MIDTOWN - NOOR
ResaleDeveloperDEYAAR DEVELOPMENT (P.J.S.C)
CommunityInternational Media Production Zone
AreaMe'Aisem First
Started
5 years 10 months ago29-02-2020
Handover
2 years 10 months ago28-02-2023
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF (G+9+R)X 3, (G+16+R)X 1 & (G+7+R)X 3 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
Stable+1%
GrowthCurrent:AED 1,310/sqft
Last 12M:AED 1,298/sqft
Momentum: Last 12Mvs Prior Year
Rising+5%
GrowthLast 12M:AED 1,298/sqft
Prior Year:AED 1,235/sqft
Community Compare: Last 90DInternational Media Production Zone
Premium+6%
Above AvgProject:AED 1,322/sqft
Community:AED 1,244/sqft
Liquidity: Last 12MExit Speed
Low5%Turnover
30Sold (Last 12M)
Supply & Demand Matrix
MIDTOWN - NOOR averaged 5% 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
68 units
5 sold63 left
7%
Velocity
1 Bedroom
388 units
19 sold369 left
5%
Velocity
2 Bedrooms
127 units
6 sold121 left
5%
Velocity
3 Bedrooms
10 units
0 sold10 left
0%
Velocity
Shop
13 units
0 sold13 left
0%
Velocity
Layouts & Units (606)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-16 | Inventory 68units 16 layouts · Typically 1 parking 3-23 sqm balcony | Size Range 428-868sqft | Price Range AED 525K - AED 620K | Avg PSF 1,206 | Sales 7 | Trend — | |
Asset Class 1 Bed FlatFloors 1-16 | Inventory 388units 42 layouts · Typically 1 parking 4-31 sqm balcony | Size Range 73-1,050sqft | Price Range AED 735K - AED 1.1M | Avg PSF 1,135 | Sales 28 | Trend — | |
Asset Class 2 Bed FlatFloors 1-16 | Inventory 127units 27 layouts · Typically 1 parking 5-43 sqm balcony | Size Range 996-1,515sqft | Price Range AED 1.3M - AED 1.7M | Avg PSF 1,041 | Sales 7 | Trend — | |
Asset Class 3 Bed FlatFloors 5-7 | Inventory 10units 5 layouts · Typically 2 parking 21-22 sqm balcony | Size Range 1,800-1,805sqft | Price Range — | Avg PSF 1,012 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 13units 12 layouts · Typically 2.1 parking | Size Range 374-2,726sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 606 units