ARAS Residence
ResaleCommunityMajan
AreaWadi Al Safa 3
Started
5 years 11 months ago22-02-2020
Handover
3 years 7 months ago22-06-2022
Status
CompleteFinished
Project Description
(G+2P+8F+R) Residential building located on plot 6456039 Wadi Al Safa 3.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-9%
DeclineCurrent:AED 981/sqft
Last 12M:AED 1,078/sqft
Momentum: Last 12Mvs Prior Year
Falling-10%
DeclineLast 12M:AED 1,078/sqft
Prior Year:AED 1,197/sqft
Community Compare: Last 90DMajan
Discount-38%
Below AvgProject:AED 1,020/sqft
Community:AED 1,639/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
9Sold (Last 12M)
Supply & Demand Matrix
ARAS Residence 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
38 units
4 sold34 left
11%
Velocity
1 Bedroom
41 units
4 sold37 left
10%
Velocity
2 Bedrooms
16 units
1 sold15 left
6%
Velocity
3 Bedrooms
1 units
0 sold1 left
0%
Velocity
Layouts & Units (96)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-7 | Inventory 38units 8 layouts · Typically 1 parking 6-35 sqm balcony | Size Range 323-668sqft | Price Range AED 475K - AED 620K | Avg PSF 955 | Sales 6 | Trend — | |
Asset Class 1 Bed FlatFloors 1-7 | Inventory 41units 11 layouts · Typically 1 parking 9-43 sqm balcony | Size Range 769-1,198sqft | Price Range AED 800K - AED 1.1M | Avg PSF 827 | Sales 5 | Trend — | |
Asset Class 2 Bed FlatFloors 1-7 | Inventory 16units 6 layouts · Typically 1 parking 27-92 sqm balcony | Size Range 1,176-2,120sqft | Price Range AED 1.1M - AED 1.2M | Avg PSF 754 | Sales 2 | Trend — | |
Asset Class 3 Bed FlatFloor 8 | Inventory 1units Typically 1 parking ~98 sqm balcony | Size Range 2,444-2,449sqft | Price Range — | Avg PSF 700 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 17,874-17,874sqft | Price Range — | Avg PSF 308 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 96 units