PropertyIndex

Greens- Phase I

Completed · Q3 2018|168 units · 2 buildings

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Greens- Phase I is a completed apartment development by SOBHA L.L.C in Sobha Hartland, Al Merkadh, comprising 168 registered units. 239 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,528 per sqft. At AED 1,528 per sqft, Greens- Phase I prices 29% below the Sobha Hartland average of AED 2,160 per sqft on registered sales.

PIX© price · 12.3% YoY
2.12MAED
Typical
1,528AED
PSF
Gross yield
5.3%
PIX© rent ÷ PIX© price
Sale records
239
DLD · all time
Rent contracts
719
Ejari · all time
Greens- Phase I

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
529 – 5,366 sqft
1682.12M1,52812.3%113K5.3%
Residential
Studio · Apartment
529 – 667 sqft
11
1 Bed · Apartment
854 – 1,631 sqft
77
2 Bed · Apartment
1,299 – 3,706 sqft
45
3 Bed · Apartment
1,884 – 5,366 sqft
25
4 Bed · Apartment
3,757 – 4,273 sqft
3
Commercial
Shop
631 – 1,307 sqft
7
Sales — Project-Wide239 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
Tower Analysis
last 24 months
All towers · 28 sales
Sobha Hartland Greens- Phase I -1 · 17 sales
Sobha Hartland Greens- Phase I -2 · 11 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
7 Aug 20261 BedSobha Hartland Greens- Phase I -1 · Floor 48571,490,0001,738+17.3%PremiumStandard Sale
17 Jun 20263 BedSobha Hartland Greens- Phase I -1 · Floor 21,8843,082,6111,636-8.0%StandardStandard Sale
2 Jun 20261 BedSobha Hartland Greens- Phase I -1 · Floor 18581,475,0001,720+16.3%StandardStandard Sale
Rentals — Project-Wide719 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 157 rentals
Floors 1-5 · 127 rentals
Floors 6-7 · 30 rentals
Sobha Hartland Greens- Phase I -2 · 69 rentals
Floors 1-5 · 51 rentals
Floors 6-7 · 18 rentals
Sobha Hartland Greens- Phase I -1 · 88 rentals
Floors 1-5 · 76 rentals
Floors 6-7 · 12 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
31 Aug 20261 Bed1,122100,00089Standardnew
21 Aug 20262 Bed1,865160,00086Standardrenewal
11 Aug 20261 BedSobha Hartland Greens- Phase I -1 · Floor 385884,00098+5.0%Entry Levelrenewal

Comparables

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

Comparable projects in Sobha Hartland

The closest-priced registered projects in Sobha Hartland.

Common questions about Greens- Phase I

Answered from Dubai Land Department registered transactions.

How much does a property in Greens- Phase I cost?

Property in Greens- Phase I sells at a current PIX© price of AED 1,528 per sqft, or about AED 2,115,033 for a typical unit, based on 239 sales registered with the Dubai Land Department.

Is Greens- Phase I completed?

Yes. Greens- Phase I is recorded as completed in the Dubai Land Department project register (completed q3 2018).

Who is the developer of Greens- Phase I?

Greens- Phase I is developed by SOBHA L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Greens- Phase I?

Greens- Phase I yields 5.3% gross, calculated from current PIX© rent against current PIX© sale price, across 719 registered Ejari contracts.

How many units are in Greens- Phase I?

Greens- Phase I holds 168 registered units, per the Dubai Land Department unit register.

Have prices in Greens- Phase I gone up or down?

Price per sqft has fallen -12.3% over the last 12 months, to AED 1,528, across 239 registered sales.