Saria

Off-Plan

DeveloperVERIS RESIDENCES REAL ESTATE DEVELOPMENT L.L.C

CommunityDubai Maritime City

AreaMadinat Dubai Almelaheyah

Started

1 year 2 months ago01-11-2024

Handover

In 1 year 8 months01-10-2027

Status

6% BuiltIn Progress

Project Description

Proposed Tower G+4P+39 + Roof floor Residential and retail development.The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Developer Sales: Last 90Dvs Last 12M Baseline

Falling

-7%

Decline

Current:AED 2,345/sqft

Last 12M:AED 2,532/sqft

Momentum: Last 12Mvs Prior Year

Stable

+2%

Growth

Last 12M:AED 2,532/sqft

Prior Year:AED 2,474/sqft

Community Compare: Last 90DDubai Maritime City

Discount

-26%

Below Avg

Project:AED 2,345/sqft

Community:AED 3,189/sqft

Layouts & Units (372)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class 1 Bed FlatFloors 2-36	Inventory 160units 6 layouts · Typically 1 parking ~13 sqm balcony	Size Range 758-839sqft	Price Range AED 1.7M - AED 2.4M	Avg PSF 2,534	Sales 155	Trend —

Asset Class 2 Bed FlatPodium + Floors 2-36	Inventory 140units 12 layouts · Typically 1 parking 12-33 sqm balcony	Size Range 321-1,401sqft	Price Range AED 2.6M - AED 4.5M	Avg PSF 2,399	Sales 139	Trend —

Asset Class 3 Bed FlatPodium + Floors 10-36	Inventory 60units 7 layouts · Typically 1 parking 25-39 sqm balcony	Size Range 1,633-1,950sqft	Price Range AED 4.0M - AED 6.5M	Avg PSF 2,721	Sales 60	Trend —

Asset Class 5 Bed FlatFloors 37-38	Inventory 8units 6 layouts · Typically 1 parking 59-204 sqm balcony	Size Range 2,935-4,615sqft	Price Range AED 12.3M - AED 12.3M	Avg PSF 4,198	Sales 1	Trend —

Asset Class Land	Inventory 0units	Size Range 81,792-81,792sqft	Price Range —	Avg PSF 1,290	Sales 0	Trend —

Asset Class ShopPodium	Inventory 4units 3 layouts · Typically 1 parking	Size Range 752-898sqft	Price Range —	Avg PSF —	Sales 0	Trend —

Grouped into 6 asset classes covering 372 units