DAMAC HILLS (2) - AVENCIA
ResaleCommunityDAMAC HILLS 2
AreaMadinat Hind 4
Started
8 years 10 months ago12-03-2017
Handover
3 years 7 months ago31-05-2022
Status
CompleteFinished
Project Description
Project consists of 62 apartments in G+1 on 8 buildings across 8 plots located in Yufrah 2 Area. The units are designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+18%
GrowthCurrent:AED 1,155/sqft
Last 12M:AED 976/sqft
Momentum: Last 12Mvs Prior Year
Rising+17%
GrowthLast 12M:AED 976/sqft
Prior Year:AED 835/sqft
Community Compare: Last 90DDAMAC HILLS 2
Premium+33%
Above AvgProject:AED 1,155/sqft
Community:AED 870/sqft
Liquidity: Last 12MExit Speed
Low3%Turnover
7Sold (Last 12M)
Supply & Demand Matrix
DAMAC HILLS (2) - AVENCIA averaged 3% 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
230 units
7 sold223 left
3%
Velocity
Layouts & Units (230)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floor 1 | Inventory 230units 32 layouts · Typically 1 parking 13-115 sqm balcony | Size Range 247-1,735sqft | Price Range AED 520K - AED 1.1M | Avg PSF 908 | Sales 27 | Trend — |
Grouped into 1 asset classes covering 230 units