Q - Zone (Qpoint - Phase III) MU007
MatureCommunityLiwan1
AreaWadi Al Safa 2
Started
7 years 11 months ago01-02-2018
Handover
6 years 7 months ago24-06-2019
Status
CompleteFinished
Project Description
Freehold residential development located in Wadi Al Safa 2 - Dubai. The building is designed and constructed as a G + P + 8 Concrete structure with external and internal finishing.
Performance Alpha
Rent Pricing: L12MPer Sqft / Year
AED 792/sqft
Range:AED 530 – AED 7K
Avg Unit:AED 52K/yr
Leasing Volume: L12MContracts Signed
Very Active173Total
New:44
Renew:129
Tenant RetentionRenewal Rate
Excellent75%renewals
25% new tenants75% renewals
Avg Annual RentPer Unit
AED 52K/year
Based on 173 contracts
Supply & Demand Matrix
Q - Zone (Qpoint - Phase III) MU007 averaged 0% 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
48 units
0 sold48 left
0%
Velocity
1 Bedroom
112 units
0 sold112 left
0%
Velocity
2 Bedrooms
16 units
0 sold16 left
0%
Velocity
Layouts & Units (176)
| Property Type | Contracts (L12M) | Size Range | Rent Range (PSF) | Avg Rent/Sqft | Avg Annual | |
|---|---|---|---|---|---|---|
Property Type Studioapartment | Contracts 255 | Size Range 44-52sqft | Rent Range 115-1,136 | Avg Rent/Sqft 659AED | Avg Annual AED 32K | |
Property Type 1bed room+Hallapartment | Contracts 574 | Size Range 63-73sqft | Rent Range 55-6,738 | Avg Rent/Sqft 619AED | Avg Annual AED 43K | |
Property Type 2 bed rooms+hallapartment | Contracts 88 | Size Range 109-115sqft | Rent Range 452-783 | Avg Rent/Sqft 535AED | Avg Annual AED 60K |
917 rental contracts grouped into 3 property types