PropertyIndex

Emerald

Completed|109 units · 1 building

Emerald is a completed development by SHAMAL ESTATES L.L.C in Palm Jumeirah, comprising 109 registered units. 218 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,148 per sqft. At AED 3,148 per sqft, Emerald prices 27% above the Palm Jumeirah median of AED 2,475 per sqft on registered sales.

PIX© price · 5.1% YoY
5.62MAED
Typical
3,148AED
PSF
Gross yield
4.6%
PIX© rent ÷ PIX© price
Sale records
218
DLD · all time
Rent contracts
654
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 5

2 Bed on Floor 5, Emerald

Size
Record
Jul 2011 to Jul 2023
Owners
6
Tenants
7
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
6Owner 65 Jul 20233.2 yrs
Current owner
Sold with tenant in place
Mortgage
6Tenant 620 Mar 20238 mo
Owner 5 · Registered twice
5Owner 530 Nov 20227 mo
Sold with tenant in place
5Tenant 520 Mar 202211 mo
Ended early
Owner 4
4Tenant 420 Mar 202112 mo
Renewal
Owner 4
4Owner 412 Nov 20202.0 yrs
Sold with tenant in place
4Tenant 420 Mar 202012 mo
Renewal
Owner 3
4Tenant 420 Mar 201912 mo
Owner 3
3Tenant 319 Nov 201716 mo
Renewal
Owner 3
3Tenant 319 Nov 201612 mo
Owner 3
2Tenant 215 Oct 201633 d
Ended early
Owner 3
1Tenant 11 Aug 20133.2 yrs
Owner 3
3Owner 324 Jul 20119.3 yrs
2Owner 224 Jul 2011
Owner 1 · UndisclosedAcquisition date and price not on record
PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 5 · Emerald
Occupancy (237 nights)
%
Fees (optional)
%
Management, cleaning, platform fees: a percent of revenue, or a yearly amount.
Enter a nightly rate to test your scenario against this unit’s record.
Emerald

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
77 - 5,249 sqft
1095.62M3,1485.1%258K4.6%
Residential
1 Bed · Apartment
1,296 - 1,869 sqft
34
2 Bed · Apartment
1,677 - 2,414 sqft
30
3 Bed · Apartment
2,266 - 2,392 sqft
26
4 Bed · Apartment
5,217 - 5,249 sqft
2--
Commercial
Warehouse
77 - 199 sqft
17-----
Sales - Project-Wide218 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
19 May 20261 BedEmerald · Floor 121,2964,100,0003,164+32.3%StandardStandard Sale
30 Apr 20262 BedEmerald · Floor 51,6775,900,0003,518+81.5%StandardStandard Sale
20 Feb 20262 BedEmerald · Floor 41,6775,400,0003,220-StandardStandard Sale
Rentals - Project-Wide654 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
3 Sep 20263 BedEmerald · Floor 32,266320,565141-StandardCONTRACT
9 Aug 20262 BedEmerald · Floor 111,677270,000161-StandardCERTIFICATE
23 Jul 20262 BedEmerald · Floor 91,677176,000105-Entry LevelCERTIFICATE

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 Emerald

Answered from Dubai Land Department registered transactions.

How much does a property in Emerald cost?

Property in Emerald sells at a current PIX© price of AED 3,148 per sqft, or about AED 5,620,785 for a typical unit, based on 218 sales registered with the Dubai Land Department.

Is Emerald completed?

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

Who is the developer of Emerald?

Emerald is developed by SHAMAL ESTATES L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Emerald?

Emerald yields 4.6% gross, calculated from current PIX© rent against current PIX© sale price, across 654 registered Ejari contracts.

How many units are in Emerald?

Emerald holds 109 registered units, per the Dubai Land Department unit register.

Have prices in Emerald gone up or down?

Price per sqft has risen +5.1% over the last 12 months, to AED 3,148, across 218 registered sales.