GENESIS

Ready

DeveloperMERAKI REAL ESTATE DEVELOPMENT ONE PERSON L.L.C

CommunityArjan

AreaAl Barshaa South Third

Started

8 years 3 months ago25-09-2017

Handover

5 years 10 months ago25-02-2020

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF B+G+10+R RESIDENTIAL BUILDING WITH RETAIL AT GROUND FLOOR LOCATED IN AL BARSHA SOUTH THIRD. 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

-3%

Decline

Current:AED 1,131/sqft

Last 12M:AED 1,170/sqft

Momentum: Last 12Mvs Prior Year

Rising

+10%

Growth

Last 12M:AED 1,170/sqft

Prior Year:AED 1,065/sqft

Community Compare: Last 90DArjan

Discount

-37%

Below Avg

Project:AED 1,131/sqft

Community:AED 1,809/sqft

Liquidity: Last 12MExit Speed

Moderate

16%Turnover

32Sold (Last 12M)

Supply & Demand Matrix

GENESIS averaged 16% 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

40 units

7 sold33 left

18%

Velocity

1 Bedroom

87 units

10 sold77 left

11%

Velocity

2 Bedrooms

70 units

15 sold55 left

21%

Velocity

Shop

3 units

0 sold3 left

Velocity

Layouts & Units (200)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 16 units	Type Flat	Beds 2 B/R	Size 1,049 sqft	Avg Price AED 885K	Last Price AED 1.2M	Last Sold 9 days ago	Sales 18

Units 17 units	Type Flat	Beds 2 B/R	Size 1,015 sqft	Avg Price AED 947K	Last Price AED 1.1M	Last Sold 10 days ago	Sales 18

Units 118	Type Flat	Beds 1 B/R	Size 800 sqft	Avg Price AED 715K	Last Price AED 930K	Last Sold 14 days ago	Sales 2

Units 8 units	Type Flat	Beds Studio	Size 490 sqft	Avg Price AED 560K	Last Price AED 630K	Last Sold about 2 months ago	Sales 4

Units 101	Type Flat	Beds 2 B/R	Size 1,060 sqft	Avg Price AED 911K	Last Price AED 1.1M	Last Sold about 2 months ago	Sales 3

Units 5 units	Type Flat	Beds 1 B/R	Size 822 sqft	Avg Price AED 678K	Last Price AED 900K	Last Sold about 2 months ago	Sales 6

Units 14 units	Type Flat	Beds Studio	Size 467 sqft	Avg Price AED 551K	Last Price AED 600K	Last Sold 3 months ago	Sales 9

Units 35 units	Type Flat	Beds 1 B/R	Size 706 sqft	Avg Price AED 712K	Last Price AED 925K	Last Sold 3 months ago	Sales 19

Units 29 units	Type Flat	Beds 2 B/R	Size 1,019 sqft	Avg Price AED 971K	Last Price AED 1.0M	Last Sold 4 months ago	Sales 18

Units 2 units	Type Flat	Beds 1 B/R	Size 909 sqft	Avg Price AED 768K	Last Price AED 935K	Last Sold 6 months ago	Sales 2

Units 20 units	Type Flat	Beds 1 B/R	Size 699 sqft	Avg Price AED 667K	Last Price AED 900K	Last Sold 7 months ago	Sales 9

Units 9 units	Type Flat	Beds Studio	Size 485 sqft	Avg Price AED 474K	Last Price AED 595K	Last Sold 11 months ago	Sales 7

Units 8 units	Type Flat	Beds 1 B/R	Size 815 sqft	Avg Price AED 824K	Last Price AED 900K	Last Sold 11 months ago	Sales 4

Units 5 units	Type Flat	Beds 2 B/R	Size 1,023 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold 12 months ago	Sales 1

Units 2 units	Type Flat	Beds Studio	Size 468 sqft	Avg Price AED 495K	Last Price AED 495K	Last Sold about 1 year ago	Sales 1

Units 2 units	Type Flat	Beds Studio	Size 699 sqft	Avg Price AED 650K	Last Price AED 700K	Last Sold about 1 year ago	Sales 2

Units 6 units	Type Flat	Beds 1 B/R	Size 825 sqft	Avg Price AED 724K	Last Price AED 900K	Last Sold over 1 year ago	Sales 6

Units 2 units	Type Flat	Beds Studio	Size 506 sqft	Avg Price AED 460K	Last Price AED 550K	Last Sold about 2 years ago	Sales 3

Units 3 units	Type Flat	Beds 1 B/R	Size 708 sqft	Avg Price AED 670K	Last Price AED 670K	Last Sold about 2 years ago	Sales 1

Units 116	Type Flat	Beds 2 B/R	Size 1,246 sqft	Avg Price AED 840K	Last Price AED 930K	Last Sold over 2 years ago	Sales 2

Units 121	Type Flat	Beds 2 B/R	Size 1,136 sqft	Avg Price AED 859K	Last Price AED 750K	Last Sold over 2 years ago	Sales 2

Units 4 units	Type Flat	Beds 1 B/R	Size 714 sqft	Avg Price AED 700K	Last Price AED 700K	Last Sold over 2 years ago	Sales 1

Units 103	Type Flat	Beds 1 B/R	Size 741 sqft	Avg Price AED 520K	Last Price AED 575K	Last Sold almost 3 years ago	Sales 2

Units 2 units	Type Flat	Beds 1 B/R	Size 940 sqft	Avg Price AED 600K	Last Price AED 600K	Last Sold almost 5 years ago	Sales 1

Units 2 units	Type Flat	Beds Studio	Size 524 sqft	Avg Price AED 330K	Last Price AED 330K	Last Sold over 5 years ago	Sales 1

Units 906	Type Flat	Beds Studio	Size 494 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 01	Type Shop	Beds —	Size 392 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 02	Type Shop	Beds —	Size 668 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 03	Type Shop	Beds —	Size 894 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

29 unique layouts covering 200 units