SMART HEIGHTS

Resale
Started
18 years 11 months ago01-02-2007
Handover
15 years 1 month ago07-12-2010
Status
CompleteFinished
Project Description

Freehold commercial building located in Emirates Hills Second. The building is designed and constructed as a 4B+G+4P+HC+21, formed in a concrete structure with external and internal finishes. The office units will be handed over as ?core and shell? to be individually fitted by their respective owners.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Rising
+4%
Growth
Current:AED 1,260/sqft
Last 12M:AED 1,214/sqft
Momentum: Last 12Mvs Prior Year
Rising
+26%
Growth
Last 12M:AED 1,214/sqft
Prior Year:AED 962/sqft
Community Compare: Last 90DBarsha Heights
Discount
-26%
Below Avg
Project:AED 1,260/sqft
Community:AED 1,709/sqft
Liquidity: Last 12MExit Speed
Low
7%Turnover
15Sold (Last 12M)

Supply & Demand Matrix

SMART HEIGHTS averaged 7% 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
Shop
10 units
0%
Velocity
Office
195 units
8%
Velocity

Layouts & Units (205)

Asset Class
Building
Inventory
0units
Size Range
51,543-51,543sqft
Price Range
Avg PSF
679
Sales
0
Trend
Asset Class
Land
Inventory
0units
Size Range
723-1,475sqft
Price Range
Avg PSF
9,282
Sales
0
Trend
Asset Class
OfficeFloors 5-25
Inventory
195units
111 layouts · Typically 2 parking
Size Range
316-2,409sqft
Price Range
AED 150K - AED 3.7M
Avg PSF
1,070
Sales
342
Trend
Asset Class
ShopPodium
Inventory
10units
10 layouts · Typically 2.4 parking
Size Range
830-4,575sqft
Price Range
AED 650K - AED 8.0M
Avg PSF
1,732
Sales
6
Trend

Grouped into 4 asset classes covering 205 units