SEVENTH HEAVEN
ResaleDeveloperABWAB REAL ESTATE LIMITED CO (L.L.C)
Community—
AreaWadi Al Safa 3
Started
11 years 7 months ago01-06-2014
Handover
5 years 4 months ago08-09-2020
Status
CompleteFinished
Project Description
residential development project located in Wadi Alsafa Third and it consist of two buildings with common basement (2B+G+11) & (2B+G+12).The project is designed of concrete structure with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-7%
DeclineCurrent:AED 1,574/sqft
Last 12M:AED 1,684/sqft
Momentum: Last 12Mvs Prior Year
Rising+16%
GrowthLast 12M:AED 1,684/sqft
Prior Year:AED 1,447/sqft
Community Compare: Last 90DUnknown
At Market0%
Above AvgProject:AED 1,574/sqft
Community:AED 0/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
23Sold (Last 12M)
Supply & Demand Matrix
SEVENTH HEAVEN averaged 10% 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
1 Bedroom
49 units
8 sold41 left
16%
Velocity
2 Bedrooms
73 units
11 sold62 left
15%
Velocity
3 Bedrooms
29 units
2 sold27 left
7%
Velocity
4 Bedrooms
9 units
0 sold9 left
0%
Velocity
Shop
39 units
0 sold39 left
0%
Velocity
Office
23 units
2 sold21 left
9%
Velocity
Layouts & Units (223)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-7 | Inventory 49units 49 layouts · Typically 1 parking 19-201 sqm balcony | Size Range 988-3,887sqft | Price Range AED 1.1M - AED 5.7M | Avg PSF 1,073 | Sales 56 | Trend — | |
Asset Class 2 Bed FlatFloors 1-9 | Inventory 73units 73 layouts · Typically 2 parking 23-386 sqm balcony | Size Range 34-7,406sqft | Price Range AED 31K - AED 8.8M | Avg PSF 1,163 | Sales 68 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-8 | Inventory 29units 29 layouts · Typically 3 parking 51-591 sqm balcony | Size Range 3,662-10,579sqft | Price Range AED 2.0M - AED 15.0M | Avg PSF 1,170 | Sales 23 | Trend — | |
Asset Class 4 Bed FlatFloors 6-10 | Inventory 9units 9 layouts · Typically 3 parking 174-1273 sqm balcony | Size Range 7,004-19,832sqft | Price Range AED 7.5M - AED 13.0M | Avg PSF 1,050 | Sales 6 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 398,373-398,373sqft | Price Range — | Avg PSF 25 | Sales 0 | Trend — | |
Asset Class GymnasiumFloor 1 | Inventory 1units Typically 5 parking | Size Range 3,464-3,464sqft | Price Range — | Avg PSF 932 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,920-6,996sqft | Price Range — | Avg PSF 21,265 | Sales 0 | Trend — | |
Asset Class OfficePodium | Inventory 23units 23 layouts · Typically 3 parking ~109 sqm balcony | Size Range 868-3,924sqft | Price Range AED 729K - AED 3.3M | Avg PSF 936 | Sales 46 | Trend — | |
Asset Class ShopPodium + Floor 1 | Inventory 39units 39 layouts · Typically 2 parking | Size Range 163-4,405sqft | Price Range — | Avg PSF 787 | Sales 0 | Trend — |
Grouped into 9 asset classes covering 223 units