PropertyIndex

ALSHAFAR DEVELOPMENT L.L.C

Developer in Dubai · 2 projects across 2 communities

ALSHAFAR DEVELOPMENT L.L.C is a Dubai property developer with 2 registered projects comprising 1,125 units. 27 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 2,493 per sqft. At AED 2,493 per sqft, ALSHAFAR DEVELOPMENT L.L.C prices 30% above the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
2
2 completed
Inventory
1,125units
1,125 completed
Communities
2
across Dubai
PIX© PSF
2,493AED/sqft
45.9% YoY
Gross yield
6.4%
PIX© rent ÷ PIX© price
Sale records
27
DLD · L12M · 63.52M AED
Rent contracts
123
Ejari · L12M

Delivery track record

Handovers completed and the forward pipeline, by expected completion year, from DLD project registrations.

Delivered
2 projects
1,125 units
In pipeline
0 projects
-
’12
’13
’14
’15
’16
’17
’18
’19
’20
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every ALSHAFAR DEVELOPMENT L.L.C project. PIX© PSF-priced projects appear first; projects without a current price follow. Select a marker or number for the snapshot.

Map of comparable projects in this portfolio
CompletedSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 2
Platinum Tower
ALSHAFAR DEVELOPMENT L.L.CCompleted
PIX© PSF
Trend
Typical price
Yield
Units
984
Sales · L12M
25
Rents · L12M
104
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Platinum Tower
ALSHAFAR DEVELOPMENT L.L.C · Completed
98425104
The Pearl
ALSHAFAR DEVELOPMENT L.L.C · Completed
141219
Sales and rents are last-12-month DLD/Ejari records.

Common questions about ALSHAFAR DEVELOPMENT L.L.C

Answered from Dubai Land Department registered transactions.

How much does an ALSHAFAR DEVELOPMENT L.L.C property cost?

ALSHAFAR DEVELOPMENT L.L.C prices at AED 2,493 per sqft on current PIX© values, based on 27 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do ALSHAFAR DEVELOPMENT L.L.C properties achieve?

ALSHAFAR DEVELOPMENT L.L.C yields 6.4% gross, calculated from current PIX© rents against current PIX© sale prices across 123 registered Ejari contracts.

How many projects does ALSHAFAR DEVELOPMENT L.L.C have in Dubai?

ALSHAFAR DEVELOPMENT L.L.C holds 2 registered projects comprising 1,125 units, per the Dubai Land Department project register.

Where does ALSHAFAR DEVELOPMENT L.L.C build in Dubai?

ALSHAFAR DEVELOPMENT L.L.C has registered projects in Jumeirah Lakes Towers, Jaddaf Waterfront, per the Dubai Land Department project register.

Have ALSHAFAR DEVELOPMENT L.L.C prices gone up or down?

Prices across ALSHAFAR DEVELOPMENT L.L.C's portfolio have risen +45.9% over the last 12 months, to AED 2,493 per sqft, across 27 registered sales.

Is ALSHAFAR DEVELOPMENT L.L.C expensive compared to the Dubai market?

At AED 2,493 per sqft, ALSHAFAR DEVELOPMENT L.L.C prices 30% above the Dubai market average of AED 1,921 per sqft on registered sales.