ARABELLA 2 - TOWNHOUSES AT MUDON
MatureDeveloperMDN REAL ESTATE L.L.C
CommunityMudon
AreaAl Hebiah Sixth
Started
10 years ago01-01-2016
Handover
5 years 8 months ago14-05-2020
Status
CompleteFinished
Project Description
Project consist of G+1 496 townhouses located in Al Hebiah Third, With internal and external finishes + infrastructure.
Performance Alpha
Sales Performance
Market Sales: Last 90Dvs Last 12M Baseline
Rising+3%Growth
Current:AED 1,355/sqft
Last 12M:AED 1,316/sqft
Momentum: Last 12Mvs Prior Year
Stable0%Growth
Last 12M:AED 1,316/sqft
Prior Year:AED 1,312/sqft
Community Compare: Last 90DMudon
At Market-1%Below Avg
Project:AED 1,355/sqft
Community:AED 1,367/sqft
Liquidity: Last 12MExit Speed
Low4%Turnover
22Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 767/sqft
Range:AED 210 – AED 1K
Avg Unit:AED 182K/yr
Leasing Volume: L12MContracts Signed
Active151Total
New:71
Renew:80
Tenant RetentionRenewal Rate
Good53%renewals
47% new tenants53% renewals
Gross YieldAnnual Return
High Yield56.6%Yield
Rent:AED 767/sqft
Price:AED 1,355/sqft
Layouts & Units (495)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Land | Inventory 0units | Size Range 1,776-4,081sqft | Price Range — | Avg PSF 695 | Sales 0 | Trend — | |
Asset Class Villa | Inventory 0units | Size Range 504-5,771sqft | Price Range AED 1.3M - AED 5.0M | Avg PSF 718 | Sales 177 | Trend — |
Grouped into 2 asset classes covering 495 units