Azizi Park Avenue
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityMeydan Racecourse Community
Started
7 years 11 months ago01-02-2018
Handover
2 years ago18-01-2024
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF B+G+4+R RESIDENTIAL COMMERCIAL APARTMENTS .
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+5%
GrowthCurrent:AED 1,508/sqft
Last 12M:AED 1,433/sqft
Momentum: Last 12Mvs Prior Year
Stable-1%
DeclineLast 12M:AED 1,433/sqft
Prior Year:AED 1,453/sqft
Community Compare: Last 90DMeydan Racecourse Community
Discount-19%
Below AvgProject:AED 1,508/sqft
Community:AED 1,867/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
13Sold (Last 12M)
Supply & Demand Matrix
Azizi Park Avenue averaged 10% 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
72 units
12 sold60 left
17%
Velocity
2 Bedrooms
36 units
1 sold35 left
3%
Velocity
Shop
16 units
0 sold16 left
0%
Velocity
Layouts & Units (124)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-4 | Inventory 72units 31 layouts · Typically 1 parking 9-21 sqm balcony | Size Range 662-1,075sqft | Price Range AED 925K - AED 1.1M | Avg PSF 1,330 | Sales 16 | Trend — | |
Asset Class 2 Bed FlatFloors 1-4 | Inventory 36units 27 layouts · Typically 1 parking 10-18 sqm balcony | Size Range 840-967sqft | Price Range AED 1.2M - AED 1.4M | Avg PSF 1,221 | Sales 3 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 20,277-20,277sqft | Price Range AED 12.7M - AED 12.7M | Avg PSF 625 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 716-813sqft | Price Range — | Avg PSF 44,186 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 16units 16 layouts · Typically 1.2 parking | Size Range 357-1,460sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 124 units