PropertyIndex

mira Community Ph5

Completed · Q4 2016|316 villas

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

mira Community Ph5 is a completed mixed residential development by AL ARYAM PHASE ONE L.L.C in Reem, Al Yelayiss 1, comprising 324 registered units. 672 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,251 per sqft. At AED 1,251 per sqft, mira Community Ph5 prices 7% above the Reem average of AED 1,167 per sqft on registered sales.

PIX© price · 6.9% YoY
3.87MAED
Typical
1,251AED
PSF
Gross yield
4.6%
PIX© rent ÷ PIX© price
Sale records
672
DLD · all time
Rent contracts
1,641
Ejari · all time
mira Community Ph5

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
1,134 – 4,977 sqft
3243.87M1,2516.9%179K4.6%
Residential
3 Bed · Villa
2,166 – 4,361 sqft
194
4 Bed · Villa
2,842 – 4,977 sqft
121
5 Bed · Villa
3,629 sqft
1
Villa (Bedrooms Unknown)
2,168 – 3,368 sqft
Commercial
Office
Shop
1,134 – 4,396 sqft
8
Land
Land
307,782 sqft
Sales — Project-Wide672 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
4 Aug 20263 Bed2,6153,750,0001,434+78.6%StandardStandard Sale
20 Jul 20264 Bed3,1403,775,0001,202+71.6%StandardStandard Sale
2 Jul 20264 Bed3,3764,225,0001,252+53.6%StandardStandard Sale
Rentals — Project-Wide1,641 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
13 Oct 20263 Bed2,325155,00067Entry Levelrenewal
31 Aug 20264 Bed3,197198,81762Standardrenewal
15 Aug 20263 Bed2,170150,00069-3.2%Entry 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 Ph5

Answered from Dubai Land Department registered transactions.

How much does a property in mira Community Ph5 cost?

Property in mira Community Ph5 sells at a current PIX© price of AED 1,251 per sqft, or about AED 3,874,254 for a typical unit, based on 672 sales registered with the Dubai Land Department.

Is mira Community Ph5 completed?

Yes. mira Community Ph5 is recorded as completed in the Dubai Land Department project register (completed q4 2016).

Who is the developer of mira Community Ph5?

mira Community Ph5 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 Ph5?

mira Community Ph5 yields 4.6% gross, calculated from current PIX© rent against current PIX© sale price, across 1,641 registered Ejari contracts.

How many units are in mira Community Ph5?

mira Community Ph5 holds 324 registered units, per the Dubai Land Department unit register.

Have prices in mira Community Ph5 gone up or down?

Price per sqft has risen +6.9% over the last 12 months, to AED 1,251, across 672 registered sales.