CLASSIC APARTMENTS

Name: CLASSIC APARTMENTS project market intelligence
Creator: Dubai Best Research

FINISHED

By Sheffield Real Estat.L .L .C · Al Warsan First

Median price/sqft

AED 600

3-yr CAGR

+16.0%

Transactions

382

Gross yield

7.6%

Launch → now (est.)

+64%

est. — modelled from compounded CAGR, pending launch-price data.

FINISHED

Project imagery — coming soon

Freehold residential tower development located in Al Warsan 1st .The building is a 1B+G+10 stories. The tower is being built as a concrete structure with internal and external finishes.

Appreciation — multiple measures

One number can mislead — we show the full picture.

1-yr CAGR

+14.4%

3-yr CAGR

+16.0%

5-yr CAGR

+10.4%

Median price: AED 594,560
Price/sqft (last 12 months): AED 592
Secondary-market share: 83%
Resale-only (est.): +19.0%
Like-for-like 1BR (est.): +17.0%

Current gross yield by bedroom

Studio: 8.9%
1BR: 7.5%
2BR: 7.6%
3BR: 6.9%
4BR+: n/a

Studio	1BR	2BR	3BR	4BR+
8.9%	7.5%	7.6%	6.9%	n/a

Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages.

Price & volume trend

Quarterly median price per sqft (line) against transaction volume (bars).

Recent transactions

12 Jun 2026

Unit: Studio · 480 sqft
Price: AED 276,480
AED per sqft: AED 576

28 May 2026

Unit: 1BR · 760 sqft
Price: AED 456,000
AED per sqft: AED 600

17 Apr 2026

Unit: 1BR · 820 sqft
Price: AED 511,680
AED per sqft: AED 624

05 Mar 2026

Unit: 2BR · 1,180 sqft
Price: AED 693,840
AED per sqft: AED 588

Date	Unit	Price	AED per sqft
12 Jun 2026	Studio · 480 sqft	AED 276,480	AED 576
28 May 2026	1BR · 760 sqft	AED 456,000	AED 600
17 Apr 2026	1BR · 820 sqft	AED 511,680	AED 624
05 Mar 2026	2BR · 1,180 sqft	AED 693,840	AED 588

Sample — representative transactions, pending the transaction-level DLD feed.

Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded

Project facts

Developer: Sheffield Real Estat.L .L .C
Area: Al Warsan First
Status: FINISHED
Units: 141
Buildings: 1
Completion date: 27 Jan 2010
Completed: 100%

Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.

Available now

1BR · 745 sqft
AED 455,940
Verified 02 Aug 2026
2BR · 1,145 sqft
AED 680,130
Verified 24 Jul 2026

Illustrative — live listings coming soon.

Want a better unit than what's listed?

We source off-market opportunities in this project.

Related intelligence

Sheffield Real Estat.L .L .C profile→Al Warsan First area intelligence→Compare nearby projects→

Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed

Not financial advice · Figures nominal unless stated