1. Definition of the area and data structure
Actual location: according to DLD, Enqlave By Aqasa is located in Jabal Ali First, within the Discovery Gardens master project. The sales sample contains 152 transactions for the building. For the analysis, a one-bedroom apartment (1BR) was selected using the DLD filter “1 b/r”.
2. Sales: frequency and dynamics
According to DLD, most sales in Enqlave By Aqasa occurred in 2024 (133 transactions), with the remaining 19 in 2025. There is no data for periods prior to 2024, which indicates a recently launched project.
Average price per square metre for 1BR units in Enqlave By Aqasa according to DLD:
– Q3 2024: 13,239 AED/m² (32 transactions)
– Q4 2024: 13,465 AED/m² (28 transactions)
– Q1 2025: 12,323 AED/m² (6 transactions; 2025 may be incomplete)
For comparison, in Jabal Ali First (1BR) over the same periods:
– Q3 2024: 12,305 AED/m² (625 transactions)
– Q4 2024: 13,036 AED/m² (590 transactions)
– Q1 2025: 12,616 AED/m² (485 transactions)
Average price per m² over the last 12 months for the building: 12,323 AED
For Jabal Ali First (1BR only): 18,879 AED
However, current transactions in Enqlave By Aqasa and the latest deals in the area are very close (difference below 10%).
3. Rentals: availability and dynamics
For Enqlave By Aqasa itself and the Discovery Gardens master project, there are no recorded residential apartment (flat, 1BR) lease contracts in the DLD database. In Jabal Ali First, across all apartment types, the rental market is very large (over 145,000 contracts).
Average annual rental rate per m² (all apartments, Jabal Ali First, last 12 months): 868 AED/m².
Rental dynamics:
– In 2023, the average rent was 675–710 AED/m²
– In 2024, there was steady growth: 780–815 AED/m² by quarter
– Q1 2025: 892 AED/m²
Rental growth in the area continues, but is recorded only at the district level.
4. ROI and fair pricing
The average purchase price for a 1BR in Enqlave By Aqasa over the last 12 months is 12,323 AED/m², while the average rent in the area is 868 AED/m²/year.
ROI-brutto calculation based on the area:
868 / 12,323 ≈ 7.0% per annum
There is no rental data for the building itself, so the building’s ROI cannot be calculated directly.
Typical fair price range for a target yield of 7–8%:
– Lower bound (8% yield): 868 / 0.08 = 10,850 AED/m²
– Upper bound (7%): 868 / 0.07 = 12,400 AED/m²
The average transaction price in the building corresponds to the upper boundary of this range, indicating a balanced current level for an investor focused on passive income.
Net yield after all associated costs (entry fees, registration, vacancy — 7–8% of the price): approximately 6.5–6.7% per annum.
5. Liquidity and outlook
A significant number of transactions have been recorded for the building, indicating strong demand at the launch stage. Jabal Ali First shows high liquidity both in sales and rentals. Price and rental dynamics for 2023–2025 in the area are positive.
Conclusion for the investor:
Enqlave By Aqasa is a new building, and transaction prices are in line with the market balance for Jabal Ali First. Against the backdrop of rising rents, the area delivers a gross yield of around 7% per annum, which fits the target of most long-term investors. If the target yield is above 8%, a purchase at this price should be supported either by an expectation of further rental growth or by buying at a discount to the market. Over the long term, the area demonstrates stable demand and a positive price/rent trend in recent years.
Related Articles
- How to sell a property in Dubai in 555 Park Views – analysis 2025
- Average Cost of Living in Dubai: A Detailed Guide to Everyday Expenses
- New Developments in Dubai: Branded Residences in Collaboration with Global Luxury Names
- How to sell an apartment in Dubai in Aykon City Tower C – analysis 2025
- ROI analysis of apartment in Farhad Azizi Residence: DLD data and real deals
