DAMAC HILLS - JASMINE
ResaleDeveloperDAMAC CRESCENT PROPERTIES
CommunityDAMAC HILLS
AreaAl Hebiah Third
Started
11 years 7 months ago01-06-2014
Handover
7 years 1 month ago11-12-2018
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF B+G+P+7+R / TWO TOWERS / RESIDENTIAL APARTMENTS LOCATED IN AL HEBIAH THIRD. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+7%
GrowthCurrent:AED 1,324/sqft
Last 12M:AED 1,240/sqft
Momentum: Last 12Mvs Prior Year
Rising+9%
GrowthLast 12M:AED 1,240/sqft
Prior Year:AED 1,135/sqft
Community Compare: Last 90DDAMAC HILLS
Discount-11%
Below AvgProject:AED 1,324/sqft
Community:AED 1,486/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
19Sold (Last 12M)
Supply & Demand Matrix
DAMAC HILLS - JASMINE averaged 11% 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
Studio
50 units
7 sold43 left
14%
Velocity
1 Bedroom
72 units
8 sold64 left
11%
Velocity
2 Bedrooms
38 units
4 sold34 left
11%
Velocity
3 Bedrooms
8 units
0 sold8 left
0%
Velocity
Layouts & Units (168)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-7 | Inventory 50units 27 layouts · Typically 1 parking 5-20 sqm balcony | Size Range 219-598sqft | Price Range AED 175K - AED 640K | Avg PSF 1,318 | Sales 22 | Trend — | |
Asset Class 1 Bed FlatFloors 2-8 | Inventory 72units 31 layouts · Typically 0.9 parking 5-54 sqm balcony | Size Range 769-1,403sqft | Price Range AED 595K - AED 1.4M | Avg PSF 1,093 | Sales 29 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 2-8 | Inventory 38units 27 layouts · Typically 1.4 parking 14-98 sqm balcony | Size Range 488-2,597sqft | Price Range AED 1.0M - AED 3.1M | Avg PSF 936 | Sales 17 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 2-8 | Inventory 8units 6 layouts · Typically 2 parking 101-182 sqm balcony | Size Range 1,639-3,922sqft | Price Range AED 2.2M - AED 2.5M | Avg PSF 740 | Sales 3 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 76,294-76,294sqft | Price Range AED 3.0M - AED 3.0M | Avg PSF 39 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,315-1,315sqft | Price Range — | Avg PSF 1,781 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 168 units