Edison House
ResaleDeveloperARABIAN GULF PROPERTIES
CommunityDubai Land Residence Complex
AreaWadi Al Safa 5
Started
7 years 3 months ago01-10-2018
Handover
3 years ago30-12-2022
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF G+11+R RESIDENTIAL APARTMENTS LOCATED IN WADI AL SAFA 5. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
Rising+19%
GrowthLast 12M:AED 1,074/sqft
Prior Year:AED 900/sqft
Community Compare: Last 90DDubai Land Residence Complex
Discount-20%
Below AvgProject:AED 1,057/sqft
Community:AED 1,315/sqft
Liquidity: Last 12MExit Speed
Low5%Turnover
3Sold (Last 12M)
Supply & Demand Matrix
Edison House averaged 5% 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
2 Bedrooms
56 units
3 sold53 left
5%
Velocity
3 Bedrooms
9 units
0 sold9 left
0%
Velocity
Layouts & Units (65)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 2 Bed FlatFloors 1-10 | Inventory 56units 11 layouts · Typically 0.9 parking 9-180 sqm balcony | Size Range 1,133-3,754sqft | Price Range AED 1.1M - AED 2.4M | Avg PSF 759 | Sales 6 | Trend — | |
Asset Class 3 Bed FlatFloors 1-9 | Inventory 9units 2 layouts · Typically 1 parking ~13 sqm balcony | Size Range 1,315-1,328sqft | Price Range — | Avg PSF 789 | Sales 0 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 3,188-24,525sqft | Price Range AED 715K - AED 6.1M | Avg PSF 262 | Sales 3 | Trend — |
Grouped into 3 asset classes covering 65 units