PropertyIndex

Plaza Residences

Completed · Q3 2017|545 units · 1 tower · 1 building

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Plaza Residences is a completed apartment development by SKY OVERSEAS REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 545 registered units. 1,024 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,000 per sqft. At AED 1,000 per sqft, Plaza Residences prices 31% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 7.1% YoY
1.08MAED
Typical
1,000AED
PSF
Gross yield
6.9%
PIX© rent ÷ PIX© price
Sale records
1,024
DLD · all time
Rent contracts
2,896
Ejari · all time
Plaza Residences

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
371 – 3,443 sqft
5451.08M1,0007.1%74K6.9%
Residential
Studio · Apartment
371 – 820 sqft
109
1 Bed · Apartment
616 – 1,715 sqft
243
2 Bed · Apartment
1,074 – 3,443 sqft
149
3 Bed · Apartment
1,914 – 2,216 sqft
23
Commercial
Shop
611 – 1,510 sqft
21
Warehouse
Sales — Project-Wide1,024 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
Tower & Floor Analysis
last 24 months
All towers · 149 sales
Floors 1-3 · 62 sales
Floors 4-16 · 87 sales
Tower 2 · 113 sales
Floors 1-3 · 31 sales
Floors 4-16 · 82 sales
Tower 1 · 36 sales
Floors 1-3 · 31 sales
Floors 4-16
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
10 Aug 20262 BedTower 2 · Floor 61,5801,659,4831,050+42.0%PremiumStandard Sale
27 Jul 20261 BedTower 2 · Floor 10667589,000884-2.6%StandardStandard Sale
24 Jul 20262 BedTower 2 · Floor UG1,4701,360,000925-4.6%Entry LevelStandard Sale
Rentals — Project-Wide2,896 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 499 rentals
Floor 1 · 79 rentals
Floors 2-8 · 332 rentals
Floors 9-10 · 32 rentals
Floors 11-15 · 56 rentals
Tower 1 · 120 rentals
Floor 1 · 44 rentals
Floors 2-8 · 76 rentals
Floors 9-10
Floors 11-15
Tower 2 · 379 rentals
Floor 1 · 35 rentals
Floors 2-8 · 256 rentals
Floors 9-10 · 32 rentals
Floors 11-15 · 56 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
20 Aug 2026Studio39440,000101Entry Levelnew
15 Aug 20261 BedTower 2 · Floor 192465,000700.0%Standardrenewal
15 Aug 20262 BedTower 2 · Floor 31,38082,00059+4.1%Entry Levelnew

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 Plaza Residences

Answered from Dubai Land Department registered transactions.

How much does a property in Plaza Residences cost?

Property in Plaza Residences sells at a current PIX© price of AED 1,000 per sqft, or about AED 1,080,653 for a typical unit, based on 1,024 sales registered with the Dubai Land Department.

Is Plaza Residences completed?

Yes. Plaza Residences is recorded as completed in the Dubai Land Department project register (completed q3 2017).

Who is the developer of Plaza Residences?

Plaza Residences is developed by SKY OVERSEAS REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Plaza Residences?

Plaza Residences yields 6.9% gross, calculated from current PIX© rent against current PIX© sale price, across 2,896 registered Ejari contracts.

How many units are in Plaza Residences?

Plaza Residences holds 545 registered units, per the Dubai Land Department unit register.

Have prices in Plaza Residences gone up or down?

Price per sqft has fallen -7.1% over the last 12 months, to AED 1,000, across 1,024 registered sales.