LIVING LEGENDS PHASE 7
HandoverCommunityLiving Legends
AreaWadi Al Safa 3
Started
14 years 7 months ago01-06-2011
Handover
4 years 3 months ago30-09-2021
Status
92% BuiltIn Progress
Project Description
Freehold developments consist of 3 residential building Located in Nad al shiba/ Dubai land. All the buildings are designed to be constructed as follows: HERCULES-R10:B+G+11, CLEOPATRA-R11:B+G+12 & ALADDIN-R12:B+G+14 All buildings of concrete structure with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+5%
GrowthCurrent:AED 871/sqft
Last 12M:AED 831/sqft
Momentum: Last 12Mvs Prior Year
Rising+12%
GrowthLast 12M:AED 831/sqft
Prior Year:AED 741/sqft
Community Compare: Last 90DLiving Legends
Discount-26%
Below AvgProject:AED 871/sqft
Community:AED 1,182/sqft
Liquidity: Last 12MExit Speed
Low5%Turnover
17Sold (Last 12M)
Supply & Demand Matrix
LIVING LEGENDS PHASE 7 averaged 5% liquidity over the last 12 months, which is considered low. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
Studio
67 units
1 sold66 left
1%
Velocity
1 Bedroom
82 units
4 sold78 left
5%
Velocity
2 Bedrooms
93 units
5 sold88 left
5%
Velocity
3 Bedrooms
82 units
7 sold75 left
9%
Velocity
4 Bedrooms
19 units
0 sold19 left
0%
Velocity
Layouts & Units (343)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-4 | Inventory 67units 41 layouts · Typically 1 parking 6-28 sqm balcony | Size Range 28-1,145sqft | Price Range AED 40K - AED 575K | Avg PSF 716 | Sales 83 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-13 | Inventory 82units 22 layouts · Typically 1 parking 15-37 sqm balcony | Size Range 710-1,254sqft | Price Range AED 405K - AED 1.2M | Avg PSF 718 | Sales 97 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-13 | Inventory 93units 39 layouts · Typically 1 parking 7-73 sqm balcony | Size Range 489-1,840sqft | Price Range AED 391K - AED 1.3M | Avg PSF 646 | Sales 107 | Trend — | |
Asset Class 3 Bed FlatFloors 2-13 | Inventory 82units 14 layouts · Typically 1.4 parking 20-27 sqm balcony | Size Range 22-3,646sqft | Price Range AED 10K - AED 1.8M | Avg PSF 672 | Sales 110 | Trend — | |
Asset Class 4 Bed FlatFloors 9-14 | Inventory 19units 15 layouts · Typically 1.5 parking 46-461 sqm balcony | Size Range 3,886-10,740sqft | Price Range AED 1.6M - AED 3.6M | Avg PSF 572 | Sales 23 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 221,756-253,808sqft | Price Range AED 6.0M - AED 31.0M | Avg PSF 115 | Sales 2 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 850-55,534sqft | Price Range — | Avg PSF 1,656 | Sales 0 | Trend — |
Grouped into 7 asset classes covering 343 units