LINCOLN PARK(WEST SIDE & LINCOLN PARK - B)
MatureDeveloperDAMAC DEVELOPMENT(L L C)
CommunityArjan
Started
15 years ago05-01-2011
Handover
11 years 9 months ago31-03-2014
Status
CompleteFinished
Performance Alpha
Rent Pricing: L12MPer Sqft / Year
AED 846/sqft
Range:AED 556 – AED 2K
Avg Unit:AED 76K/yr
Leasing Volume: L12MContracts Signed
Very Active72Total
New:38
Renew:34
Tenant RetentionRenewal Rate
Good47%renewals
53% new tenants47% renewals
Avg Annual RentPer Unit
AED 76K/year
Based on 72 contracts
Supply & Demand Matrix
LINCOLN PARK(WEST SIDE & LINCOLN PARK - B) averaged 0% liquidity over the last 12 months, which is considered low. 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
18 units
0 sold18 left
0%
Velocity
1 Bedroom
41 units
0 sold41 left
0%
Velocity
2 Bedrooms
14 units
0 sold14 left
0%
Velocity
Shop
2 units
0 sold2 left
0%
Velocity
Layouts & Units (75)
| Property Type | Contracts (L12M) | Size Range | Rent Range (PSF) | Avg Rent/Sqft | Avg Annual | |
|---|---|---|---|---|---|---|
Property Type Studioapartment | Contracts 44 | Size Range 46-46sqft | Rent Range 913-1,348 | Avg Rent/Sqft 1,120AED | Avg Annual AED 52K | |
Property Type 1bed room+Hallapartment | Contracts 187 | Size Range 74-114sqft | Rent Range 602-946 | Avg Rent/Sqft 775AED | Avg Annual AED 70K | |
Property Type 2 bed rooms+hallapartment | Contracts 66 | Size Range 105-198sqft | Rent Range 556-850 | Avg Rent/Sqft 681AED | Avg Annual AED 100K | |
Property Type Shopretail | Contracts 7 | Size Range 98-98sqft | Rent Range 1,327-1,592 | Avg Rent/Sqft 1,377AED | Avg Annual AED 135K |
304 rental contracts grouped into 4 property types