Farhad Azizi Residence
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityDubai Health Care City Phase 2
AreaAl Jadaf
Started
8 years 6 months ago01-07-2017
Handover
3 years 6 months ago14-07-2022
Status
CompleteFinished
Project Description
Residential Building B+G+2P+17 with internal and external finishes.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Falling-9%Decline
Current:AED 1,973/sqft
Last 12M:AED 2,170/sqft
Momentum: Last 12Mvs Prior Year
Rising+14%Growth
Last 12M:AED 2,170/sqft
Prior Year:AED 1,911/sqft
Community Compare: Last 90DDubai Health Care City Phase 2
At Market0%Above Avg
Project:AED 2,013/sqft
Community:AED 2,011/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
52Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,517/sqft
Range:AED 104 – AED 5K
Avg Unit:AED 65K/yr
Leasing Volume: L12MContracts Signed
Very Active427Total
New:281
Renew:146
Tenant RetentionRenewal Rate
Fair34%renewals
66% new tenants34% renewals
Gross YieldAnnual Return
High Yield76.9%Yield
Rent:AED 1,517/sqft
Price:AED 1,973/sqft
Supply & Demand Matrix
Farhad Azizi Residence averaged 8% 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
396 units
29 sold367 left
7%
Velocity
1 Bedroom
217 units
17 sold200 left
8%
Velocity
2 Bedrooms
19 units
1 sold18 left
5%
Velocity
3 Bedrooms
1 units
0 sold1 left
0%
Velocity
Shop
29 units
5 sold24 left
17%
Velocity
Layouts & Units (662)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-17 | Inventory 396units 84 layouts · Typically 1 parking 3-20 sqm balcony | Size Range 177-544sqft | Price Range AED 444K - AED 1.3M | Avg PSF 1,646 | Sales 126 | Trend — | |
Asset Class 1 Bed FlatFloors 1-17 | Inventory 217units 107 layouts · Typically 1 parking 3-103 sqm balcony | Size Range 346-1,770sqft | Price Range AED 685K - AED 2.0M | Avg PSF 1,346 | Sales 60 | Trend — | |
Asset Class 2 Bed FlatFloors 3-17 | Inventory 19units 16 layouts · Typically 1.4 parking 10-92 sqm balcony | Size Range 1,068-2,052sqft | Price Range AED 1.7M - AED 4.9M | Avg PSF 1,485 | Sales 3 | Trend — | |
Asset Class 3 Bed FlatFloor 13 | Inventory 1units Typically 2 parking ~87 sqm balcony | Size Range 2,724-2,724sqft | Price Range AED 2.8M - AED 2.8M | Avg PSF 1,029 | Sales 1 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 86,392-86,392sqft | Price Range AED 117.8M - AED 117.8M | Avg PSF 1,364 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 363-3,225sqft | Price Range — | Avg PSF 13,460 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 29units 29 layouts · Typically 0.7 parking | Size Range 243-7,419sqft | Price Range AED 1.1M - AED 3.8M | Avg PSF 2,286 | Sales 6 | Trend — |
Grouped into 7 asset classes covering 662 units