DURAR1
MatureDeveloperDURAR AL EMARAT PROPERTIES (L.L.C)
CommunityDubai Land Residence Complex
AreaWadi Al Safa 5
Started
17 years 8 months ago24-05-2008
Handover
12 years 5 months ago15-08-2013
Status
CompleteFinished
Project Description
Freehold residential development located in Al Ruwayyah. The project consists of shared 2B+G with 2 identical 9 storey buildings on top (A and B). The buildings are made out of a concrete structure with external and internal finishing.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Falling-3%
DeclineCurrent:AED 863/sqft
Last 12M:AED 892/sqft
Momentum: Last 12Mvs Prior Year
Stable-1%
DeclineLast 12M:AED 892/sqft
Prior Year:AED 898/sqft
Community Compare: Last 90DDubai Land Residence Complex
Discount-34%
Below AvgProject:AED 865/sqft
Community:AED 1,315/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
30Sold (Last 12M)
Supply & Demand Matrix
DURAR1 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
102 units
15 sold87 left
15%
Velocity
2 Bedrooms
110 units
15 sold95 left
14%
Velocity
3 Bedrooms
24 units
0 sold24 left
0%
Velocity
Shop
5 units
0 sold5 left
0%
Velocity
Layouts & Units (241)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-9 | Inventory 102units 10 layouts · Typically 1 parking 2-47 sqm balcony | Size Range 716-1,241sqft | Price Range AED 400K - AED 906K | Avg PSF 859 | Sales 41 | Trend — | |
Asset Class 2 Bed FlatFloors 1-9 | Inventory 110units 13 layouts · Typically 1 parking 1-73 sqm balcony | Size Range 1,093-1,905sqft | Price Range AED 700K - AED 1.4M | Avg PSF 807 | Sales 40 | Trend — | |
Asset Class 3 Bed FlatFloors 8-9 | Inventory 24units 5 layouts · Typically 2 parking 9-12 sqm balcony | Size Range 1,496-1,581sqft | Price Range AED 800K - AED 1.5M | Avg PSF 798 | Sales 9 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 63,962-63,962sqft | Price Range — | Avg PSF 1,688 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 2,589-2,589sqft | Price Range — | Avg PSF 49,283 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 5units 5 layouts · Typically 1 parking | Size Range 671-2,914sqft | Price Range AED 575K - AED 3.5M | Avg PSF 1,130 | Sales 5 | Trend — |
Grouped into 6 asset classes covering 241 units