PropertyIndex

Marwa Homes

Completed · Q3 2015|13 villas

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Marwa Homes is a completed villas development by NEW WORLD DEVELOPMENTS L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 13 registered villas. 27 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,156 per sqft. At AED 1,156 per sqft, Marwa Homes prices 20% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 5.3% YoY
3.62MAED
Typical
1,156AED
PSF
Gross yield
5.8%
PIX© rent ÷ PIX© price
Sale records
27
DLD · all time
Rent contracts
68
Ejari · all time
Marwa Homes

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
1,984 – 3,249 sqft
133.62M1,1565.3%210K5.8%
Residential
4 Bed · Villa
1,984 – 3,249 sqft
13
5 Bed · Villa
2,002 sqft
Land
Land
32,282 sqft
Sales — Project-Wide27 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
24 Jul 20265 Bed2,0023,250,0001,624+40.1%StandardStandard Sale
5 Dec 20244 Bed2,4592,980,0001,212+10.4%StandardStandard Sale
18 Jul 20244 Bed3,0343,000,000989+7.1%StandardStandard Sale
Rentals — Project-Wide68 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 Sep 20264 Bed1,984190,00096Standardrenewal
20 May 20264 Bed1,996195,00098-7.1%Standardrenewal
20 Mar 20264 Bed3,249210,000650.0%Standardnew

Comparables

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

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Marwa Homes

Answered from Dubai Land Department registered transactions.

How much does a property in Marwa Homes cost?

Property in Marwa Homes sells at a current PIX© price of AED 1,156 per sqft, or about AED 3,623,589 for a typical unit, based on 27 sales registered with the Dubai Land Department.

Is Marwa Homes completed?

Yes. Marwa Homes is recorded as completed in the Dubai Land Department project register (completed q3 2015).

Who is the developer of Marwa Homes?

Marwa Homes is developed by NEW WORLD DEVELOPMENTS L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Marwa Homes?

Marwa Homes yields 5.8% gross, calculated from current PIX© rent against current PIX© sale price, across 68 registered Ejari contracts.

How many villas are in Marwa Homes?

Marwa Homes holds 13 registered villas, per the Dubai Land Department unit register.

Have prices in Marwa Homes gone up or down?

Price per sqft has risen +5.3% over the last 12 months, to AED 1,156, across 27 registered sales.