MAG 330

Handover

DeveloperMAG PROPERTY DEVELOPMENT L.L.C

CommunityCity Of Arabia

AreaWadi Al Safa 4

Started

2 years 10 months ago01-03-2023

Handover

In 6 days01-02-2026

Status

75% BuiltIn Progress

Project Description

G+5P + HC/ Tech F+ 23F+R Residential.The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline

Falling

-8%

Decline

Current:AED 1,206/sqft

Last 12M:AED 1,310/sqft

Momentum: Last 12Mvs Prior Year

Stable

+2%

Growth

Last 12M:AED 1,310/sqft

Prior Year:AED 1,289/sqft

Community Compare: Last 90DCity Of Arabia

Discount

-22%

Below Avg

Project:AED 1,206/sqft

Community:AED 1,551/sqft

Liquidity: Last 12MExit Speed

High

23%Turnover

153Sold (Last 12M)

Supply & Demand Matrix

MAG 330 averaged 23% liquidity over the last 12 months, which is considered high. 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

230 units

57 sold173 left

25%

Velocity

1 Bedroom

284 units

43 sold241 left

15%

Velocity

2 Bedrooms

139 units

53 sold86 left

38%

Velocity

Layouts & Units (653)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class Studio FlatFloors 7-29	Inventory 230units 15 layouts · Typically 1 parking 6-7 sqm balcony	Size Range 501-797sqft	Price Range AED 570K - AED 903K	Avg PSF 1,309	Sales 237	Trend —

Asset Class 1 Bed FlatFloors 6-29	Inventory 284units 22 layouts · Typically 1 parking 9-57 sqm balcony	Size Range 538-1,516sqft	Price Range AED 776K - AED 1.6M	Avg PSF 1,286	Sales 284	Trend —

Asset Class 2 Bed FlatFloors 6-29	Inventory 139units 12 layouts · Typically 1 parking 12-70 sqm balcony	Size Range 1,176-1,934sqft	Price Range AED 1.3M - AED 2.1M	Avg PSF 1,285	Sales 115	Trend —

Asset Class Land	Inventory 0units	Size Range 49,748-49,748sqft	Price Range —	Avg PSF 520	Sales 0	Trend —

Grouped into 4 asset classes covering 653 units