THE POLO RESIDENCE
MatureDeveloperIGO PROPERTY DEVELOPMENT L.L.C - FZ
CommunityMeydan Racecourse Community
Started
11 years 3 months ago05-10-2014
Handover
8 years 8 months ago17-05-2017
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF G+4 (29 Buildings) RESIDENTIAL APARTMENTS LOCATED IN DUBAILAND. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Stable-2%
DeclineCurrent:AED 1,468/sqft
Last 12M:AED 1,491/sqft
Momentum: Last 12Mvs Prior Year
Rising+13%
GrowthLast 12M:AED 1,491/sqft
Prior Year:AED 1,325/sqft
Community Compare: Last 90DMeydan Racecourse Community
Discount-21%
Below AvgProject:AED 1,472/sqft
Community:AED 1,867/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
91Sold (Last 12M)
Supply & Demand Matrix
THE POLO RESIDENCE 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
420 units
44 sold376 left
10%
Velocity
2 Bedrooms
404 units
45 sold359 left
11%
Velocity
3 Bedrooms
44 units
2 sold42 left
5%
Velocity
4 Bedrooms
3 units
0 sold3 left
0%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (872)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-3 | Inventory 420units 35 layouts · Typically 1 parking 5-18 sqm balcony | Size Range 265-982sqft | Price Range AED 46K - AED 1.6M | Avg PSF 956 | Sales 305 | Trend — | |
Asset Class 2 Bed FlatFloors 1-4 | Inventory 404units 78 layouts · Typically 1 parking 10-136 sqm balcony | Size Range 445-3,000sqft | Price Range AED 149K - AED 3.4M | Avg PSF 915 | Sales 375 | Trend — | |
Asset Class 3 Bed FlatFloors 1-4 | Inventory 44units 25 layouts · Typically 1.9 parking 19-208 sqm balcony | Size Range 582-4,858sqft | Price Range AED 280K - AED 4.8M | Avg PSF 812 | Sales 30 | Trend — | |
Asset Class 4 Bed FlatFloor 4 | Inventory 3units 3 layouts · Typically 2 parking 53-187 sqm balcony | Size Range 2,786-4,854sqft | Price Range AED 3.2M - AED 3.2M | Avg PSF 712 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 2,801-2,801sqft | Price Range — | Avg PSF 13,915 | Sales 0 | Trend — | |
Asset Class ShopFloor 4 | Inventory 1units Typically 1 parking ~85 sqm balcony | Size Range 2,386-2,386sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 6 asset classes covering 872 units