PropertyIndex

Nasayem Avenue

Completed · Q1 2020|450 units · 3 buildings

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Nasayem Avenue is a completed apartment development by DUBAI INVESTMENT REAL ESTATE (L L C) in Mirdif Hills, Mirdif, comprising 450 registered units. 449 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,013 per sqft. At AED 1,013 per sqft, Nasayem Avenue prices 21% below the Mirdif Hills average of AED 1,275 per sqft on registered sales.

PIX© price · 11.9% YoY
1.95MAED
Typical
1,013AED
PSF
Gross yield
7.1%
PIX© rent ÷ PIX© price
Sale records
449
DLD · all time
Rent contracts
635
Ejari · all time
Nasayem Avenue

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
62 – 9,566 sqft
4501.95M1,01311.9%138K7.1%
Residential
Studio · Apartment
1,042 – 1,048 sqft
2
1 Bed · Apartment
1,117 – 1,371 sqft
20
2 Bed · Apartment
1,210 – 2,314 sqft
228
3 Bed · Apartment
1,577 – 3,407 sqft
112
4 Bed · Apartment
2,756 – 3,732 sqft
40
Commercial
Shop
3,251 – 9,566 sqft
5
Store
62 – 114 sqft
43
Sales — Project-Wide449 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 · 84 sales
Tower 1 · 29 sales
Tower 2 · 30 sales
Tower 3 · 25 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
3 Aug 20262 BedTower 2 · Floor 21,5281,450,000949Entry LevelPayment Plan Sale
23 Jul 20262 BedTower 1 · Floor 21,3901,600,0001,151-3.2%StandardPayment Plan Sale
23 Jul 20263 BedTower 3 · Floor 53,2892,550,000775-11.4%Entry LevelStandard Sale
Rentals — Project-Wide635 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 289 rentals
Floors 1-2 · 146 rentals
Floors 3-5 · 143 rentals
Tower 3 · 80 rentals
Floors 1-2 · 44 rentals
Floors 3-5 · 36 rentals
Tower 1 · 103 rentals
Floors 1-2 · 63 rentals
Floors 3-5 · 40 rentals
Tower 2 · 106 rentals
Floors 1-2 · 39 rentals
Floors 3-5 · 67 rentals
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
20 Aug 20262 Bed1,53695,00062Standardnew
20 Aug 20262 Bed1,504105,00070Standardnew
18 Aug 20262 Bed1,518100,00066Standardrenewal

Comparables

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

Comparable projects in Mirdif Hills

The closest-priced registered projects in Mirdif Hills.

Common questions about Nasayem Avenue

Answered from Dubai Land Department registered transactions.

How much does a property in Nasayem Avenue cost?

Property in Nasayem Avenue sells at a current PIX© price of AED 1,013 per sqft, or about AED 1,953,307 for a typical unit, based on 449 sales registered with the Dubai Land Department.

Is Nasayem Avenue completed?

Yes. Nasayem Avenue is recorded as completed in the Dubai Land Department project register (completed q1 2020).

Who is the developer of Nasayem Avenue?

Nasayem Avenue is developed by DUBAI INVESTMENT REAL ESTATE (L L C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Nasayem Avenue?

Nasayem Avenue yields 7.1% gross, calculated from current PIX© rent against current PIX© sale price, across 635 registered Ejari contracts.

How many units are in Nasayem Avenue?

Nasayem Avenue holds 450 registered units, per the Dubai Land Department unit register.

Have prices in Nasayem Avenue gone up or down?

Price per sqft has fallen -11.9% over the last 12 months, to AED 1,013, across 449 registered sales.