PropertyIndex

SOUQ RESIDENCES FZCO

Developer in Dubai · 1 project across 1 community

SOUQ RESIDENCES FZCO is a Dubai property developer with 1 registered project comprising 3,574 units. 53 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,839 per sqft. At AED 1,839 per sqft, SOUQ RESIDENCES FZCO prices 4% below the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
1
1 completed
Inventory
3,574units
3,574 completed
Communities
1
across Dubai
PIX© PSF
1,839AED/sqft
5.5% YoY
Gross yield
4.7%
PIX© rent ÷ PIX© price
Sale records
53
DLD · L12M · 256.11M AED
Rent contracts
198
Ejari · L12M

Delivery track record

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

Delivered
1 project
3,574 units
In pipeline
0 projects
-
’09
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every SOUQ RESIDENCES 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
Golden Mile
SOUQ RESIDENCES FZCOCompleted
PIX© PSF
Trend
Typical price
Yield
Units
3,574
Sales · L12M
53
Rents · L12M
198
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Golden Mile
SOUQ RESIDENCES FZCO · Completed
3,57453198
Sales and rents are last-12-month DLD/Ejari records.

Common questions about SOUQ RESIDENCES FZCO

Answered from Dubai Land Department registered transactions.

How much does a SOUQ RESIDENCES FZCO property cost?

SOUQ RESIDENCES FZCO prices at AED 1,839 per sqft on current PIX© values, based on 53 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do SOUQ RESIDENCES FZCO properties achieve?

SOUQ RESIDENCES FZCO yields 4.7% gross, calculated from current PIX© rents against current PIX© sale prices across 198 registered Ejari contracts.

How many projects does SOUQ RESIDENCES FZCO have in Dubai?

SOUQ RESIDENCES FZCO holds 1 registered project comprising 3,574 units, per the Dubai Land Department project register.

Where does SOUQ RESIDENCES FZCO build in Dubai?

SOUQ RESIDENCES FZCO has registered projects in Palm Jumeirah, per the Dubai Land Department project register.

Have SOUQ RESIDENCES FZCO prices gone up or down?

Prices across SOUQ RESIDENCES FZCO's portfolio have fallen -5.5% over the last 12 months, to AED 1,839 per sqft, across 53 registered sales.

Is SOUQ RESIDENCES FZCO expensive compared to the Dubai market?

At AED 1,839 per sqft, SOUQ RESIDENCES FZCO prices 4% below the Dubai market average of AED 1,921 per sqft on registered sales.