THE SPIRIT
ReadyDeveloperFIRST HOMES LIMITED
CommunityDubai Sports City
AreaAl Hebiah Fourth
Started
17 years ago28-12-2008
Handover
13 years 4 months ago29-08-2012
Status
CompleteFinished
Project Description
Freehold serviced residential building development located in Dubai Sports City, the building is designed to have 3B+G+20 floors. The building is being constructed as a concrete structure with external and internal finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Falling-21%
DeclineCurrent:AED 960/sqft
Last 12M:AED 1,214/sqft
Momentum: Last 12Mvs Prior Year
Falling-12%
DeclineLast 12M:AED 1,214/sqft
Prior Year:AED 1,383/sqft
Community Compare: Last 90DDubai Sports City
Discount-39%
Below AvgProject:AED 960/sqft
Community:AED 1,571/sqft
Liquidity: Last 12MExit Speed
Low6%Turnover
24Sold (Last 12M)
Supply & Demand Matrix
THE SPIRIT 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
312 units
19 sold293 left
6%
Velocity
1 Bedroom
74 units
5 sold69 left
7%
Velocity
Layouts & Units (386)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 18 units | Type Flat | Beds Studio | Size 514 sqft | Avg Price AED 783K | Last Price AED 564 | Last Sold 28 days ago | Sales 28 |
Units 220 | Type Flat | Beds Studio | Size 703 sqft | Avg Price AED 1.2M | Last Price AED 713K | Last Sold about 2 months ago | Sales 2 |
Units 18 units | Type Flat | Beds Studio | Size 416 sqft | Avg Price AED 892K | Last Price AED 430K | Last Sold 3 months ago | Sales 22 |
Units 26 units | Type Flat | Beds 1 B/R | Size 752 sqft | Avg Price AED 1.3M | Last Price AED 735K | Last Sold 4 months ago | Sales 35 |
Units 1802 | Type Flat | Beds 1 B/R | Size 628 sqft | Avg Price AED 1.3M | Last Price AED 723K | Last Sold 4 months ago | Sales 2 |
Units 34 units | Type Flat | Beds Studio | Size 399 sqft | Avg Price AED 853K | Last Price AED 550K | Last Sold 4 months ago | Sales 47 |
Units 18 units | Type Flat | Beds Studio | Size 509 sqft | Avg Price AED 1.1M | Last Price AED 763K | Last Sold 4 months ago | Sales 20 |
Units 33 units | Type Flat | Beds Studio | Size 371 sqft | Avg Price AED 807K | Last Price AED 781K | Last Sold 6 months ago | Sales 53 |
Units 10 units | Type Flat | Beds Studio | Size 560 sqft | Avg Price AED 1.2M | Last Price AED 786K | Last Sold 6 months ago | Sales 15 |
Units 3 units | Type Flat | Beds Studio | Size 582 sqft | Avg Price AED 1.1M | Last Price AED 750K | Last Sold 6 months ago | Sales 3 |
Units 18 units | Type Flat | Beds 1 B/R | Size 802 sqft | Avg Price AED 1.5M | Last Price AED 785K | Last Sold 7 months ago | Sales 24 |
Units 17 units | Type Flat | Beds Studio | Size 391 sqft | Avg Price AED 939K | Last Price AED 520K | Last Sold 7 months ago | Sales 21 |
Units 18 units | Type Flat | Beds Studio | Size 636 sqft | Avg Price AED 1.2M | Last Price AED 460K | Last Sold 8 months ago | Sales 21 |
Units 34 units | Type Flat | Beds Studio | Size 321 sqft | Avg Price AED 798K | Last Price AED 490K | Last Sold 9 months ago | Sales 45 |
Units 2 units | Type Flat | Beds Studio | Size 623 sqft | Avg Price AED 995K | Last Price AED 690K | Last Sold 9 months ago | Sales 5 |
Units G01 | Type Flat | Beds 1 B/R | Size 552 sqft | Avg Price AED 590K | Last Price AED 907K | Last Sold 12 months ago | Sales 3 |
Units 37 units | Type Flat | Beds Studio | Size 325 sqft | Avg Price AED 844K | Last Price AED 1.2M | Last Sold about 1 year ago | Sales 39 |
Units G04 | Type Flat | Beds Studio | Size 445 sqft | Avg Price AED 768K | Last Price AED 600K | Last Sold about 1 year ago | Sales 3 |
Units 8 units | Type Flat | Beds 1 B/R | Size 810 sqft | Avg Price AED 1.3M | Last Price AED 1.1M | Last Sold over 1 year ago | Sales 11 |
