Sobha Hartland - Crest Grande
HandoverDeveloperSOBHA L.L.C
CommunitySOBHA HARTLAND
AreaAl Merkadh
Started
3 years 4 months ago01-09-2022
Handover
In 5 months30-06-2026
Status
84% BuiltIn Progress
Project Description
Commercial Residential Project (B+G+5P+ 36F (3 BLDGS )+3 MECH).The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-3%
DeclineCurrent:AED 1,929/sqft
Last 12M:AED 1,983/sqft
Momentum: Last 12Mvs Prior Year
Rising+6%
GrowthLast 12M:AED 1,983/sqft
Prior Year:AED 1,873/sqft
Community Compare: Last 90DSOBHA HARTLAND
Premium+4%
Above AvgProject:AED 1,929/sqft
Community:AED 1,851/sqft
Liquidity: Last 12MExit Speed
Moderate13%Turnover
131Sold (Last 12M)
Supply & Demand Matrix
Sobha Hartland - Crest Grande averaged 13% liquidity over the last 12 months, which is considered moderate. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
1 Bedroom
302 units
52 sold250 left
17%
Velocity
2 Bedrooms
342 units
33 sold309 left
10%
Velocity
3 Bedrooms
177 units
22 sold155 left
12%
Velocity
4 Bedrooms
144 units
15 sold129 left
10%
Velocity
Shop
20 units
9 sold11 left
45%
Velocity
Layouts & Units (985)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-42 | Inventory 302units 51 layouts · Typically 1 parking 6-70 sqm balcony | Size Range 474-1,553sqft | Price Range AED 1.1M - AED 2.5M | Avg PSF 1,847 | Sales 368 | Trend — | |
Asset Class 2 Bed FlatFloors 1-42 | Inventory 342units 59 layouts · Typically 1 parking 10-96 sqm balcony | Size Range 1,263-2,555sqft | Price Range AED 2.0M - AED 4.1M | Avg PSF 1,839 | Sales 381 | Trend — | |
Asset Class 3 Bed FlatFloors 6-42 | Inventory 177units 21 layouts · Typically 1 parking 12-53 sqm balcony | Size Range 1,618-2,049sqft | Price Range AED 2.8M - AED 3.8M | Avg PSF 1,850 | Sales 206 | Trend — | |
Asset Class 4 Bed FlatFloors 6-42 | Inventory 144units 11 layouts · Typically 1 parking 19-96 sqm balcony | Size Range 2,161-3,177sqft | Price Range AED 3.9M - AED 5.4M | Avg PSF 1,847 | Sales 153 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 72,052-72,052sqft | Price Range — | Avg PSF 1,215 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 20units 12 layouts · Typically 1 parking | Size Range 625-1,618sqft | Price Range AED 1.6M - AED 6.5M | Avg PSF 2,725 | Sales 32 | Trend — |
Grouped into 6 asset classes covering 985 units