PropertyIndex

Al Sultana

117 units · 1 building
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Al Sultana is a development in Palm Jumeirah, comprising 117 registered units. 220 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,115 per sqft. At AED 2,115 per sqft, Al Sultana prices 60% below the Palm Jumeirah median of AED 5,353 per sqft on registered sales.

PIX© price · ↓31.5% YoY
3.40MAED
Typical
2,115AED
PSF
Gross yield
7.1%
PIX© rent ÷ PIX© price
Sale records
220
DLD · all time
Rent contracts
845
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 7
…

2 Bed on Floor 7, Al Sultana

Size
Record
Mar 2009 to Jun 2023
Owners
6
Tenants
9
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
6Owner 622 Jun 20233.2 yrs
Current owner
9Tenant 91 Dec 20226 mo
Ended early
Owner 5
5Owner 58 Sep 20229 mo
4Owner 411 Apr 202117 mo
Sold with tenant in place
8Tenant 87 Mar 202112 mo
Owner 3
7Tenant 77 Mar 20202.0 yrs
Owner 3
6Tenant 67 Mar 202016 mo
Renewal · Ended early
Owner 3
6Tenant 67 Mar 201912 mo
Owner 3
5Tenant 51 Mar 201812 mo
Owner 3
4Tenant 48 Apr 201711 mo
Ended early
Owner 3
3Owner 38 Sep 20164.6 yrs
Sold with tenant in place
Mortgage
3Tenant 38 Apr 201613 mo
Owner 2
2Tenant 231 Jul 201420 mo
Renewal
Owner 2
2Tenant 231 Jul 201312 mo
Owner 2
1Tenant 131 Jul 201212 mo
Owner 2
2Owner 22 Mar 20097.5 yrs
Owner 1 · Undisclosed—Acquisition date and price not on record
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2 Bed · Floor 7 · Al Sultana
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Al Sultana

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
97 - 5,249 sqft
1173.40M2,115↓31.5%242K7.1%
Residential
1 Bed · Apartment
720 - 1,145 sqft
20
2 Bed · Apartment
1,551 - 1,997 sqft
48
3 Bed · Apartment
2,140 - 2,241 sqft
35
4 Bed · Apartment
4,838 - 5,249 sqft
4----
Commercial
Warehouse
97 - 283 sqft
10-----
Sales - Project-Wide220 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
11 Jun 20262 BedAl Sultana · Floor 31,5511,500,000967-41.6%StandardStandard Sale
3 Mar 20262 BedAl Sultana · Floor 51,5634,100,0002,623+115.8%StandardStandard Sale
18 Feb 20263 BedAl Sultana · Floor 52,2135,500,0002,4860.0%StandardStandard Sale
Rentals - Project-Wide845 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
14 Oct 20262 BedAl Sultana · Floor 61,563255,000163-StandardCONTRACT
14 Sep 20263 BedAl Sultana · Floor 42,159250,000116-StandardCONTRACT
13 Sep 20263 BedAl Sultana · Floor 72,140240,000112-StandardCERTIFICATE

Comparables

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

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Common questions about Al Sultana

Answered from Dubai Land Department registered transactions.

How much does a property in Al Sultana cost?

Property in Al Sultana sells at a current PIX© price of AED 2,115 per sqft, or about AED 3,399,090 for a typical unit, based on 220 sales registered with the Dubai Land Department.

What is the rental yield in Al Sultana?

Al Sultana yields 7.1% gross, calculated from current PIX© rent against current PIX© sale price, across 845 registered Ejari contracts.

How many units are in Al Sultana?

Al Sultana holds 117 registered units, per the Dubai Land Department unit register.

Have prices in Al Sultana gone up or down?

Price per sqft has fallen -31.5% over the last 12 months, to AED 2,115, across 220 registered sales.