PropertyIndex

FIRST HOMES LIMITED

Developer in Dubai · 2 projects across 1 community

FIRST HOMES LIMITED is a Dubai property developer with 2 registered projects comprising 516 units. 30 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,015 per sqft. At AED 1,015 per sqft, FIRST HOMES LIMITED prices 47% below the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
2
2 completed
Inventory
516units
516 completed
Communities
1
across Dubai
PIX© PSF
1,015AED/sqft
↓31.0% YoY
Gross yield
9.9%
PIX© rent ÷ PIX© price
Sale records
30
DLD · L12M · 19.07M AED
Rent contracts
133
Ejari · L12M

Delivery track record

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

Delivered
2 projects
516 units
In pipeline
0 projects
-
’09
’10
’11
’12
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every FIRST HOMES LIMITED 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
The Spirit
FIRST HOMES LIMITEDCompleted
PIX© PSF
Trend
Typical price
Yield
Units
387
Sales · L12M
20
Rents · L12M
91
Open project →
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
The Spirit
FIRST HOMES LIMITED · Completed
3872091
The Diamond
FIRST HOMES LIMITED · Completed
1291042
Sales and rents are last-12-month DLD/Ejari records.

Common questions about FIRST HOMES LIMITED

Answered from Dubai Land Department registered transactions.

How much does a FIRST HOMES LIMITED property cost?

FIRST HOMES LIMITED prices at AED 1,015 per sqft on current PIX© values, based on 30 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do FIRST HOMES LIMITED properties achieve?

FIRST HOMES LIMITED yields 9.9% gross, calculated from current PIX© rents against current PIX© sale prices across 133 registered Ejari contracts.

How many projects does FIRST HOMES LIMITED have in Dubai?

FIRST HOMES LIMITED holds 2 registered projects comprising 516 units, per the Dubai Land Department project register.

Where does FIRST HOMES LIMITED build in Dubai?

FIRST HOMES LIMITED has registered projects in Dubai Sports City, per the Dubai Land Department project register.

Have FIRST HOMES LIMITED prices gone up or down?

Prices across FIRST HOMES LIMITED's portfolio have fallen -31.0% over the last 12 months, to AED 1,015 per sqft, across 30 registered sales.

Is FIRST HOMES LIMITED expensive compared to the Dubai market?

At AED 1,015 per sqft, FIRST HOMES LIMITED prices 47% below the Dubai market average of AED 1,921 per sqft on registered sales.