The 50
MatureDeveloperTRIGONO DEVELOPMENTS L.L.C
CommunityMajan
AreaWadi Al Safa 3
Started
9 years 6 months ago29-06-2016
Handover
5 years 5 months ago31-07-2020
Status
CompleteFinished
Project Description
The 50 is a residential building (2B+G+10F+R) in Al Majan, Dubai.
Performance Alpha
Sales Performance
Market Sales: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DMajan
Discount-33%Below Avg
Project:AED 1,103/sqft
Community:AED 1,639/sqft
Liquidity: Last 12MExit Speed
Moderate13%Turnover
8Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 609/sqft
Range:AED 402 – AED 976
Avg Unit:AED 68K/yr
Leasing Volume: L12MContracts Signed
Active26Total
New:18
Renew:8
Tenant RetentionRenewal Rate
Fair31%renewals
69% new tenants31% renewals
Avg Annual RentPer Unit
AED 68K/year
Based on 26 contracts
Supply & Demand Matrix
The 50 averaged 13% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
40 units
7 sold33 left
18%
Velocity
2 Bedrooms
20 units
1 sold19 left
5%
Velocity
Layouts & Units (60)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-10 | Inventory 40units 4 layouts · Typically 1 parking ~15 sqm balcony | Size Range 880-923sqft | Price Range AED 950K - AED 1.1M | Avg PSF 1,124 | Sales 7 | Trend — | |
Asset Class 2 Bed FlatFloors 1-10 | Inventory 20units 4 layouts · Typically 1 parking ~46 sqm balcony | Size Range 1,760-1,766sqft | Price Range AED 1.8M - AED 1.8M | Avg PSF 1,022 | Sales 1 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 17,873-17,873sqft | Price Range AED 6.3M - AED 6.3M | Avg PSF 352 | Sales 1 | Trend — |
Grouped into 3 asset classes covering 60 units