PropertyIndex

MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C

Developer in Dubai · 2 projects across 1 community

MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C is a Dubai property developer with 2 registered projects comprising 394 units. 12 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,226 per sqft. At AED 1,226 per sqft, MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C prices 36% below the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
2
1 completed · 1 in progress
Inventory
394units
243 completed · 151 in progress
Communities
1
across Dubai
PIX© PSF
1,226AED/sqft
12.3% YoY
Gross yield
5.1%
PIX© rent ÷ PIX© price
Sale records
12
DLD · L12M · 13.06M AED
Rent contracts
45
Ejari · L12M

Delivery track record

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

Delivered
1 project
243 units
In pipeline
1 project
151 units
n/d
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every MYKA LUXE 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.

Map of comparable projects in this portfolio
CompletedIn progressSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 2
MYKA Residence
MYKA LUXE REAL ESTATE DEVELOPMENT L.L.CCompleted
PIX© PSF
Trend
Typical price
Yield
Units
243
Sales · L12M
12
Rents · L12M
45
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
MYKA Residence
MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C · Completed
2431245
Myka Suites
MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C · Under Construction
151--
Sales and rents are last-12-month DLD/Ejari records.

Common questions about MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C

Answered from Dubai Land Department registered transactions.

How much does a MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C property cost?

MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C prices at AED 1,226 per sqft on current PIX© values, based on 12 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C properties achieve?

MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C yields 5.1% gross, calculated from current PIX© rents against current PIX© sale prices across 45 registered Ejari contracts.

How many projects does MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C have in Dubai?

MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C holds 2 registered projects comprising 394 units, per the Dubai Land Department project register.

Where does MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C build in Dubai?

MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C has registered projects in International Media Production Zone, per the Dubai Land Department project register.

Have MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C prices gone up or down?

Prices across MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C's portfolio have risen +12.3% over the last 12 months, to AED 1,226 per sqft, across 12 registered sales.

Is MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C expensive compared to the Dubai market?

At AED 1,226 per sqft, MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C prices 36% below the Dubai market average of AED 1,921 per sqft on registered sales.