Sobha Hartland Waves Grande
ResaleDeveloperSOBHA L.L.C
CommunitySOBHA HARTLAND
AreaAl Merkadh
Started
4 years 5 months ago01-08-2021
Handover
2 years 2 months ago31-10-2023
Status
CompleteFinished
Project Description
Residential and Commercial Retail building with configuration of Ground +5 Podium + 30 floors+Service floor +roof.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-9%
DeclineCurrent:AED 1,930/sqft
Last 12M:AED 2,116/sqft
Momentum: Last 12Mvs Prior Year
Rising+7%
GrowthLast 12M:AED 2,116/sqft
Prior Year:AED 1,974/sqft
Community Compare: Last 90DSOBHA HARTLAND
Premium+4%
Above AvgProject:AED 1,924/sqft
Community:AED 1,851/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
34Sold (Last 12M)
Supply & Demand Matrix
Sobha Hartland Waves Grande averaged 8% liquidity over the last 12 months, which is considered low. 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
306 units
24 sold282 left
8%
Velocity
2 Bedrooms
106 units
10 sold96 left
9%
Velocity
3 Bedrooms
7 units
0 sold7 left
0%
Velocity
4 Bedrooms
13 units
0 sold13 left
0%
Velocity
Shop
8 units
0 sold8 left
0%
Velocity
Layouts & Units (440)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 6-35 | Inventory 306units 22 layouts · Typically 1 parking 5-22 sqm balcony | Size Range 355-1,193sqft | Price Range AED 75K - AED 2.1M | Avg PSF 1,764 | Sales 128 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 6-35 | Inventory 106units 23 layouts · Typically 1 parking 8-53 sqm balcony | Size Range 15-1,884sqft | Price Range AED 2.0M - AED 3.5M | Avg PSF 1,765 | Sales 39 | Trend — | |
Asset Class 3 Bed FlatPodium | Inventory 7units 5 layouts · Typically 2 parking 29-30 sqm balcony | Size Range 1,905-1,958sqft | Price Range AED 3.3M - AED 4.0M | Avg PSF 1,664 | Sales 3 | Trend — | |
Asset Class 4 Bed FlatFloors 10-34 | Inventory 13units 4 layouts · Typically 2 parking ~10 sqm balcony | Size Range 2,679-2,690sqft | Price Range AED 6.1M - AED 6.1M | Avg PSF 1,863 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 709-85,368sqft | Price Range — | Avg PSF 3,776 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 8units 7 layouts · Typically 2.5 parking | Size Range 920-5,439sqft | Price Range — | Avg PSF 2,238 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 440 units