ELLINGTON HOUSE II
HandoverDeveloperEH 2 DEVELOPMENT L.L.C
CommunityDubai Hills Estate
Started
3 years 1 month ago19-12-2022
Handover
8 months ago30-04-2025
Status
91% BuiltIn Progress
Project Description
Residential Building (G+1P+10F + R).The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+5%
GrowthCurrent:AED 2,466/sqft
Last 12M:AED 2,358/sqft
Momentum: Last 12Mvs Prior Year
Rising+6%
GrowthLast 12M:AED 2,358/sqft
Prior Year:AED 2,219/sqft
Community Compare: Last 90DDubai Hills Estate
Premium+9%
Above AvgProject:AED 2,466/sqft
Community:AED 2,268/sqft
Liquidity: Last 12MExit Speed
High27%Turnover
44Sold (Last 12M)
Supply & Demand Matrix
ELLINGTON HOUSE II averaged 27% liquidity over the last 12 months, which is considered high. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
1 Bedroom
91 units
26 sold65 left
29%
Velocity
2 Bedrooms
60 units
15 sold45 left
25%
Velocity
3 Bedrooms
15 units
3 sold12 left
20%
Velocity
Layouts & Units (166)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-10 | Inventory 91units 14 layouts · Typically 1 parking 7-13 sqm balcony | Size Range 788-890sqft | Price Range AED 1.4M - AED 2.4M | Avg PSF 2,041 | Sales 125 | Trend — | |
Asset Class 2 Bed FlatFloors 1-10 | Inventory 60units 15 layouts · Typically 1 parking 13-37 sqm balcony | Size Range 1,273-1,685sqft | Price Range AED 2.2M - AED 4.0M | Avg PSF 2,066 | Sales 79 | Trend — | |
Asset Class 3 Bed FlatFloors 1-10 | Inventory 15units 7 layouts · Typically 1 parking 19-81 sqm balcony | Size Range 1,724-2,462sqft | Price Range AED 3.1M - AED 5.8M | Avg PSF 2,166 | Sales 24 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 61,708-61,708sqft | Price Range AED 66.0M - AED 66.0M | Avg PSF 1,069 | Sales 1 | Trend — |
Grouped into 4 asset classes covering 166 units