PARK HEIGHTS II
ResaleDeveloperDUBAI HILLS ESTATE L.L.C
CommunityDubai Hills Estate
Started
8 years 6 months ago25-07-2017
Handover
5 years 9 months ago31-03-2020
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF (B+G+18+R)X2 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
Falling-7%
DeclineCurrent:AED 1,778/sqft
Last 12M:AED 1,921/sqft
Momentum: Last 12Mvs Prior Year
Stable-2%
DeclineLast 12M:AED 1,921/sqft
Prior Year:AED 1,970/sqft
Community Compare: Last 90DDubai Hills Estate
Discount-22%
Below AvgProject:AED 1,778/sqft
Community:AED 2,268/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
66Sold (Last 12M)
Supply & Demand Matrix
PARK HEIGHTS II averaged 12% 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
299 units
34 sold265 left
11%
Velocity
2 Bedrooms
183 units
15 sold168 left
8%
Velocity
3 Bedrooms
73 units
17 sold56 left
23%
Velocity
Shop
2 units
0 sold2 left
0%
Velocity
Layouts & Units (557)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-18 | Inventory 299units 21 layouts · Typically 1 parking 6-25 sqm balcony | Size Range 451-880sqft | Price Range AED 112K - AED 2.0M | Avg PSF 1,519 | Sales 166 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-18 | Inventory 183units 24 layouts · Typically 1 parking 5-69 sqm balcony | Size Range 319-1,648sqft | Price Range AED 32K - AED 2.4M | Avg PSF 1,425 | Sales 87 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-18 | Inventory 73units 9 layouts · Typically 2 parking 17-84 sqm balcony | Size Range 649-2,330sqft | Price Range AED 1.3M - AED 3.5M | Avg PSF 1,422 | Sales 34 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 646-957sqft | Price Range — | Avg PSF 19,964 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 2units 2 layouts · Typically 2 parking | Size Range 1,565-2,004sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 557 units