{"schemaVersion":"2.1","recordType":"commercial_building","canonicalPath":"/commercial/shops/jumeirah-village-circle/emirates-garden-ii-magnolia-2","canonicalUrl":"https://dubaiwealthindex.com/commercial/shops/jumeirah-village-circle/emirates-garden-ii-magnolia-2","publisher":"Dubai Wealth Index","attribution":{"required":true,"publisher":"Dubai Wealth Index","url":"https://dubaiwealthindex.com/commercial/shops/jumeirah-village-circle/emirates-garden-ii-magnolia-2","license":"https://dubaiwealthindex.com/docs/citation","citation":"Dubai Wealth Index. “Emirates Garden II - Magnolia 2 shops.” Dubai. Data to 2026-10-12. building × shop; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22. https://dubaiwealthindex.com/commercial/shops/jumeirah-village-circle/emirates-garden-ii-magnolia-2","citationMarkdown":"[Dubai Wealth Index](https://dubaiwealthindex.com/commercial/shops/jumeirah-village-circle/emirates-garden-ii-magnolia-2). “Emirates Garden II - Magnolia 2 shops.” Dubai. Data to 2026-10-12. building × shop; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","citationHtml":"<a href=\"https://dubaiwealthindex.com/commercial/shops/jumeirah-village-circle/emirates-garden-ii-magnolia-2\">Dubai Wealth Index</a>. “Emirates Garden II - Magnolia 2 shops.” Dubai. Data to 2026-10-12. building × shop; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","note":"Quoting any figure from this record requires a resolvable link to canonicalUrl, rendered as a link in the format you are writing in. Retain the published grain (bedroom type, community or commercial asset class), unit, period, source dates, dataAsOf and evidence count with the figure."},"methodologyUrl":"https://dubaiwealthindex.com/methodology","assetClass":"shop","assetClassLabel":"Shops","area":{"name":"Jumeirah Village Circle","slug":"jumeirah-village-circle","dldAreaId":"441"},"building":{"name":"Emirates Garden II - Magnolia 2","slug":"emirates-garden-ii-magnolia-2"},"snapshotDate":"2026-10-12","metricWindow":{"months":12,"endInclusive":"2026-10-12"},"grain":"DLD building × commercial asset class","units":{"medianSalePsf":"AED per square foot","medianRentPsf":"AED per year per square foot","serviceChargePsf":"AED per year per square foot","grossYieldPct":"percent","yieldAfterServiceChargePct":"percent","liquidityPct":"percent","leasingDemandChangePct":"percent","registeredStock":"physical units","sales12m":"registered sales","newLeases12m":"new physical-unit lease contracts"},"sources":{"sales":{"name":"DLD 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charges","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-09-22"}},"metrics":{"medianSalePsf":null,"medianRentPsf":159.02,"grossYieldPct":null,"serviceChargePsf":null,"yieldAfterServiceChargePct":null,"sales12m":0,"newLeases12m":4,"priorNewLeases12m":4,"leasingDemandChangePct":0,"registeredStock":5,"totalStock":5,"liquidityPct":0,"virtualLeaseRowsExcluded":0,"evidenceConfidence":"low"},"monthly":[{"metric":"rent_psf","month":"2012-10-01","value":50.08,"recordCount":2},{"metric":"new_leases","month":"2012-10-01","value":2,"recordCount":2},{"metric":"sale_psf","month":"2012-11-01","value":515.01,"recordCount":3},{"metric":"sale_psf","month":"2013-04-01","value":515.14,"recordCount":1},{"metric":"sale_psf","month":"2013-06-01","value":600.16,"recordCount":1},{"metric":"new_leases","month":"2014-01-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2014-01-01","value":95.34,"recordCount":1},{"metric":"rent_psf","month":"2014-07-01","value":321.48,"recordCount":1},{"metric":"new_leases","month":"2014-07-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2014-09-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2014-09-01","value":376.13,"recordCount":1},{"metric":"new_leases","month":"2015-01-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2015-01-01","value":225.36,"recordCount":1},{"metric":"rent_psf","month":"2015-05-01","value":187.44,"recordCount":1},{"metric":"new_leases","month":"2015-05-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2015-09-01","value":169.46,"recordCount":1},{"metric":"new_leases","month":"2015-09-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2016-09-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2016-09-01","value":200.84,"recordCount":1},{"metric":"rent_psf","month":"2017-11-01","value":225.68,"recordCount":1},{"metric":"new_leases","month":"2017-11-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2018-01-01","value":154.06,"recordCount":1},{"metric":"new_leases","month":"2018-01-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2019-01-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2019-01-01","value":158.87,"recordCount":2},{"metric":"new_leases","month":"2020-08-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2020-08-01","value":125.54,"recordCount":2},{"metric":"new_leases","month":"2020-11-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2020-11-01","value":143.87,"recordCount":1},{"metric":"new_leases","month":"2021-01-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2021-01-01","value":125,"recordCount":2},{"metric":"sale_psf","month":"2021-06-01","value":1282.25,"recordCount":1},{"metric":"rent_psf","month":"2022-01-01","value":141.95,"recordCount":1},{"metric":"new_leases","month":"2022-01-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2022-01-01","value":1336.01,"recordCount":1},{"metric":"new_leases","month":"2022-02-01","value":2,"recordCount":2},{"metric":"sale_psf","month":"2022-02-01","value":1274.47,"recordCount":1},{"metric":"rent_psf","month":"2022-02-01","value":170.97,"recordCount":2},{"metric":"sale_psf","month":"2023-07-01","value":853.44,"recordCount":2},{"metric":"rent_psf","month":"2024-01-01","value":131.25,"recordCount":2},{"metric":"new_leases","month":"2024-01-01","value":2,"recordCount":2},{"metric":"new_leases","month":"2024-12-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2024-12-01","value":269.64,"recordCount":1},{"metric":"rent_psf","month":"2025-03-01","value":222.1,"recordCount":2},{"metric":"new_leases","month":"2025-03-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2025-07-01","value":158.65,"recordCount":1},{"metric":"new_leases","month":"2025-07-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2026-03-01","value":4,"recordCount":4},{"metric":"rent_psf","month":"2026-03-01","value":159.02,"recordCount":4}],"methodology":"Building medians over the same trailing 12 months ending on snapshotDate. Sales are matched by the DLD building name; Ejari leases, registered units and service charges are matched through the DLD project and only where that project is this one building, so a tower in a multi-building project carries no rent. Gross yield is median registered annual new rent per square foot divided by median achieved sale price per square foot. Virtual units are excluded."}