DAMAC HILLS - ORCHID
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+4%
GrowthCurrent:AED 1,455/sqft
Last 12M:AED 1,404/sqft
Momentum: Last 12Mvs Prior Year
Rising+17%
GrowthLast 12M:AED 1,404/sqft
Prior Year:AED 1,201/sqft
Community Compare: Last 90DDAMAC HILLS
At Market-2%
Below AvgProject:AED 1,455/sqft
Community:AED 1,486/sqft
Liquidity: Last 12MExit Speed
Low5%Turnover
8Sold (Last 12M)
Supply & Demand Matrix
DAMAC HILLS - ORCHID averaged 5% liquidity over the last 12 months, which is considered low. 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
2 sold48 left
4%
Velocity
1 Bedroom
72 units
3 sold69 left
4%
Velocity
2 Bedrooms
38 units
3 sold35 left
8%
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 26 layouts · Typically 1 parking 5-20 sqm balcony | Size Range 113-642sqft | Price Range AED 200K - AED 750K | Avg PSF 1,298 | Sales 20 | Trend — | |
Asset Class 1 Bed FlatFloors 2-8 | Inventory 72units 30 layouts · Typically 1 parking 5-54 sqm balcony | Size Range 9-1,403sqft | Price Range AED 625K - AED 1.4M | Avg PSF 1,027 | Sales 24 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 2-8 | Inventory 38units 24 layouts · Typically 1.4 parking 14-98 sqm balcony | Size Range 1,450-2,701sqft | Price Range AED 1.2M - AED 2.4M | Avg PSF 899 | Sales 14 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 2-8 | Inventory 8units 6 layouts · Typically 2 parking 105-182 sqm balcony | Size Range 2,838-4,116sqft | Price Range AED 2.3M - AED 2.3M | Avg PSF 620 | Sales 1 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 89,967-89,967sqft | Price Range AED 3.7M - AED 3.7M | Avg PSF 41 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 853-853sqft | Price Range — | Avg PSF 1,560 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 168 units