Time 1
ResaleDeveloperTIME PROPERTIES
CommunityDubai Land Residence Complex
AreaWadi Al Safa 5
Started
8 years 1 month ago30-11-2017
Handover
3 years ago31-12-2022
Status
CompleteFinished
Project Description
One Building Residential 3B + G + 13 + Roof
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Stable-1%Decline
Current:AED 1,291/sqft
Last 12M:AED 1,303/sqft
Momentum: Last 12Mvs Prior Year
Rising+22%Growth
Last 12M:AED 1,303/sqft
Prior Year:AED 1,068/sqft
Community Compare: Last 90DDubai Land Residence Complex
At Market-2%Below Avg
Project:AED 1,291/sqft
Community:AED 1,315/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
29Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,139/sqft
Range:AED 56 – AED 2K
Avg Unit:AED 46K/yr
Leasing Volume: L12MContracts Signed
Very Active211Total
New:118
Renew:93
Tenant RetentionRenewal Rate
Good44%renewals
56% new tenants44% renewals
Gross YieldAnnual Return
High Yield88.2%Yield
Rent:AED 1,139/sqft
Price:AED 1,291/sqft
Supply & Demand Matrix
Time 1 averaged 10% 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
Studio
208 units
27 sold181 left
13%
Velocity
1 Bedroom
52 units
2 sold50 left
4%
Velocity
3 Bedrooms
26 units
0 sold26 left
0%
Velocity
Layouts & Units (286)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-13 | Inventory 208units 24 layouts · Typically 1 parking 2-11 sqm balcony | Size Range 102-394sqft | Price Range AED 126K - AED 495K | Avg PSF 972 | Sales 51 | Trend — | |
Asset Class 1 Bed FlatFloors 1-13 | Inventory 52units 6 layouts · Typically 1 parking 2-3 sqm balcony | Size Range 596-601sqft | Price Range AED 380K - AED 700K | Avg PSF 819 | Sales 11 | Trend — | |
Asset Class 3 Bed FlatFloors 1-13 | Inventory 26units 3 layouts · Typically 1 parking 12-13 sqm balcony | Size Range 1,603-1,611sqft | Price Range AED 1.2M - AED 1.6M | Avg PSF 593 | Sales 5 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 34,619-34,619sqft | Price Range — | Avg PSF 547 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 286 units