TOWN SQUARE ZAHRA
MatureDeveloperNSHMI DEVELOPMENT L.L.C
CommunityTOWN SQUARE
AreaAl Yelayiss 2
Started
10 years 7 months ago01-06-2015
Handover
6 years 4 months ago30-08-2019
Status
CompleteFinished
Project Description
G+1 320 RESIDENTIAL TOWNHOUSES WITH 2 PARKING SPACES FOR EACH UNIT. G+P+7 & G+P+8 RESIDENTIAL ( 8 BUILDINGS ON TOW PODIUMS). with external and internal finishes.
Performance Alpha
Sales Performance
Market Sales: Last 90Dvs Last 12M Baseline
Rising+4%Growth
Current:AED 1,233/sqft
Last 12M:AED 1,181/sqft
Momentum: Last 12Mvs Prior Year
Rising+15%Growth
Last 12M:AED 1,181/sqft
Prior Year:AED 1,023/sqft
Community Compare: Last 90DTOWN SQUARE
Discount-9%Below Avg
Project:AED 1,230/sqft
Community:AED 1,345/sqft
Liquidity: Last 12MExit Speed
Moderate13%Turnover
153Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 852/sqft
Range:AED 38 – AED 3K
Avg Unit:AED 86K/yr
Leasing Volume: L12MContracts Signed
Very Active969Total
New:375
Renew:594
Tenant RetentionRenewal Rate
Excellent61%renewals
39% new tenants61% renewals
Gross YieldAnnual Return
High Yield69.1%Yield
Rent:AED 852/sqft
Price:AED 1,233/sqft
Supply & Demand Matrix
TOWN SQUARE ZAHRA averaged 12% 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
Studio
73 units
6 sold67 left
8%
Velocity
1 Bedroom
197 units
24 sold173 left
12%
Velocity
2 Bedrooms
632 units
69 sold563 left
11%
Velocity
3 Bedrooms
262 units
49 sold213 left
19%
Velocity
Shop
33 units
0 sold33 left
0%
Velocity
Layouts & Units (1,197)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-7 | Inventory 73units 21 layouts · Typically 1 parking | Size Range 314-357sqft | Price Range AED 250K - AED 525K | Avg PSF 1,081 | Sales 37 | Trend — | |
Asset Class 1 Bed FlatFloors 1-7 | Inventory 197units 85 layouts · Typically 1 parking 5-31 sqm balcony | Size Range 528-873sqft | Price Range AED 388K - AED 815K | Avg PSF 851 | Sales 92 | Trend — | |
Asset Class 2 Bed FlatFloors 1-7 | Inventory 632units 266 layouts · Typically 1 parking 4-71 sqm balcony | Size Range 442-1,610sqft | Price Range AED 448K - AED 1.4M | Avg PSF 771 | Sales 360 | Trend — | |
Asset Class 3 Bed FlatFloors 1-7 | Inventory 262units 153 layouts · Typically 1.2 parking 6-135 sqm balcony | Size Range 431-2,837sqft | Price Range AED 800K - AED 2.2M | Avg PSF 719 | Sales 120 | Trend — | |
Asset Class ShopPodium | Inventory 33units 33 layouts · Typically 2.2 parking | Size Range 194-5,019sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class 3 Bed Villa | Inventory 0units | Size Range 1,001-2,320sqft | Price Range AED 1.0M - AED 3.0M | Avg PSF 743 | Sales 145 | Trend — | |
Asset Class 4 Bed Villa | Inventory 0units | Size Range 1,438-3,727sqft | Price Range AED 600K - AED 3.2M | Avg PSF 597 | Sales 45 | Trend — |
Grouped into 7 asset classes covering 1,197 units