Units 1819 | Type Flat | Beds Studio | Size 496 sqft | Avg Price AED 692K | Last Price AED 470K | Last Sold over 1 year ago | Sales 3 |
Units 37 units | Type Flat | Beds Studio | Size 332 sqft | Avg Price AED 951K | Last Price AED 433K | Last Sold almost 2 years ago | Sales 37 |
Units 2 units | Type Flat | Beds Studio | Size 439 sqft | Avg Price AED 842K | Last Price AED 509K | Last Sold about 2 years ago | Sales 3 |
Units 2 units | Type Flat | Beds Studio | Size 574 sqft | Avg Price AED 844K | Last Price AED 431K | Last Sold over 2 years ago | Sales 4 |
Units 2 units | Type Flat | Beds Studio | Size 288 sqft | Avg Price AED 715K | Last Price AED 358K | Last Sold almost 3 years ago | Sales 4 |
Units G05 | Type Flat | Beds Studio | Size 450 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold almost 5 years ago | Sales 1 |
Units 18 units | Type Flat | Beds 1 B/R | Size 795 sqft | Avg Price AED 1.6M | Last Price AED 1.7M | Last Sold about 6 years ago | Sales 17 |
Units 1817 | Type Flat | Beds Studio | Size 357 sqft | Avg Price AED 747K | Last Price AED 300K | Last Sold over 6 years ago | Sales 2 |
Units 2 units | Type Flat | Beds Studio | Size 584 sqft | Avg Price AED 1.4M | Last Price AED 1.3M | Last Sold almost 8 years ago | Sales 2 |
Units 420 | Type Flat | Beds Studio | Size 687 sqft | Avg Price AED 975K | Last Price AED 975K | Last Sold almost 8 years ago | Sales 1 |
Units 4 units | Type Flat | Beds Studio | Size 286 sqft | Avg Price AED 826K | Last Price AED 488K | Last Sold over 8 years ago | Sales 4 |
Units G06 | Type Flat | Beds Studio | Size 435 sqft | Avg Price AED 980K | Last Price AED 980K | Last Sold over 8 years ago | Sales 1 |
Units 1520 | Type Flat | Beds Studio | Size 593 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold over 8 years ago | Sales 1 |
Units 2 units | Type Flat | Beds Studio | Size 570 sqft | Avg Price AED 1.4M | Last Price AED 1.3M | Last Sold about 10 years ago | Sales 2 |
Units 320 | Type Flat | Beds Studio | Size 696 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold about 10 years ago | Sales 1 |
Units 920 | Type Flat | Beds Studio | Size 647 sqft | Avg Price AED 969K | Last Price AED 590K | Last Sold about 10 years ago | Sales 3 |
Units 520 | Type Flat | Beds Studio | Size 678 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold over 10 years ago | Sales 1 |
Units 2 units | Type Flat | Beds Studio | Size 520 sqft | Avg Price AED 1.4M | Last Price AED 1.2M | Last Sold over 10 years ago | Sales 2 |
Units 1820 | Type Flat | Beds Studio | Size 565 sqft | Avg Price AED 916K | Last Price AED 916K | Last Sold almost 11 years ago | Sales 1 |
Units 1120 | Type Flat | Beds Studio | Size 632 sqft | Avg Price AED 1.6M | Last Price AED 1.6M | Last Sold about 11 years ago | Sales 1 |
Units G08 | Type Flat | Beds 1 B/R | Size 515 sqft | Avg Price AED 1.0M | Last Price AED 1.0M | Last Sold about 11 years ago | Sales 1 |
Units 820 | Type Flat | Beds Studio | Size 656 sqft | Avg Price AED 1.0M | Last Price AED 1.0M | Last Sold over 11 years ago | Sales 1 |
Units 1420 | Type Flat | Beds Studio | Size 603 sqft | Avg Price AED 1.5M | Last Price AED 1.5M | Last Sold almost 12 years ago | Sales 1 |
Units 620 | Type Flat | Beds Studio | Size 670 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold almost 12 years ago | Sales 1 |
Units 1801 | Type Flat | Beds 1 B/R | Size 745 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 720 | Type Flat | Beds Studio | Size 662 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
45 unique layouts covering 386 units