ELITE 7 SPORTS RESIDENCE

Mature
Started
17 years 2 months ago01-11-2008
Handover
11 years 7 months ago15-06-2014
Status
CompleteFinished
Project Description

Freehold residential building development located in Dubai Sports City, the building is designed to have B+G+16 floors+H.c. The building is being constructed as a concrete structure with external and internal finishes.

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline
Rising
+11%
Growth
Current:AED 970/sqft
Last 12M:AED 877/sqft
Momentum: Last 12Mvs Prior Year
Rising
+6%
Growth
Last 12M:AED 877/sqft
Prior Year:AED 829/sqft
Community Compare: Last 90DDubai Sports City
Discount
-36%
Below Avg
Project:AED 970/sqft
Community:AED 1,519/sqft
Liquidity: Last 12MExit Speed
Moderate
11%Turnover
14Sold (Last 12M)

Supply & Demand Matrix

ELITE 7 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
16 units
6%
Velocity
1 Bedroom
80 units
13%
Velocity
2 Bedrooms
16 units
19%
Velocity
3 Bedrooms
16 units
0%
Velocity

Layouts & Units (128)

Asset Class
Studio FlatFloors 1-16
Inventory
16units
Typically 1 parking
~9 sqm balcony
Size Range
410-500sqft
Price Range
AED 250K - AED 763K
Avg PSF
1,116
Sales
22
Trend
Asset Class
1 Bed FlatFloors 1-16
Inventory
80units
4 layouts · Typically 1 parking
9-13 sqm balcony
Size Range
369-1,061sqft
Price Range
AED 145K - AED 1.1M
Avg PSF
881
Sales
143
Trend
Asset Class
2 Bed FlatFloors 1-16
Inventory
16units
Typically 1 parking
~15 sqm balcony
Size Range
500-1,013sqft
Price Range
AED 460K - AED 1.4M
Avg PSF
863
Sales
26
Trend
Asset Class
3 Bed FlatFloors 1-16
Inventory
16units
Typically 1 parking
~22 sqm balcony
Size Range
500-1,420sqft
Price Range
AED 250K - AED 1.6M
Avg PSF
808
Sales
24
Trend
Asset Class
Building
Inventory
0units
Size Range
31,403-31,403sqft
Price Range
Avg PSF
235
Sales
0
Trend

Grouped into 5 asset classes covering 128 units