Ahad Residences
ResaleDeveloperAHAD REAL ESTATE DEVELOPMENT L.L.C
CommunityBusiness Bay
AreaBusiness Bay
Started
7 years 11 months ago12-02-2018
Handover
2 years 6 months ago30-06-2023
Status
CompleteFinished
Project Description
5B + G + 30 + 1R/ Residential and Retails
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+20%
GrowthCurrent:AED 2,675/sqft
Last 12M:AED 2,231/sqft
Momentum: Last 12Mvs Prior Year
Rising+6%
GrowthLast 12M:AED 2,231/sqft
Prior Year:AED 2,109/sqft
Community Compare: Last 90DBusiness Bay
At Market+1%
Above AvgProject:AED 2,675/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
27Sold (Last 12M)
Supply & Demand Matrix
Ahad Residences averaged 8% 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
79 units
9 sold70 left
11%
Velocity
1 Bedroom
226 units
11 sold215 left
5%
Velocity
2 Bedrooms
34 units
1 sold33 left
3%
Velocity
3 Bedrooms
7 units
1 sold6 left
14%
Velocity
Shop
4 units
5 sold-1 left
125%
Velocity
Layouts & Units (350)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-23 | Inventory 79units 13 layouts · Typically 1 parking 4-10 sqm balcony | Size Range 417-519sqft | Price Range AED 808K - AED 2.0M | Avg PSF 2,072 | Sales 25 | Trend — | |
Asset Class 1 Bed FlatFloors 1-27 | Inventory 226units 53 layouts · Typically 1 parking 5-98 sqm balcony | Size Range 326-1,851sqft | Price Range AED 50K - AED 2.1M | Avg PSF 1,730 | Sales 51 | Trend — | |
Asset Class 2 Bed FlatFloors 1-30 | Inventory 34units 26 layouts · Typically 1.1 parking 6-107 sqm balcony | Size Range 1,269-2,588sqft | Price Range AED 1.3M - AED 3.1M | Avg PSF 1,533 | Sales 15 | Trend — | |
Asset Class 3 Bed FlatFloors 1-30 | Inventory 7units 6 layouts · Typically 2.1 parking 25-105 sqm balcony | Size Range 1,637-2,769sqft | Price Range AED 4.6M - AED 5.0M | Avg PSF 1,350 | Sales 2 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 52,993-52,993sqft | Price Range AED 100.0M - AED 100.0M | Avg PSF 1,887 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 4units 4 layouts · Typically 2.8 parking | Size Range 700-5,580sqft | Price Range AED 700K - AED 5.6M | Avg PSF 1,786 | Sales 5 | Trend — |
Grouped into 6 asset classes covering 350 units