FAHAD 2
ResaleCommunityBarsha Heights
AreaAl Thanyah First
Started
13 years 4 months ago05-09-2012
Handover
10 years ago15-01-2016
Status
CompleteFinished
Project Description
Freehold residential building development located at the AlThanyah First. The building is designed to have 2B+G+24 stories high. The building is formed and constructed as a concrete structure with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+8%
GrowthCurrent:AED 928/sqft
Last 12M:AED 862/sqft
Momentum: Last 12Mvs Prior Year
Rising+3%
GrowthLast 12M:AED 862/sqft
Prior Year:AED 836/sqft
Community Compare: Last 90DBarsha Heights
Discount-47%
Below AvgProject:AED 914/sqft
Community:AED 1,709/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
22Sold (Last 12M)
Supply & Demand Matrix
FAHAD 2 averaged 9% 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
1 Bedroom
46 units
0 sold46 left
0%
Velocity
2 Bedrooms
146 units
17 sold129 left
12%
Velocity
3 Bedrooms
42 units
5 sold37 left
12%
Velocity
Layouts & Units (234)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 2-24 | Inventory 46units 2 layouts · Typically 1 parking 18-24 sqm balcony | Size Range 526-1,099sqft | Price Range AED 455K - AED 1.0M | Avg PSF 894 | Sales 20 | Trend — | |
Asset Class 2 Bed FlatFloors 2-24 | Inventory 146units 10 layouts · Typically 1.3 parking 11-27 sqm balcony | Size Range 592-2,890sqft | Price Range AED 600K - AED 3.4M | Avg PSF 904 | Sales 89 | Trend — | |
Asset Class 3 Bed FlatFloors 2-24 | Inventory 42units 2 layouts · Typically 2 parking 30-41 sqm balcony | Size Range 1,095-2,953sqft | Price Range AED 800K - AED 2.8M | Avg PSF 780 | Sales 31 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,174-1,185sqft | Price Range — | Avg PSF 3,694 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 234 units