PropertyIndex

SIT TOWER FZCO

Developer in Dubai · 1 project across 1 community

SIT TOWER FZCO is a Dubai property developer with 1 registered project comprising 1,231 units. 23 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,094 per sqft. At AED 1,094 per sqft, SIT TOWER FZCO prices 43% below the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
1
1 completed
Inventory
1,231units
1,231 completed
Communities
1
across Dubai
PIX© PSF
1,094AED/sqft
32.6% YoY
Gross yield
8.8%
PIX© rent ÷ PIX© price
Sale records
23
DLD · L12M · 31.03M AED
Rent contracts
102
Ejari · L12M

Delivery track record

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

Delivered
1 project
1,231 units
In pipeline
0 projects
-
’10
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every SIT TOWER FZCO 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 1
Silicon Information Technology Tower
SIT TOWER FZCOCompleted
PIX© PSF
Trend
Typical price
Yield
Units
1,231
Sales · L12M
23
Rents · L12M
102
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Silicon Information Technology Tower
SIT TOWER FZCO · Completed
1,23123102
Sales and rents are last-12-month DLD/Ejari records.

Common questions about SIT TOWER FZCO

Answered from Dubai Land Department registered transactions.

How much does a SIT TOWER FZCO property cost?

SIT TOWER FZCO prices at AED 1,094 per sqft on current PIX© values, based on 23 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do SIT TOWER FZCO properties achieve?

SIT TOWER FZCO yields 8.8% gross, calculated from current PIX© rents against current PIX© sale prices across 102 registered Ejari contracts.

How many projects does SIT TOWER FZCO have in Dubai?

SIT TOWER FZCO holds 1 registered project comprising 1,231 units, per the Dubai Land Department project register.

Where does SIT TOWER FZCO build in Dubai?

SIT TOWER FZCO has registered projects in Silicon Oasis, per the Dubai Land Department project register.

Have SIT TOWER FZCO prices gone up or down?

Prices across SIT TOWER FZCO's portfolio have risen +32.6% over the last 12 months, to AED 1,094 per sqft, across 23 registered sales.

Is SIT TOWER FZCO expensive compared to the Dubai market?

At AED 1,094 per sqft, SIT TOWER FZCO prices 43% below the Dubai market average of AED 1,921 per sqft on registered sales.