PropertyIndex

Phase 2

Under Construction · Due Q4 2024 · 99%|215 villas

Alerts: Get notified of every new DLD-registered sale and rental contract.

Phase 2 is an under-construction villas development by AL QUDRA ESTATES L.L.C in Nad Al Sheba Gardens, Nad Al Shiba First, comprising 215 registered villas. 315 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,109 per sqft. At AED 2,109 per sqft, Phase 2 prices 9% below the Nad Al Sheba Gardens average of AED 2,329 per sqft on registered sales.

PIX© price · 7.3% YoY
8.22MAED
Typical
2,109AED
PSF
Gross yield
4.6%
PIX© rent ÷ PIX© price
Sale records
315
DLD · all time
Rent contracts
91
Ejari · all time
Phase 2

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
1,806 – 10,291 sqft
2158.22M2,1097.3%376K4.6%
Residential
3 Bed · Villa
1,806 – 5,506 sqft
137
4 Bed · Villa
4,472 – 7,708 sqft
58
5 Bed · Villa
5,396 – 10,291 sqft
20
Villa (Bedrooms Unknown)
5,226 – 10,291 sqft
Land
Land
1,808 – 2,255 sqft
Sales — Project-Wide315 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
12 Aug 20263 Bed1,450,000Standard Sale
7 Aug 20263 Bed2,3215,700,0002,456+41.2%StandardStandard Sale
3 Aug 20263 Bed3,7376,500,0001,740+14.3%Entry LevelStandard Sale
Rentals — Project-Wide91 Ejari contracts
PIX© rent analysis
All time
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 Bed1,998250,000125Entry Levelnew
14 Aug 20263 Bed1,808310,000171Standardnew
1 Aug 20263 Bed1,808300,000166Standardnew

Comparables

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

Comparable projects in Nad Al Sheba Gardens

The closest-priced registered projects in Nad Al Sheba Gardens.

Common questions about Phase 2

Answered from Dubai Land Department registered transactions.

How much does a property in Phase 2 cost?

Property in Phase 2 sells at a current PIX© price of AED 2,109 per sqft, or about AED 8,223,632 for a typical unit, based on 315 sales registered with the Dubai Land Department.

When is Phase 2 handing over?

Phase 2 is under construction, due q4 2024, and is 99% complete against the Dubai Land Department's reported progress.

Who is the developer of Phase 2?

Phase 2 is developed by AL QUDRA ESTATES L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Phase 2?

Phase 2 yields 4.6% gross, calculated from current PIX© rent against current PIX© sale price, across 91 registered Ejari contracts.

How many villas are in Phase 2?

Phase 2 holds 215 registered villas, per the Dubai Land Department unit register.

Have prices in Phase 2 gone up or down?

Price per sqft has risen +7.3% over the last 12 months, to AED 2,109, across 315 registered sales.