Park Horizon

Handover
Started
2 years 10 months ago03-03-2023
Handover
In 8 months30-09-2026
Status
71% BuiltIn Progress
Project Description

T1: G+P+10, T2: G+P+19, Town Houses: G+P Residential , 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%
Growth
Current:AED 2,418/sqft
Last 12M:AED 2,293/sqft
Momentum: Last 12Mvs Prior Year
Rising
+8%
Growth
Last 12M:AED 2,293/sqft
Prior Year:AED 2,118/sqft
Community Compare: Last 90DDubai Hills Estate
Premium
+7%
Above Avg
Project:AED 2,418/sqft
Community:AED 2,268/sqft
Liquidity: Last 12MExit Speed
Moderate
14%Turnover
42Sold (Last 12M)

Supply & Demand Matrix

Park Horizon averaged 14% liquidity over the last 12 months, which is considered moderate. 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
124 units
12%
Velocity
2 Bedrooms
140 units
16%
Velocity
3 Bedrooms
40 units
10%
Velocity
Shop
2 units
0%
Velocity

Layouts & Units (306)

Asset Class
1 Bed FlatPodium + Floors 1-19
Inventory
124units
14 layouts · Typically 1 parking
6-26 sqm balcony
Size Range
653-876sqft
Price Range
AED 1.0M - AED 1.6M
Avg PSF
1,875
Sales
160
Trend
Asset Class
2 Bed FlatPodium + Floors 1-19
Inventory
140units
22 layouts · Typically 1 parking
6-113 sqm balcony
Size Range
989-2,149sqft
Price Range
AED 1.8M - AED 2.7M
Avg PSF
1,976
Sales
180
Trend
Asset Class
3 Bed FlatPodium + Floors 1-19
Inventory
40units
6 layouts · Typically 2 parking
6-94 sqm balcony
Size Range
1,352-2,291sqft
Price Range
AED 2.9M - AED 4.2M
Avg PSF
2,286
Sales
47
Trend
Asset Class
ShopPodium
Inventory
2units
2 layouts · Typically 1 parking
Size Range
508-858sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 4 asset classes covering 306 units