Mars Residences
HandoverCommunityDubai Sports City
AreaAl Hebiah Fourth
Started
17 years 9 months ago19-04-2008
Handover
1 year 10 months ago23-03-2024
Status
76% BuiltIn Progress
Project Description
Two freehold residential building development located at the Sport City . The buildings are designed to be 2B+G+19 storey high, formed as a concrete structure with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
Rising+10%
GrowthLast 12M:AED 1,012/sqft
Prior Year:AED 922/sqft
Community Compare: Last 90DDubai Sports City
—No recent sales
Liquidity: Last 12MExit Speed
Low3%Turnover
19Sold (Last 12M)
Supply & Demand Matrix
Mars Residences averaged 3% liquidity over the last 12 months, which is considered low. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
Studio
144 units
6 sold138 left
4%
Velocity
1 Bedroom
304 units
7 sold297 left
2%
Velocity
2 Bedrooms
76 units
5 sold71 left
7%
Velocity
3 Bedrooms
20 units
1 sold19 left
5%
Velocity
Shop
10 units
0 sold10 left
0%
Velocity
Layouts & Units (554)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-18 | Inventory 144units 5 layouts · Typically 0.1 parking | Size Range 340-464sqft | Price Range AED 214K - AED 698K | Avg PSF 975 | Sales 49 | Trend — | |
Asset Class 1 Bed FlatFloors 1-19 | Inventory 304units 11 layouts · Typically 0.1 parking 4-37 sqm balcony | Size Range 707-1,988sqft | Price Range AED 295K - AED 1.4M | Avg PSF 758 | Sales 80 | Trend — | |
Asset Class 2 Bed FlatFloors 1-18 | Inventory 76units 4 layouts · Typically 0.1 parking ~7 sqm balcony | Size Range 1,173-1,198sqft | Price Range AED 705K - AED 1.4M | Avg PSF 720 | Sales 15 | Trend — | |
Asset Class 3 Bed FlatFloors 1-19 | Inventory 20units 3 layouts · Typically 0.1 parking 9-37 sqm balcony | Size Range 1,543-1,988sqft | Price Range AED 920K - AED 1.1M | Avg PSF 685 | Sales 6 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 104,430-104,430sqft | Price Range AED 25.7M - AED 41.3M | Avg PSF 322 | Sales 2 | Trend — | |
Asset Class ShopPodium + Floor 0 | Inventory 10units 5 layouts | Size Range 1,159-2,059sqft | Price Range AED 2.5M - AED 2.5M | Avg PSF 1,414 | Sales 1 | Trend — |
Grouped into 6 asset classes covering 554 units