DAMAC HILLS (2) - NAVITAS (A & B)
ResaleCommunityDAMAC HILLS 2
AreaMadinat Hind 4
Started
6 years 3 months ago01-10-2019
Handover
2 years 6 months ago30-06-2023
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF RESIDENTIAL TOWER AS ( (1B+G+1P+10+R)
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+6%
GrowthCurrent:AED 1,198/sqft
Last 12M:AED 1,134/sqft
Momentum: Last 12Mvs Prior Year
Rising+6%
GrowthLast 12M:AED 1,134/sqft
Prior Year:AED 1,067/sqft
Community Compare: Last 90DDAMAC HILLS 2
Premium+38%
Above AvgProject:AED 1,204/sqft
Community:AED 870/sqft
Liquidity: Last 12MExit Speed
High21%Turnover
46Sold (Last 12M)
Supply & Demand Matrix
DAMAC HILLS (2) - NAVITAS (A & B) averaged 21% liquidity over the last 12 months, which is considered high. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
9 units
1 sold8 left
11%
Velocity
1 Bedroom
189 units
43 sold146 left
23%
Velocity
2 Bedrooms
20 units
2 sold18 left
10%
Velocity
Layouts & Units (218)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-10 | Inventory 9units Typically 1 parking ~6 sqm balcony | Size Range 293-293sqft | Price Range AED 280K - AED 373K | Avg PSF 1,091 | Sales 7 | Trend — | |
Asset Class 1 Bed FlatFloors 1-10 | Inventory 189units 22 layouts · Typically 1 parking 7-33 sqm balcony | Size Range 338-1,091sqft | Price Range AED 100 - AED 600K | Avg PSF 950 | Sales 56 | Trend — | |
Asset Class 2 Bed FlatFloors 1-10 | Inventory 20units Typically 1.1 parking ~10 sqm balcony | Size Range 393-698sqft | Price Range AED 750K - AED 800K | Avg PSF 1,134 | Sales 3 | Trend — |
Grouped into 3 asset classes covering 218 units