PropertyIndex

The Spark by Esnaad

Under Construction · 41%|50 units · 1 building

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The Spark by Esnaad is an under-construction apartment development by ESNAAD REAL ESTATE DEVELOPMENT L.L.C in Mohammed Bin Rashid Al Maktoum District 11, Wadi Al Safa 3, comprising 50 registered units. 42 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,843 per sqft. At AED 1,843 per sqft, The Spark by Esnaad prices 8% below the Mohammed Bin Rashid Al Maktoum District 11 average of AED 2,009 per sqft on registered sales.

PIX© price · 5.6% YoY
1.59MAED
Typical
1,843AED
PSF
Gross yield
PIX© rent ÷ PIX© price
Sale records
42
DLD · all time
Rent contracts
2
Ejari · all time
The Spark by Esnaad

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
670 – 1,512 sqft
501.59M1,8435.6%
Residential
1 Bed · Apartment
670 – 866 sqft
20
2 Bed · Apartment
860 – 1,512 sqft
29
Commercial
Shop
1,438 sqft
1
Sales — Project-Wide42 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
20 Jul 20261 BedFloor 47361,330,0001,806StandardStandard Sale
26 Jun 20262 BedFloor 29111,725,0001,893+16.1%StandardStandard Sale
23 Jun 20261 BedFloor 48391,465,0001,746StandardStandard Sale
Rentals — Project-Wide2 Ejari contracts
PIX© rent analysis

We don’t plot a PIX© rent trend for units with less than 12 DLD-registered contracts — this unit type only has 2. Review the official Ejari records below to make your own determination.

Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
25 Aug 20261 Bed83975,000Standardnew
14 Aug 20262 BedFloor 498888,000Standardnew

Comparables

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

Comparable projects in Mohammed Bin Rashid Al Maktoum District 11

The closest-priced registered projects in Mohammed Bin Rashid Al Maktoum District 11.

Common questions about The Spark by Esnaad

Answered from Dubai Land Department registered transactions.

How much does a property in The Spark by Esnaad cost?

Property in The Spark by Esnaad sells at a current PIX© price of AED 1,843 per sqft, or about AED 1,589,422 for a typical unit, based on 42 sales registered with the Dubai Land Department.

When is The Spark by Esnaad handing over?

The Spark by Esnaad is under construction, and is 41% complete against the Dubai Land Department's reported progress.

Who is the developer of The Spark by Esnaad?

The Spark by Esnaad is developed by ESNAAD REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in The Spark by Esnaad?

The Spark by Esnaad holds 50 registered units, per the Dubai Land Department unit register.

Have prices in The Spark by Esnaad gone up or down?

Price per sqft has risen +5.6% over the last 12 months, to AED 1,843, across 42 registered sales.