LINCOLN PARK ( NORTH SIDE)
ResaleDeveloperDAMAC DEVELOPMENT(L L C)
CommunityArjan
Started
15 years ago05-01-2011
Handover
11 years 9 months ago31-03-2014
Status
CompleteFinished
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+12%Growth
Current:AED 926/sqft
Last 12M:AED 830/sqft
Momentum: Last 12Mvs Prior Year
Rising+7%Growth
Last 12M:AED 830/sqft
Prior Year:AED 776/sqft
Community Compare: Last 90DArjan
Discount-52%Below Avg
Project:AED 912/sqft
Community:AED 1,881/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
17Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 762/sqft
Range:AED 18 – AED 2K
Avg Unit:AED 48K/yr
Leasing Volume: L12MContracts Signed
Very Active144Total
New:60
Renew:84
Tenant RetentionRenewal Rate
Good58%renewals
42% new tenants58% renewals
Gross YieldAnnual Return
High Yield82.3%Yield
Rent:AED 762/sqft
Price:AED 926/sqft
Supply & Demand Matrix
LINCOLN PARK ( NORTH SIDE) averaged 10% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
140 units
13 sold127 left
9%
Velocity
1 Bedroom
10 units
1 sold9 left
10%
Velocity
2 Bedrooms
20 units
3 sold17 left
15%
Velocity
Shop
2 units
0 sold2 left
0%
Velocity
Layouts & Units (172)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-6 | Inventory 140units 53 layouts · Typically 1 parking 5-6 sqm balcony | Size Range 307-652sqft | Price Range AED 182K - AED 700K | Avg PSF 931 | Sales 58 | Trend — | |
Asset Class 1 Bed FlatFloors 2-6 | Inventory 10units 4 layouts · Typically 1 parking ~11 sqm balcony | Size Range 711-922sqft | Price Range AED 630K - AED 770K | Avg PSF 1,018 | Sales 2 | Trend — | |
Asset Class 2 Bed FlatFloors 2-6 | Inventory 20units 11 layouts · Typically 1 parking 5-27 sqm balcony | Size Range 964-1,576sqft | Price Range AED 520K - AED 1.1M | Avg PSF 825 | Sales 14 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 69,334-69,334sqft | Price Range — | Avg PSF 275 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 2units 2 layouts · Typically 1 parking | Size Range 676-1,749sqft | Price Range — | Avg PSF 730 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 172 units