SPARKLE TOWERS

Ready

DeveloperTEBYAN REAL ESTATE DEVELOPMENT ENTERPRISES (LLC)

CommunityDubai Marina

AreaMarsa Dubai

Started

12 years ago05-01-2014

Handover

6 years 7 months ago16-06-2019

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF 3B+G+(29/14/4)+R RESIDENTIAL & COMMERCIAL BUILDING LOCATED IN MARSA DUBAI. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

-1%

Decline

Current:AED 2,180/sqft

Last 12M:AED 2,198/sqft

Momentum: Last 12Mvs Prior Year

Stable

+2%

Growth

Last 12M:AED 2,198/sqft

Prior Year:AED 2,160/sqft

Community Compare: Last 90DDubai Marina

Premium

+18%

Above Avg

Project:AED 2,180/sqft

Community:AED 1,848/sqft

Liquidity: Last 12MExit Speed

Moderate

15%Turnover

59Sold (Last 12M)

Supply & Demand Matrix

SPARKLE TOWERS averaged 15% 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

Studio

80 units

23 sold57 left

29%

Velocity

1 Bedroom

158 units

19 sold139 left

12%

Velocity

2 Bedrooms

112 units

11 sold101 left

10%

Velocity

3 Bedrooms

28 units

4 sold24 left

14%

Velocity

4 Bedrooms

1 units

0 sold1 left

Velocity

Shop

10 units

2 sold8 left

20%

Velocity

Layouts & Units (389)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 80 units	Type Flat	Beds 1 B/R	Size 865 sqft	Avg Price AED 1.7M	Last Price AED 2.0M	Last Sold 9 days ago	Sales 55

Units 13 units	Type Flat	Beds 1 B/R	Size 826 sqft	Avg Price AED 1.0M	Last Price AED 59K	Last Sold 25 days ago	Sales 16

Units 41 units	Type Flat	Beds 2 B/R	Size 1,475 sqft	Avg Price AED 2.4M	Last Price AED 3.9M	Last Sold 30 days ago	Sales 37

Units 32 units	Type Flat	Beds 2 B/R	Size 1,480 sqft	Avg Price AED 2.1M	Last Price AED 3.1M	Last Sold about 1 month ago	Sales 29

Units 8 units	Type Flat	Beds Studio	Size 393 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold about 2 months ago	Sales 4

Units 20 units	Type Flat	Beds Studio	Size 406 sqft	Avg Price AED 992K	Last Price AED 1.1M	Last Sold about 2 months ago	Sales 15

Units 9 units	Type Flat	Beds 3 B/R	Size 1,868 sqft	Avg Price AED 3.5M	Last Price AED 4.0M	Last Sold 2 months ago	Sales 6

Units 4 units	Type Flat	Beds Studio	Size 387 sqft	Avg Price AED 970K	Last Price AED 1.0M	Last Sold 3 months ago	Sales 3

Units 18 units	Type Flat	Beds 1 B/R	Size 862 sqft	Avg Price AED 1.6M	Last Price AED 2.0M	Last Sold 3 months ago	Sales 28

Units 28 units	Type Flat	Beds Studio	Size 474 sqft	Avg Price AED 965K	Last Price AED 1.2M	Last Sold 4 months ago	Sales 23

Units 4 units	Type Flat	Beds 1 B/R	Size 734 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold 5 months ago	Sales 1

Units 6 units	Type Flat	Beds 3 B/R	Size 1,876 sqft	Avg Price AED 3.2M	Last Price AED 4.0M	Last Sold 8 months ago	Sales 6

Units 2 units	Type Flat	Beds 2 B/R	Size 1,498 sqft	Avg Price AED 2.7M	Last Price AED 2.9M	Last Sold 10 months ago	Sales 3

Units 9 units	Type Flat	Beds 2 B/R	Size 1,525 sqft	Avg Price AED 2.3M	Last Price AED 2.5M	Last Sold 10 months ago	Sales 13

Units 14 units	Type Flat	Beds Studio	Size 413 sqft	Avg Price AED 915K	Last Price AED 990K	Last Sold 11 months ago	Sales 9

Units 14 units	Type Flat	Beds 1 B/R	Size 963 sqft	Avg Price AED 1.5M	Last Price AED 1.8M	Last Sold 11 months ago	Sales 16

Units 2-103	Type Flat	Beds 2 B/R	Size 1,913 sqft	Avg Price AED 1.5M	Last Price AED 2.4M	Last Sold about 1 year ago	Sales 3

