ELITE 9 SPORTS RESIDENCE
ResaleDeveloperRange 3 Investments Limited
CommunityDubai Sports City
AreaAl Hebiah Fourth
Started
11 years 7 months ago01-06-2014
Handover
9 years 5 months ago27-07-2016
Status
CompleteFinished
Project Description
Residential apartment building B+G+4P+18+Roof, located in Dubai Sport City
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Stable+2%Growth
Current:AED 972/sqft
Last 12M:AED 957/sqft
Momentum: Last 12Mvs Prior Year
Rising+25%Growth
Last 12M:AED 957/sqft
Prior Year:AED 764/sqft
Community Compare: Last 90DDubai Sports City
Discount-36%Below Avg
Project:AED 972/sqft
Community:AED 1,519/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
22Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 801/sqft
Range:AED 357 – AED 1K
Avg Unit:AED 51K/yr
Leasing Volume: L12MContracts Signed
Very Active251Total
New:120
Renew:131
Tenant RetentionRenewal Rate
Good52%renewals
48% new tenants52% renewals
Gross YieldAnnual Return
High Yield82.4%Yield
Rent:AED 801/sqft
Price:AED 972/sqft
Supply & Demand Matrix
ELITE 9 SPORTS RESIDENCE averaged 8% 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
108 units
14 sold94 left
13%
Velocity
1 Bedroom
144 units
8 sold136 left
6%
Velocity
2 Bedrooms
36 units
0 sold36 left
0%
Velocity
Layouts & Units (288)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-18 | Inventory 108units 14 layouts · Typically 1 parking 6-14 sqm balcony | Size Range 217-534sqft | Price Range AED 150K - AED 656K | Avg PSF 1,041 | Sales 59 | Trend — | |
Asset Class 1 Bed FlatFloors 1-18 | Inventory 144units 17 layouts · Typically 1 parking 12-23 sqm balcony | Size Range 683-818sqft | Price Range AED 300K - AED 1.2M | Avg PSF 936 | Sales 116 | Trend — | |
Asset Class 2 Bed FlatFloors 1-18 | Inventory 36units 5 layouts · Typically 1 parking 36-38 sqm balcony | Size Range 1,198-1,251sqft | Price Range AED 490K - AED 1.3M | Avg PSF 803 | Sales 32 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 39,996-39,996sqft | Price Range — | Avg PSF 800 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 288 units