Golf Views

Resale
Started
8 years 6 months ago20-07-2017
Handover
5 years 8 months ago15-05-2020
Status
CompleteFinished
Project Description

PROJECT CONSISTS OF 3 RESIDENTIAL BUILDING (G+P+7, G+P+10 & G+P+11) IN 2 BLOCKS AND 14 x (G+1)TOWN HOUSES LOCATED IN MADINAT AL MATAAR. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Performance Alpha

Sales Performance

Blended: Last 90Dvs Last 12M Baseline
Stable
-2%Decline
Current:AED 1,346/sqft
Last 12M:AED 1,373/sqft
Momentum: Last 12Mvs Prior Year
Rising
+17%Growth
Last 12M:AED 1,373/sqft
Prior Year:AED 1,176/sqft
Community Compare: Last 90DDubai World Central
Discount
-15%Below Avg
Project:AED 1,387/sqft
Community:AED 1,628/sqft
Liquidity: Last 12MExit Speed
Low
8%Turnover
22Sold (Last 12M)

Rental Performance

Rent Pricing: L12MPer Sqft / Year
AED 812/sqft
Range:AED 430AED 1K
Avg Unit:AED 70K/yr
Leasing Volume: L12MContracts Signed
Very Active
208Total
New:98
Renew:110
Tenant RetentionRenewal Rate
Good
53%renewals
47% new tenants53% renewals
Gross YieldAnnual Return
High Yield
60.3%Yield
Rent:AED 812/sqft
Price:AED 1,346/sqft

Supply & Demand Matrix

Golf Views 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
1 Bedroom
108 units
9%
Velocity
2 Bedrooms
134 units
7%
Velocity
3 Bedrooms
44 units
2%
Velocity
4 Bedrooms
2 units
50%
Velocity
Shop
3 units
0%
Velocity

Layouts & Units (291)

Asset Class
1 Bed FlatFloors 1-11
Inventory
108units
18 layouts · Typically 1 parking
4-47 sqm balcony
Size Range
644-1,108sqft
Price Range
AED 430K - AED 1.1M
Avg PSF
1,004
Sales
52
Trend
Asset Class
2 Bed FlatFloors 1-11
Inventory
134units
30 layouts · Typically 1 parking
8-94 sqm balcony
Size Range
497-1,918sqft
Price Range
AED 675K - AED 1.5M
Avg PSF
1,036
Sales
38
Trend
Asset Class
3 Bed FlatPodium + Floors 1-10
Inventory
44units
19 layouts · Typically 2 parking
14-86 sqm balcony
Size Range
768-2,292sqft
Price Range
AED 1.9M - AED 2.5M
Avg PSF
1,108
Sales
4
Trend
Asset Class
4 Bed FlatFloors 7-11
Inventory
2units
2 layouts · Typically 2 parking
~43 sqm balcony
Size Range
2,592-2,602sqft
Price Range
AED 3.0M - AED 3.0M
Avg PSF
1,134
Sales
1
Trend
Asset Class
ShopPodium
Inventory
3units
3 layouts · Typically 3.7 parking
Size Range
928-2,190sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 5 asset classes covering 291 units