340 Riverside Crescent

Off-Plan

DeveloperSOBHA L.L.C

Community—

AreaBukadra

Started

1 year 8 months ago10-05-2024

Status

31% BuiltIn Progress

Project Description

Proposed 2Basement + Ground + 3 Podiums + 52 Floors + Roof, Commercial (Retail) and Residential Development.The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Developer Sales: Last 90Dvs Last 12M Baseline

Rising

+15%

Growth

Current:AED 2,621/sqft

Last 12M:AED 2,282/sqft

Momentum: Last 12Mvs Prior Year

Falling

-4%

Decline

Last 12M:AED 2,282/sqft

Prior Year:AED 2,374/sqft

Community Compare: Last 90DUnknown

At Market

Above Avg

Project:AED 2,621/sqft

Community:AED 0/sqft

Layouts & Units (769)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class 1 Bed FlatFloors 1-55	Inventory 570units 96 layouts · Typically 1 parking 5-14 sqm balcony	Size Range 435-959sqft	Price Range AED 977K - AED 2.2M	Avg PSF 2,355	Sales 579	Trend —

Asset Class 2 Bed FlatFloors 5-55	Inventory 190units 26 layouts · Typically 1 parking 10-21 sqm balcony	Size Range 567-1,256sqft	Price Range AED 2.0M - AED 3.0M	Avg PSF 2,330	Sales 194	Trend —

Asset Class ShopPodium + Floor 2	Inventory 9units 9 layouts · Typically 1 parking	Size Range 1,073-5,182sqft	Price Range AED 23.4M - AED 23.4M	Avg PSF 7,000	Sales 1	Trend —

Grouped into 3 asset classes covering 769 units