THE WINGS

Ready

DeveloperALMIZAN PROPERTY DEVELOPER L.L.C

CommunityArjan

AreaAl Barshaa South Third

Started

8 years 5 months ago01-08-2017

Handover

6 years 3 months ago30-09-2019

Status

CompleteFinished

Project Description

Project located in Al Barsha South third area proposed to be residential and retail building consist of common Ground floor then 3 blocks 4 floors+R each made of concrete structure with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-6%

Decline

Current:AED 1,108/sqft

Last 12M:AED 1,175/sqft

Momentum: Last 12Mvs Prior Year

Rising

+15%

Growth

Last 12M:AED 1,175/sqft

Prior Year:AED 1,024/sqft

Community Compare: Last 90DArjan

Discount

-42%

Below Avg

Project:AED 1,056/sqft

Community:AED 1,809/sqft

Liquidity: Last 12MExit Speed

Low

6%Turnover

21Sold (Last 12M)

Supply & Demand Matrix

THE WINGS 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

Studio

134 units

0 sold134 left

Velocity

1 Bedroom

116 units

10 sold106 left

Velocity

2 Bedrooms

40 units

6 sold34 left

15%

Velocity

3 Bedrooms

24 units

4 sold20 left

17%

Velocity

Shop

26 units

1 sold25 left

Velocity

Layouts & Units (340)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 102	Type Flat	Beds 1 B/R	Size 1,029 sqft	Avg Price AED 853K	Last Price AED 1.1M	Last Sold about 1 month ago	Sales 2

Units 2 units	Type Shop	Beds —	Size 1,729 sqft	Avg Price AED 3.3M	Last Price AED 5.2M	Last Sold about 2 months ago	Sales 3

Units 27 units	Type Flat	Beds 1 B/R	Size 774 sqft	Avg Price AED 693K	Last Price AED 890K	Last Sold about 2 months ago	Sales 49

Units 6 units	Type Flat	Beds 2 B/R	Size 1,159 sqft	Avg Price AED 1.0M	Last Price AED 1.3M	Last Sold 2 months ago	Sales 11

Units 114	Type Flat	Beds 3 B/R	Size 2,349 sqft	Avg Price AED 1.8M	Last Price AED 2.1M	Last Sold 3 months ago	Sales 2

Units 6 units	Type Flat	Beds 3 B/R	Size 1,506 sqft	Avg Price AED 1.3M	Last Price AED 1.9M	Last Sold 3 months ago	Sales 9

Units 4 units	Type Flat	Beds 1 B/R	Size 784 sqft	Avg Price AED 674K	Last Price AED 900K	Last Sold 3 months ago	Sales 6

Units 6 units	Type Flat	Beds 1 B/R	Size 792 sqft	Avg Price AED 695K	Last Price AED 915K	Last Sold 4 months ago	Sales 13

Units 118	Type Flat	Beds 2 B/R	Size 1,800 sqft	Avg Price AED 1.4M	Last Price AED 1.6M	Last Sold 5 months ago	Sales 3

Units 14 units	Type Flat	Beds 2 B/R	Size 1,180 sqft	Avg Price AED 1.0M	Last Price AED 1.3M	Last Sold 6 months ago	Sales 22

Units 6 units	Type Flat	Beds 1 B/R	Size 814 sqft	Avg Price AED 702K	Last Price AED 860K	Last Sold 7 months ago	Sales 11

Units 4 units	Type Flat	Beds 1 B/R	Size 810 sqft	Avg Price AED 711K	Last Price AED 910K	Last Sold 7 months ago	Sales 7

Units 7 units	Type Flat	Beds 1 B/R	Size 827 sqft	Avg Price AED 706K	Last Price AED 910K	Last Sold 7 months ago	Sales 15

Units 4 units	Type Flat	Beds 1 B/R	Size 822 sqft	Avg Price AED 746K	Last Price AED 945K	Last Sold 8 months ago	Sales 7

Units 112	Type Flat	Beds 2 B/R	Size 1,822 sqft	Avg Price AED 1.4M	Last Price AED 1.7M	Last Sold 10 months ago	Sales 2

Units 2 units	Type Flat	Beds 1 B/R	Size 900 sqft	Avg Price AED 754K	Last Price AED 990K	Last Sold 11 months ago	Sales 5

Units 120	Type Flat	Beds 1 B/R	Size 889 sqft	Avg Price AED 746K	Last Price AED 932K	Last Sold 12 months ago	Sales 2

Units 7 units	Type Flat	Beds 1 B/R	Size 794 sqft	Avg Price AED 701K	Last Price AED 873K	Last Sold about 1 year ago	Sales 9

