PropertyIndex

Mira Oasis Community Phase 3

Completed · Q1 2020|483 villas

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Mira Oasis Community Phase 3 is a completed villas development by AL ARYAM PHASE TWO L.L.C in Reem, Al Yelayiss 1, comprising 483 registered villas. 809 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,057 per sqft. At AED 1,057 per sqft, Mira Oasis Community Phase 3 prices 9% below the Reem average of AED 1,167 per sqft on registered sales.

PIX© price · 9.2% YoY
3.11MAED
Typical
1,057AED
PSF
Gross yield
5.2%
PIX© rent ÷ PIX© price
Sale records
809
DLD · all time
Rent contracts
2,150
Ejari · all time
Mira Oasis Community Phase 3

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
1,934 – 6,212 sqft
4833.11M1,0579.2%163K5.2%
3 Bed · Villa
1,934 – 6,212 sqft
359
4 Bed · Villa
2,055 – 5,040 sqft
124
Villa (Bedrooms Unknown)
3,319 – 3,592 sqft
Sales — Project-Wide809 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
13 Aug 20264 Bed2,2973,375,0001,469+18.2%StandardStandard Sale
6 Aug 20263 Bed2,8182,700,000958Entry LevelStandard Sale
24 Jul 20263 Bed2,9692,675,000901-2.7%Entry LevelStandard Sale
Rentals — Project-Wide2,150 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
11 Sep 20263 Bed2,364145,00061Standardrenewal
21 Aug 20263 Bed3,163133,40042Entry Levelrenewal
15 Aug 20263 Bed2,762150,00054-6.2%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 Oasis Community Phase 3

Answered from Dubai Land Department registered transactions.

How much does a property in Mira Oasis Community Phase 3 cost?

Property in Mira Oasis Community Phase 3 sells at a current PIX© price of AED 1,057 per sqft, or about AED 3,111,784 for a typical unit, based on 809 sales registered with the Dubai Land Department.

Is Mira Oasis Community Phase 3 completed?

Yes. Mira Oasis Community Phase 3 is recorded as completed in the Dubai Land Department project register (completed q1 2020).

Who is the developer of Mira Oasis Community Phase 3?

Mira Oasis Community Phase 3 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 3?

Mira Oasis Community Phase 3 yields 5.2% gross, calculated from current PIX© rent against current PIX© sale price, across 2,150 registered Ejari contracts.

How many villas are in Mira Oasis Community Phase 3?

Mira Oasis Community Phase 3 holds 483 registered villas, per the Dubai Land Department unit register.

Have prices in Mira Oasis Community Phase 3 gone up or down?

Price per sqft has risen +9.2% over the last 12 months, to AED 1,057, across 809 registered sales.