DAMAC HEIGHTS
ResaleDeveloperDAMAC GULF PROPERTIES (L.L.C)
CommunityDubai Marina
AreaMarsa Dubai
Started
14 years 8 months ago01-05-2011
Handover
7 years 8 months ago30-04-2018
Status
CompleteFinished
Project Description
Freehold residential tower development located in the Marsa Dubai. The tower is designed as 5B+G+5P+81+R floors. The tower is designed to be constructed out of concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable+1%
GrowthCurrent:AED 1,988/sqft
Last 12M:AED 1,968/sqft
Momentum: Last 12Mvs Prior Year
Stable0%
GrowthLast 12M:AED 1,968/sqft
Prior Year:AED 1,976/sqft
Community Compare: Last 90DDubai Marina
Premium+15%
Above AvgProject:AED 1,988/sqft
Community:AED 1,731/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
55Sold (Last 12M)
Supply & Demand Matrix
DAMAC HEIGHTS averaged 9% 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
285 units
25 sold260 left
9%
Velocity
2 Bedrooms
255 units
20 sold235 left
8%
Velocity
3 Bedrooms
90 units
9 sold81 left
10%
Velocity
4 Bedrooms
10 units
1 sold9 left
10%
Velocity
5 Bedrooms
1 units
0 sold1 left
0%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (645)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloor 17 | Inventory 1units Typically 1 parking | Size Range 2,257-2,257sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class 1 Bed FlatFloors 6-68 | Inventory 285units 182 layouts · Typically 1 parking 8-17 sqm balcony | Size Range 416-1,605sqft | Price Range AED 750K - AED 3.1M | Avg PSF 1,838 | Sales 163 | Trend — | |
Asset Class 2 Bed FlatFloors 6-84 | Inventory 255units 236 layouts · Typically 1 parking 2-77 sqm balcony | Size Range 27-3,217sqft | Price Range AED 20K - AED 3.9M | Avg PSF 1,843 | Sales 124 | Trend — | |
Asset Class 3 Bed FlatFloors 26-84 | Inventory 90units 90 layouts · Typically 1.3 parking 4-119 sqm balcony | Size Range 921-3,554sqft | Price Range AED 2.0M - AED 4.7M | Avg PSF 1,996 | Sales 45 | Trend — | |
Asset Class 4 Bed FlatFloors 70-82 | Inventory 10units 10 layouts · Typically 2.3 parking 8-84 sqm balcony | Size Range 37-3,700sqft | Price Range AED 1.7M - AED 5.0M | Avg PSF 2,252 | Sales 3 | Trend — | |
Asset Class 5 Bed FlatFloor 69 | Inventory 1units Typically 2 parking ~95 sqm balcony | Size Range 11,091-11,091sqft | Price Range AED 23.1M - AED 23.1M | Avg PSF 2,167 | Sales 1 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 37,292-37,292sqft | Price Range AED 15.0M - AED 120.0M | Avg PSF 1,957 | Sales 3 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 960-1,294sqft | Price Range — | Avg PSF 3,214 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 3units 3 layouts · Typically 1.3 parking | Size Range 178-2,022sqft | Price Range — | Avg PSF 2,751 | Sales 0 | Trend — |
Grouped into 9 asset classes covering 645 units