1. Definition of the area and data structure
Actual location: According to DLD, the PRIME GARDENS building belongs to the Al Barshaa South Third area and the Arjan master project. The analysis focuses on 2-bedroom apartments (2 b/r) in this building, with the corresponding area used as a benchmark.
2. Volume, dynamics and structure of sales
There have been 40 recorded sales transactions for 2-bedroom apartments in PRIME GARDENS. The quarterly distribution of deals shows stable activity with the highest concentration in 2022–2024. Sales continue up to the most recent year, indicating high liquidity for this new building.
The average price per square meter in the building fluctuated in the range of 9,000–13,300 AED over the latest period:
– Autumn 2022: around 10,900–10,300 AED/m².
– 2023: some decline to 9,950–10,366 AED/m², followed by growth to 11,935 AED/m² by year-end.
– 2024: an initial drop to 9,579 and 9,011 AED/m², then a sharp increase (13,321 AED/m² in the latest available quarter).
– Average price in the building over the last 12 months: 12,093 AED/m².
Comparison with Al Barshaa South Third: The average price per m² in the area over 12 months is 14,655 AED/m², which is about 21% higher than the annual median for PRIME GARDENS. The area shows confident price growth in 2023–2024 (from 10,650 to 13,652, and then up to ~15,800 AED/m² in 2026), confirming an overall appreciation trend across Arjan.
3. Structure and dynamics of rentals
As of now, DLD has no valid rental contracts for 2-bedroom apartments specifically in PRIME GARDENS or for the Arjan master project as a whole (there are no confirmed contracts when filtered by unit/building). At the Al Barshaa South Third area level, however, there is a very large sample of current rental contracts (over 53,000). This allows us to analyze the average rental rate for the area.
The average annual rent per m² in the area over the last 12 months is 948 AED/m². Rental dynamics are clearly positive: since 2023, rates have risen from 692 to 948 AED/m², and in the last quarters of 2024 we already see values of 823–871 AED/m² and higher. The trend is stable and distinctly upward.
4. Comparison of returns (ROI) and fair price
ROI (return) can only be calculated at the area level, because there are currently no confirmed rental contracts in DLD for PRIME GARDENS itself.
– Actual average gross yield for Al Barshaa South Third: 948 / 14,655 ≈ 6.5% per annum.
– Taking into account transaction costs (7%): ROI_net ≈ 6.1%.
Fair price range per m² to achieve a 7–8% annual ROI in the area: 948 / 0.08 = 11,850 AED/m² (8% ROI); 948 / 0.07 ≈ 13,543 AED/m² (7% ROI). The current average transaction price in PRIME GARDENS (12,093 AED/m²) lies in the middle of this range, meaning that purchasing at these levels provides a potential return close to the target 7–8% (assuming the building reaches the area’s typical market rental rates).
5. Conclusions on liquidity, outlook and dynamics
– The transaction volume in PRIME GARDENS is consistently high, indicating solid buyer demand and strong liquidity for the 2-bedroom format.
– Price dynamics are moderately volatile: there was a short-term pullback (possibly due to the way the new building was launched to the market), but prices are now returning to near market-average levels.
– Al Barshaa South Third shows stable and accelerating growth in both prices and rental rates, which is positive for investors.
– The absence of actual rental data specifically for PRIME GARDENS is typical for new buildings or off-plan projects. However, there is clear potential to reach a 7–8% ROI when entering at current prices (based on the area benchmark).
– When making a final investment decision, it is important to consider that individual returns may vary depending on the specific condition, floor, layout and marketing factors, but the overall market indicators for the area support its investment appeal.
Related Articles
- ROI analysis of apartment in AXIS RESIDENCES 6: DLD data and real deals
- ROI analysis of apartment in DUBAI ARCH TOWER: DLD data and real deals
- ROI analysis of apartment in LIV MARINA: DLD data and real deals
- ROI analysis of apartment in LIV MARINA: DLD data and real deals
- ROI analysis of apartment in J5: DLD data and real deals
