Project-Wide65 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
2 Apr 20264 Bed2,0205,600,0002,772+27.3%StandardStandard Sale
13 Mar 20264 Bed3,5986,200,0001,723+55.0%StandardStandard Sale
19 Sep 20254 Bed2,0285,900,0002,909+126.9%StandardStandard Sale
Rentals — Project-Wide46 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
22 Jul 20264 Bed2,020300,000148-9.1%Standardrenewal
1 Jul 20264 Bed2,020250,000124Standardnew
15 Jun 20264 Bed2,020207,911103-11.5%Standardnew

Comparables

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

Comparable projects in Jumeirah Park

The closest-priced registered projects in Jumeirah Park.

Common questions about Royal Park

Answered from Dubai Land Department registered transactions.

How much does a property in Royal Park cost?

Property in Royal Park sells at a current PIX© price of AED 2,695 per sqft, or about AED 6,111,217 for a typical unit, based on 65 sales registered with the Dubai Land Department.

Is Royal Park completed?

Yes. Royal Park is recorded as completed in the Dubai Land Department project register (completed q3 2020).

Who is the developer of Royal Park?

Royal Park is developed by METRICAL REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Royal Park?

Royal Park yields 4.3% gross, calculated from current PIX© rent against current PIX© sale price, across 46 registered Ejari contracts.

How many villas are in Royal Park?

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

Have prices in Royal Park gone up or down?

Price per sqft has risen +54.0% over the last 12 months, to AED 2,695, across 65 registered sales.