PropertyIndex

Flamingo Residence

In Progress · Date not reported

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Flamingo Residence is an in-progress apartment development in Meydan Racecourse Community, Nad Al Shiba First. 44 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,063 per sqft. At AED 1,063 per sqft, Flamingo Residence prices 49% below the Meydan Racecourse Community average of AED 2,070 per sqft on registered sales.

PIX© price · 0.0% YoY
914KAED
Typical
1,063AED
PSF
Gross yield
9.4%
PIX© rent ÷ PIX© price
Sale records
44
DLD · all time
Rent contracts
177
Ejari · all time
Flamingo Residence

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
914K1,0630.0%86K9.4%
Residential
1 Bed · Apartment
568 – 828 sqft
2 Bed · Apartment
945 – 1,654 sqft
Commercial
Shop
748 sqft
Sales — Project-Wide44 DLD records
PIX© price analysis
All time
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
16 Jun 2022Floor 3702730,2701,040StandardStandard Sale
16 Jun 2022Floor 3741767,3501,036StandardStandard Sale
16 Jun 2022Floor 2704741,6001,053StandardStandard Sale
Rentals — Project-Wide177 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 · 71 rentals
Floors 1-2 · 37 rentals
Floors 3-4 · 34 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
1 Aug 2026Floor 41,654105,000640.0%Standardnew
25 Jul 2026Floor 41,654105,00064-12.5%Standardnew
1 Jun 2026Floor 41,619120,000740.0%Standardrenewal

Comparables

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

Comparable projects in Meydan Racecourse Community

The closest-priced registered projects in Meydan Racecourse Community.

Common questions about Flamingo Residence

Answered from Dubai Land Department registered transactions.

How much does a property in Flamingo Residence cost?

Property in Flamingo Residence sells at a current PIX© price of AED 1,063 per sqft, or about AED 913,636 for a typical unit, based on 44 sales registered with the Dubai Land Department.

When is Flamingo Residence handing over?

Flamingo Residence is under construction.

What is the rental yield in Flamingo Residence?

Flamingo Residence yields 9.4% gross, calculated from current PIX© rent against current PIX© sale price, across 177 registered Ejari contracts.

Have prices in Flamingo Residence gone up or down?

Price per sqft has held flat over the last 12 months at AED 1,063, across 44 registered sales.