PropertyIndex

Phase 7

Under Construction · Due Q3 2021 · 92%|511 units · 3 towers

Alerts: Get notified of every new DLD-registered sale and rental contract.

Phase 7 is an under-construction apartment development by TANMIYAT GLOBAL REAL ESTATE DEVELOPMENT L L C in Living Legends, Wadi Al Safa 3, comprising 511 registered units. 455 sales are registered with the Dubai Land Department, at a current PIX© price of AED 819 per sqft. At AED 819 per sqft, Phase 7 prices 32% below the Living Legends average of AED 1,212 per sqft on registered sales.

PIX© price · 1.0% YoY
1.13MAED
Typical
819AED
PSF
Gross yield
6.8%
PIX© rent ÷ PIX© price
Sale records
455
DLD · all time
Rent contracts
632
Ejari · all time
Phase 7

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
59 – 4,328 sqft
5111.13M8191.0%77K6.8%
Residential
Studio · Apartment
452 – 795 sqft
99
1 Bed · Apartment
778 – 1,255 sqft
129
2 Bed · Apartment
1,122 – 1,844 sqft
142
3 Bed · Apartment
1,807 – 1,865 sqft
120
4 Bed · Apartment
3,886 – 4,328 sqft
19
Commercial
Store
59 – 60 sqft
2
Sales — Project-Wide455 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 Analysis
last 24 months
All towers · 40 sales
Alladin Tower · 9 sales
Hercules Tower · 31 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
7 Aug 20263 BedFloor 91,8111,760,000972+15.7%StandardStandard Sale
3 Aug 20262 BedFloor 71,5551,460,000939+11.7%StandardStandard Sale
27 Jul 20264 BedHercules Tower · Floor 114,0003,100,000775+77.1%StandardStandard Sale
Rentals — Project-Wide632 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 115 rentals
Floors 1-2 · 32 rentals
Floors 3-11 · 83 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
17 Aug 20261 BedFloor 585054,000640.0%Standardnew
15 Aug 2026StudioFloor 145240,00089+39.9%Entry Levelnew
13 Aug 20261 BedFloor 585054,00064-12.9%Standardnew

Comparables

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

Comparable projects in Living Legends

The closest-priced registered projects in Living Legends.

Common questions about Phase 7

Answered from Dubai Land Department registered transactions.

How much does a property in Phase 7 cost?

Property in Phase 7 sells at a current PIX© price of AED 819 per sqft, or about AED 1,125,354 for a typical unit, based on 455 sales registered with the Dubai Land Department.

When is Phase 7 handing over?

Phase 7 is under construction, due q3 2021, and is 92% complete against the Dubai Land Department's reported progress.

Who is the developer of Phase 7?

Phase 7 is developed by TANMIYAT GLOBAL REAL ESTATE DEVELOPMENT L L C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Phase 7?

Phase 7 yields 6.8% gross, calculated from current PIX© rent against current PIX© sale price, across 632 registered Ejari contracts.

How many units are in Phase 7?

Phase 7 holds 511 registered units across 3 towers, per the Dubai Land Department unit register.

Have prices in Phase 7 gone up or down?

Price per sqft has risen +1.0% over the last 12 months, to AED 819, across 455 registered sales.