MADA RESIDENCES TOWER
ResaleDeveloperARTAR REAL ESTATE DEVELOPMENT L.L.C
CommunityDownTown Dubai
AreaBurj Khalifa
Started
10 years 4 months ago01-09-2015
Handover
7 years 6 months ago30-06-2018
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF G+4P+32+M+HC RESIDENTIAL BUILDING LOCATED IN BURJ KHALIFA. 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+1%
GrowthCurrent:AED 1,859/sqft
Last 12M:AED 1,842/sqft
Momentum: Last 12Mvs Prior Year
Rising+11%
GrowthLast 12M:AED 1,842/sqft
Prior Year:AED 1,666/sqft
Community Compare: Last 90DDownTown Dubai
Discount-34%
Below AvgProject:AED 1,859/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Moderate15%Turnover
28Sold (Last 12M)
Supply & Demand Matrix
MADA RESIDENCES TOWER averaged 15% 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
56 units
9 sold47 left
16%
Velocity
2 Bedrooms
80 units
6 sold74 left
8%
Velocity
3 Bedrooms
48 units
13 sold35 left
27%
Velocity
4 Bedrooms
9 units
0 sold9 left
0%
Velocity
Layouts & Units (193)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 6-13 | Inventory 56units 21 layouts · Typically 1 parking 4-17 sqm balcony | Size Range 551-1,141sqft | Price Range AED 694K - AED 2.4M | Avg PSF 1,471 | Sales 39 | Trend — | |
Asset Class 2 Bed FlatFloors 6-31 | Inventory 80units 50 layouts · Typically 1 parking 5-18 sqm balcony | Size Range 805-3,239sqft | Price Range AED 950K - AED 3.2M | Avg PSF 1,490 | Sales 48 | Trend — | |
Asset Class 3 Bed FlatFloors 5-34 | Inventory 48units 34 layouts · Typically 2 parking 2-518 sqm balcony | Size Range 1,969-7,892sqft | Price Range AED 2.1M - AED 5.3M | Avg PSF 1,558 | Sales 34 | Trend — | |
Asset Class 4 Bed FlatFloors 5-36 | Inventory 9units 9 layouts · Typically 2 parking 16-880 sqm balcony | Size Range 2,884-12,405sqft | Price Range AED 3.0M - AED 6.1M | Avg PSF 1,319 | Sales 10 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 47,163-47,163sqft | Price Range AED 101.9M - AED 101.9M | Avg PSF 3,183 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,527-1,628sqft | Price Range — | Avg PSF 45,625 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 193 units