1 Residences
MatureDeveloperPARK 1 L.L.C
CommunityWasl 1
AreaAl Kifaf
Started
6 years 5 months ago01-08-2019
Handover
3 years 3 months ago28-09-2022
Status
CompleteFinished
Project Description
3B+ G +1M +42 +2R Residential & commercial building
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Falling-8%
DeclineCurrent:AED 1,899/sqft
Last 12M:AED 2,061/sqft
Momentum: Last 12Mvs Prior Year
Rising+5%
GrowthLast 12M:AED 2,061/sqft
Prior Year:AED 1,960/sqft
Community Compare: Last 90DWasl 1
At Market+2%
Above AvgProject:AED 2,014/sqft
Community:AED 1,984/sqft
Liquidity: Last 12MExit Speed
Low6%Turnover
46Sold (Last 12M)
Supply & Demand Matrix
1 Residences averaged 6% 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
251 units
17 sold234 left
7%
Velocity
2 Bedrooms
407 units
23 sold384 left
6%
Velocity
3 Bedrooms
95 units
6 sold89 left
6%
Velocity
Shop
4 units
0 sold4 left
0%
Velocity
Layouts & Units (758)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-41 | Inventory 251units 31 layouts · Typically 1 parking 4-26 sqm balcony | Size Range 434-1,129sqft | Price Range AED 1.4M - AED 2.1M | Avg PSF 1,517 | Sales 50 | Trend — | |
Asset Class 2 Bed FlatFloors 1-42 | Inventory 407units 74 layouts · Typically 1 parking 4-96 sqm balcony | Size Range 451-2,275sqft | Price Range AED 1.2M - AED 3.2M | Avg PSF 1,647 | Sales 89 | Trend — | |
Asset Class 3 Bed FlatFloors 22-41 | Inventory 95units 38 layouts · Typically 2 parking 9-33 sqm balcony | Size Range 1,673-2,984sqft | Price Range AED 4.0M - AED 5.3M | Avg PSF 2,230 | Sales 8 | Trend — | |
Asset Class ClinicPodium | Inventory 1units Typically 5 parking | Size Range 3,255-3,255sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 4units 4 layouts · Typically 1.8 parking | Size Range 985-1,917sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 758 units