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Park ville 07

Mature
DeveloperDAR AL MUMTAZ REAL ESTATE DEVELOPMENT L.L.C
CommunityInternational City Phase 3
AreaWarsan Fourth
Started
9 years 6 months ago13-07-2016
Handover
6 years 10 months ago25-03-2019
Status
CompleteFinished
Project Description

Freehold Residential building development located at International city-Warsan Forth-Dubai.The Building is designed to have (G+P+5+R ) story high. The building is formed and constructed as concrete structure with internal and external finishes.

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline
Falling
-3%
Decline
Current:AED 730/sqft
Last 12M:AED 750/sqft
Momentum: Last 12Mvs Prior Year
Rising
+6%
Growth
Last 12M:AED 750/sqft
Prior Year:AED 707/sqft
Community Compare: Last 90DInternational City Phase 3
Discount
-30%
Below Avg
Project:AED 730/sqft
Community:AED 1,049/sqft
Liquidity: Last 12MExit Speed
Moderate
11%Turnover
9Sold (Last 12M)

Supply & Demand Matrix

Park ville 07 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
Studio
53 units
9%
Velocity
1 Bedroom
26 units
15%
Velocity
2 Bedrooms
5 units
0%
Velocity

Layouts & Units (84)

Asset Class
Studio FlatPodium + Floors 1-4
Inventory
53units
32 layouts · Typically 1 parking
4-21 sqm balcony
Size Range
220-673sqft
Price Range
AED 200K - AED 500K
Avg PSF
606
Sales
52
Trend
—
Asset Class
1 Bed FlatFloors 1-5
Inventory
26units
16 layouts · Typically 1 parking
10-40 sqm balcony
Size Range
796-1,160sqft
Price Range
AED 400K - AED 750K
Avg PSF
561
Sales
30
Trend
—
Asset Class
2 Bed FlatFloor 5
Inventory
5units
5 layouts · Typically 1 parking
31-89 sqm balcony
Size Range
1,152-2,216sqft
Price Range
AED 500K - AED 695K
Avg PSF
478
Sales
4
Trend
—

Grouped into 3 asset classes covering 84 units