48 PARKSIDE

Handover
CommunityArjan
Started
2 years 4 months ago29-08-2023
Handover
3 months ago30-09-2025
Status
71% BuiltIn Progress
Project Description

G+9+GYM Residential ,The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Rising
+7%
Growth
Current:AED 1,463/sqft
Last 12M:AED 1,365/sqft
Momentum: Last 12Mvs Prior Year
Rising
+11%
Growth
Last 12M:AED 1,365/sqft
Prior Year:AED 1,228/sqft
Community Compare: Last 90DArjan
Discount
-22%
Below Avg
Project:AED 1,463/sqft
Community:AED 1,881/sqft
Liquidity: Last 12MExit Speed
High
32%Turnover
59Sold (Last 12M)

Supply & Demand Matrix

48 PARKSIDE averaged 32% liquidity over the last 12 months, which is considered high. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.

Type
Absorption (L12M)
Velocity
1 Bedroom
123 units
25%
Velocity
2 Bedrooms
28 units
39%
Velocity
3 Bedrooms
36 units
47%
Velocity

Layouts & Units (187)

Asset Class
1 Bed FlatFloors 1-9
Inventory
123units
35 layouts · Typically 1 parking
14-25 sqm balcony
Size Range
733-944sqft
Price Range
AED 760K - AED 1.3M
Avg PSF
1,272
Sales
114
Trend
Asset Class
2 Bed FlatFloors 1-9
Inventory
28units
12 layouts · Typically 1 parking
20-34 sqm balcony
Size Range
1,199-1,309sqft
Price Range
AED 1.4M - AED 1.8M
Avg PSF
1,274
Sales
28
Trend
Asset Class
3 Bed FlatFloors 1-9
Inventory
36units
19 layouts · Typically 1 parking
28-41 sqm balcony
Size Range
1,441-1,619sqft
Price Range
AED 1.7M - AED 2.4M
Avg PSF
1,285
Sales
31
Trend
Asset Class
Land
Inventory
0units
Size Range
33,907-67,814sqft
Price Range
AED 5.9M - AED 38.0M
Avg PSF
296
Sales
4
Trend

Grouped into 4 asset classes covering 187 units