Units 3 units	Type Flat	Beds 1 B/R	Size 713 sqft	Avg Price AED 671K	Last Price AED 784K	Last Sold about 1 year ago	Sales 6

Units 4 units	Type Flat	Beds 3 B/R	Size 1,608 sqft	Avg Price AED 1.4M	Last Price AED 1.9M	Last Sold about 1 year ago	Sales 6

Units 5 units	Type Flat	Beds 1 B/R	Size 769 sqft	Avg Price AED 699K	Last Price AED 820K	Last Sold about 1 year ago	Sales 9

Units 6 units	Type Flat	Beds 2 B/R	Size 1,199 sqft	Avg Price AED 982K	Last Price AED 1.3M	Last Sold about 1 year ago	Sales 8

Units 2 units	Type Flat	Beds 3 B/R	Size 1,753 sqft	Avg Price AED 1.5M	Last Price AED 1.8M	Last Sold over 1 year ago	Sales 2

Units 5 units	Type Flat	Beds 1 B/R	Size 759 sqft	Avg Price AED 710K	Last Price AED 835K	Last Sold over 1 year ago	Sales 7

Units RETAIL-2	Type Shop	Beds —	Size 775 sqft	Avg Price AED 1.3M	Last Price AED 1.5M	Last Sold over 1 year ago	Sales 3

Units 103	Type Flat	Beds 2 B/R	Size 1,601 sqft	Avg Price AED 1.2M	Last Price AED 1.4M	Last Sold over 1 year ago	Sales 2

Units 418	Type Flat	Beds 1 B/R	Size 766 sqft	Avg Price AED 738K	Last Price AED 785K	Last Sold almost 2 years ago	Sales 2

Units 6 units	Type Flat	Beds 3 B/R	Size 1,535 sqft	Avg Price AED 1.2M	Last Price AED 1.5M	Last Sold almost 2 years ago	Sales 11

Units 10 units	Type Flat	Beds 1 B/R	Size 1,156 sqft	Avg Price AED 708K	Last Price AED 1.0M	Last Sold almost 2 years ago	Sales 11

Units 2 units	Type Flat	Beds 1 B/R	Size 708 sqft	Avg Price AED 623K	Last Price AED 690K	Last Sold over 2 years ago	Sales 4

Units 319	Type Flat	Beds 1 B/R	Size 1,782 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold over 2 years ago	Sales 1

Units 222	Type Flat	Beds 1 B/R	Size 782 sqft	Avg Price AED 625K	Last Price AED 700K	Last Sold over 2 years ago	Sales 2

Units 318	Type Flat	Beds 1 B/R	Size 755 sqft	Avg Price AED 685K	Last Price AED 685K	Last Sold almost 3 years ago	Sales 1

Units 220	Type Flat	Beds 1 B/R	Size 999 sqft	Avg Price AED 770K	Last Price AED 810K	Last Sold about 3 years ago	Sales 3

Units RETAIL-26	Type Shop	Beds —	Size 1,483 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold about 4 years ago	Sales 1

Units RETAIL-11	Type Shop	Beds —	Size 980 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold over 4 years ago	Sales 1

Units RETAIL-12	Type Shop	Beds —	Size 852 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold over 4 years ago	Sales 1

Units RETAIL-25	Type Shop	Beds —	Size 1,304 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 4 years ago	Sales 1

Units RETAIL-23	Type Shop	Beds —	Size 1,528 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 4 years ago	Sales 1

Units RETAIL-24	Type Shop	Beds —	Size 2,327 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold over 4 years ago	Sales 1

Units RETAIL-22	Type Shop	Beds —	Size 2,598 sqft	Avg Price AED 3.0M	Last Price AED 3.0M	Last Sold over 4 years ago	Sales 1

Units RETAIL-1	Type Shop	Beds —	Size 1,255 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold almost 5 years ago	Sales 1

Units 101	Type Flat	Beds 1 B/R	Size 1,451 sqft	Avg Price AED 800K	Last Price AED 800K	Last Sold about 5 years ago	Sales 1

Units 113	Type Flat	Beds 2 B/R	Size 1,889 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold about 5 years ago	Sales 1

Units 108	Type Flat	Beds 2 B/R	Size 2,002 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold about 5 years ago	Sales 1

Units 110	Type Flat	Beds 1 B/R	Size 1,408 sqft	Avg Price AED 775K	Last Price AED 775K	Last Sold about 5 years ago	Sales 1

Units 120	Type Flat	Beds 1 B/R	Size 1,487 sqft	Avg Price AED 815K	Last Price AED 815K	Last Sold about 5 years ago	Sales 1

Units 226	Type Flat	Beds 1 B/R	Size 720 sqft	Avg Price AED 550K	Last Price AED 550K	Last Sold about 5 years ago	Sales 1