Units 14 units	Type Flat	Beds 2 B/R	Size 1,520 sqft	Avg Price AED 2.1M	Last Price AED 2.6M	Last Sold about 1 year ago	Sales 11

Units 14 units	Type Flat	Beds 1 B/R	Size 970 sqft	Avg Price AED 1.2M	Last Price AED 1.6M	Last Sold over 1 year ago	Sales 15

Units 1-105	Type Flat	Beds 2 B/R	Size 1,740 sqft	Avg Price AED 2.7M	Last Price AED 3.3M	Last Sold over 1 year ago	Sales 2

Units 3-101	Type Flat	Beds 1 B/R	Size 576 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 1 year ago	Sales 1

Units 1-2904	Type Flat	Beds 3 B/R	Size 2,234 sqft	Avg Price AED 3.6M	Last Price AED 4.1M	Last Sold over 1 year ago	Sales 2

Units 3 units	Type Flat	Beds 2 B/R	Size 1,156 sqft	Avg Price AED 2.2M	Last Price AED 2.7M	Last Sold over 1 year ago	Sales 3

Units 7 units	Type Flat	Beds 3 B/R	Size 1,883 sqft	Avg Price AED 2.9M	Last Price AED 3.8M	Last Sold over 1 year ago	Sales 7

Units 1-2808	Type Flat	Beds 2 B/R	Size 1,181 sqft	Avg Price AED 2.8M	Last Price AED 3.3M	Last Sold over 1 year ago	Sales 2

Units 1-2801	Type Flat	Beds 2 B/R	Size 1,183 sqft	Avg Price AED 2.8M	Last Price AED 3.3M	Last Sold almost 2 years ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 1,008 sqft	Avg Price AED 2.6M	Last Price AED 3.3M	Last Sold almost 2 years ago	Sales 4

Units 1-2906	Type Flat	Beds 2 B/R	Size 1,224 sqft	Avg Price AED 2.8M	Last Price AED 3.3M	Last Sold almost 2 years ago	Sales 2

Units 2 units	Type Flat	Beds 1 B/R	Size 694 sqft	Avg Price AED 1.7M	Last Price AED 2.5M	Last Sold almost 2 years ago	Sales 3

Units 3 units	Type Flat	Beds Studio	Size 459 sqft	Avg Price AED 950K	Last Price AED 950K	Last Sold over 2 years ago	Sales 1

Units 2-503	Type Flat	Beds 2 B/R	Size 2,123 sqft	Avg Price AED 2.3M	Last Price AED 2.8M	Last Sold over 2 years ago	Sales 2

Units 1-2901	Type Flat	Beds 2 B/R	Size 1,218 sqft	Avg Price AED 2.4M	Last Price AED 2.4M	Last Sold over 3 years ago	Sales 1

Units 3 units	Type Flat	Beds 3 B/R	Size 1,861 sqft	Avg Price AED 2.9M	Last Price AED 2.9M	Last Sold over 3 years ago	Sales 1

Units 2-106	Type Flat	Beds Studio	Size 358 sqft	Avg Price AED 780K	Last Price AED 780K	Last Sold over 3 years ago	Sales 1

Units 2-102	Type Flat	Beds 1 B/R	Size 1,409 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold over 3 years ago	Sales 1

Units 1-506	Type Flat	Beds 2 B/R	Size 2,104 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold over 4 years ago	Sales 1

Units 1-1201	Type Flat	Beds 4 B/R	Size 2,949 sqft	Avg Price AED 4.1M	Last Price AED 4.1M	Last Sold about 5 years ago	Sales 1

Units R-05	Type Shop	Beds —	Size 1,471 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R-09	Type Shop	Beds —	Size 1,757 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R-10	Type Shop	Beds —	Size 2,168 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R-03	Type Shop	Beds —	Size 2,192 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R-02	Type Shop	Beds —	Size 2,198 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 2,250 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R-08	Type Shop	Beds —	Size 2,271 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R-06	Type Shop	Beds —	Size 2,326 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R-07	Type Shop	Beds —	Size 2,513 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 585 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 801 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 821 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1-401	Type Flat	Beds 2 B/R	Size 1,487 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1-2804	Type Flat	Beds 3 B/R	Size 1,878 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1-2903	Type Flat	Beds 3 B/R	Size 2,229 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2-105	Type Flat	Beds Studio	Size 356 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1-106	Type Flat	Beds Studio	Size 687 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

54 unique layouts covering 389 units