PropertyIndex

Green Community Motor City, Phase 2 - Casa Familia

Completed · Q4 2017|93 townhouses · 2 villas

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Green Community Motor City, Phase 2 - Casa Familia is a completed villas development by NATIONAL PROPERTIES OWNED BY NATIONAL BONDS CORPORATION SOLE PROPRIETORSHIP PSC SOLE PROPRIETORSHIP L.L.C in Motor City, Al Hebiah First, comprising 95 registered townhouses. 121 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,876 per sqft. At AED 1,876 per sqft, Green Community Motor City, Phase 2 - Casa Familia prices 12% above the Motor City average of AED 1,675 per sqft on registered sales.

PIX© price · 10.2% YoY
5.89MAED
Typical
1,876AED
PSF
Gross yield
5.7%
PIX© rent ÷ PIX© price
Sale records
121
DLD · all time
Rent contracts
230
Ejari · all time
Green Community Motor City, Phase 2 - Casa Familia

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
2,580 – 5,556 sqft
955.89M1,87610.2%336K5.7%
3 Bed · Townhouse
2,580 – 3,219 sqft
31
4 Bed · Townhouse
2,582 – 4,889 sqft
36
5 Bed · Townhouse
2,587 – 5,556 sqft
26
3 Bed · Villa
2,581 – 2,583 sqft
2
Sales — Project-Wide121 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
14 Aug 20265 Bed4,8408,925,0001,844+27.5%StandardStandard Sale
7 Aug 20264 Bed3,2346,300,0001,948+85.2%StandardStandard Sale
2 Jul 20263 Bed2,5885,200,0002,009+39.4%StandardStandard Sale
Rentals — Project-Wide230 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20263 Bed2,589250,00097Standardnew
1 Aug 20263 Bed2,580220,000850.0%Standardrenewal
24 Jul 20265 Bed4,892500,000102+53.4%Standardnew

Comparables

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

Comparable projects in Motor City

The closest-priced registered projects in Motor City.

Common questions about Green Community Motor City, Phase 2 - Casa Familia

Answered from Dubai Land Department registered transactions.

How much does a property in Green Community Motor City, Phase 2 - Casa Familia cost?

Property in Green Community Motor City, Phase 2 - Casa Familia sells at a current PIX© price of AED 1,876 per sqft, or about AED 5,890,085 for a typical unit, based on 121 sales registered with the Dubai Land Department.

Is Green Community Motor City, Phase 2 - Casa Familia completed?

Yes. Green Community Motor City, Phase 2 - Casa Familia is recorded as completed in the Dubai Land Department project register (completed q4 2017).

Who is the developer of Green Community Motor City, Phase 2 - Casa Familia?

Green Community Motor City, Phase 2 - Casa Familia is developed by NATIONAL PROPERTIES OWNED BY NATIONAL BONDS CORPORATION SOLE PROPRIETORSHIP PSC SOLE PROPRIETORSHIP L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Green Community Motor City, Phase 2 - Casa Familia?

Green Community Motor City, Phase 2 - Casa Familia yields 5.7% gross, calculated from current PIX© rent against current PIX© sale price, across 230 registered Ejari contracts.

How many townhouses are in Green Community Motor City, Phase 2 - Casa Familia?

Green Community Motor City, Phase 2 - Casa Familia holds 95 registered townhouses, per the Dubai Land Department unit register.

Have prices in Green Community Motor City, Phase 2 - Casa Familia gone up or down?

Price per sqft has risen +10.2% over the last 12 months, to AED 1,876, across 121 registered sales.