Flamingo Residence
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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.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|
PIX© Core Project-Wide — | 914K | 1,063 | 0.0% | 86K | 9.4% | |
| Residential | ||||||
1 Bed · Apartment 568 – 828 sqft | — | — | — | |||
2 Bed · Apartment 945 – 1,654 sqft | — | — | — | |||
| Commercial | ||||||
Shop 748 sqft | — | — | — | — | — | |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 16 Jun 2022 | Floor 3 | 702 | 730,270 | 1,040 | — | Standard | Standard Sale |
| 16 Jun 2022 | Floor 3 | 741 | 767,350 | 1,036 | — | Standard | Standard Sale |
| 16 Jun 2022 | Floor 2 | 704 | 741,600 | 1,053 | — | Standard | Standard Sale |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 71 rentals |
| Floors 1-2 | 37 rentals |
| Floors 3-4 | 34 rentals |
| Start Date | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 1 Aug 2026 | Floor 4 | 1,654 | 105,000 | 64 | 0.0% | Standard | new |
| 25 Jul 2026 | Floor 4 | 1,654 | 105,000 | 64 | -12.5% | Standard | new |
| 1 Jun 2026 | Floor 4 | 1,619 | 120,000 | 74 | 0.0% | Standard | renewal |
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.
- Azizi Park AvenueAED 1,217/sqft
- Jude residenceAED 1,294/sqft
- Centurion OnyxAED 1,366/sqft
- Injazzat ResidenceAED 1,376/sqft
- Azizi GreenfieldAED 1,406/sqft
- The GalleriesAED 1,418/sqft
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.