NAS3
HandoverDeveloperRABDAN REAL ESTATE DEVELOPMENT L.L.C
CommunityArjan
Started
2 years 3 months ago01-10-2023
Handover
In 6 days01-02-2026
Status
94% BuiltIn Progress
Project Description
G+2P+12 ,B is water tank,284 units Residential+Retail.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+4%
GrowthCurrent:AED 1,440/sqft
Last 12M:AED 1,387/sqft
Momentum: Last 12Mvs Prior Year
Stable+1%
GrowthLast 12M:AED 1,387/sqft
Prior Year:AED 1,377/sqft
Community Compare: Last 90DArjan
Discount-23%
Below AvgProject:AED 1,440/sqft
Community:AED 1,881/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
27Sold (Last 12M)
Supply & Demand Matrix
NAS3 averaged 9% liquidity over the last 12 months, which is considered low. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
Studio
138 units
5 sold133 left
4%
Velocity
1 Bedroom
112 units
11 sold101 left
10%
Velocity
2 Bedrooms
30 units
6 sold24 left
20%
Velocity
3 Bedrooms
4 units
1 sold3 left
25%
Velocity
Shop
4 units
4 sold0 left
100%
Velocity
Layouts & Units (288)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-12 | Inventory 138units 18 layouts · Typically 1 parking 10-19 sqm balcony | Size Range 432-533sqft | Price Range AED 567K - AED 830K | Avg PSF 1,442 | Sales 141 | Trend — | |
Asset Class 1 Bed FlatFloors 1-12 | Inventory 112units 24 layouts · Typically 1 parking 20-32 sqm balcony | Size Range 870-1,014sqft | Price Range AED 992K - AED 1.4M | Avg PSF 1,301 | Sales 111 | Trend — | |
Asset Class 2 Bed FlatFloors 1-11 | Inventory 30units 17 layouts · Typically 1 parking 30-57 sqm balcony | Size Range 1,308-1,959sqft | Price Range AED 1.5M - AED 2.7M | Avg PSF 1,288 | Sales 27 | Trend — | |
Asset Class 3 Bed FlatFloor 3 | Inventory 4units 4 layouts · Typically 1 parking 28-45 sqm balcony | Size Range 1,603-1,795sqft | Price Range AED 2.1M - AED 2.3M | Avg PSF 1,306 | Sales 5 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 53,671-53,671sqft | Price Range AED 22.2M - AED 22.2M | Avg PSF 414 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 4units 4 layouts · Typically 1 parking | Size Range 2,207-2,632sqft | Price Range AED 4.3M - AED 5.1M | Avg PSF 1,950 | Sales 4 | Trend — |
Grouped into 6 asset classes covering 288 units