BAHWAN RESIDENCE
MatureDeveloperUTMOST PROPERTIES l.l.c
CommunityMeydan Racecourse Community
Started
9 years 8 months ago17-05-2016
Handover
6 years 4 months ago16-09-2019
Status
CompleteFinished
Project Description
1 Residential & Commercial Building 1B+G+4 F+1R
Performance Alpha
Rent Pricing: L12MPer Sqft / Year
AED 657/sqft
Range:AED 317 – AED 833
Avg Unit:AED 103K/yr
Leasing Volume: L12MContracts Signed
Very Active21Total
New:1
Renew:20
Tenant RetentionRenewal Rate
Excellent95%renewals
5% new tenants95% renewals
Avg Annual RentPer Unit
AED 103K/year
Based on 21 contracts
Supply & Demand Matrix
BAHWAN RESIDENCE averaged 0% 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
1 Bedroom
2 units
0 sold2 left
0%
Velocity
2 Bedrooms
13 units
0 sold13 left
0%
Velocity
3 Bedrooms
6 units
0 sold6 left
0%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (22)
| Property Type | Contracts (L12M) | Size Range | Rent Range (PSF) | Avg Rent/Sqft | Avg Annual | |
|---|---|---|---|---|---|---|
Property Type 1bed room+Hallapartment | Contracts 14 | Size Range 137-192sqft | Rent Range 250-526 | Avg Rent/Sqft 348AED | Avg Annual AED 56K | |
Property Type 2 bed rooms+hallapartment | Contracts 104 | Size Range 141-246sqft | Rent Range 285-775 | Avg Rent/Sqft 552AED | Avg Annual AED 82K | |
Property Type 3 bed rooms+hallapartment | Contracts 48 | Size Range 170-171sqft | Rent Range 510-853 | Avg Rent/Sqft 627AED | Avg Annual AED 107K | |
Property Type Shopretail | Contracts 6 | Size Range 198-198sqft | Rent Range 455-833 | Avg Rent/Sqft 522AED | Avg Annual AED 103K |
172 rental contracts grouped into 4 property types