DAMAC HILLS (2) - ELO

Off-Plan

DeveloperFRONT LINE INVESTMENT MANAGEMENT L.L.C

CommunityDAMAC HILLS 2

AreaMadinat Hind 4

Started

1 year 6 months ago03-07-2024

Status

1% BuiltIn Progress

Project Description

Project consists of a residential tower of G+2P+14+R floors located in Madinat Hind 4, Dubai. The units are designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Developer Sales: Last 90Dvs Last 12M Baseline

Stable

-1%

Decline

Current:AED 1,222/sqft

Last 12M:AED 1,238/sqft

Momentum: Last 12Mvs Prior Year

Rising

+4%

Growth

Last 12M:AED 1,238/sqft

Prior Year:AED 1,190/sqft

Community Compare: Last 90DDAMAC HILLS 2

Premium

+40%

Above Avg

Project:AED 1,222/sqft

Community:AED 870/sqft

Layouts & Units (557)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class 1 Bed FlatFloors 1-14	Inventory 390units 21 layouts · Typically 1 parking 11-14 sqm balcony	Size Range 525-642sqft	Price Range AED 506K - AED 791K	Avg PSF 1,193	Sales 396	Trend —

Asset Class 2 Bed FlatFloors 1-14	Inventory 167units 51 layouts · Typically 1 parking 14-40 sqm balcony	Size Range 774-1,079sqft	Price Range AED 818K - AED 1.5M	Avg PSF 1,191	Sales 160	Trend —

Grouped into 2 asset classes covering 557 units