DIAMOND REAL ESTATE DEVELOPER · Selling since 2014 · recent sales mostly off-plan
completed per DLD · 100% complete · buildings · 64 units · 1 building · DLD target completion October 2018
Registered developer: DIAMOND REAL ESTATE DEVELOPER (DLD no. 1214)
Master developer: ALFURJAN ( L.L.C ) (DLD no. 121)
Escrow account with Mashreq Bank · Zoned by Trakhees
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file. An escrow account being recorded is not an assurance about the project.
Median annual rent of AED 80,000 across 6,573 tenancies registered in the community over the last 12 months.
This is the community’s figure, not this project’s. The Land Department names a community on far more tenancies than it names a project, so this is shown where the project’s own registered tenancies are too few to publish. Buildings within one community differ widely, so treat it as the surrounding level rather than what this address achieves.
AED 954/sqft
—
1 months
Registered resales here span 1 months. The CAGR beside this is drawn from them; a figure for what they will do next is a scenario you set on the returns page.
Registered DLD sales · medians, not estimates · how we compute this
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Micasa Avenue — not an asking price, and not this project’s overall median, which mixes every unit size together.
50% of the 2 sales registered in Micasa Avenue in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
The Land Department's register holds 3 sales in Micasa Avenue, the earliest registered in 2014. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Price vs. Al Furjan median
-39.8%
Priced at or below the area's real median.
Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →When Micasa Avenue completed in October 2018, 5 other other projects in Al Furjan were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 85 more other projects in Al Furjan are still in the pipeline overall.
Transport, schools, healthcare, and daily essentials within 3 km.
880 m
Jumeirah Golf Estates
890 m
Arcadia Global School
2.2 km
nmc jabel ali
346 m
New W Mart supermarket
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Hills View At Wasl Gate
SUNCREST HILLS PROPERTY L.L.C
Hillside Residences 3
Jag Development L.L.C
Bellavion By Sunrise
SUNRISE CAPITAL REAL ESTATE DEVELOPMENT L.L.C
South Garden E
Jag Development L.L.C
Serene Gardens By Prescott
PRESCOTT REAL ESTATE DEVELOPMENT L.L.C
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.