Kappa Acca 3
ResaleDeveloperKAPPA ACCA REAL ESTATE DEVELOPMENT
CommunityDubai South Residential District
Started
9 years 7 months ago25-06-2016
Handover
6 years 11 months ago31-01-2019
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF (B+G+4+HC) RESIDENTIAL BUILDING LOCATED IN MADINAT AL MATAAR. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Stable-2%Decline
Current:AED 1,046/sqft
Last 12M:AED 1,072/sqft
Momentum: Last 12Mvs Prior Year
Rising+26%Growth
Last 12M:AED 1,072/sqft
Prior Year:AED 852/sqft
Community Compare: Last 90DDubai South Residential District
Discount-19%Below Avg
Project:AED 959/sqft
Community:AED 1,180/sqft
Liquidity: Last 12MExit Speed
Moderate15%Turnover
12Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 936/sqft
Range:AED 551 – AED 1K
Avg Unit:AED 45K/yr
Leasing Volume: L12MContracts Signed
Very Active66Total
New:48
Renew:18
Tenant RetentionRenewal Rate
Fair27%renewals
73% new tenants27% renewals
Gross YieldAnnual Return
High Yield89.5%Yield
Rent:AED 936/sqft
Price:AED 1,046/sqft
Supply & Demand Matrix
Kappa Acca 3 averaged 15% 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
45 units
8 sold37 left
18%
Velocity
1 Bedroom
28 units
2 sold26 left
7%
Velocity
2 Bedrooms
8 units
2 sold6 left
25%
Velocity
Layouts & Units (81)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-4 | Inventory 45units 12 layouts · Typically 1 parking 5-6 sqm balcony | Size Range 403-443sqft | Price Range AED 345K - AED 590K | Avg PSF 1,379 | Sales 10 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-4 | Inventory 28units 8 layouts · Typically 1 parking 8-15 sqm balcony | Size Range 623-744sqft | Price Range AED 580K - AED 660K | Avg PSF 880 | Sales 3 | Trend — | |
Asset Class 2 Bed FlatFloors 1-4 | Inventory 8units 4 layouts · Typically 0.6 parking 17-18 sqm balcony | Size Range 915-926sqft | Price Range AED 656K - AED 950K | Avg PSF 688 | Sales 3 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 627-627sqft | Price Range — | Avg PSF 42,959 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 81 units