Prime Views

Resale
Started
8 years 3 months ago01-10-2017
Handover
5 years 8 months ago30-04-2020
Status
CompleteFinished
Project Description

G+4+R- Meydan Residential Building with internal and external finishes.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Rising
+5%
Growth
Current:AED 1,590/sqft
Last 12M:AED 1,510/sqft
Momentum: Last 12Mvs Prior Year
Rising
+8%
Growth
Last 12M:AED 1,510/sqft
Prior Year:AED 1,396/sqft
Community Compare: Last 90DMeydan Racecourse Community
Discount
-16%
Below Avg
Project:AED 1,575/sqft
Community:AED 1,867/sqft
Liquidity: Last 12MExit Speed
Low
6%Turnover
9Sold (Last 12M)

Supply & Demand Matrix

Prime Views averaged 6% 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
133 units
7%
Velocity
2 Bedrooms
18 units
0%
Velocity
Shop
2 units
0%
Velocity

Layouts & Units (153)

Asset Class
1 Bed FlatFloors 1-4
Inventory
133units
112 layouts · Typically 1 parking
5-50 sqm balcony
Size Range
631-1,158sqft
Price Range
AED 584K - AED 1.5M
Avg PSF
1,185
Sales
45
Trend
Asset Class
2 Bed FlatFloors 1-4
Inventory
18units
18 layouts · Typically 1 parking
6-99 sqm balcony
Size Range
1,087-2,152sqft
Price Range
AED 1.4M - AED 2.0M
Avg PSF
1,094
Sales
3
Trend
Asset Class
Building
Inventory
0units
Size Range
15,000-15,000sqft
Price Range
Avg PSF
650
Sales
0
Trend
Asset Class
ShopPodium
Inventory
2units
2 layouts · Typically 1.5 parking
Size Range
2,045-2,630sqft
Price Range
Avg PSF
1,274
Sales
0
Trend

Grouped into 4 asset classes covering 153 units