ELITE 10 SPORTS RESIDENCE
ResaleDeveloperRANGE 4 DEVELOPMENTS L.L.C
CommunityDubai Sports City
AreaAl Hebiah Fourth
Started
11 years 3 months ago13-10-2014
Handover
8 years 1 month ago25-12-2017
Status
CompleteFinished
Project Description
RESIDENTIAL APARTMENT BUILDING ((B+G+P+GYM)x2towers 16FLOORS)ON PLOT ON.682-1282 AT DUBAI SPORT CITY , with internal and external finishes
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+7%Growth
Current:AED 993/sqft
Last 12M:AED 931/sqft
Momentum: Last 12Mvs Prior Year
Rising+6%Growth
Last 12M:AED 931/sqft
Prior Year:AED 877/sqft
Community Compare: Last 90DDubai Sports City
Discount-35%Below Avg
Project:AED 993/sqft
Community:AED 1,519/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
97Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 837/sqft
Range:AED 338 – AED 1K
Avg Unit:AED 51K/yr
Leasing Volume: L12MContracts Signed
Very Active708Total
New:341
Renew:367
Tenant RetentionRenewal Rate
Good52%renewals
48% new tenants52% renewals
Gross YieldAnnual Return
High Yield84.3%Yield
Rent:AED 837/sqft
Price:AED 993/sqft
Supply & Demand Matrix
ELITE 10 SPORTS RESIDENCE averaged 12% 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
383 units
29 sold354 left
8%
Velocity
1 Bedroom
288 units
52 sold236 left
18%
Velocity
2 Bedrooms
96 units
11 sold85 left
11%
Velocity
3 Bedrooms
32 units
4 sold28 left
13%
Velocity
4 Bedrooms
1 units
1 sold0 left
100%
Velocity
Layouts & Units (800)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-16 | Inventory 383units 22 layouts · Typically 1 parking 4-15 sqm balcony | Size Range 191-524sqft | Price Range AED 200K - AED 755K | Avg PSF 1,027 | Sales 223 | Trend — | |
Asset Class 1 Bed FlatFloors 1-16 | Inventory 288units 13 layouts · Typically 1 parking 7-19 sqm balcony | Size Range 423-847sqft | Price Range AED 395K - AED 986K | Avg PSF 873 | Sales 258 | Trend — | |
Asset Class 2 Bed FlatFloors 1-16 | Inventory 96units 6 layouts · Typically 1 parking 24-47 sqm balcony | Size Range 539-1,343sqft | Price Range AED 300K - AED 1.6M | Avg PSF 792 | Sales 110 | Trend — | |
Asset Class 3 Bed FlatFloors 1-16 | Inventory 32units 2 layouts · Typically 1 parking 39-47 sqm balcony | Size Range 787-1,590sqft | Price Range AED 800K - AED 1.6M | Avg PSF 802 | Sales 34 | Trend — | |
Asset Class 4 Bed FlatFloor 16 | Inventory 1units Typically 2 parking ~204 sqm balcony | Size Range 3,892-3,892sqft | Price Range AED 2.2M - AED 2.2M | Avg PSF 565 | Sales 1 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 133,823-133,823sqft | Price Range AED 33.8M - AED 72.3M | Avg PSF 396 | Sales 2 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 764-764sqft | Price Range — | Avg PSF 1,440 | Sales 0 | Trend — |
Grouped into 7 asset classes covering 800 units