THE GROVE BY IMAN
ResaleDeveloperIMAN DEVELOPERS L.L.C
CommunityDubai Hills Estate
Started
3 years 2 months ago01-11-2022
Handover
1 year 4 months ago30-08-2024
Status
CompleteFinished
Project Description
G+2P+9F+R Residential+Retail,The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+3%
GrowthCurrent:AED 2,363/sqft
Last 12M:AED 2,291/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DDubai Hills Estate
Premium+4%
Above AvgProject:AED 2,363/sqft
Community:AED 2,268/sqft
Liquidity: Last 12MExit Speed
High32%Turnover
40Sold (Last 12M)
Supply & Demand Matrix
THE GROVE BY IMAN averaged 32% liquidity over the last 12 months, which is considered high. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
43 units
15 sold28 left
35%
Velocity
1 Bedroom
41 units
14 sold27 left
34%
Velocity
2 Bedrooms
26 units
8 sold18 left
31%
Velocity
3 Bedrooms
11 units
3 sold8 left
27%
Velocity
Shop
4 units
0 sold4 left
0%
Velocity
Layouts & Units (125)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-8 | Inventory 43units 17 layouts · Typically 1 parking 5-12 sqm balcony | Size Range 361-485sqft | Price Range AED 504K - AED 1.2M | Avg PSF 2,062 | Sales 15 | Trend — | |
Asset Class 1 Bed FlatFloors 1-9 | Inventory 41units 12 layouts · Typically 1 parking 4-19 sqm balcony | Size Range 699-896sqft | Price Range AED 856K - AED 2.2M | Avg PSF 1,903 | Sales 14 | Trend — | |
Asset Class 2 Bed FlatFloors 1-9 | Inventory 26units 10 layouts · Typically 1 parking 12-22 sqm balcony | Size Range 1,077-1,320sqft | Price Range AED 1.3M - AED 3.3M | Avg PSF 1,827 | Sales 8 | Trend — | |
Asset Class 3 Bed FlatFloors 1-9 | Inventory 11units 6 layouts · Typically 1.9 parking 25-88 sqm balcony | Size Range 1,117-2,561sqft | Price Range AED 2.1M - AED 4.3M | Avg PSF 1,877 | Sales 3 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 30,768-30,768sqft | Price Range — | Avg PSF 1,072 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 4units 3 layouts · Typically 1 parking | Size Range 788-796sqft | Price Range — | Avg PSF 3,000 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 125 units