Easy18
MatureDeveloperTOWNX REAL ESTATE DEVELOPMENT L.L.C
CommunityInternational City Phase 3
AreaWarsan Fourth
Started
8 years 8 months ago01-05-2017
Handover
6 years 5 months ago31-07-2019
Status
CompleteFinished
Project Description
One residential building consisting of 109 apartments (B+G+5+R)
Performance Alpha
Sales Performance
Market Sales: Last 90Dvs Last 12M Baseline
Falling-7%Decline
Current:AED 1,014/sqft
Last 12M:AED 1,086/sqft
Momentum: Last 12Mvs Prior Year
Rising+10%Growth
Last 12M:AED 1,086/sqft
Prior Year:AED 989/sqft
Community Compare: Last 90DInternational City Phase 3
Discount-3%Below Avg
Project:AED 1,014/sqft
Community:AED 1,049/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
9Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 975/sqft
Range:AED 570 – AED 1K
Avg Unit:AED 38K/yr
Leasing Volume: L12MContracts Signed
Very Active76Total
New:48
Renew:28
Tenant RetentionRenewal Rate
Fair37%renewals
63% new tenants37% renewals
Gross YieldAnnual Return
High Yield96.2%Yield
Rent:AED 975/sqft
Price:AED 1,014/sqft
Supply & Demand Matrix
Easy18 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
Studio
84 units
7 sold77 left
8%
Velocity
1 Bedroom
25 units
2 sold23 left
8%
Velocity
Layouts & Units (109)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-5 | Inventory 84units 16 layouts · Typically 1 parking 4-34 sqm balcony | Size Range 319-684sqft | Price Range AED 230K - AED 415K | Avg PSF 858 | Sales 78 | Trend — | |
Asset Class 1 Bed FlatFloors 1-5 | Inventory 25units 12 layouts · Typically 1 parking 4-72 sqm balcony | Size Range 536-1,324sqft | Price Range AED 280K - AED 1.0M | Avg PSF 695 | Sales 31 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 25,130-25,130sqft | Price Range AED 3.9M - AED 3.9M | Avg PSF 154 | Sales 1 | Trend — |
Grouped into 3 asset classes covering 109 units