PropertyIndex

Mira Oasis Community Phase 2

Completed · Q3 2019|427 villas

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Mira Oasis Community Phase 2 is a completed villas development by AL ARYAM PHASE TWO L.L.C in Reem, Al Yelayiss 1, comprising 427 registered villas. 766 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,143 per sqft. At AED 1,143 per sqft, Mira Oasis Community Phase 2 prices 2% below the Reem average of AED 1,167 per sqft on registered sales.

PIX© price · 8.7% YoY
3.43MAED
Typical
1,143AED
PSF
Gross yield
4.9%
PIX© rent ÷ PIX© price
Sale records
766
DLD · all time
Rent contracts
2,014
Ejari · all time
Mira Oasis Community 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
2,292 – 5,405 sqft
4273.43M1,1438.7%167K4.9%
3 Bed · Villa
2,347 – 5,185 sqft
275
4 Bed · Villa
2,292 – 5,405 sqft
150
5 Bed · Villa
3,349 – 4,312 sqft
2
Villa (Bedrooms Unknown)
2,518 sqft
Sales — Project-Wide766 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
29 Jul 20263 Bed2,4622,750,0001,117+65.0%StandardStandard Sale
21 Jul 20263 Bed3,7203,000,000806+57.9%Entry LevelStandard Sale
20 Jul 20263 Bed2,3723,875,0001,633+38.4%PremiumStandard Sale
Rentals — Project-Wide2,014 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
25 Aug 20264 Bed3,161180,00057Entry Levelnew
22 Aug 20263 Bed2,522140,00056Entry Levelnew
15 Aug 20263 Bed3,243160,00049+6.7%Standardrenewal

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 Oasis Community Phase 2

Answered from Dubai Land Department registered transactions.

How much does a property in Mira Oasis Community Phase 2 cost?

Property in Mira Oasis Community Phase 2 sells at a current PIX© price of AED 1,143 per sqft, or about AED 3,433,623 for a typical unit, based on 766 sales registered with the Dubai Land Department.

Is Mira Oasis Community Phase 2 completed?

Yes. Mira Oasis Community Phase 2 is recorded as completed in the Dubai Land Department project register (completed q3 2019).

Who is the developer of Mira Oasis Community Phase 2?

Mira Oasis Community Phase 2 is developed by AL ARYAM PHASE TWO L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Mira Oasis Community Phase 2?

Mira Oasis Community Phase 2 yields 4.9% gross, calculated from current PIX© rent against current PIX© sale price, across 2,014 registered Ejari contracts.

How many villas are in Mira Oasis Community Phase 2?

Mira Oasis Community Phase 2 holds 427 registered villas, per the Dubai Land Department unit register.

Have prices in Mira Oasis Community Phase 2 gone up or down?

Price per sqft has risen +8.7% over the last 12 months, to AED 1,143, across 766 registered sales.