Myrtle
ResaleDeveloperCITYWALK RESIDENTIAL 1 L.L.C
CommunityCity Walk
AreaAl Wasl
Started
3 years 7 months ago01-06-2022
Handover
9 months ago01-04-2025
Status
CompleteFinished
Project Description
Residential Building (B + G + 7 floors + Roof) with Retail units at Ground floor (1No.) and Residential Units at typical floors (129 units)
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable0%
GrowthCurrent:AED 3,098/sqft
Last 12M:AED 3,098/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DCity Walk
Premium+11%
Above AvgProject:AED 2,953/sqft
Community:AED 2,651/sqft
Liquidity: Last 12MExit Speed
Low4%Turnover
5Sold (Last 12M)
Supply & Demand Matrix
Myrtle averaged 4% 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
90 units
4 sold86 left
4%
Velocity
2 Bedrooms
39 units
1 sold38 left
3%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (130)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-7 | Inventory 90units 29 layouts · Typically 1 parking 5-28 sqm balcony | Size Range 667-1,065sqft | Price Range AED 1.9M - AED 2.2M | Avg PSF 2,167 | Sales 4 | Trend — | |
Asset Class 2 Bed FlatFloors 1-7 | Inventory 39units 12 layouts · Typically 1 parking 8-60 sqm balcony | Size Range 1,096-1,851sqft | Price Range AED 3.8M - AED 3.8M | Avg PSF 2,277 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 2 parking | Size Range 2,146-2,146sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 3 asset classes covering 130 units