THE WINGS
MatureDeveloperALMIZAN PROPERTY DEVELOPER L.L.C
CommunityArjan
Started
8 years 5 months ago01-08-2017
Handover
6 years 3 months ago30-09-2019
Status
CompleteFinished
Project Description
Project located in Al Barsha South third area proposed to be residential and retail building consist of common Ground floor then 3 blocks 4 floors+R each made of concrete structure with internal and external finishes.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Rising+22%
GrowthCurrent:AED 1,438/sqft
Last 12M:AED 1,179/sqft
Momentum: Last 12Mvs Prior Year
Rising+12%
GrowthLast 12M:AED 1,179/sqft
Prior Year:AED 1,051/sqft
Community Compare: Last 90DArjan
Discount-28%
Below AvgProject:AED 1,349/sqft
Community:AED 1,881/sqft
Liquidity: Last 12MExit Speed
Low6%Turnover
20Sold (Last 12M)
Supply & Demand Matrix
THE WINGS averaged 6% 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
134 units
0 sold134 left
0%
Velocity
1 Bedroom
116 units
10 sold106 left
9%
Velocity
2 Bedrooms
40 units
5 sold35 left
13%
Velocity
3 Bedrooms
24 units
4 sold20 left
17%
Velocity
Shop
26 units
1 sold25 left
4%
Velocity
Layouts & Units (340)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-4 | Inventory 134units 62 layouts · Typically 0.7 parking 7-52 sqm balcony | Size Range 438-1,032sqft | Price Range AED 410K - AED 679K | Avg PSF 900 | Sales 134 | Trend — | |
Asset Class 1 Bed FlatFloors 1-4 | Inventory 116units 68 layouts · Typically 1 parking 11-116 sqm balcony | Size Range 708-2,169sqft | Price Range AED 550K - AED 1.6M | Avg PSF 825 | Sales 189 | Trend — | |
Asset Class 2 Bed FlatFloors 1-4 | Inventory 40units 24 layouts · Typically 1 parking 19-104 sqm balcony | Size Range 1,159-2,324sqft | Price Range AED 900K - AED 1.7M | Avg PSF 812 | Sales 59 | Trend — | |
Asset Class 3 Bed FlatFloors 1-4 | Inventory 24units 16 layouts · Typically 1.2 parking 25-106 sqm balcony | Size Range 1,506-2,661sqft | Price Range AED 900K - AED 2.1M | Avg PSF 791 | Sales 35 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 92,140-184,280sqft | Price Range AED 12.9M - AED 20.7M | Avg PSF 139 | Sales 2 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,032-1,451sqft | Price Range — | Avg PSF 29,429 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 26units 25 layouts · Typically 1.4 parking | Size Range 775-2,599sqft | Price Range AED 830K - AED 5.2M | Avg PSF 1,152 | Sales 20 | Trend — |
Grouped into 7 asset classes covering 340 units