THE POLO RESIDENCE

Ready

DeveloperIGO PROPERTY DEVELOPMENT L.L.C - FZ

CommunityMeydan Racecourse Community

AreaNad Al Shiba First

Started

11 years 3 months ago05-10-2014

Handover

8 years 8 months ago17-05-2017

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF G+4 (29 Buildings) RESIDENTIAL APARTMENTS LOCATED IN DUBAILAND. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-5%

Decline

Current:AED 1,411/sqft

Last 12M:AED 1,488/sqft

Momentum: Last 12Mvs Prior Year

Rising

+12%

Growth

Last 12M:AED 1,488/sqft

Prior Year:AED 1,324/sqft

Community Compare: Last 90DMeydan Racecourse Community

Discount

-21%

Below Avg

Project:AED 1,417/sqft

Community:AED 1,802/sqft

Liquidity: Last 12MExit Speed

Moderate

11%Turnover

92Sold (Last 12M)

Supply & Demand Matrix

THE POLO RESIDENCE averaged 11% 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

420 units

45 sold375 left

11%

Velocity

2 Bedrooms

404 units

45 sold359 left

11%

Velocity

3 Bedrooms

44 units

2 sold42 left

Velocity

4 Bedrooms

3 units

0 sold3 left

Velocity

Shop

1 units

0 sold1 left

Velocity

Layouts & Units (872)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 147 units	Type Flat	Beds 1 B/R	Size 814 sqft	Avg Price AED 843K	Last Price AED 92K	Last Sold 10 days ago	Sales 106

Units 260 units	Type Flat	Beds 2 B/R	Size 1,535 sqft	Avg Price AED 1.7M	Last Price AED 2.5M	Last Sold 16 days ago	Sales 244

Units 26 units	Type Flat	Beds 1 B/R	Size 883 sqft	Avg Price AED 1.0M	Last Price AED 1.6M	Last Sold about 1 month ago	Sales 21

Units 24 units	Type Flat	Beds 1 B/R	Size 901 sqft	Avg Price AED 1.2M	Last Price AED 1.6M	Last Sold about 1 month ago	Sales 22

Units 26 units	Type Flat	Beds 1 B/R	Size 906 sqft	Avg Price AED 1.1M	Last Price AED 1.6M	Last Sold about 2 months ago	Sales 19

Units 102 units	Type Flat	Beds 1 B/R	Size 821 sqft	Avg Price AED 851K	Last Price AED 1.1M	Last Sold 2 months ago	Sales 66

Units 8 units	Type Flat	Beds 1 B/R	Size 910 sqft	Avg Price AED 1.2M	Last Price AED 1.4M	Last Sold 3 months ago	Sales 10

Units 51 units	Type Flat	Beds 1 B/R	Size 826 sqft	Avg Price AED 868K	Last Price AED 1.2M	Last Sold 3 months ago	Sales 30

Units 10 units	Type Flat	Beds 3 B/R	Size 2,801 sqft	Avg Price AED 3.1M	Last Price AED 4.2M	Last Sold 4 months ago	Sales 7

Units 47 units	Type Flat	Beds 2 B/R	Size 1,493 sqft	Avg Price AED 1.8M	Last Price AED 2.5M	Last Sold 6 months ago	Sales 37

Units 6 units	Type Flat	Beds 1 B/R	Size 800 sqft	Avg Price AED 813K	Last Price AED 1.2M	Last Sold 6 months ago	Sales 8

Units 9 units	Type Flat	Beds 1 B/R	Size 811 sqft	Avg Price AED 1.1M	Last Price AED 1.2M	Last Sold 7 months ago	Sales 6

Units 6 units	Type Flat	Beds 2 B/R	Size 1,554 sqft	Avg Price AED 1.9M	Last Price AED 2.6M	Last Sold 7 months ago	Sales 6

Units 32 units	Type Flat	Beds 2 B/R	Size 2,220 sqft	Avg Price AED 2.2M	Last Price AED 3.4M	Last Sold 8 months ago	Sales 29

Units 9 units	Type Flat	Beds 2 B/R	Size 1,515 sqft	Avg Price AED 1.6M	Last Price AED 2.6M	Last Sold 8 months ago	Sales 7

Units 9 units	Type Flat	Beds 3 B/R	Size 4,124 sqft	Avg Price AED 3.0M	Last Price AED 4.4M	Last Sold 8 months ago	Sales 8

Units 3 units	Type Flat	Beds 2 B/R	Size 1,389 sqft	Avg Price AED 2.4M	Last Price AED 2.4M	Last Sold 10 months ago	Sales 1

