RED RESIDENCE
ResaleDeveloperM E DEVELOPMENT L.L.C
CommunityDubai Sports City
AreaAl Hebiah Fourth
Started
16 years 7 months ago01-06-2009
Handover
10 years 1 month ago30-11-2015
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 2B+G+22+R 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+6%
GrowthCurrent:AED 832/sqft
Last 12M:AED 785/sqft
Momentum: Last 12Mvs Prior Year
Rising+5%
GrowthLast 12M:AED 785/sqft
Prior Year:AED 751/sqft
Community Compare: Last 90DDubai Sports City
Discount-45%
Below AvgProject:AED 832/sqft
Community:AED 1,519/sqft
Liquidity: Last 12MExit Speed
Moderate15%Turnover
51Sold (Last 12M)
Supply & Demand Matrix
RED 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
32 units
3 sold29 left
9%
Velocity
1 Bedroom
204 units
29 sold175 left
14%
Velocity
2 Bedrooms
96 units
19 sold77 left
20%
Velocity
3 Bedrooms
1 units
0 sold1 left
0%
Velocity
Layouts & Units (333)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-8 | Inventory 32units 2 layouts · Typically 1 parking ~6 sqm balcony | Size Range 205-421sqft | Price Range AED 102K - AED 697K | Avg PSF 847 | Sales 33 | Trend — | |
Asset Class 1 Bed FlatFloors 1-22 | Inventory 204units 15 layouts · Typically 1 parking 5-6 sqm balcony | Size Range 197-1,674sqft | Price Range AED 150K - AED 1.1M | Avg PSF 771 | Sales 141 | Trend — | |
Asset Class 2 Bed FlatFloors 1-22 | Inventory 96units 9 layouts · Typically 1 parking 8-11 sqm balcony | Size Range 279-2,292sqft | Price Range AED 400K - AED 950K | Avg PSF 776 | Sales 55 | Trend — | |
Asset Class 3 Bed FlatFloor 22 | Inventory 1units Typically 1 parking ~215 sqm balcony | Size Range 7,461-7,461sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Villa | Inventory 0units | Size Range 61,330-61,330sqft | Price Range AED 32.1M - AED 32.1M | Avg PSF 963 | Sales 1 | Trend — |
Grouped into 5 asset classes covering 333 units