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ELITE 3 SPORTS RESIDENCE

Mature
DeveloperTRIPLANET INTERNATIONAL (FZC)
CommunityDubai Sports City
AreaAl Hebiah Fourth
Started
16 years ago30-12-2009
Handover
12 years 2 months ago13-11-2013
Status
CompleteFinished
Project Description

Freehold residential tower development located in Dubai Sports City, the tower is designed to have B+G+5P+21 floors. The building is being constructed as a concrete structure with external and internal finishes.

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline
Rising
+6%
Growth
Current:AED 931/sqft
Last 12M:AED 875/sqft
Momentum: Last 12Mvs Prior Year
Rising
+10%
Growth
Last 12M:AED 875/sqft
Prior Year:AED 799/sqft
Community Compare: Last 90DDubai Sports City
Discount
-39%
Below Avg
Project:AED 931/sqft
Community:AED 1,519/sqft
Liquidity: Last 12MExit Speed
Moderate
11%Turnover
36Sold (Last 12M)

Supply & Demand Matrix

ELITE 3 SPORTS RESIDENCE averaged 11% 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
178 units
12%
Velocity
1 Bedroom
99 units
11%
Velocity
2 Bedrooms
38 units
8%
Velocity

Layouts & Units (315)

Asset Class
Studio FlatFloors 1-20
Inventory
178units
55 layouts · Typically 1 parking
3-8 sqm balcony
Size Range
221-560sqft
Price Range
AED 238K - AED 822K
Avg PSF
990
Sales
344
Trend
—
Asset Class
1 Bed FlatFloors 1-20
Inventory
99units
33 layouts · Typically 1 parking
12-19 sqm balcony
Size Range
406-1,080sqft
Price Range
AED 300K - AED 1.4M
Avg PSF
803
Sales
166
Trend
—
Asset Class
2 Bed FlatFloors 1-19
Inventory
38units
8 layouts · Typically 1 parking
30-34 sqm balcony
Size Range
1,272-1,631sqft
Price Range
AED 500K - AED 1.4M
Avg PSF
762
Sales
70
Trend
—
Asset Class
Building
Inventory
0units
Size Range
43,055-43,055sqft
Price Range
—
Avg PSF
375
Sales
0
Trend
—

Grouped into 4 asset classes covering 315 units