MADISON RESIDENCE
MatureDeveloperDAMAC DEVELOPMENT(L L C)
CommunityMajan
AreaWadi Al Safa 3
Started
15 years 9 months ago01-04-2010
Handover
12 years 4 months ago25-09-2013
Status
CompleteFinished
Project Description
Madison Park is freehold residential development located in Nad Al Shiba - Mizin. The Project comprises of 2 low rise buildings (2 & 4 storey height), Columbus & Astor.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Stable-2%
DeclineCurrent:AED 854/sqft
Last 12M:AED 871/sqft
Momentum: Last 12Mvs Prior Year
Rising+18%
GrowthLast 12M:AED 871/sqft
Prior Year:AED 736/sqft
Community Compare: Last 90DMajan
Discount-48%
Below AvgProject:AED 854/sqft
Community:AED 1,639/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
11Sold (Last 12M)
Supply & Demand Matrix
MADISON 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
99 units
10 sold89 left
10%
Velocity
1 Bedroom
15 units
0 sold15 left
0%
Velocity
2 Bedrooms
3 units
0 sold3 left
0%
Velocity
Shop
6 units
1 sold5 left
17%
Velocity
Layouts & Units (123)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-3 | Inventory 99units 33 layouts · Typically 1 parking 4-19 sqm balcony | Size Range 452-780sqft | Price Range AED 205K - AED 1.1M | Avg PSF 969 | Sales 69 | Trend — | |
Asset Class 1 Bed FlatFloors 1-3 | Inventory 15units 10 layouts · Typically 1 parking 8-69 sqm balcony | Size Range 627-1,609sqft | Price Range AED 450K - AED 1.1M | Avg PSF 854 | Sales 18 | Trend — | |
Asset Class 2 Bed FlatFloors 1-3 | Inventory 3units 2 layouts · Typically 1 parking 13-22 sqm balcony | Size Range 1,149-1,273sqft | Price Range AED 600K - AED 780K | Avg PSF 594 | Sales 3 | Trend — | |
Asset Class ShopPodium | Inventory 6units 6 layouts · Typically 1.2 parking | Size Range 652-1,907sqft | Price Range AED 325K - AED 1.7M | Avg PSF 731 | Sales 5 | Trend — |
Grouped into 4 asset classes covering 123 units