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ReadyHanded over

Micasa Avenue

by Diamond Real Estate Developer Jabal Ali

About Micasa Avenue

Micasa Avenue is a residential and retail building by Diamond Real Estate Developer, in Jabal Ali, Dubai. It rises 8 storeys (1 basement level, a ground floor, 7 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 64 homes.

Key information

Developer
Diamond Real Estate Developer
Handover
Q4 2018
Status
Handed over
Location
Jabal Ali, Dubai
Master project
Al Furjan
Construction started
2015
Number of buildings
1
Number of units
64
Registered with DLD
12 Dec 2017
Escrow bank
Mashreq Bank
Escrow account no.
019500000174
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2015
  2. Handed over
    Q4 2018

Construction progress

30 inspection photos from the Dubai Land Department. Latest 17 Jun 2019 at 100% complete.

Micasa Avenue construction — photo 1
Micasa Avenue construction — photo 2
Micasa Avenue construction — photo 3
Micasa Avenue construction — photo 4
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Micasa Avenue construction — photo 6
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Micasa Avenue construction — photo 8
Micasa Avenue construction — photo 9
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Micasa Avenue construction — photo 11
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Micasa Avenue construction — photo 15
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Micasa Avenue construction — photo 17
Micasa Avenue construction — photo 18
Micasa Avenue construction — photo 19
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Micasa Avenue construction — photo 21
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Micasa Avenue construction — photo 24
Micasa Avenue construction — photo 25
Micasa Avenue construction — photo 26
Micasa Avenue construction — photo 27
Micasa Avenue construction — photo 28
Micasa Avenue construction — photo 29
Micasa Avenue construction — photo 30

Amenities

Physical features recorded on the Dubai Land Department buildings register.

Swimming Pool
Covered Parking
2 Elevators
8 Floors
Retail & Shops
63 Residential Units

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
3
Median price
AED 635K
Median price / sqft
AED 954+189%
Off-plan share
33%

Priced 7% below than the Jabal Ali First median of AED 1K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
1 Bed2666 sqftAED 635KAED 954

Price per sqft by year

+189% since 2014

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
10 Dec 2019Resale666 sqftAED 635KAED 954
13 Mar 2019Off-plan666 sqftAED 635KAED 954
09 Dec 2014Resale19,673 sqftAED 6.5MAED 330

Unit mix

64 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Shop1-
1 B/R49653 - 718 sqft
2 B/R141,119 - 1,328 sqft

Payment plan

Payment plans are set by Diamond Real and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Jabal Ali, Dubai.

Jabal Ali

Dubai, United Arab Emirates

Frequently asked questions

Micasa Avenue has already been handed over (Q4 2018), according to Dubai Land Department records.

Other new projects in Jabal Ali

More off-plan launches around Jabal Ali.

Handover Q4 2018100% complete

Micasa Avenue

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