AL WALEED GARDEN 2
ResaleDeveloperAL WALEED DEVELOPMENT L.L.C
CommunityDubai Health Care City Phase 2
AreaAl Jadaf
Started
3 years 9 months ago28-03-2022
Status
CompleteFinished
Project Description
B+G+2P+14+Roof Total Flats: 171 no?s (Studio: 108; 1 B/R: 39; 2 B/R: 24) Retail Shops: 2 no?s Parking: 194 no?s a) Facilities: Swimming pool. b) Basketball. c) Paddle Tennis d) Table tennis e) GYM (Male & Female) f) Childrens play area. g) Jogging & Running track h) Landscaping. i) business lounge
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Stable+1%Growth
Current:AED 1,742/sqft
Last 12M:AED 1,720/sqft
Momentum: Last 12Mvs Prior Year
Stable+2%Growth
Last 12M:AED 1,720/sqft
Prior Year:AED 1,682/sqft
Community Compare: Last 90DDubai Health Care City Phase 2
Discount-13%Below Avg
Project:AED 1,742/sqft
Community:AED 2,011/sqft
Liquidity: Last 12MExit Speed
Low3%Turnover
6Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,382/sqft
Range:AED 698 – AED 11K
Avg Unit:AED 72K/yr
Leasing Volume: L12MContracts Signed
Very Active100Total
New:76
Renew:24
Tenant RetentionRenewal Rate
Fair24%renewals
76% new tenants24% renewals
Gross YieldAnnual Return
High Yield79.3%Yield
Rent:AED 1,382/sqft
Price:AED 1,742/sqft
Supply & Demand Matrix
AL WALEED GARDEN 2 averaged 3% 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
108 units
6 sold102 left
6%
Velocity
1 Bedroom
38 units
0 sold38 left
0%
Velocity
2 Bedrooms
25 units
0 sold25 left
0%
Velocity
Shop
2 units
0 sold2 left
0%
Velocity
Layouts & Units (173)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-8 | Inventory 108units 23 layouts · Typically 1 parking 4-9 sqm balcony | Size Range 388-552sqft | Price Range AED 250K - AED 875K | Avg PSF 1,285 | Sales 15 | Trend — | |
Asset Class 1 Bed FlatFloors 2-14 | Inventory 38units 10 layouts · Typically 1 parking 5-22 sqm balcony | Size Range 800-988sqft | Price Range AED 1.2M - AED 1.3M | Avg PSF 1,362 | Sales 3 | Trend — | |
Asset Class 2 Bed FlatFloors 9-14 | Inventory 25units 12 layouts · Typically 1 parking 21-27 sqm balcony | Size Range 984-1,384sqft | Price Range AED 1.9M - AED 1.9M | Avg PSF 1,306 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 32,966-32,966sqft | Price Range AED 14.0M - AED 21.0M | Avg PSF 532 | Sales 2 | Trend — | |
Asset Class ShopPodium | Inventory 2units 2 layouts · Typically 1 parking | Size Range 937-1,014sqft | Price Range AED 2.7M - AED 2.9M | Avg PSF 1,749 | Sales 2 | Trend — |
Grouped into 5 asset classes covering 173 units