PropertyIndex

02 Residence by Ned Al Ghurair

In Progress · Date not reported

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02 Residence by Ned Al Ghurair is an in-progress apartment development in Jumeirah Village Triangle, Al Barsha South Fifth. 83 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,373 per sqft. At AED 1,373 per sqft, 02 Residence by Ned Al Ghurair prices 17% below the Jumeirah Village Triangle average of AED 1,649 per sqft on registered sales.

PIX© price · 9.5% YoY
1.54MAED
Typical
1,373AED
PSF
Gross yield
5.3%
PIX© rent ÷ PIX© price
Sale records
83
DLD · all time
Rent contracts
37
Ejari · all time
02 Residence by Ned Al Ghurair

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypePIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1.54M1,3739.5%82K5.3%
1 Bed · Apartment
756 – 957 sqft
2 Bed · Apartment
1,163 – 1,525 sqft
Sales — Project-Wide83 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
Floor Analysis
last 24 months
Median PSF · 83 sales
Floors 1-3 · 40 sales
Floors 4-6 · 43 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
12 Jun 20262 BedFloor 21,2101,700,0001,405StandardStandard Sale
1 Apr 20261 BedFloor 19571,250,0001,306StandardStandard Sale
25 Mar 20262 BedFloor 51,1871,700,0001,433+3.0%StandardLease-to-Own
Rentals — Project-Wide37 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
10 Aug 20261 BedFloor 285568,15780-10.3%Entry Levelnew
1 Aug 20262 BedFloor 21,210112,50093Standardnew
15 May 20261 BedFloor 187470,32180Standardnew

Comparables

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

Comparable projects in Jumeirah Village Triangle

The closest-priced registered projects in Jumeirah Village Triangle.

Common questions about 02 Residence by Ned Al Ghurair

Answered from Dubai Land Department registered transactions.

How much does a property in 02 Residence by Ned Al Ghurair cost?

Property in 02 Residence by Ned Al Ghurair sells at a current PIX© price of AED 1,373 per sqft, or about AED 1,540,589 for a typical unit, based on 83 sales registered with the Dubai Land Department.

When is 02 Residence by Ned Al Ghurair handing over?

02 Residence by Ned Al Ghurair is under construction.

What is the rental yield in 02 Residence by Ned Al Ghurair?

02 Residence by Ned Al Ghurair yields 5.3% gross, calculated from current PIX© rent against current PIX© sale price, across 37 registered Ejari contracts.

Have prices in 02 Residence by Ned Al Ghurair gone up or down?

Price per sqft has risen +9.5% over the last 12 months, to AED 1,373, across 83 registered sales.