Units 117	Type Flat	Beds 1 B/R	Size 1,148 sqft	Avg Price AED 675K	Last Price AED 675K	Last Sold about 5 years ago	Sales 1

Units 106	Type Flat	Beds 1 B/R	Size 1,165 sqft	Avg Price AED 675K	Last Price AED 675K	Last Sold about 5 years ago	Sales 1

Units 113	Type Flat	Beds 1 B/R	Size 1,213 sqft	Avg Price AED 700K	Last Price AED 700K	Last Sold about 5 years ago	Sales 1

Units 121	Type Flat	Beds 1 B/R	Size 1,257 sqft	Avg Price AED 700K	Last Price AED 700K	Last Sold about 5 years ago	Sales 1

Units 122	Type Flat	Beds 1 B/R	Size 1,286 sqft	Avg Price AED 700K	Last Price AED 700K	Last Sold about 5 years ago	Sales 1

Units 102	Type Flat	Beds 1 B/R	Size 1,292 sqft	Avg Price AED 700K	Last Price AED 700K	Last Sold about 5 years ago	Sales 1

Units 104	Type Flat	Beds 1 B/R	Size 1,301 sqft	Avg Price AED 730K	Last Price AED 730K	Last Sold about 5 years ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 1,330 sqft	Avg Price AED 730K	Last Price AED 730K	Last Sold about 5 years ago	Sales 2

Units 105	Type Flat	Beds 1 B/R	Size 1,370 sqft	Avg Price AED 730K	Last Price AED 730K	Last Sold about 5 years ago	Sales 1

Units 119	Type Flat	Beds 1 B/R	Size 2,169 sqft	Avg Price AED 890K	Last Price AED 890K	Last Sold about 5 years ago	Sales 1

Units 101	Type Flat	Beds 2 B/R	Size 2,283 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold about 5 years ago	Sales 1

Units 124	Type Flat	Beds 2 B/R	Size 2,324 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold about 5 years ago	Sales 1

Units 119	Type Flat	Beds 1 B/R	Size 1,104 sqft	Avg Price AED 665K	Last Price AED 665K	Last Sold about 5 years ago	Sales 1

Units 111	Type Flat	Beds 1 B/R	Size 1,355 sqft	Avg Price AED 775K	Last Price AED 775K	Last Sold about 5 years ago	Sales 1

Units 116	Type Flat	Beds 2 B/R	Size 1,913 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold about 5 years ago	Sales 1

Units 109	Type Flat	Beds 2 B/R	Size 1,929 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold about 5 years ago	Sales 1

Units 115	Type Flat	Beds 3 B/R	Size 2,321 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold about 5 years ago	Sales 1

Units 106	Type Flat	Beds 3 B/R	Size 2,461 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold about 5 years ago	Sales 1

Units RETAIL-15	Type Shop	Beds —	Size 1,546 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold about 5 years ago	Sales 1

Units RETAIL-14	Type Shop	Beds —	Size 1,213 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold about 5 years ago	Sales 1

Units RETAIL-19	Type Shop	Beds —	Size 1,558 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold about 5 years ago	Sales 1

Units 2 units	Type Flat	Beds 2 B/R	Size 1,177 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold over 5 years ago	Sales 2

Units RETAIL-3	Type Shop	Beds —	Size 1,071 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold over 5 years ago	Sales 1

Units 107	Type Flat	Beds 3 B/R	Size 2,492 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 5 years ago	Sales 1

Units 104	Type Flat	Beds 3 B/R	Size 2,158 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 5 years ago	Sales 1

Units 216	Type Flat	Beds 2 B/R	Size 1,264 sqft	Avg Price AED 950K	Last Price AED 950K	Last Sold over 5 years ago	Sales 1

Units 117	Type Flat	Beds 3 B/R	Size 2,661 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold over 5 years ago	Sales 1

Units 105	Type Flat	Beds 2 B/R	Size 1,510 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 5 years ago	Sales 1

Units 205	Type Flat	Beds 2 B/R	Size 1,262 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold almost 6 years ago	Sales 1

Units RETAIL-7	Type Shop	Beds —	Size 874 sqft	Avg Price AED 830K	Last Price AED 830K	Last Sold almost 6 years ago	Sales 1

Units RETAIL-6	Type Shop	Beds —	Size 1,208 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold almost 6 years ago	Sales 1

Units 8 units	Type Flat	Beds Studio	Size 438 sqft	Avg Price AED 450K	Last Price AED 450K	Last Sold about 6 years ago	Sales 8

Units 17 units	Type Flat	Beds Studio	Size 443 sqft	Avg Price AED 450K	Last Price AED 450K	Last Sold about 6 years ago	Sales 17

