PropertyIndex

Rukan2

Completed · Q3 2022|49 villas

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Rukan2 is a completed villas development by CONTINENTAL INVESTMENTS LMD L.L.C in Rukan, Wadi Al Safa 7, comprising 49 registered villas. 74 sales are registered with the Dubai Land Department, at a current PIX© price of AED 983 per sqft. At AED 983 per sqft, Rukan2 prices 35% below the Rukan average of AED 1,510 per sqft on registered sales.

PIX© price · 26.1% YoY
4.31MAED
Typical
983AED
PSF
Gross yield
3.0%
PIX© rent ÷ PIX© price
Sale records
74
DLD · all time
Rent contracts
43
Ejari · all time
Rukan2

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
1,894 – 4,222 sqft
494.31M98326.1%130K3.0%
Residential
3 Bed · Villa
1,894 – 4,222 sqft
49
Villa (Bedrooms Unknown)
1,894 sqft
Land
Land
561,476 – 818,858 sqft
Sales — Project-Wide74 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
1 Apr 20263 Bed2,8162,900,0001,030+126.1%StandardPayment Plan Lease-to-Own
12 Mar 20263 Bed1,8952,825,0001,491+52.7%StandardStandard Sale
7 Jan 20263 Bed4,2223,150,000746StandardStandard Sale
Rentals — Project-Wide43 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 Jul 20263 Bed2,813145,000520.0%Standardrenewal
1 Feb 20263 Bed1,894160,000840.0%Standardrenewal
17 Jan 20263 Bed1,894130,00069-6.9%Standardnew

Comparables

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

Comparable projects in Rukan

The closest-priced registered projects in Rukan.

Common questions about Rukan2

Answered from Dubai Land Department registered transactions.

How much does a property in Rukan2 cost?

Property in Rukan2 sells at a current PIX© price of AED 983 per sqft, or about AED 4,314,410 for a typical unit, based on 74 sales registered with the Dubai Land Department.

Is Rukan2 completed?

Yes. Rukan2 is recorded as completed in the Dubai Land Department project register (completed q3 2022).

Who is the developer of Rukan2?

Rukan2 is developed by CONTINENTAL INVESTMENTS LMD L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Rukan2?

Rukan2 yields 3.0% gross, calculated from current PIX© rent against current PIX© sale price, across 43 registered Ejari contracts.

How many villas are in Rukan2?

Rukan2 holds 49 registered villas, per the Dubai Land Department unit register.

Have prices in Rukan2 gone up or down?

Price per sqft has fallen -26.1% over the last 12 months, to AED 983, across 74 registered sales.