PropertyIndex.ae
Sign In

ARENA APARTMENTS

Resale
DeveloperGREEN DESERT VENTURES INC
CommunityDubai Sports City
AreaAl Hebiah Fourth
Started
17 years 10 months ago01-03-2008
Handover
10 years 9 months ago02-04-2015
Status
CompleteFinished
Project Description

Freehold residential building development located in Dubai Sports City, the building is designed to have G+11 floors+HC+Swimming pool. The building is being constructed as a concrete structure with external and internal finishes.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Stable
-1%
Decline
Current:AED 862/sqft
Last 12M:AED 871/sqft
Momentum: Last 12Mvs Prior Year
Rising
+14%
Growth
Last 12M:AED 871/sqft
Prior Year:AED 762/sqft
Community Compare: Last 90DDubai Sports City
Discount
-43%
Below Avg
Project:AED 862/sqft
Community:AED 1,519/sqft
Liquidity: Last 12MExit Speed
Low
9%Turnover
13Sold (Last 12M)

Supply & Demand Matrix

ARENA APARTMENTS 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
Studio
40 units
15%
Velocity
1 Bedroom
64 units
9%
Velocity
2 Bedrooms
44 units
2%
Velocity

Layouts & Units (148)

Asset Class
Studio FlatFloors 1-10
Inventory
40units
4 layouts · Typically 1 parking
~5 sqm balcony
Size Range
290-609sqft
Price Range
AED 245K - AED 570K
Avg PSF
841
Sales
30
Trend
—
Asset Class
1 Bed FlatFloors 1-11
Inventory
64units
7 layouts · Typically 1 parking
~11 sqm balcony
Size Range
862-1,042sqft
Price Range
AED 500K - AED 1.0M
Avg PSF
807
Sales
27
Trend
—
Asset Class
2 Bed FlatFloors 1-11
Inventory
44units
10 layouts · Typically 1 parking
17-117 sqm balcony
Size Range
1,379-2,775sqft
Price Range
AED 630K - AED 1.6M
Avg PSF
740
Sales
26
Trend
—
Asset Class
Building
Inventory
0units
Size Range
53,036-53,036sqft
Price Range
AED 17.8M - AED 17.8M
Avg PSF
335
Sales
1
Trend
—

Grouped into 4 asset classes covering 148 units