Socio

Resale
Started
7 years 7 months ago03-06-2018
Handover
2 years 11 months ago31-01-2023
Status
CompleteFinished
Project Description

PROJECT CONSISTS OF (B+G+13+R)X 2 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
-3%
Decline
Current:AED 2,428/sqft
Last 12M:AED 2,511/sqft
Momentum: Last 12Mvs Prior Year
Falling
-3%
Decline
Last 12M:AED 2,511/sqft
Prior Year:AED 2,600/sqft
Community Compare: Last 90DDubai Hills Estate
Premium
+7%
Above Avg
Project:AED 2,428/sqft
Community:AED 2,268/sqft
Liquidity: Last 12MExit Speed
Moderate
18%Turnover
62Sold (Last 12M)

Supply & Demand Matrix

Socio averaged 18% 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
161 units
19%
Velocity
2 Bedrooms
171 units
18%
Velocity
Shop
4 units
0%
Velocity

Layouts & Units (336)

Asset Class
1 Bed FlatFloors 1-13
Inventory
161units
28 layouts · Typically 1 parking
2-15 sqm balcony
Size Range
236-614sqft
Price Range
AED 716K - AED 1.7M
Avg PSF
1,909
Sales
100
Trend
Asset Class
2 Bed FlatFloors 1-13
Inventory
171units
33 layouts · Typically 1 parking
2-23 sqm balcony
Size Range
372-959sqft
Price Range
AED 1.1M - AED 2.4M
Avg PSF
1,823
Sales
117
Trend
Asset Class
ShopPodium
Inventory
4units
4 layouts · Typically 1 parking
Size Range
702-2,802sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 3 asset classes covering 336 units