MIDTOWN - AFNAN
ResaleDeveloperDEYAAR DEVELOPMENT (P.J.S.C)
CommunityInternational Media Production Zone
AreaMe'Aisem First
Started
9 years 8 months ago01-05-2016
Handover
6 years 3 months ago24-10-2019
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF (B+G+M+16+R)X 2, (B+G+M+8+R)X 2 & (B+G+7+R)X 1 RESIDENTIAL APARTMENTS LOCATED IN ME'AISEM FIRST. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-12%
DeclineCurrent:AED 959/sqft
Last 12M:AED 1,092/sqft
Momentum: Last 12Mvs Prior Year
Rising+13%
GrowthLast 12M:AED 1,092/sqft
Prior Year:AED 967/sqft
Community Compare: Last 90DInternational Media Production Zone
Discount-20%
Below AvgProject:AED 991/sqft
Community:AED 1,244/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
77Sold (Last 12M)
Supply & Demand Matrix
MIDTOWN - AFNAN 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
132 units
18 sold114 left
14%
Velocity
1 Bedroom
374 units
48 sold326 left
13%
Velocity
2 Bedrooms
143 units
10 sold133 left
7%
Velocity
3 Bedrooms
10 units
1 sold9 left
10%
Velocity
Shop
18 units
0 sold18 left
0%
Velocity
Layouts & Units (677)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-16 | Inventory 132units 9 layouts · Typically 1 parking 3-23 sqm balcony | Size Range 213-736sqft | Price Range AED 6K - AED 570K | Avg PSF 939 | Sales 55 | Trend — | |
Asset Class 1 Bed FlatFloors 1-16 | Inventory 374units 36 layouts · Typically 1 parking 4-32 sqm balcony | Size Range 311-1,046sqft | Price Range AED 12K - AED 950K | Avg PSF 940 | Sales 123 | Trend — | |
Asset Class 2 Bed FlatFloors 1-16 | Inventory 143units 13 layouts · Typically 1 parking 6-43 sqm balcony | Size Range 484-1,468sqft | Price Range AED 789K - AED 1.4M | Avg PSF 882 | Sales 37 | Trend — | |
Asset Class 3 Bed FlatFloors 5-7 | Inventory 10units 4 layouts · Typically 2 parking 17-18 sqm balcony | Size Range 1,670-2,033sqft | Price Range AED 1.8M - AED 2.0M | Avg PSF 794 | Sales 2 | Trend — | |
Asset Class ShopPodium | Inventory 18units 15 layouts · Typically 1.3 parking | Size Range 331-2,265sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 677 units