PropertyIndex

MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C

Developer in Dubai · 6 projects across 5 communities

MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C is a Dubai property developer with 6 registered projects comprising 1,096 units. 369 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,506 per sqft. At AED 1,506 per sqft, MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C prices 22% below the Dubai market average of AED 1,924 per sqft on registered sales.

Projects
6
1 completed · 5 in progress
Inventory
1,096units
207 completed · 889 in progress
Communities
5
across Dubai
PIX© PSF
1,506AED/sqft
↑3.9% YoY
Gross yield
8.3%
PIX© rent ÷ PIX© price
Sale records
369
DLD · L12M · 407.16M AED
Rent contracts
119
Ejari · L12M

Portfolio

Every MASHRIQ ELITE REAL ESTATE 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.

CompletedIn progressSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 6
Floarea Breeze
MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.CUnder Construction
PIX© PSF
Trend
Typical price
Yield
Units
53
Sales · L12M
23
Rents · L12M
-
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Floarea Breeze
MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C · Under Construction
5323-
Floarea Residence
MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C · Completed
20736119
Floarea Grande
MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C · Under Construction
22315-
Floarea Vista
MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C · Under Construction
1597-
Floarea Skies
MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C · Under Construction
196124-
Floarea Oasis
MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C · Under Construction
258164-
Sales and rents are last-12-month DLD/Ejari records.

Common questions about MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C

Answered from Dubai Land Department registered transactions.

How much does a MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C property cost?

MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C prices at AED 1,506 per sqft on current PIX© values, based on 369 sales registered with the Dubai Land Department in the last 12 months.

Which MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C project is cheapest?

Floarea Oasis is the lowest-priced at AED 1,421 per sqft, and Floarea Breeze the highest at AED 2,064 per sqft, across 6 priced projects with registered sales.

What rental yield do MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C properties achieve?

MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C yields 8.3% gross, calculated from current PIX© rents against current PIX© sale prices across 119 registered Ejari contracts.

How many projects does MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C have in Dubai?

MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C holds 6 registered projects comprising 1,096 units, per the Dubai Land Department project register.

Where does MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C build in Dubai?

MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C has registered projects in Dubai Land Residence Complex, Jumeirah Village Circle, Arjan, Dubai Islands, Al Furjan, per the Dubai Land Department project register.

Have MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C prices gone up or down?

Prices across MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C's portfolio have risen +3.9% over the last 12 months, to AED 1,506 per sqft, across 369 registered sales.

Is MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C expensive compared to the Dubai market?

At AED 1,506 per sqft, MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C prices 22% below the Dubai market average of AED 1,924 per sqft on registered sales.