PropertyIndex

Royal Park South 1

Completed · Q2 2023|35 villas

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Royal Park South 1 is a completed villas development by METRICAL REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 35 registered villas. 56 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,287 per sqft. At AED 2,287 per sqft, Royal Park South 1 prices 58% above the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 6.3% YoY
4.95MAED
Typical
2,287AED
PSF
Gross yield
5.7%
PIX© rent ÷ PIX© price
Sale records
56
DLD · all time
Rent contracts
30
Ejari · all time
Royal Park South 1

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
2,017 – 3,319 sqft
354.95M2,2876.3%280K5.7%
Residential
4 Bed · Villa
2,017 – 3,319 sqft
35
Land
Land
23,837 sqft
Sales — Project-Wide56 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
12 Jun 20264 Bed2,0305,000,0002,464+61.3%StandardStandard Sale
22 May 20264 Bed2,0403,980,0001,951+0.8%StandardStandard Sale
18 Mar 20264 Bed2,5355,000,0001,973StandardStandard Sale
Rentals — Project-Wide30 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
7 Mar 20264 Bed3,265350,0001070.0%Standardrenewal
1 Mar 20264 Bed2,951280,00095Standardnew
14 Feb 20264 Bed2,678100,00037Standardnew

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 Royal Park South 1

Answered from Dubai Land Department registered transactions.

How much does a property in Royal Park South 1 cost?

Property in Royal Park South 1 sells at a current PIX© price of AED 2,287 per sqft, or about AED 4,948,321 for a typical unit, based on 56 sales registered with the Dubai Land Department.

Is Royal Park South 1 completed?

Yes. Royal Park South 1 is recorded as completed in the Dubai Land Department project register (completed q2 2023).

Who is the developer of Royal Park South 1?

Royal Park South 1 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 South 1?

Royal Park South 1 yields 5.7% gross, calculated from current PIX© rent against current PIX© sale price, across 30 registered Ejari contracts.

How many villas are in Royal Park South 1?

Royal Park South 1 holds 35 registered villas, per the Dubai Land Department unit register.

Have prices in Royal Park South 1 gone up or down?

Price per sqft has risen +6.3% over the last 12 months, to AED 2,287, across 56 registered sales.