Park Point

Resale
Started
9 years 2 months ago01-11-2016
Handover
5 years 8 months ago30-04-2020
Status
CompleteFinished
Project Description

PROJECT CONSISTS OF (G+P+9+R) X 4 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
-30%
Decline
Current:AED 1,300/sqft
Last 12M:AED 1,851/sqft
Momentum: Last 12Mvs Prior Year
Falling
-5%
Decline
Last 12M:AED 1,851/sqft
Prior Year:AED 1,948/sqft
Community Compare: Last 90DDubai Hills Estate
Discount
-43%
Below Avg
Project:AED 1,300/sqft
Community:AED 2,268/sqft
Liquidity: Last 12MExit Speed
Low
8%Turnover
28Sold (Last 12M)

Supply & Demand Matrix

Park Point averaged 8% liquidity over the last 12 months, which is considered low. 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
113 units
8%
Velocity
2 Bedrooms
123 units
9%
Velocity
3 Bedrooms
97 units
8%
Velocity
Shop
5 units
0%
Velocity

Layouts & Units (338)

Asset Class
1 Bed FlatFloors 1-9
Inventory
113units
48 layouts · Typically 1 parking
6-20 sqm balcony
Size Range
289-1,446sqft
Price Range
AED 31K - AED 1.6M
Avg PSF
1,305
Sales
70
Trend
Asset Class
2 Bed FlatFloors 1-9
Inventory
123units
54 layouts · Typically 1 parking
5-64 sqm balcony
Size Range
529-1,951sqft
Price Range
AED 1.1M - AED 2.8M
Avg PSF
1,376
Sales
49
Trend
Asset Class
3 Bed FlatFloors 1-9
Inventory
97units
52 layouts · Typically 2 parking
6-56 sqm balcony
Size Range
786-2,854sqft
Price Range
AED 1.9M - AED 3.5M
Avg PSF
1,381
Sales
53
Trend
Asset Class
ShopPodium
Inventory
5units
5 layouts · Typically 1 parking
Size Range
1,099-2,512sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 4 asset classes covering 338 units