DAMAC HILLS (2) - VARDON

Mature

DeveloperFRONT LINE INVESTMENT MANAGEMENT L.L.C

CommunityDAMAC HILLS 2

AreaMadinat Hind 4

Started

9 years 2 months ago01-11-2016

Handover

3 years 11 months ago17-02-2022

Status

CompleteFinished

Project Description

Project consists of 692 freehold G+1 and G+2 villas & townhouses located in Yufrah 2 Area. The 128 villas and 672 townhouses are designed to have a concrete structure and block with internal and external finishes

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline

Stable

+1%

Growth

Current:AED 1,003/sqft

Last 12M:AED 995/sqft

Momentum: Last 12Mvs Prior Year

Rising

+14%

Growth

Last 12M:AED 995/sqft

Prior Year:AED 875/sqft

Community Compare: Last 90DDAMAC HILLS 2

Premium

+16%

Above Avg

Project:AED 1,007/sqft

Community:AED 870/sqft

Liquidity: Last 12MExit Speed

Moderate

12%Turnover

85Sold (Last 12M)

Layouts & Units (691)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class Land	Inventory 0units	Size Range 300-6,550sqft	Price Range AED 770K - AED 3.5M	Avg PSF 799	Sales 214	Trend —

Asset Class Villa	Inventory 0units	Size Range 604-6,550sqft	Price Range AED 350K - AED 2.8M	Avg PSF 745	Sales 116	Trend —

Grouped into 2 asset classes covering 691 units