PropertyIndex

Micasa Avenue

Completed|64 units · 1 building

Micasa Avenue is a completed development by DIAMOND REAL ESTATE DEVELOPER in Al Furjan, comprising 64 registered units. 2 sales are registered with the Dubai Land Department, at a current PIX© price of AED 954 per sqft. At AED 954 per sqft, Micasa Avenue prices 28% below the Al Furjan median of AED 1,322 per sqft on registered sales.

PIX© price
635KAED
Typical
954AED
PSF
Gross yield
10.6%
PIX© rent ÷ PIX© price
Sale records
2
DLD · all time
Rent contracts
382
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 2

1 Bed on Floor 2, Micasa Avenue

Size
Record
Dec 2019 to Sep 2026
Owners
2
Tenants
3
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Tenant 35 Sep 2026
Renewal
Owner 2
3Tenant 35 Sep 202512 mo
Renewal
Owner 2
3Tenant 35 Sep 202412 mo
Owner 2
2Tenant 25 Sep 202312 mo
Renewal
Owner 2
2Tenant 25 Sep 20222.1 yrs
Owner 2
1Tenant 126 May 202114 mo
Renewal
Owner 2
1Tenant 125 Apr 202013 mo
Owner 2
2Owner 210 Dec 20196.8 yrs
Current owner
Owner 1 · UndisclosedAcquisition date and price not on record
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1 Bed · Floor 2 · Micasa Avenue
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Micasa Avenue

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
493 - 1,328 sqft
64635K954-67K10.6%
Residential
1 Bed · Apartment
653 - 718 sqft
49---
2 Bed · Apartment
1,119 - 1,328 sqft
14----
Commercial
Shop
493 sqft
1-----
Sales - Project-Wide2 DLD records
PIX© price analysis
All time
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
10 Dec 20191 BedMicasa Avenue · Floor 2666635,000954-StandardStandard Sale
13 Mar 20191 BedMicasa Avenue · Floor 3666635,000954-StandardOff-Plan Sale
9 Dec 2014Micasa Avenue19,6736,500,000330-StandardPayment Plan Sale
Rentals - Project-Wide382 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
5 Sep 20261 BedMicasa Avenue · Floor 266651,54177-StandardCERTIFICATE
25 Aug 20262 BedMicasa Avenue · Floor 51,11980,00071-StandardCONTRACT
15 Aug 20261 BedMicasa Avenue · Floor 369556,10081-StandardCONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Al Furjan

The closest-priced registered projects in Al Furjan.

Common questions about Micasa Avenue

Answered from Dubai Land Department registered transactions.

How much does a property in Micasa Avenue cost?

Property in Micasa Avenue sells at a current PIX© price of AED 954 per sqft, or about AED 635,000 for a typical unit, based on 2 sales registered with the Dubai Land Department.

Is Micasa Avenue completed?

Yes. Micasa Avenue is recorded as completed in the Dubai Land Department project register.

Who is the developer of Micasa Avenue?

Micasa Avenue is developed by DIAMOND REAL ESTATE DEVELOPER, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Micasa Avenue?

Micasa Avenue yields 10.6% gross, calculated from current PIX© rent against current PIX© sale price, across 382 registered Ejari contracts.

How many units are in Micasa Avenue?

Micasa Avenue holds 64 registered units, per the Dubai Land Department unit register.