EQUITI APARTMENTS

Resale
Started
4 years 9 months ago10-04-2021
Handover
3 years ago31-12-2022
Status
CompleteFinished
Project Description

RESIDENTIAL BUILDING WITH RETAIL IN GROUND FLOOR (B+G+2P+7+R)

Performance Alpha

Sales Performance

Blended: Last 90Dvs Last 12M Baseline
Falling
-15%Decline
Current:AED 756/sqft
Last 12M:AED 892/sqft
Momentum: Last 12Mvs Prior Year
Rising
+12%Growth
Last 12M:AED 892/sqft
Prior Year:AED 800/sqft
Community Compare: Last 90DInternational City Phase 3
Discount
-16%Below Avg
Project:AED 878/sqft
Community:AED 1,049/sqft
Liquidity: Last 12MExit Speed
Low
5%Turnover
7Sold (Last 12M)

Rental Performance

Rent Pricing: L12MPer Sqft / Year
AED 760/sqft
Range:AED 75AED 2K
Avg Unit:AED 48K/yr
Leasing Volume: L12MContracts Signed
Very Active
89Total
New:70
Renew:19
Tenant RetentionRenewal Rate
Fair
21%renewals
79% new tenants21% renewals
Gross YieldAnnual Return
High Yield
100.5%Yield
Rent:AED 760/sqft
Price:AED 756/sqft

Supply & Demand Matrix

EQUITI APARTMENTS averaged 5% 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
35 units
11%
Velocity
1 Bedroom
90 units
2%
Velocity
2 Bedrooms
7 units
14%
Velocity
Shop
3 units
0%
Velocity

Layouts & Units (135)

Asset Class
Studio FlatFloors 1-7
Inventory
35units
10 layouts · Typically 1 parking
10-26 sqm balcony
Size Range
320-645sqft
Price Range
AED 380K - AED 460K
Avg PSF
940
Sales
5
Trend
Asset Class
1 Bed FlatFloors 1-7
Inventory
90units
23 layouts · Typically 1 parking
9-69 sqm balcony
Size Range
651-1,312sqft
Price Range
AED 570K - AED 722K
Avg PSF
813
Sales
12
Trend
Asset Class
2 Bed FlatFloors 1-7
Inventory
7units
2 layouts · Typically 1 parking
6-14 sqm balcony
Size Range
1,024-1,106sqft
Price Range
AED 1.0M - AED 1.0M
Avg PSF
848
Sales
1
Trend
Asset Class
Land
Inventory
0units
Size Range
28,864-28,864sqft
Price Range
Avg PSF
280
Sales
0
Trend
Asset Class
ShopPodium
Inventory
3units
3 layouts · Typically 1 parking
Size Range
816-945sqft
Price Range
Avg PSF
713
Sales
0
Trend

Grouped into 5 asset classes covering 135 units