DAMAC HILLS - GOLF VITA

Ready

DeveloperDAMAC CRESCENT PROPERTIES

CommunityDAMAC HILLS

AreaAl Hebiah Third

Started

8 years 3 months ago22-10-2017

Handover

4 years 10 months ago15-03-2021

Status

CompleteFinished

Project Description

Project consists of 1 Building. G+2P+24F+R located in Damac Hills Community, Al Hebiah Third area, residential apartments

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

+1%

Growth

Current:AED 1,497/sqft

Last 12M:AED 1,482/sqft

Momentum: Last 12Mvs Prior Year

Rising

+11%

Growth

Last 12M:AED 1,482/sqft

Prior Year:AED 1,331/sqft

Community Compare: Last 90DDAMAC HILLS

At Market

+1%

Above Avg

Project:AED 1,497/sqft

Community:AED 1,486/sqft

Liquidity: Last 12MExit Speed

Moderate

12%Turnover

62Sold (Last 12M)

Supply & Demand Matrix

DAMAC HILLS - GOLF VITA averaged 12% 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

482 units

61 sold421 left

13%

Velocity

2 Bedrooms

28 units

1 sold27 left

Velocity

Layouts & Units (510)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 90 units	Type Flat	Beds 1 B/R	Size 428 sqft	Avg Price AED 550K	Last Price AED 652K	Last Sold 7 days ago	Sales 37

Units 80 units	Type Flat	Beds 1 B/R	Size 437 sqft	Avg Price AED 585K	Last Price AED 650K	Last Sold 18 days ago	Sales 24

Units 57 units	Type Flat	Beds 1 B/R	Size 446 sqft	Avg Price AED 572K	Last Price AED 655K	Last Sold about 1 month ago	Sales 22

Units 19 units	Type Flat	Beds 1 B/R	Size 424 sqft	Avg Price AED 610K	Last Price AED 675K	Last Sold 2 months ago	Sales 8

Units 161 units	Type Flat	Beds 1 B/R	Size 438 sqft	Avg Price AED 571K	Last Price AED 710K	Last Sold 2 months ago	Sales 57

Units 8 units	Type Flat	Beds 2 B/R	Size 702 sqft	Avg Price AED 910K	Last Price AED 1.1M	Last Sold 2 months ago	Sales 5

Units 2 units	Type Flat	Beds 2 B/R	Size 703 sqft	Avg Price AED 865K	Last Price AED 950K	Last Sold 4 months ago	Sales 2

Units 19 units	Type Flat	Beds 1 B/R	Size 448 sqft	Avg Price AED 616K	Last Price AED 620K	Last Sold 7 months ago	Sales 6

Units 9 units	Type Flat	Beds 1 B/R	Size 456 sqft	Avg Price AED 639K	Last Price AED 628K	Last Sold 8 months ago	Sales 2

Units 18 units	Type Flat	Beds 1 B/R	Size 416 sqft	Avg Price AED 547K	Last Price AED 600K	Last Sold 10 months ago	Sales 3

Units 8 units	Type Flat	Beds 1 B/R	Size 480 sqft	Avg Price AED 548K	Last Price AED 600K	Last Sold 10 months ago	Sales 2

Units 6 units	Type Flat	Beds 2 B/R	Size 692 sqft	Avg Price AED 679K	Last Price AED 820K	Last Sold over 1 year ago	Sales 5

Units 2 units	Type Flat	Beds 1 B/R	Size 600 sqft	Avg Price AED 660K	Last Price AED 660K	Last Sold over 1 year ago	Sales 1

Units 2 units	Type Flat	Beds 2 B/R	Size 716 sqft	Avg Price AED 868K	Last Price AED 860K	Last Sold over 1 year ago	Sales 2

Units 4 units	Type Flat	Beds 2 B/R	Size 723 sqft	Avg Price AED 785K	Last Price AED 820K	Last Sold almost 2 years ago	Sales 2

Units 6 units	Type Flat	Beds 1 B/R	Size 460 sqft	Avg Price AED 465K	Last Price AED 480K	Last Sold over 2 years ago	Sales 2

Units 3 units	Type Flat	Beds 1 B/R	Size 464 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 322	Type Flat	Beds 1 B/R	Size 538 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 320	Type Flat	Beds 1 B/R	Size 587 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 604 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 301	Type Flat	Beds 1 B/R	Size 611 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 310	Type Flat	Beds 1 B/R	Size 642 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 307	Type Flat	Beds 1 B/R	Size 651 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 704 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 305	Type Flat	Beds 1 B/R	Size 793 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 2 B/R	Size 697 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 743 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

27 unique layouts covering 510 units