Units 22 units	Type Flat	Beds Studio	Size 472 sqft	Avg Price AED 450K	Last Price AED 450K	Last Sold about 6 years ago	Sales 22

Units 6 units	Type Flat	Beds Studio	Size 481 sqft	Avg Price AED 450K	Last Price AED 450K	Last Sold about 6 years ago	Sales 6

Units 3 units	Type Flat	Beds Studio	Size 485 sqft	Avg Price AED 450K	Last Price AED 450K	Last Sold about 6 years ago	Sales 3

Units 10 units	Type Flat	Beds Studio	Size 451 sqft	Avg Price AED 450K	Last Price AED 450K	Last Sold about 6 years ago	Sales 10

Units 13 units	Type Flat	Beds Studio	Size 453 sqft	Avg Price AED 450K	Last Price AED 450K	Last Sold about 6 years ago	Sales 13

Units 18 units	Type Flat	Beds Studio	Size 458 sqft	Avg Price AED 450K	Last Price AED 450K	Last Sold about 6 years ago	Sales 18

Units 210	Type Flat	Beds Studio	Size 473 sqft	Avg Price AED 450K	Last Price AED 450K	Last Sold about 6 years ago	Sales 1

Units 2 units	Type Flat	Beds Studio	Size 530 sqft	Avg Price AED 450K	Last Price AED 450K	Last Sold about 6 years ago	Sales 2

Units 2 units	Type Flat	Beds Studio	Size 570 sqft	Avg Price AED 450K	Last Price AED 450K	Last Sold about 6 years ago	Sales 2

Units 2 units	Type Flat	Beds Studio	Size 623 sqft	Avg Price AED 410K	Last Price AED 410K	Last Sold about 6 years ago	Sales 2

Units 118	Type Flat	Beds Studio	Size 632 sqft	Avg Price AED 416K	Last Price AED 416K	Last Sold about 6 years ago	Sales 1

Units 2 units	Type Flat	Beds Studio	Size 635 sqft	Avg Price AED 417K	Last Price AED 416K	Last Sold about 6 years ago	Sales 2

Units 7 units	Type Flat	Beds Studio	Size 639 sqft	Avg Price AED 422K	Last Price AED 421K	Last Sold about 6 years ago	Sales 7

Units 2 units	Type Flat	Beds Studio	Size 652 sqft	Avg Price AED 429K	Last Price AED 429K	Last Sold about 6 years ago	Sales 2

Units 114	Type Flat	Beds Studio	Size 653 sqft	Avg Price AED 430K	Last Price AED 430K	Last Sold about 6 years ago	Sales 1

Units 3 units	Type Flat	Beds Studio	Size 660 sqft	Avg Price AED 435K	Last Price AED 434K	Last Sold about 6 years ago	Sales 3

Units 131	Type Flat	Beds Studio	Size 693 sqft	Avg Price AED 456K	Last Price AED 456K	Last Sold about 6 years ago	Sales 1

Units 2 units	Type Flat	Beds Studio	Size 706 sqft	Avg Price AED 465K	Last Price AED 465K	Last Sold about 6 years ago	Sales 2

Units 3 units	Type Flat	Beds Studio	Size 722 sqft	Avg Price AED 475K	Last Price AED 475K	Last Sold about 6 years ago	Sales 3

Units 126	Type Flat	Beds Studio	Size 728 sqft	Avg Price AED 479K	Last Price AED 479K	Last Sold about 6 years ago	Sales 1

Units 130	Type Flat	Beds Studio	Size 839 sqft	Avg Price AED 552K	Last Price AED 552K	Last Sold about 6 years ago	Sales 1

Units 2 units	Type Flat	Beds Studio	Size 851 sqft	Avg Price AED 560K	Last Price AED 560K	Last Sold about 6 years ago	Sales 2

Units 103	Type Flat	Beds Studio	Size 875 sqft	Avg Price AED 576K	Last Price AED 576K	Last Sold about 6 years ago	Sales 1

Units 107	Type Flat	Beds Studio	Size 899 sqft	Avg Price AED 591K	Last Price AED 591K	Last Sold about 6 years ago	Sales 1

Units 2 units	Type Flat	Beds Studio	Size 1,032 sqft	Avg Price AED 679K	Last Price AED 678K	Last Sold about 6 years ago	Sales 2

Units RETAIL-10	Type Shop	Beds —	Size 780 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-13	Type Shop	Beds —	Size 932 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-21	Type Shop	Beds —	Size 1,029 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 1,100 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-9	Type Shop	Beds —	Size 1,232 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-5	Type Shop	Beds —	Size 1,655 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-18	Type Shop	Beds —	Size 1,678 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-16	Type Shop	Beds —	Size 1,980 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

114 unique layouts covering 340 units