DAMAC HILLS (2) - BASSWOOD

Mature

DeveloperFRONT LINE INVESTMENT MANAGEMENT L.L.C

CommunityDAMAC HILLS 2

AreaMadinat Hind 4

Started

9 years 1 month ago20-12-2016

Handover

3 years 10 months ago21-03-2022

Status

CompleteFinished

Project Description

Project consists of a cluster of freehold G+1 of 419 Villas located in Al-Yufrah 3 Area The Villas are designed to have concrete structure and block with internal and external finishes .

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline

Rising

+13%

Growth

Current:AED 1,071/sqft

Last 12M:AED 952/sqft

Momentum: Last 12Mvs Prior Year

Rising

+11%

Growth

Last 12M:AED 952/sqft

Prior Year:AED 858/sqft

Community Compare: Last 90DDAMAC HILLS 2

Premium

+23%

Above Avg

Project:AED 1,071/sqft

Community:AED 870/sqft

Liquidity: Last 12MExit Speed

Moderate

14%Turnover

58Sold (Last 12M)

Layouts & Units (418)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class Land	Inventory 0units	Size Range 604-2,568sqft	Price Range AED 350K - AED 1.8M	Avg PSF 746	Sales 194	Trend —

Grouped into 1 asset classes covering 418 units