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MATRIX REAL ESTATE DEVELOPMENT L.L.C

Solcasa Residence

Under Construction · Date not reported|58 units · 1 building
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Solcasa Residence is an under-construction development by MATRIX REAL ESTATE DEVELOPMENT L.L.C in Meydan, comprising 58 registered units. 47 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,769 per sqft. At AED 1,769 per sqft, Solcasa Residence prices 18% below the Meydan median of AED 2,147 per sqft on registered sales.

PIX© price · ↓0.9% YoY
1.89MAED
Typical
1,769AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
47
DLD · all time
Rent contracts
Awaiting handover
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 unknown
…

Land, Solcasa Residence

Size
Record
Sep 2018 to Apr 2023
Owners
2
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
2Owner 27 Apr 20233.4 yrs
Current owner
1Owner 111 Sep 20184.6 yrs
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Land · Solcasa Residence
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Solcasa Residence

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 YoY
PIX© Core
Project-Wide
435 - 2,829 sqft
581.89M1,769↓0.9%
Residential
Studio · Apartment
450 - 451 sqft
16-
1 Bed · Apartment
934 - 966 sqft
16
2 Bed · Apartment
1,339 sqft
16
3 Bed · Apartment
2,605 - 2,829 sqft
5-
Commercial
Shop
435 - 1,281 sqft
5---
No rental contracts registered - the project has not handed over.
Sales - Project-Wide47 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.BedsPositionSizePricePSFvs Prior SaleTierType
10 Apr 20262 BedSolcasa Residence · Floor 51,3392,400,0001,792-StandardOff-Plan Sale
24 Mar 20261 BedSolcasa Residence · Floor 29661,750,0001,812-StandardOff-Plan Sale
17 Mar 20263 BedSolcasa Residence · Floor 12,6054,265,0001,638-StandardOff-Plan Sale
Rentals - Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

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

Comparable projects in Meydan

The closest-priced registered projects in Meydan.

Common questions about Solcasa Residence

Answered from Dubai Land Department registered transactions.

How much does a property in Solcasa Residence cost?

Property in Solcasa Residence sells at a current PIX© price of AED 1,769 per sqft, or about AED 1,887,284 for a typical unit, based on 47 sales registered with the Dubai Land Department.

When is Solcasa Residence handing over?

Solcasa Residence is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Solcasa Residence?

Solcasa Residence is developed by MATRIX REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Solcasa Residence?

Solcasa Residence holds 58 registered units, per the Dubai Land Department unit register.

Have prices in Solcasa Residence gone up or down?

Price per sqft has fallen -0.9% over the last 12 months, to AED 1,769, across 47 registered sales.