MIDTOWN - MESK
MatureDeveloperDEYAAR DEVELOPMENT (P.J.S.C)
CommunityInternational Media Production Zone
AreaMe'Aisem First
Started
5 years 10 months ago29-02-2020
Handover
3 years 4 months ago31-08-2022
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF (G+16+R)X 1 & (G+7+R)X 3 RESIDENTIAL APARTMENTS + RETAILS LOCATED IN ME'AISEM FIRST. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Stable+1%
GrowthCurrent:AED 1,305/sqft
Last 12M:AED 1,290/sqft
Momentum: Last 12Mvs Prior Year
Rising+13%
GrowthLast 12M:AED 1,290/sqft
Prior Year:AED 1,146/sqft
Community Compare: Last 90DInternational Media Production Zone
At Market+2%
Above AvgProject:AED 1,269/sqft
Community:AED 1,244/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
29Sold (Last 12M)
Supply & Demand Matrix
MIDTOWN - MESK averaged 10% 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
17 units
0 sold17 left
0%
Velocity
1 Bedroom
73 units
15 sold58 left
21%
Velocity
2 Bedrooms
175 units
14 sold161 left
8%
Velocity
3 Bedrooms
10 units
0 sold10 left
0%
Velocity
Shop
7 units
0 sold7 left
0%
Velocity
Layouts & Units (282)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-16 | Inventory 17units 4 layouts · Typically 1 parking 4-23 sqm balcony | Size Range 458-788sqft | Price Range — | Avg PSF 1,115 | Sales 0 | Trend — | |
Asset Class 1 Bed FlatFloors 1-16 | Inventory 73units 16 layouts · Typically 1 parking 6-31 sqm balcony | Size Range 394-1,120sqft | Price Range AED 770K - AED 1.3M | Avg PSF 1,032 | Sales 29 | Trend — | |
Asset Class 2 Bed FlatFloors 1-16 | Inventory 175units 27 layouts · Typically 1 parking 5-59 sqm balcony | Size Range 1,040-1,587sqft | Price Range AED 1.1M - AED 1.7M | Avg PSF 1,034 | Sales 29 | Trend — | |
Asset Class 3 Bed FlatFloors 5-7 | Inventory 10units 4 layouts · Typically 2 parking 21-22 sqm balcony | Size Range 1,802-1,806sqft | Price Range AED 2.1M - AED 2.1M | Avg PSF 983 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 7units 7 layouts · Typically 3 parking | Size Range 755-9,222sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 282 units