PRIME RESIDENCY1
ResaleDeveloperPRESCOTT INVESTMENTS LIMITED
CommunityInternational City Phase 1
AreaAl Warsan First
Started
17 years 4 months ago09-09-2008
Handover
15 years ago26-12-2010
Status
CompleteFinished
Project Description
Freehold residential development located in Al Warsan 1st. The building is designed to be B+G+4 storey. The building is designed to be built out of concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+11%
GrowthCurrent:AED 781/sqft
Last 12M:AED 704/sqft
Momentum: Last 12Mvs Prior Year
Rising+18%
GrowthLast 12M:AED 704/sqft
Prior Year:AED 597/sqft
Community Compare: Last 90DInternational City Phase 1
Discount-5%
Below AvgProject:AED 781/sqft
Community:AED 820/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
20Sold (Last 12M)
Supply & Demand Matrix
PRIME RESIDENCY1 averaged 11% 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
1 Bedroom
108 units
15 sold93 left
14%
Velocity
2 Bedrooms
56 units
5 sold51 left
9%
Velocity
Shop
10 units
0 sold10 left
0%
Velocity
Layouts & Units (174)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-4 | Inventory 108units 46 layouts · Typically 1 parking 2-13 sqm balcony | Size Range 584-1,037sqft | Price Range AED 200K - AED 653K | Avg PSF 696 | Sales 209 | Trend — | |
Asset Class 2 Bed FlatFloors 1-4 | Inventory 56units 27 layouts · Typically 1 parking 3-10 sqm balcony | Size Range 911-1,302sqft | Price Range AED 280K - AED 984K | Avg PSF 675 | Sales 90 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 59,610-59,610sqft | Price Range — | Avg PSF 330 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 10units 10 layouts · Typically 1.6 parking | Size Range 755-2,704sqft | Price Range AED 430K - AED 2.4M | Avg PSF 607 | Sales 19 | Trend — |
Grouped into 4 asset classes covering 174 units