PropertyIndex

Villas Phase 3

Completed · Q2 2024|55 villas

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Villas Phase 3 is a completed land development by SOBHA L.L.C in Sobha Hartland, Al Merkadh, comprising 55 registered villas. 85 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,352 per sqft. At AED 2,352 per sqft, Villas Phase 3 prices 9% above the Sobha Hartland average of AED 2,160 per sqft on registered sales.

PIX© price · 3.0% YoY
17.79MAED
Typical
2,352AED
PSF
Gross yield
3.0%
PIX© rent ÷ PIX© price
Sale records
85
DLD · all time
Rent contracts
44
Ejari · all time
Villas 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
6,018 – 8,029 sqft
5517.79M2,3523.0%531K3.0%
Residential
4 Bed · Villa
6,018 sqft
15
5 Bed · Villa
8,028 – 8,029 sqft
40
Villa (Bedrooms Unknown)
8,028 sqft
Land
Land
8,028 sqft
Sales — Project-Wide85 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
22 Jul 20264 Bed6,01814,350,0002,385+14.8%StandardStandard Sale
7 Jul 20265 Bed8,02819,500,0002,429+8.3%StandardStandard Sale
28 Jul 20254 Bed6,01812,500,0002,077-7.9%StandardStandard Sale
Rentals — Project-Wide44 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
15 Sep 20265 Bed8,0281,000,000125Standardrenewal
1 Aug 20264 Bed6,018649,111108-30.5%Standardnew
22 Jul 20265 Bed8,0281,000,0001250.0%Standardrenewal

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 Villas Phase 3

Answered from Dubai Land Department registered transactions.

How much does a property in Villas Phase 3 cost?

Property in Villas Phase 3 sells at a current PIX© price of AED 2,352 per sqft, or about AED 17,787,358 for a typical unit, based on 85 sales registered with the Dubai Land Department.

Is Villas Phase 3 completed?

Yes. Villas Phase 3 is recorded as completed in the Dubai Land Department project register (completed q2 2024).

Who is the developer of Villas Phase 3?

Villas Phase 3 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 Villas Phase 3?

Villas Phase 3 yields 3.0% gross, calculated from current PIX© rent against current PIX© sale price, across 44 registered Ejari contracts.

How many villas are in Villas Phase 3?

Villas Phase 3 holds 55 registered villas, per the Dubai Land Department unit register.

Have prices in Villas Phase 3 gone up or down?

Price per sqft has risen +3.0% over the last 12 months, to AED 2,352, across 85 registered sales.