Hills Park
HandoverDeveloperDUBAI HILLS ESTATE L.L.C
CommunityDubai Hills Estate
Started
3 years 2 months ago05-11-2022
Handover
In 3 months30-04-2026
Status
99% BuiltIn Progress
Project Description
G+2P+19F+R ,Residential+Retail.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable-2%
DeclineCurrent:AED 2,019/sqft
Last 12M:AED 2,055/sqft
Momentum: Last 12Mvs Prior Year
Rising+8%
GrowthLast 12M:AED 2,055/sqft
Prior Year:AED 1,903/sqft
Community Compare: Last 90DDubai Hills Estate
Discount-11%
Below AvgProject:AED 2,019/sqft
Community:AED 2,268/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
40Sold (Last 12M)
Supply & Demand Matrix
Hills Park averaged 9% liquidity over the last 12 months, which is considered low. 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
232 units
24 sold208 left
10%
Velocity
2 Bedrooms
177 units
14 sold163 left
8%
Velocity
3 Bedrooms
35 units
2 sold33 left
6%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Layouts & Units (450)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-19 | Inventory 232units 7 layouts · Typically 1 parking 6-27 sqm balcony | Size Range 672-903sqft | Price Range AED 1.2M - AED 1.6M | Avg PSF 1,855 | Sales 292 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-19 | Inventory 177units 16 layouts · Typically 1 parking 6-76 sqm balcony | Size Range 989-1,746sqft | Price Range AED 1.6M - AED 2.4M | Avg PSF 1,749 | Sales 217 | Trend — | |
Asset Class 3 Bed FlatFloors 15-19 | Inventory 35units 7 layouts · Typically 2 parking 13-22 sqm balcony | Size Range 1,674-1,777sqft | Price Range AED 2.8M - AED 3.5M | Avg PSF 1,715 | Sales 38 | Trend — | |
Asset Class ShopPodium | Inventory 6units 6 layouts · Typically 1 parking | Size Range 650-965sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 4 asset classes covering 450 units