DAMAC HILLS - GOLF VITA
ResaleDeveloperDAMAC CRESCENT PROPERTIES
CommunityDAMAC HILLS
AreaAl Hebiah Third
Started
8 years 3 months ago22-10-2017
Handover
4 years 10 months ago15-03-2021
Status
CompleteFinished
Project Description
Project consists of 1 Building. G+2P+24F+R located in Damac Hills Community, Al Hebiah Third area, residential apartments
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-7%
DeclineCurrent:AED 1,345/sqft
Last 12M:AED 1,440/sqft
Momentum: Last 12Mvs Prior Year
Rising+8%
GrowthLast 12M:AED 1,440/sqft
Prior Year:AED 1,331/sqft
Community Compare: Last 90DDAMAC HILLS
Discount-9%
Below AvgProject:AED 1,345/sqft
Community:AED 1,486/sqft
Liquidity: Last 12MExit Speed
Moderate13%Turnover
66Sold (Last 12M)
Supply & Demand Matrix
DAMAC HILLS - GOLF VITA averaged 13% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
482 units
63 sold419 left
13%
Velocity
2 Bedrooms
28 units
3 sold25 left
11%
Velocity
Layouts & Units (510)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 3-24 | Inventory 482units 63 layouts · Typically 1 parking 5-39 sqm balcony | Size Range 215-793sqft | Price Range AED 40K - AED 815K | Avg PSF 1,283 | Sales 166 | Trend — | |
Asset Class 2 Bed FlatFloors 25-26 | Inventory 28units 13 layouts · Typically 1.4 parking 9-12 sqm balcony | Size Range 692-748sqft | Price Range AED 585K - AED 1.1M | Avg PSF 1,134 | Sales 16 | Trend — |
Grouped into 2 asset classes covering 510 units