Al Haseen Residence
ResaleDeveloperDUGASTA PROPERTIES DEVELOPMENT L.L.C
Community—
AreaSaih Shuaib 2
Started
8 years 8 months ago01-05-2017
Handover
5 years 8 months ago30-04-2020
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF G+6+2R RESIDENTIAL BUILDING LOCATED IN SAIH SHUAIB 2. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
Rising+17%Growth
Last 12M:AED 1,273/sqft
Prior Year:AED 1,084/sqft
Community Compare: Last 90DUnknown
—No recent sales
Liquidity: Last 12MExit Speed
Low4%Turnover
5Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 708/sqft
Range:AED 495 – AED 1K
Avg Unit:AED 44K/yr
Leasing Volume: L12MContracts Signed
Very Active91Total
New:46
Renew:45
Tenant RetentionRenewal Rate
Good49%renewals
51% new tenants49% renewals
Gross YieldAnnual Return
High Yield65.3%Yield
Rent:AED 708/sqft
Price:AED 1,084/sqft
Supply & Demand Matrix
Al Haseen Residence averaged 4% 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
Studio
42 units
4 sold38 left
10%
Velocity
1 Bedroom
60 units
0 sold60 left
0%
Velocity
2 Bedrooms
36 units
1 sold35 left
3%
Velocity
Layouts & Units (138)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-6 | Inventory 42units 13 layouts · Typically 1 parking 4-11 sqm balcony | Size Range 338-557sqft | Price Range AED 339K - AED 766K | Avg PSF 1,026 | Sales 14 | Trend — | |
Asset Class 1 Bed FlatFloors 1-6 | Inventory 60units 12 layouts · Typically 0.9 parking ~9 sqm balcony | Size Range 376-1,505sqft | Price Range AED 727K - AED 970K | Avg PSF 1,049 | Sales 53 | Trend — | |
Asset Class 2 Bed FlatFloors 1-6 | Inventory 36units 17 layouts · Typically 1 parking 13-25 sqm balcony | Size Range 874-1,153sqft | Price Range AED 876K - AED 1.4M | Avg PSF 1,066 | Sales 25 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 46,864-46,864sqft | Price Range — | Avg PSF 109 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 509-753sqft | Price Range — | Avg PSF 19,511 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 138 units