Arisha Terraces

Off-Plan

DeveloperQUBE DEVELOPMENT L.L.C

CommunityDubai Studio City

AreaAl Hebiah Second

Started

1 year 3 months ago01-10-2024

Handover

In 1 year 8 months01-10-2027

Status

8% BuiltIn Progress

Project Description

Arisha Terraces 1 . Project Description: B+G+8 2. Project Owner & ID: Qube DevelopmentLLC / 1692 3. Total Number of Buildings: 4 4. Estimated Contract Value: 165,480,000 AED 5. Estimate Land Value: 49,101 , 306 AED 6. Construction Status: Not Started 7. Commencement Date: 01 October 2024 8. Completion Date: 01 October 2027 9. Contractor: KDI Contracting L.L.C 1 0. Number of Units: 419 1 1 . Estimated Built Up Area: 614,254.33 Sqft

Performance Alpha

Developer Sales: Last 90Dvs Last 12M Baseline

Stable

+2%

Growth

Current:AED 1,590/sqft

Last 12M:AED 1,566/sqft

Momentum: Last 12Mvs Prior Year

Stable

-1%

Decline

Last 12M:AED 1,566/sqft

Prior Year:AED 1,585/sqft

Community Compare: Last 90DDubai Studio City

At Market

+2%

Above Avg

Project:AED 1,590/sqft

Community:AED 1,554/sqft

Layouts & Units (420)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class Studio FlatFloors 1-8	Inventory 116units 84 layouts · Typically 1 parking 5-17 sqm balcony	Size Range 343-581sqft	Price Range AED 558K - AED 889K	Avg PSF 1,660	Sales 85	Trend —

Asset Class 1 Bed FlatFloors 1-8	Inventory 230units 166 layouts · Typically 1 parking 5-71 sqm balcony	Size Range 523-1,421sqft	Price Range AED 768K - AED 1.5M	Avg PSF 1,529	Sales 138	Trend —

Asset Class 2 Bed FlatFloors 1-8	Inventory 68units 62 layouts · Typically 1 parking 6-61 sqm balcony	Size Range 1,035-1,582sqft	Price Range AED 1.5M - AED 2.0M	Avg PSF 1,467	Sales 23	Trend —

Asset Class Land	Inventory 0units	Size Range 65,478-65,478sqft	Price Range —	Avg PSF 353	Sales 0	Trend —

Asset Class ShopPodium	Inventory 6units 6 layouts · Typically 1 parking	Size Range 819-1,715sqft	Price Range —	Avg PSF —	Sales 0	Trend —

Grouped into 5 asset classes covering 420 units