PropertyIndex

mira Community Ph 4

Completed · Q3 2016|516 villas

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mira Community Ph 4 is a completed villas development by AL ARYAM PHASE ONE L.L.C in Reem, Al Yelayiss 1, comprising 516 registered villas. 1,185 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,278 per sqft. At AED 1,278 per sqft, mira Community Ph 4 prices 10% above the Reem average of AED 1,167 per sqft on registered sales.

PIX© price · 1.7% YoY
3.51MAED
Typical
1,278AED
PSF
Gross yield
4.8%
PIX© rent ÷ PIX© price
Sale records
1,185
DLD · all time
Rent contracts
2,747
Ejari · all time
mira Community Ph 4

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
2,169 – 5,116 sqft
5163.51M1,2781.7%168K4.8%
2 Bed · Villa
3,523 sqft
1
3 Bed · Villa
2,169 – 4,773 sqft
340
4 Bed · Villa
2,842 – 5,116 sqft
174
5 Bed · Villa
2,325 sqft
1
Villa (Bedrooms Unknown)
2,616 – 3,456 sqft
Sales — Project-Wide1,185 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 20264 Bed2,8423,700,0001,302+76.2%PremiumStandard Sale
21 Jul 20263 Bed3,1053,750,0001,208+74.4%Entry LevelStandard Sale
14 Jul 20263 Bed2,1703,250,0001,498+49.4%PremiumStandard Sale
Rentals — Project-Wide2,747 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
1 Sep 20263 Bed2,197160,00073Standardnew
18 Aug 20263 Bed2,170150,00069Entry Levelrenewal
16 Aug 20264 Bed3,794200,00053-2.4%Standardnew

Comparables

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

Comparable projects in Reem

The closest-priced registered projects in Reem.

Common questions about mira Community Ph 4

Answered from Dubai Land Department registered transactions.

How much does a property in mira Community Ph 4 cost?

Property in mira Community Ph 4 sells at a current PIX© price of AED 1,278 per sqft, or about AED 3,514,839 for a typical unit, based on 1,185 sales registered with the Dubai Land Department.

Is mira Community Ph 4 completed?

Yes. mira Community Ph 4 is recorded as completed in the Dubai Land Department project register (completed q3 2016).

Who is the developer of mira Community Ph 4?

mira Community Ph 4 is developed by AL ARYAM PHASE ONE L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in mira Community Ph 4?

mira Community Ph 4 yields 4.8% gross, calculated from current PIX© rent against current PIX© sale price, across 2,747 registered Ejari contracts.

How many villas are in mira Community Ph 4?

mira Community Ph 4 holds 516 registered villas, per the Dubai Land Department unit register.

Have prices in mira Community Ph 4 gone up or down?

Price per sqft has risen +1.7% over the last 12 months, to AED 1,278, across 1,185 registered sales.