# Stax

Stax is a project by Pashaone Real Estate Development L.L.C, recorded at 4% complete at its last Dubai Land Department inspection. 229 sales registered in the trailing 12 months at a median AED 1.02M (1 451 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | Pashaone Real Estate Development L.L.C | DLD verified |
| Status | Active | DLD verified |
| Construction progress | 4% | DLD verified |
| Registered with DLD | 19 Sep 2025 | DLD verified |
| Construction started | 1 Nov 2025 | DLD verified |
| Declared completion | 31 Mar 2028 | DLD verified |
| Units in the project | 530 | DLD verified |
| Project area | 37 638 sqm | DLD verified |
| Escrow agent | First Abu Dhabi Bank P.J.S.C. | DLD verified |
| Project number | 4013 | DLD verified |

Stax is a project by Pashaone Real Estate Development L.L.C, recorded at 4% complete at its last Dubai Land Department inspection. 229 sales registered in the trailing 12 months at a median AED 1.02M (1 451 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 1.02M | — |
| Interquartile range | AED 933k – AED 1.10M | |
| Median price per sqft | 1 451 AED | — |
| Registered sales, 12 months | 229 | — |
| Off-plan share | 100.0% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| Studios | 48 | AED 742k | 1 841 | 414 sqft | — | — |
| 1-bedroom apartments | 153 | AED 1.03M | 1 415 | 716 sqft | — | — |
| 2-bedroom apartments | 25 | AED 1.68M | 1 466 | 1 110 sqft | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Sep 2026 | 23 | 1 492 | 1 395 – 1 591 |
| Aug 2026 | 30 | 1 469 | 1 408 – 1 532 |
| Jul 2026 | 20 | 1 469 | 1 413 – 1 636 |
| Jun 2026 | 29 | 1 466 | 1 342 – 1 581 |
| May 2026 | 5 | 1 396 | 1 351 – 1 401 |
| Apr 2026 | 14 | 1 385 | 1 366 – 1 491 |
| Mar 2026 | 48 | 1 419 | 1 368 – 1 535 |
| Feb 2026 | 47 | 1 483 | 1 346 – 1 751 |
| Jan 2026 | 10 | 1 414 | 1 269 – 1 640 |

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

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**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 29 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/stax/  
**Suggested citation:** Continental Club Property, "Stax", Dubai Data, data through 29 Oct 2026, https://datadubai.ae/projects/stax/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.