ELITE 8 SPORTS RESIDENCE
ResaleCommunityDubai Sports City
AreaAl Hebiah Fourth
Started
11 years 10 months ago01-03-2014
Handover
9 years 3 months ago16-10-2016
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF B+G+4P+18 RESIDENTIAL BUILDING LOCATED IN AL HEBIAH FOURTH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+4%
GrowthCurrent:AED 969/sqft
Last 12M:AED 929/sqft
Momentum: Last 12Mvs Prior Year
Rising+13%
GrowthLast 12M:AED 929/sqft
Prior Year:AED 819/sqft
Community Compare: Last 90DDubai Sports City
Discount-36%
Below AvgProject:AED 969/sqft
Community:AED 1,519/sqft
Liquidity: Last 12MExit Speed
Moderate15%Turnover
72Sold (Last 12M)
Supply & Demand Matrix
ELITE 8 SPORTS RESIDENCE 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
198 units
40 sold158 left
20%
Velocity
1 Bedroom
198 units
20 sold178 left
10%
Velocity
2 Bedrooms
54 units
8 sold46 left
15%
Velocity
3 Bedrooms
18 units
4 sold14 left
22%
Velocity
Layouts & Units (468)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-18 | Inventory 198units 20 layouts · Typically 1 parking 8-16 sqm balcony | Size Range 161-665sqft | Price Range AED 140K - AED 650K | Avg PSF 953 | Sales 133 | Trend — | |
Asset Class 1 Bed FlatFloors 1-18 | Inventory 198units 20 layouts · Typically 1 parking 12-24 sqm balcony | Size Range 398-851sqft | Price Range AED 300K - AED 1.4M | Avg PSF 849 | Sales 126 | Trend — | |
Asset Class 2 Bed FlatFloors 1-18 | Inventory 54units 6 layouts · Typically 1 parking 40-44 sqm balcony | Size Range 1,252-1,490sqft | Price Range AED 500K - AED 1.3M | Avg PSF 706 | Sales 33 | Trend — | |
Asset Class 3 Bed FlatFloors 1-18 | Inventory 18units 3 layouts · Typically 1 parking ~33 sqm balcony | Size Range 787-1,580sqft | Price Range AED 500K - AED 1.6M | Avg PSF 775 | Sales 18 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 56,803-56,803sqft | Price Range — | Avg PSF 704 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 468 units