URBANA III

Resale
Started
8 years 5 months ago12-08-2017
Handover
5 years 7 months ago31-05-2020
Status
CompleteFinished
Project Description

Project consists of several combined plexes on ground and first floor in two sizes of four and eight residential townhomes totaling 372 units. Project is constructed in concrete structure with its Internal and External finishes.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Rising
+4%
Growth
Current:AED 1,166/sqft
Last 12M:AED 1,119/sqft
Momentum: Last 12Mvs Prior Year
Rising
+27%
Growth
Last 12M:AED 1,119/sqft
Prior Year:AED 884/sqft
Community Compare: Last 90DDubai World Central
Discount
-28%
Below Avg
Project:AED 1,166/sqft
Community:AED 1,628/sqft
Liquidity: Last 12MExit Speed
Low
8%Turnover
31Sold (Last 12M)

Supply & Demand Matrix

URBANA III 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
2 Bedrooms
262 units
9%
Velocity
3 Bedrooms
110 units
7%
Velocity

Layouts & Units (372)

Asset Class
2 Bed FlatPodium + Floor 1
Inventory
262units
64 layouts · Typically 2 parking
8-113 sqm balcony
Size Range
609-2,299sqft
Price Range
AED 750K - AED 1.8M
Avg PSF
831
Sales
73
Trend
Asset Class
3 Bed FlatPodium
Inventory
110units
107 layouts · Typically 2 parking
79-325 sqm balcony
Size Range
1,178-4,719sqft
Price Range
AED 1.1M - AED 2.5M
Avg PSF
556
Sales
28
Trend

Grouped into 2 asset classes covering 372 units

URBANA III in Dubai World Central - Prices and Units | Property Index