PropertyIndex

Marwa Homes 2

Completed · Q1 2018|16 villas

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Marwa Homes 2 is a completed villas development by NEW WORLD DEVELOPMENTS L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 16 registered villas. 24 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,416 per sqft. At AED 1,416 per sqft, Marwa Homes 2 prices 2% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 7.4% YoY
3.47MAED
Typical
1,416AED
PSF
Gross yield
5.7%
PIX© rent ÷ PIX© price
Sale records
24
DLD · all time
Rent contracts
50
Ejari · all time
Marwa Homes 2

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
1,707 – 3,278 sqft
163.47M1,4167.4%199K5.7%
Residential
3 Bed · Villa
1,707 – 3,278 sqft
16
Land
Land
31,651 sqft
Sales — Project-Wide24 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
17 Jul 20263 Bed1,7072,700,0001,582+35.0%StandardStandard Sale
27 May 20253 Bed2,1743,250,0001,495+80.6%StandardStandard Sale
8 Jun 20233 Bed2,9922,300,000769-6.1%StandardStandard Sale
Rentals — Project-Wide50 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
20 Jul 20263 Bed2,992195,00065-2.5%Standardnew
1 Mar 20263 Bed1,742210,000121+16.7%Standardnew
10 Feb 20263 Bed2,136210,00098-4.5%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 2

Answered from Dubai Land Department registered transactions.

How much does a property in Marwa Homes 2 cost?

Property in Marwa Homes 2 sells at a current PIX© price of AED 1,416 per sqft, or about AED 3,467,514 for a typical unit, based on 24 sales registered with the Dubai Land Department.

Is Marwa Homes 2 completed?

Yes. Marwa Homes 2 is recorded as completed in the Dubai Land Department project register (completed q1 2018).

Who is the developer of Marwa Homes 2?

Marwa Homes 2 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 2?

Marwa Homes 2 yields 5.7% gross, calculated from current PIX© rent against current PIX© sale price, across 50 registered Ejari contracts.

How many villas are in Marwa Homes 2?

Marwa Homes 2 holds 16 registered villas, per the Dubai Land Department unit register.

Have prices in Marwa Homes 2 gone up or down?

Price per sqft has risen +7.4% over the last 12 months, to AED 1,416, across 24 registered sales.