DAMAC HILLS (2) - AQUILEGIA

Mature

DeveloperFRONT LINE INVESTMENT MANAGEMENT L.L.C

CommunityDAMAC HILLS 2

AreaMadinat Hind 4

Started

8 years 2 months ago21-11-2017

Handover

3 years 4 months ago29-08-2022

Status

CompleteFinished

Project Description

Project consists a cluster of total 424 freehold G+1 villas located in Yufrah 2 Area.with external and internal finishes

Performance Alpha

Sales Performance

Market Sales: Last 90Dvs Last 12M Baseline

Falling

-4%Decline

Current:AED 1,038/sqft

Last 12M:AED 1,077/sqft

Momentum: Last 12Mvs Prior Year

Stable

0%Growth

Last 12M:AED 1,077/sqft

Prior Year:AED 1,080/sqft

Community Compare: Last 90DDAMAC HILLS 2

Premium

+21%Above Avg

Project:AED 1,056/sqft

Community:AED 870/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

41Sold (Last 12M)

Rental Performance

Rent Pricing: L12MPer Sqft / Year

AED 717/sqft

Range:AED 376 – AED 1K

Avg Unit:AED 93K/yr

Leasing Volume: L12MContracts Signed

Very Active

245Total

New:137

Renew:108

Tenant RetentionRenewal Rate

Good

44%renewals

56% new tenants44% renewals

Gross YieldAnnual Return

High Yield

69.1%Yield

Rent:AED 717/sqft

Price:AED 1,038/sqft

Layouts & Units (424)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class Land	Inventory 0units	Size Range 604-5,185sqft	Price Range AED 800K - AED 3.7M	Avg PSF 927	Sales 150	Trend —

Grouped into 1 asset classes covering 424 units