SAFEER RESIDENCES 3
MatureDeveloperALSEEB REAL ESTATE DEVELOPMENT L.L.C
CommunityDubai Land Residence Complex
AreaWadi Al Safa 5
Started
10 years 8 months ago01-05-2015
Handover
7 years 6 months ago01-07-2018
Status
CompleteFinished
Project Description
1B+G+8+2R 1BEDROOM: 32 APARTMENTS 2BEDROOM: 16 APARTMENTS 3BEDROOM: 16 APARTMENTS
Performance Alpha
Rent Pricing: L12MPer Sqft / Year
AED 553/sqft
Range:AED 60 – AED 726
Avg Unit:AED 67K/yr
Leasing Volume: L12MContracts Signed
Very Active51Total
New:51
Renew:0
Tenant RetentionRenewal Rate
Low0%renewals
100% new tenants0% renewals
Avg Annual RentPer Unit
AED 67K/year
Based on 51 contracts
Supply & Demand Matrix
SAFEER RESIDENCES 3 averaged 0% 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
32 units
0 sold32 left
0%
Velocity
2 Bedrooms
16 units
0 sold16 left
0%
Velocity
3 Bedrooms
16 units
0 sold16 left
0%
Velocity
Layouts & Units (64)
| Property Type | Contracts (L12M) | Size Range | Rent Range (PSF) | Avg Rent/Sqft | Avg Annual | |
|---|---|---|---|---|---|---|
Property Type 1bed room+Hallapartment | Contracts 156 | Size Range 82-133sqft | Rent Range 226-726 | Avg Rent/Sqft 430AED | Avg Annual AED 41K | |
Property Type 2 bed rooms+hallapartment | Contracts 78 | Size Range 140-156sqft | Rent Range 4-586 | Avg Rent/Sqft 379AED | Avg Annual AED 56K | |
Property Type 3 bed rooms+hallapartment | Contracts 73 | Size Range 182-183sqft | Rent Range 60-634 | Avg Rent/Sqft 387AED | Avg Annual AED 71K |
307 rental contracts grouped into 3 property types