Units 6 units	Type Flat	Beds 2 B/R	Size 1,570 sqft	Avg Price AED 2.0M	Last Price AED 2.4M	Last Sold 10 months ago	Sales 5

Units 14 units	Type Flat	Beds 2 B/R	Size 2,628 sqft	Avg Price AED 2.3M	Last Price AED 3.0M	Last Sold 11 months ago	Sales 16

Units 2 units	Type Flat	Beds 3 B/R	Size 1,968 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold about 1 year ago	Sales 1

Units 8 units	Type Flat	Beds 3 B/R	Size 2,803 sqft	Avg Price AED 2.2M	Last Price AED 3.8M	Last Sold about 1 year ago	Sales 8

Units 3 units	Type Flat	Beds 1 B/R	Size 775 sqft	Avg Price AED 873K	Last Price AED 1.1M	Last Sold about 1 year ago	Sales 4

Units 3 units	Type Flat	Beds 3 B/R	Size 2,069 sqft	Avg Price AED 2.8M	Last Price AED 2.8M	Last Sold about 1 year ago	Sales 1

Units 401	Type Flat	Beds 2 B/R	Size 2,166 sqft	Avg Price AED 2.1M	Last Price AED 2.8M	Last Sold about 1 year ago	Sales 2

Units 17 units	Type Flat	Beds 2 B/R	Size 2,635 sqft	Avg Price AED 2.3M	Last Price AED 3.0M	Last Sold about 1 year ago	Sales 19

Units 3 units	Type Flat	Beds 3 B/R	Size 1,939 sqft	Avg Price AED 3.2M	Last Price AED 3.2M	Last Sold over 1 year ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 888 sqft	Avg Price AED 910K	Last Price AED 1.2M	Last Sold almost 2 years ago	Sales 3

Units 3 units	Type Flat	Beds 1 B/R	Size 852 sqft	Avg Price AED 1.0M	Last Price AED 1.1M	Last Sold almost 2 years ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 1,525 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold over 2 years ago	Sales 1

Units 402	Type Flat	Beds 2 B/R	Size 2,359 sqft	Avg Price AED 1.8M	Last Price AED 2.3M	Last Sold over 2 years ago	Sales 2

Units 404	Type Flat	Beds 2 B/R	Size 2,442 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold almost 3 years ago	Sales 2

Units 401	Type Flat	Beds 3 B/R	Size 4,858 sqft	Avg Price AED 4.8M	Last Price AED 4.8M	Last Sold about 3 years ago	Sales 1

Units 402	Type Flat	Beds 2 B/R	Size 3,000 sqft	Avg Price AED 2.0M	Last Price AED 2.3M	Last Sold over 3 years ago	Sales 2

Units 2 units	Type Flat	Beds 3 B/R	Size 2,031 sqft	Avg Price AED 2.5M	Last Price AED 2.5M	Last Sold over 3 years ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 921 sqft	Avg Price AED 700K	Last Price AED 700K	Last Sold almost 4 years ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 949 sqft	Avg Price AED 803K	Last Price AED 700K	Last Sold almost 4 years ago	Sales 2

Units 302	Type Flat	Beds 3 B/R	Size 1,967 sqft	Avg Price AED 2.5M	Last Price AED 2.5M	Last Sold almost 4 years ago	Sales 1

Units 402	Type Flat	Beds 2 B/R	Size 2,627 sqft	Avg Price AED 1.7M	Last Price AED 1.6M	Last Sold over 4 years ago	Sales 2

Units 3 units	Type Flat	Beds 1 B/R	Size 803 sqft	Avg Price AED 775K	Last Price AED 700K	Last Sold over 5 years ago	Sales 2

Units 401	Type Flat	Beds 2 B/R	Size 2,343 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold over 6 years ago	Sales 1

Units 403	Type Flat	Beds 4 B/R	Size 2,786 sqft	Avg Price AED 3.2M	Last Price AED 3.2M	Last Sold over 8 years ago	Sales 1

Units 4 units	Type Flat	Beds 3 B/R	Size 1,984 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold over 8 years ago	Sales 1

Units 105	Type Flat	Beds 1 B/R	Size 876 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 106	Type Flat	Beds 1 B/R	Size 897 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 202	Type Flat	Beds 1 B/R	Size 982 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 403	Type Flat	Beds 2 B/R	Size 1,882 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 403	Type Flat	Beds 2 B/R	Size 2,101 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 401	Type Flat	Beds 3 B/R	Size 3,681 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 402	Type Flat	Beds 4 B/R	Size 2,795 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 403	Type Flat	Beds 4 B/R	Size 4,854 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 404	Type Shop	Beds —	Size 2,386 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

51 unique layouts covering 872 units