PropertyIndex

VARNADA REAL ESTATE DEVELOPMENT L.L.C

Developer in Dubai · 1 project across 1 community

VARNADA REAL ESTATE DEVELOPMENT L.L.C is a Dubai property developer with 1 registered project comprising 89 units. 6 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,050 per sqft. At AED 1,050 per sqft, VARNADA REAL ESTATE DEVELOPMENT L.L.C prices 45% below the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
1
1 completed
Inventory
89units
89 completed
Communities
1
across Dubai
PIX© PSF
1,050AED/sqft
↑5.0% YoY
Gross yield
6.9%
PIX© rent ÷ PIX© price
Sale records
6
DLD · L12M · 7.07M AED
Rent contracts
3
Ejari · L12M

Delivery track record

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

Delivered
1 project
89 units
In pipeline
0 projects
-
’23
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every VARNADA 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
CompletedSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 1
Forum Residences
VARNADA REAL ESTATE DEVELOPMENT L.L.CCompleted
PIX© PSF
Trend
Typical price
Yield
Units
89
Sales · L12M
6
Rents · L12M
3
Open project →
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Forum Residences
VARNADA REAL ESTATE DEVELOPMENT L.L.C · Completed
8963
Sales and rents are last-12-month DLD/Ejari records.

Common questions about VARNADA REAL ESTATE DEVELOPMENT L.L.C

Answered from Dubai Land Department registered transactions.

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

VARNADA REAL ESTATE DEVELOPMENT L.L.C prices at AED 1,050 per sqft on current PIX© values, based on 6 sales registered with the Dubai Land Department in the last 12 months.

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

VARNADA REAL ESTATE DEVELOPMENT L.L.C yields 6.9% gross, calculated from current PIX© rents against current PIX© sale prices across 3 registered Ejari contracts.

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

VARNADA REAL ESTATE DEVELOPMENT L.L.C holds 1 registered project comprising 89 units, per the Dubai Land Department project register.

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

VARNADA REAL ESTATE DEVELOPMENT L.L.C has registered projects in Majan, per the Dubai Land Department project register.

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

At AED 1,050 per sqft, VARNADA REAL ESTATE DEVELOPMENT L.L.C prices 45% below the Dubai market average of AED 1,921 per sqft on registered sales.