DAMAC HILLS (2) - EVERGREENS

Off-Plan

DeveloperFRONT LINE INVESTMENT MANAGEMENT L.L.C

CommunityDAMAC HILLS 2

AreaMadinat Hind 4

Started

1 year 6 months ago03-07-2024

Status

0% BuiltIn Progress

Project Description

Project consists of a residential tower of G+P1+7+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

Rising

+3%

Growth

Current:AED 1,180/sqft

Last 12M:AED 1,146/sqft

Momentum: Last 12Mvs Prior Year

Stable

+1%

Growth

Last 12M:AED 1,146/sqft

Prior Year:AED 1,135/sqft

Community Compare: Last 90DDAMAC HILLS 2

Premium

+36%

Above Avg

Project:AED 1,180/sqft

Community:AED 870/sqft

Layouts & Units (130)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class 1 Bed FlatFloors 1-7	Inventory 116units 4 layouts · Typically 1 parking ~12 sqm balcony	Size Range 270-546sqft	Price Range AED 288K - AED 680K	Avg PSF 1,120	Sales 119	Trend —

Asset Class 2 Bed FlatFloors 1-7	Inventory 14units 3 layouts · Typically 1 parking 22-25 sqm balcony	Size Range 885-914sqft	Price Range AED 1.1M - AED 1.2M	Avg PSF 1,299	Sales 11	Trend —

Grouped into 2 asset classes covering 130 units