The Galleries
MatureCommunityMeydan Racecourse Community
Started
10 years 4 months ago01-09-2015
Handover
6 years 11 months ago04-02-2019
Status
CompleteFinished
Project Description
Proposed G+4+ Roof Residential Commercial Building, Plot no. 158 (618-3899) At Nadd Al Shiba First, Dubai UAE
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
Rising+9%
GrowthLast 12M:AED 1,490/sqft
Prior Year:AED 1,366/sqft
Community Compare: Last 90DMeydan Racecourse Community
—No recent sales
Liquidity: Last 12MExit Speed
Moderate10%Turnover
5Sold (Last 12M)
Supply & Demand Matrix
The Galleries 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
14 units
2 sold12 left
14%
Velocity
2 Bedrooms
31 units
3 sold28 left
10%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (48)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-4 | Inventory 14units 13 layouts · Typically 1 parking 6-22 sqm balcony | Size Range 786-1,001sqft | Price Range AED 765K - AED 1.7M | Avg PSF 1,074 | Sales 12 | Trend — | |
Asset Class 2 Bed FlatFloors 1-4 | Inventory 31units 23 layouts · Typically 1.2 parking 6-89 sqm balcony | Size Range 1,299-2,402sqft | Price Range AED 651K - AED 3.2M | Avg PSF 863 | Sales 49 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 15,000-15,000sqft | Price Range — | Avg PSF 625 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 3units 3 layouts · Typically 1.7 parking | Size Range 1,018-1,228sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 4 asset classes covering 48 units