MODELUX TOWER 1
ResaleCommunityInternational City Phase 3
AreaWarsan Fourth
Started
11 years 1 month ago15-12-2014
Handover
8 years 4 months ago04-09-2017
Status
CompleteFinished
Project Description
PROPOSED B+G+6+ROOF FLOORS, RESIDENTIAL AT WARSAN FOURTH, DUBAI. BUILDING CONSIST OF CONCRETE STRUCTURE WITH INTERNAL AND EXTERNAL FINISHES
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable0%
GrowthCurrent:AED 882/sqft
Last 12M:AED 879/sqft
Momentum: Last 12Mvs Prior Year
Rising+22%
GrowthLast 12M:AED 879/sqft
Prior Year:AED 720/sqft
Community Compare: Last 90DInternational City Phase 3
Discount-12%
Below AvgProject:AED 925/sqft
Community:AED 1,049/sqft
Liquidity: Last 12MExit Speed
Moderate13%Turnover
11Sold (Last 12M)
Supply & Demand Matrix
MODELUX TOWER 1 averaged 13% 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
Studio
75 units
9 sold66 left
12%
Velocity
1 Bedroom
3 units
0 sold3 left
0%
Velocity
2 Bedrooms
7 units
2 sold5 left
29%
Velocity
Layouts & Units (85)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-5 | Inventory 75units 24 layouts · Typically 1 parking 5-11 sqm balcony | Size Range 449-634sqft | Price Range AED 200K - AED 490K | Avg PSF 733 | Sales 62 | Trend — | |
Asset Class 1 Bed FlatFloor 6 | Inventory 3units 3 layouts · Typically 1 parking 18-37 sqm balcony | Size Range 863-1,086sqft | Price Range AED 590K - AED 730K | Avg PSF 688 | Sales 2 | Trend — | |
Asset Class 2 Bed FlatFloors 1-6 | Inventory 7units 4 layouts · Typically 1 parking 8-20 sqm balcony | Size Range 825-946sqft | Price Range AED 425K - AED 850K | Avg PSF 658 | Sales 6 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 577-577sqft | Price Range — | Avg PSF 3,466 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 85 units