MIDTOWN - DANIA

Resale
Started
9 years 2 months ago01-11-2016
Handover
5 years 10 months ago01-03-2020
Status
CompleteFinished
Project Description

PROJECT CONSISTS OF (B+G+16)X 2, (B+G+8)X 1, (B+G+7)X 2 & (B+G+6)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
Rising
+3%
Growth
Current:AED 1,258/sqft
Last 12M:AED 1,224/sqft
Momentum: Last 12Mvs Prior Year
Rising
+9%
Growth
Last 12M:AED 1,224/sqft
Prior Year:AED 1,119/sqft
Community Compare: Last 90DInternational Media Production Zone
At Market
+1%
Above Avg
Project:AED 1,260/sqft
Community:AED 1,244/sqft
Liquidity: Last 12MExit Speed
Low
9%Turnover
52Sold (Last 12M)

Supply & Demand Matrix

MIDTOWN - DANIA averaged 9% 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
131 units
10%
Velocity
1 Bedroom
295 units
8%
Velocity
2 Bedrooms
143 units
10%
Velocity
3 Bedrooms
10 units
0%
Velocity
Shop
12 units
0%
Velocity

Layouts & Units (591)

Asset Class
Studio FlatFloors 1-16
Inventory
131units
9 layouts · Typically 1 parking
3-23 sqm balcony
Size Range
213-732sqft
Price Range
AED 350K - AED 585K
Avg PSF
1,048
Sales
25
Trend
Asset Class
1 Bed FlatFloors 1-16
Inventory
295units
32 layouts · Typically 1 parking
4-31 sqm balcony
Size Range
321-1,044sqft
Price Range
AED 520K - AED 924K
Avg PSF
971
Sales
78
Trend
Asset Class
2 Bed FlatFloors 1-16
Inventory
143units
21 layouts · Typically 1 parking
6-45 sqm balcony
Size Range
549-1,488sqft
Price Range
AED 550K - AED 1.6M
Avg PSF
855
Sales
32
Trend
Asset Class
3 Bed FlatFloors 5-7
Inventory
10units
5 layouts · Typically 2 parking
17-18 sqm balcony
Size Range
1,669-1,673sqft
Price Range
AED 1.6M - AED 1.7M
Avg PSF
800
Sales
2
Trend
Asset Class
ShopPodium
Inventory
12units
12 layouts · Typically 1.8 parking
Size Range
348-3,054sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 5 asset classes covering 591 units