PropertyIndex

Somerset Mews is a completed community by ELLINGTON PROPERTIES DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 17 registered villas. 40 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,749 per sqft. At AED 1,749 per sqft, Somerset Mews prices 10% below the Jumeirah Village Circle median of AED 1,942 per sqft on registered sales.

PIX© price · 15.9% YoY
5.30MAED
Typical
1,749AED
PSF
Gross yield
3.0%
PIX© rent ÷ PIX© price
Sale records
40
DLD · all time
Rent contracts
39
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Browse the tracked homes, or select a position in any table below, to follow one through every registered owner and tenant.

Type
Bedrooms
Houses with a record

4 Bed

Size
Record
Dec 2018 to Feb 2024
Owners
4
Tenants
5
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
4Owner 413 Feb 20242.6 yrs
Current owner
Sold with tenant in place
5Tenant 51 Sep 202312 mo
Owner 3
4Tenant 415 Jul 202212 mo
Owner 3
3Tenant 314 Jul 202112 mo
Owner 3
2Tenant 210 Jul 202012 mo
Owner 3
1Tenant 11 May 201914 mo
Owner 3
3Owner 34 Apr 20194.9 yrs
2Owner 211 Dec 20184 mo
Owner 1 · UndisclosedAcquisition date and price not on record
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Somerset Mews

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
1,735 - 3,711 sqft
175.30M1,74915.9%158K3.0%
Residential
3 Bed · Villa
1,735 - 3,711 sqft
14
4 Bed · Villa
1,735 - 1,739 sqft
3---
Land
Land
35,645 sqft
------
Sales - Project-Wide40 DLD records
PIX© price analysis
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.BedsSizePricePSFvs Prior SaleTierType
26 Feb 20263 Bed1,7373,500,0002,015+82.1%StandardStandard Sale
22 Jan 20253 Bed1,7372,900,0001,670+43.8%StandardStandard Sale
16 Oct 20243 Bed1,7373,100,0001,784+58.9%StandardStandard Sale
Rentals - Project-Wide39 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsSizeRent / YrRent PSFvs Prior RentTierType
25 Jul 20264 Bed1,735139,46680-StandardCONTRACT
20 Apr 20263 Bed3,711210,00057-StandardCERTIFICATE
25 Jul 20254 Bed1,735132,82577-StandardCONTRACT

Comparables

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

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Somerset Mews

Answered from Dubai Land Department registered transactions.

How much does a property in Somerset Mews cost?

Property in Somerset Mews sells at a current PIX© price of AED 1,749 per sqft, or about AED 5,297,816 for a typical unit, based on 40 sales registered with the Dubai Land Department.

Is Somerset Mews completed?

Yes. Somerset Mews is recorded as completed in the Dubai Land Department project register.

Who is the developer of Somerset Mews?

Somerset Mews is developed by ELLINGTON PROPERTIES DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Somerset Mews?

Somerset Mews yields 3.0% gross, calculated from current PIX© rent against current PIX© sale price, across 39 registered Ejari contracts.

How many villas are in Somerset Mews?

Somerset Mews holds 17 registered villas, per the Dubai Land Department unit register.

Have prices in Somerset Mews gone up or down?

Price per sqft has risen +15.9% over the last 12 months, to AED 1,749, across 40 registered sales.