48 PARKSIDE
HandoverDeveloperTABEER REAL ESTATE DEVELOPMENT L.L.C
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%
GrowthCurrent:AED 1,463/sqft
Last 12M:AED 1,365/sqft
Momentum: Last 12Mvs Prior Year
Rising+11%
GrowthLast 12M:AED 1,365/sqft
Prior Year:AED 1,228/sqft
Community Compare: Last 90DArjan
Discount-22%
Below AvgProject:AED 1,463/sqft
Community:AED 1,881/sqft
Liquidity: Last 12MExit Speed
High32%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
31 sold92 left
25%
Velocity
2 Bedrooms
28 units
11 sold17 left
39%
Velocity
3 Bedrooms
36 units
17 sold19 left
47%
Velocity
Layouts & Units (187)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
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