DAMAC HILLS - LORETO
ResaleDeveloperDAMAC CRESCENT PROPERTIES
CommunityDAMAC HILLS
AreaAl Hebiah Third
Started
11 years 4 months ago31-08-2014
Handover
8 years 1 month ago11-12-2017
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF (G+2P+7+R)X 3 RESIDENTIAL APARTMENTS LOCATED IN ALHEBIAH THIRD. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable+2%
GrowthCurrent:AED 1,290/sqft
Last 12M:AED 1,264/sqft
Momentum: Last 12Mvs Prior Year
Rising+9%
GrowthLast 12M:AED 1,264/sqft
Prior Year:AED 1,162/sqft
Community Compare: Last 90DDAMAC HILLS
Discount-12%
Below AvgProject:AED 1,305/sqft
Community:AED 1,486/sqft
Liquidity: Last 12MExit Speed
Moderate13%Turnover
67Sold (Last 12M)
Supply & Demand Matrix
DAMAC HILLS - LORETO 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
Studio
144 units
21 sold123 left
15%
Velocity
1 Bedroom
224 units
30 sold194 left
13%
Velocity
2 Bedrooms
102 units
11 sold91 left
11%
Velocity
3 Bedrooms
34 units
5 sold29 left
15%
Velocity
Layouts & Units (504)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 3-9 | Inventory 144units 40 layouts · Typically 1 parking 4-23 sqm balcony | Size Range 227-1,162sqft | Price Range AED 245K - AED 811K | Avg PSF 1,249 | Sales 70 | Trend — | |
Asset Class 1 Bed FlatFloors 3-9 | Inventory 224units 50 layouts · Typically 1 parking 4-54 sqm balcony | Size Range 212-1,403sqft | Price Range AED 284K - AED 1.5M | Avg PSF 1,039 | Sales 106 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 3-9 | Inventory 102units 30 layouts · Typically 1.2 parking 6-98 sqm balcony | Size Range 1,262-2,560sqft | Price Range AED 950K - AED 3.0M | Avg PSF 929 | Sales 51 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 3-9 | Inventory 34units 16 layouts · Typically 1.8 parking 9-182 sqm balcony | Size Range 1,619-3,907sqft | Price Range AED 1.1M - AED 3.5M | Avg PSF 796 | Sales 15 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 368,596-368,596sqft | Price Range AED 22.8M - AED 22.8M | Avg PSF 62 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 794-794sqft | Price Range — | Avg PSF 5,186 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 504 units