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. 1,184 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,285 per sqft. At AED 1,285 per sqft, mira Community Ph 4 prices 9% above the Reem average of AED 1,176 per sqft on registered sales.

PIX© price · 1.3% YoY
3.61MAED
Typical
1,285AED
PSF
Gross yield
4.7%
PIX© rent ÷ PIX© price
Sale records
1,184
DLD · all time
Rent contracts
2,655
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
5163.61M1,2851.3%169K4.7%
2 Bed · Villa
3 Bed · Villa
2,169 – 3,674 sqft
324
4 Bed · Villa
2,841 – 5,116 sqft
192
5 Bed · Villa
Sales — Project-Wide1,184 DLD records
Sale price AED/sqft · monthly · all time

Price per sqft has risen +1.3% over the last 12 months, to AED 1,285, across 1,184 registered sales.

PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range · all time
PSF range
Avg size
Cash : mortgage
Off-plan : ready
DateSizePricePSFUnit TypeType
21 Jul 20263,1053,750,0001,208Entry LevelStandard Sale
14 Jul 20262,1703,250,0001,498PremiumStandard Sale
9 Jul 20263,8044,350,0001,144Entry LevelStandard Sale
Rentals — Project-Wide2,655 Ejari contracts
Annual rent AED · monthly · all time
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range · all time
Renewals
Corporate
Start DateSizeRent / YrRent PSFUnit TypeType
1 Sep 20262,197160,00073Standardnew
18 Aug 20262,170150,00069Entry Levelrenewal
15 Aug 20262,170155,00071Entry Levelnew

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 1,285 per sqft, or about AED 3,608,615 for a typical unit, based on 1,184 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 4.7% gross, calculated from current PIX© rent against current PIX© sale price, across 2,655 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 +1.3% over the last 12 months, to AED 1,285, across 1,184 registered sales.