Edison House
ReadyDeveloperARABIAN GULF PROPERTIES
CommunityDubai Land Residence Complex
AreaWadi Al Safa 5
Started
7 years 3 months ago01-10-2018
Handover
3 years ago30-12-2022
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF G+11+R RESIDENTIAL APARTMENTS LOCATED IN WADI AL SAFA 5. 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+2%
GrowthCurrent:AED 1,093/sqft
Last 12M:AED 1,074/sqft
Momentum: Last 12Mvs Prior Year
Rising+19%
GrowthLast 12M:AED 1,074/sqft
Prior Year:AED 900/sqft
Community Compare: Last 90DDubai Land Residence Complex
Discount-18%
Below AvgProject:AED 1,075/sqft
Community:AED 1,307/sqft
Liquidity: Last 12MExit Speed
Low5%Turnover
3Sold (Last 12M)
Supply & Demand Matrix
Edison House averaged 5% 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
2 Bedrooms
56 units
3 sold53 left
5%
Velocity
3 Bedrooms
9 units
0 sold9 left
0%
Velocity
Layouts & Units (65)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 18 units | Type Flat | Beds 2 B/R | Size 1,137 sqft | Avg Price AED 1.2M | Last Price AED 1.3M | Last Sold 3 months ago | Sales 2 |
Units 6 units | Type Flat | Beds 2 B/R | Size 1,167 sqft | Avg Price AED 1.2M | Last Price AED 1.3M | Last Sold 9 months ago | Sales 2 |
Units 1002 | Type Flat | Beds 2 B/R | Size 2,801 sqft | Avg Price AED 2.4M | Last Price AED 2.4M | Last Sold about 1 year ago | Sales 1 |
Units 9 units | Type Flat | Beds 2 B/R | Size 1,225 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold about 2 years ago | Sales 1 |
Units 3 units | Type Flat | Beds 2 B/R | Size 1,168 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 9 units | Type Flat | Beds 2 B/R | Size 1,286 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 6 units | Type Flat | Beds 2 B/R | Size 1,322 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 3 units | Type Flat | Beds 2 B/R | Size 1,323 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 1001 | Type Flat | Beds 2 B/R | Size 3,754 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 7 units | Type Flat | Beds 3 B/R | Size 1,325 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds 3 B/R | Size 1,328 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
11 unique layouts covering 65 units