Sobha Hartland One Park Avenue
ResaleDeveloperSOBHA L.L.C
CommunitySOBHA HARTLAND
AreaAl Merkadh
Started
6 years 5 months ago15-08-2019
Handover
2 years 9 months ago15-04-2023
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF G+3P+24+R RESIDENTIAL BUILDING WITH RETAIL AT GROUND FLOOR LOCATED IN AL MERKADH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+18%
GrowthCurrent:AED 2,614/sqft
Last 12M:AED 2,209/sqft
Momentum: Last 12Mvs Prior Year
Rising+11%
GrowthLast 12M:AED 2,209/sqft
Prior Year:AED 1,999/sqft
Community Compare: Last 90DSOBHA HARTLAND
Premium+41%
Above AvgProject:AED 2,614/sqft
Community:AED 1,851/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
42Sold (Last 12M)
Supply & Demand Matrix
Sobha Hartland One Park Avenue 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
96 units
11 sold85 left
11%
Velocity
2 Bedrooms
166 units
14 sold152 left
8%
Velocity
3 Bedrooms
137 units
15 sold122 left
11%
Velocity
4 Bedrooms
4 units
0 sold4 left
0%
Velocity
Shop
12 units
2 sold10 left
17%
Velocity
Layouts & Units (415)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-24 | Inventory 96units 12 layouts · Typically 1 parking 5-18 sqm balcony | Size Range 735-870sqft | Price Range AED 980K - AED 1.7M | Avg PSF 1,551 | Sales 29 | Trend — | |
Asset Class 2 Bed FlatFloors 1-24 | Inventory 166units 21 layouts · Typically 1 parking 6-32 sqm balcony | Size Range 585-1,310sqft | Price Range AED 1.6M - AED 2.6M | Avg PSF 1,595 | Sales 56 | Trend — | |
Asset Class 3 Bed FlatFloors 1-24 | Inventory 137units 17 layouts · Typically 1.2 parking 11-38 sqm balcony | Size Range 743-1,750sqft | Price Range AED 2.0M - AED 3.4M | Avg PSF 1,612 | Sales 46 | Trend — | |
Asset Class 4 Bed FlatFloors 21-24 | Inventory 4units Typically 2 parking ~46 sqm balcony | Size Range 2,963-2,964sqft | Price Range — | Avg PSF 1,640 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 12units 12 layouts · Typically 1.9 parking | Size Range 970-3,148sqft | Price Range AED 5.2M - AED 7.1M | Avg PSF 2,266 | Sales 3 | Trend — |
Grouped into 5 asset classes covering 415 units