PropertyIndex

The 50

Completed · Q3 2020|60 units · 1 tower

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The 50 is a completed apartment development by TRIGONO DEVELOPMENTS L.L.C in Majan, Wadi Al Safa 3, comprising 60 registered units. 26 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,177 per sqft. At AED 1,177 per sqft, The 50 prices 24% below the Majan average of AED 1,541 per sqft on registered sales.

PIX© price · 4.1% YoY
1.34MAED
Typical
1,177AED
PSF
Gross yield
6.2%
PIX© rent ÷ PIX© price
Sale records
26
DLD · all time
Rent contracts
188
Ejari · all time
The 50

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
880 – 1,766 sqft
601.34M1,1774.1%83K6.2%
1 Bed · Apartment
880 – 923 sqft
40
2 Bed · Apartment
1,760 – 1,766 sqft
20
Sales — Project-Wide26 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
DateUnitPositionSizePricePSFvs Prior SaleTierType
7 Jul 20261 BedFloor 98801,150,0041,307PremiumPayment Plan Sale
29 Jun 20262 BedFloor 61,7661,800,0001,019StandardStandard Sale
19 May 20261 BedFloor 49231,000,0001,084Entry LevelStandard Sale
Rentals — Project-Wide188 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 20262 BedFloor 31,766104,85659+58.2%Standardnew
5 Aug 20262 BedFloor 101,766114,68665-23.5%Standardnew
30 Jul 20261 BedFloor 288058,83967-1.9%Standardnew

Comparables

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

Comparable projects in Majan

The closest-priced registered projects in Majan.

Common questions about The 50

Answered from Dubai Land Department registered transactions.

How much does a property in The 50 cost?

Property in The 50 sells at a current PIX© price of AED 1,177 per sqft, or about AED 1,342,946 for a typical unit, based on 26 sales registered with the Dubai Land Department.

Is The 50 completed?

Yes. The 50 is recorded as completed in the Dubai Land Department project register (completed q3 2020).

Who is the developer of The 50?

The 50 is developed by TRIGONO DEVELOPMENTS L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The 50?

The 50 yields 6.2% gross, calculated from current PIX© rent against current PIX© sale price, across 188 registered Ejari contracts.

How many units are in The 50?

The 50 holds 60 registered units, per the Dubai Land Department unit register.

Have prices in The 50 gone up or down?

Price per sqft has risen +4.1% over the last 12 months, to AED 1,177, across 26 registered sales.