Azizi Gardens
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityMeydan Racecourse Community
Started
7 years 11 months ago01-02-2018
Handover
2 years 1 month ago11-12-2023
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 2B+G+4+R RESIDENTIAL APARTMENTS AND RETAIL LOCATED IN AL NAD AL SHIBA FIRST. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-6%
DeclineCurrent:AED 1,577/sqft
Last 12M:AED 1,672/sqft
Momentum: Last 12Mvs Prior Year
Rising+3%
GrowthLast 12M:AED 1,672/sqft
Prior Year:AED 1,619/sqft
Community Compare: Last 90DMeydan Racecourse Community
Discount-16%
Below AvgProject:AED 1,577/sqft
Community:AED 1,867/sqft
Liquidity: Last 12MExit Speed
High20%Turnover
16Sold (Last 12M)
Supply & Demand Matrix
Azizi Gardens averaged 20% liquidity over the last 12 months, which is considered high. 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
46 units
14 sold32 left
30%
Velocity
2 Bedrooms
31 units
2 sold29 left
6%
Velocity
Shop
5 units
0 sold5 left
0%
Velocity
Layouts & Units (82)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-4 | Inventory 46units 29 layouts · Typically 1 parking 4-24 sqm balcony | Size Range 422-748sqft | Price Range AED 550K - AED 950K | Avg PSF 1,419 | Sales 17 | Trend — | |
Asset Class 2 Bed FlatFloors 1-4 | Inventory 31units 18 layouts · Typically 1 parking 3-26 sqm balcony | Size Range 571-814sqft | Price Range AED 880K - AED 1.1M | Avg PSF 1,365 | Sales 7 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 25,000-25,000sqft | Price Range AED 12.5M - AED 12.5M | Avg PSF 500 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 407-661sqft | Price Range — | Avg PSF 15,699 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 5units 5 layouts · Typically 0.4 parking | Size Range 407-647sqft | Price Range — | Avg PSF 2,855 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 82 units