DOWNTOWN VIEWS
ResaleDeveloperEMAAR DEVELOPMENT P.J.S.C.
Community—
AreaZaabeel Second
Started
9 years 8 months ago15-05-2016
Handover
4 years 7 months ago21-06-2021
Status
CompleteFinished
Project Description
TOWER TO CONSISIT OF G+9P+47 FLOORS +4 MECHANICAL FLOORS AND HAVE 478 RESIDENTIAL APARTMENT UNITS LOCATED IN DOHA ROAD DOWNTOWN DUBAI PODUIM TO CONSIST OF G+9 LEVELS AND HAVE 48 RESIDENTIAL APARTMENT UNITS
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable-2%
DeclineCurrent:AED 2,797/sqft
Last 12M:AED 2,849/sqft
Momentum: Last 12Mvs Prior Year
Rising+8%
GrowthLast 12M:AED 2,849/sqft
Prior Year:AED 2,642/sqft
Community Compare: Last 90DUnknown
At Market0%
Above AvgProject:AED 2,797/sqft
Community:AED 0/sqft
Liquidity: Last 12MExit Speed
Low6%Turnover
30Sold (Last 12M)
Supply & Demand Matrix
DOWNTOWN VIEWS 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
165 units
12 sold153 left
7%
Velocity
2 Bedrooms
187 units
11 sold176 left
6%
Velocity
3 Bedrooms
118 units
7 sold111 left
6%
Velocity
4 Bedrooms
8 units
0 sold8 left
0%
Velocity
Layouts & Units (479)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 10-41 | Inventory 165units 13 layouts · Typically 1 parking 7-9 sqm balcony | Size Range 309-1,802sqft | Price Range AED 700K - AED 2.5M | Avg PSF 1,859 | Sales 81 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 10-56 | Inventory 187units 10 layouts · Typically 1 parking 6-17 sqm balcony | Size Range 609-1,421sqft | Price Range AED 2.3M - AED 4.8M | Avg PSF 1,939 | Sales 80 | Trend — | |
Asset Class 3 Bed FlatFloors 10-56 | Inventory 118units 8 layouts · Typically 2 parking 6-9 sqm balcony | Size Range 541-1,812sqft | Price Range AED 3.4M - AED 6.2M | Avg PSF 2,260 | Sales 54 | Trend — | |
Asset Class 4 Bed FlatFloors 58-59 | Inventory 8units 4 layouts · Typically 2 parking 19-24 sqm balcony | Size Range 652-3,271sqft | Price Range AED 1.6M - AED 8.6M | Avg PSF 1,912 | Sales 4 | Trend — | |
Asset Class Sized PartitionFloor 9 | Inventory 1units Typically 1 parking | Size Range 2,276,536-2,276,536sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 479 units