PropertyIndex

West - Phase 1

Under Construction · 40%|467 villas

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West - Phase 1 is an under-construction land development by MEYDAN GROUP (L.L.C) in Mohammed Bin Rashid Al Maktoum City District One, Ghadeer Al tair, comprising 467 registered villas. 654 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,946 per sqft. At AED 1,946 per sqft, West - Phase 1 prices 8% below the Mohammed Bin Rashid Al Maktoum City District One average of AED 2,117 per sqft on registered sales.

PIX© price · 6.8% YoY
19.29MAED
Typical
1,946AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
654
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
West - Phase 1

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 YoY
PIX© Core
Project-Wide
6,144 – 22,355 sqft
46719.29M1,9466.8%
Residential
4 Bed · Villa
6,144 – 8,260 sqft
135
5 Bed · Villa
7,620 – 11,576 sqft
243
6 Bed · Villa
10,533 – 16,743 sqft
61
7 Bed · Villa
14,531 – 22,355 sqft
28
Villa (Bedrooms Unknown)
21,349 – 22,355 sqft
Land
Land
6,333 – 11,748 sqft
No rental contracts registered — the project has not handed over.
Sales — Project-Wide654 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
DateUnitSizePricePSFvs Prior SaleTierType
10 Aug 20264 Bed7,80013,178,8001,6900.0%Entry LevelPayment Plan Sale
8 Aug 20265 Bed8,43914,300,0001,6940.0%Entry LevelPayment Plan Sale
4 Aug 20264 Bed6,78112,500,0001,843+41.2%StandardPayment Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

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

Comparable projects in Mohammed Bin Rashid Al Maktoum City District One

The closest-priced registered projects in Mohammed Bin Rashid Al Maktoum City District One.

Common questions about West - Phase 1

Answered from Dubai Land Department registered transactions.

How much does a property in West - Phase 1 cost?

Property in West - Phase 1 sells at a current PIX© price of AED 1,946 per sqft, or about AED 19,293,294 for a typical unit, based on 654 sales registered with the Dubai Land Department.

When is West - Phase 1 handing over?

West - Phase 1 is under construction, and is 40% complete against the Dubai Land Department's reported progress.

Who is the developer of West - Phase 1?

West - Phase 1 is developed by MEYDAN GROUP (L.L.C), the developer recorded against the project in the Dubai Land Department register.

How many villas are in West - Phase 1?

West - Phase 1 holds 467 registered villas, per the Dubai Land Department unit register.

Have prices in West - Phase 1 gone up or down?

Price per sqft has fallen -6.8% over the last 12 months, to AED 1,946, across 654 registered sales.