PropertyIndex

Al Basri

In Progress · Date not reported

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Al Basri is an in-progress apartment development in Palm Jumeirah. 310 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,083 per sqft. At AED 3,083 per sqft, Al Basri prices 21% below the Palm Jumeirah average of AED 3,918 per sqft on registered sales.

PIX© price · 7.5% YoY
5.10MAED
Typical
3,083AED
PSF
Gross yield
3.9%
PIX© rent ÷ PIX© price
Sale records
310
DLD · all time
Rent contracts
1,133
Ejari · all time
Al Basri

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypePIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
5.10M3,0837.5%200K3.9%
1 Bed · Apartment
720 – 1,145 sqft
2 Bed · Apartment
1,551 – 2,012 sqft
3 Bed · Apartment
2,140 – 2,241 sqft
4 Bed · Apartment
4,838 – 5,249 sqft
Sales — Project-Wide310 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
22 May 20262 BedFloor LP1,5515,550,0003,579+23.3%StandardStandard Sale
14 Mar 20263 BedFloor LP2,1825,100,0002,338+18.0%StandardStandard Sale
2 Mar 20262 BedFloor 81,5835,100,0003,222+60.6%StandardStandard Sale
Rentals — Project-Wide1,133 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 96 rentals
Floors 1-3 · 30 rentals
Floors 4-11 · 66 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
8 Aug 20263 BedFloor 82,159221,212102-7.8%Standardrenewal
1 Aug 20262 BedFloor 21,586150,00095-17.1%Standardnew
1 Aug 20262 BedFloor 101,551220,0001420.0%Standardrenewal

Comparables

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

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Common questions about Al Basri

Answered from Dubai Land Department registered transactions.

How much does a property in Al Basri cost?

Property in Al Basri sells at a current PIX© price of AED 3,083 per sqft, or about AED 5,095,524 for a typical unit, based on 310 sales registered with the Dubai Land Department.

When is Al Basri handing over?

Al Basri is under construction.

What is the rental yield in Al Basri?

Al Basri yields 3.9% gross, calculated from current PIX© rent against current PIX© sale price, across 1,133 registered Ejari contracts.

Have prices in Al Basri gone up or down?

Price per sqft has risen +7.5% over the last 12 months, to AED 3,083, across 310 registered sales.