Park Heights I

Resale
Started
8 years 5 months ago21-08-2017
Handover
5 years 9 months ago31-03-2020
Status
CompleteFinished
Project Description

PROJECT CONSISTS OF (B+G+18+R) RESIDENTIAL BUILDING LOCATED IN HADAEQ SHEIKH MOHAMMED BIN RASHID. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Rising
+3%
Growth
Current:AED 2,106/sqft
Last 12M:AED 2,045/sqft
Momentum: Last 12Mvs Prior Year
Stable
+1%
Growth
Last 12M:AED 2,045/sqft
Prior Year:AED 2,028/sqft
Community Compare: Last 90DDubai Hills Estate
Discount
-7%
Below Avg
Project:AED 2,106/sqft
Community:AED 2,268/sqft
Liquidity: Last 12MExit Speed
Moderate
14%Turnover
39Sold (Last 12M)

Supply & Demand Matrix

Park Heights I averaged 14% 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
144 units
17%
Velocity
2 Bedrooms
90 units
11%
Velocity
3 Bedrooms
36 units
14%
Velocity
Shop
5 units
0%
Velocity

Layouts & Units (275)

Asset Class
1 Bed FlatFloors 1-18
Inventory
144units
5 layouts · Typically 1 parking
~6 sqm balcony
Size Range
322-1,291sqft
Price Range
AED 93K - AED 1.5M
Avg PSF
1,471
Sales
86
Trend
Asset Class
2 Bed FlatFloors 1-18
Inventory
90units
13 layouts · Typically 1 parking
5-18 sqm balcony
Size Range
527-1,089sqft
Price Range
AED 1.3M - AED 2.4M
Avg PSF
1,433
Sales
40
Trend
Asset Class
3 Bed FlatFloors 1-18
Inventory
36units
5 layouts · Typically 2 parking
17-18 sqm balcony
Size Range
806-1,612sqft
Price Range
AED 2.2M - AED 3.4M
Avg PSF
1,379
Sales
8
Trend
Asset Class
Land
Inventory
0units
Size Range
646-646sqft
Price Range
Avg PSF
8,077
Sales
0
Trend
Asset Class
ShopPodium
Inventory
5units
5 layouts · Typically 2 parking
Size Range
696-2,359sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 5 asset classes covering 275 units