ICONIC
Off-PlanDeveloperMERED RESIDENCES REAL ESTATE L.L.C
CommunitySite A
AreaAl Safouh Second
Started
1 year 3 months ago30-09-2024
Handover
In 2 years 1 month28-02-2028
Status
20% BuiltIn Progress
Project Description
The project is composed of B + G + 5P + 60F+ 1 Mec F + Roof ,residential units.
Performance Alpha
Developer Sales: Last 90Dvs Last 12M Baseline
Rising+9%
GrowthCurrent:AED 3,717/sqft
Last 12M:AED 3,421/sqft
Momentum: Last 12Mvs Prior Year
Rising+3%
GrowthLast 12M:AED 3,421/sqft
Prior Year:AED 3,327/sqft
Community Compare: Last 90DSite A
Discount-17%
Below AvgProject:AED 3,717/sqft
Community:AED 4,460/sqft
Layouts & Units (319)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 2-56 | Inventory 144units 31 layouts · Typically 1 parking 7-24 sqm balcony | Size Range 864-1,187sqft | Price Range AED 2.2M - AED 4.6M | Avg PSF 3,229 | Sales 85 | Trend — | |
Asset Class 2 Bed FlatFloors 2-56 | Inventory 124units 29 layouts · Typically 1 parking 12-51 sqm balcony | Size Range 1,276-2,381sqft | Price Range AED 3.9M - AED 10.2M | Avg PSF 3,561 | Sales 61 | Trend — | |
Asset Class 3 Bed FlatFloors 17-57 | Inventory 9units 5 layouts · Typically 1 parking 45-76 sqm balcony | Size Range 2,305-4,814sqft | Price Range AED 7.0M - AED 17.7M | Avg PSF 3,571 | Sales 8 | Trend — | |
Asset Class 4 Bed FlatFloors 24-58 | Inventory 33units 10 layouts · Typically 1 parking 39-120 sqm balcony | Size Range 2,516-13,872sqft | Price Range AED 8.5M - AED 12.2M | Avg PSF 3,712 | Sales 10 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 34,205-68,548sqft | Price Range — | Avg PSF 1,441 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 9units 9 layouts · Typically 1 parking | Size Range 432-5,239sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 6 asset classes covering 319 units