PRIME RESIDENCY2

Ready

DeveloperPRESCOTT INVESTMENTS LIMITED

CommunityInternational City Phase 1

AreaAl Warsan First

Started

16 years 10 months ago10-03-2009

Handover

15 years ago26-12-2010

Status

CompleteFinished

Project Description

Freehold residential development located in Al Warsan 1st. The building is designed to be B+G+4 storey. The building is designed to be built out of concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+3%

Growth

Current:AED 698/sqft

Last 12M:AED 678/sqft

Momentum: Last 12Mvs Prior Year

Rising

+10%

Growth

Last 12M:AED 678/sqft

Prior Year:AED 617/sqft

Community Compare: Last 90DInternational City Phase 1

Discount

-10%

Below Avg

Project:AED 698/sqft

Community:AED 778/sqft

Liquidity: Last 12MExit Speed

High

21%Turnover

37Sold (Last 12M)

Supply & Demand Matrix

PRIME RESIDENCY2 averaged 21% liquidity over the last 12 months, which is considered high. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

1 Bedroom

108 units

27 sold81 left

25%

Velocity

2 Bedrooms

56 units

7 sold49 left

13%

Velocity

Shop

10 units

3 sold7 left

30%

Velocity

Layouts & Units (174)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 4 units	Type Flat	Beds 2 B/R	Size 911 sqft	Avg Price AED 625K	Last Price AED 750K	Last Sold 18 days ago	Sales 8

Units 10 units	Type Flat	Beds 1 B/R	Size 642 sqft	Avg Price AED 498K	Last Price AED 550K	Last Sold 25 days ago	Sales 24

Units 24 units	Type Flat	Beds 1 B/R	Size 647 sqft	Avg Price AED 464K	Last Price AED 480K	Last Sold about 1 month ago	Sales 45

Units 15 units	Type Flat	Beds 1 B/R	Size 627 sqft	Avg Price AED 436K	Last Price AED 320K	Last Sold 2 months ago	Sales 29

Units 3 units	Type Flat	Beds 1 B/R	Size 678 sqft	Avg Price AED 472K	Last Price AED 330K	Last Sold 2 months ago	Sales 7

Units 12 units	Type Flat	Beds 1 B/R	Size 633 sqft	Avg Price AED 444K	Last Price AED 500K	Last Sold 3 months ago	Sales 29

Units 4 units	Type Flat	Beds 2 B/R	Size 1,056 sqft	Avg Price AED 717K	Last Price AED 550K	Last Sold 4 months ago	Sales 8

Units 4 units	Type Flat	Beds 1 B/R	Size 687 sqft	Avg Price AED 462K	Last Price AED 510K	Last Sold 5 months ago	Sales 9

Units 6 units	Type Flat	Beds 1 B/R	Size 608 sqft	Avg Price AED 465K	Last Price AED 500K	Last Sold 7 months ago	Sales 11

Units 11 units	Type Flat	Beds 1 B/R	Size 649 sqft	Avg Price AED 396K	Last Price AED 450K	Last Sold 7 months ago	Sales 24

Units 7 units	Type Flat	Beds 1 B/R	Size 632 sqft	Avg Price AED 504K	Last Price AED 490K	Last Sold 8 months ago	Sales 14

Units 8 units	Type Flat	Beds 2 B/R	Size 985 sqft	Avg Price AED 695K	Last Price AED 665K	Last Sold 10 months ago	Sales 16

Units 4 units	Type Flat	Beds 1 B/R	Size 616 sqft	Avg Price AED 522K	Last Price AED 460K	Last Sold 10 months ago	Sales 8

Units 3 units	Type Flat	Beds 1 B/R	Size 621 sqft	Avg Price AED 476K	Last Price AED 360K	Last Sold 11 months ago	Sales 6

Units 10 units	Type Flat	Beds 2 B/R	Size 969 sqft	Avg Price AED 722K	Last Price AED 550K	Last Sold 11 months ago	Sales 16

Units 4 units	Type Flat	Beds 1 B/R	Size 806 sqft	Avg Price AED 518K	Last Price AED 450K	Last Sold 11 months ago	Sales 8

Units GS08	Type Shop	Beds —	Size 1,868 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 11 months ago	Sales 1

Units GS07	Type Shop	Beds —	Size 2,384 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold 11 months ago	Sales 1

Units GS06	Type Shop	Beds —	Size 2,492 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold 11 months ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 584 sqft	Avg Price AED 468K	Last Price AED 415K	Last Sold 12 months ago	Sales 7

Units 4 units	Type Flat	Beds 2 B/R	Size 948 sqft	Avg Price AED 645K	Last Price AED 675K	Last Sold about 1 year ago	Sales 9

Units 4 units	Type Flat	Beds 2 B/R	Size 946 sqft	Avg Price AED 702K	Last Price AED 680K	Last Sold about 1 year ago	Sales 8

Units 2 units	Type Flat	Beds 2 B/R	Size 1,045 sqft	Avg Price AED 516K	Last Price AED 600K	Last Sold over 1 year ago	Sales 4

Units 2 units	Type Flat	Beds 2 B/R	Size 1,008 sqft	Avg Price AED 650K	Last Price AED 615K	Last Sold about 2 years ago	Sales 3

Units 2 units	Type Flat	Beds 2 B/R	Size 933 sqft	Avg Price AED 679K	Last Price AED 500K	Last Sold over 3 years ago	Sales 2

Units 5 units	Type Flat	Beds 2 B/R	Size 996 sqft	Avg Price AED 736K	Last Price AED 500K	Last Sold over 3 years ago	Sales 10

Units 315	Type Flat	Beds 2 B/R	Size 1,006 sqft	Avg Price AED 708K	Last Price AED 600K	Last Sold over 6 years ago	Sales 3

Units GS05	Type Shop	Beds —	Size 1,925 sqft	Avg Price AED 1.4M	Last Price AED 1.5M	Last Sold over 9 years ago	Sales 2

Units 7 units	Type Flat	Beds 2 B/R	Size 980 sqft	Avg Price AED 798K	Last Price AED 800K	Last Sold over 10 years ago	Sales 11

Units 419	Type Flat	Beds 2 B/R	Size 990 sqft	Avg Price AED 836K	Last Price AED 800K	Last Sold over 11 years ago	Sales 2

Units GS10	Type Shop	Beds —	Size 1,068 sqft	Avg Price AED 644K	Last Price AED 753K	Last Sold almost 12 years ago	Sales 2

Units GS09	Type Shop	Beds —	Size 1,166 sqft	Avg Price AED 909K	Last Price AED 1.0M	Last Sold about 12 years ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 1,025 sqft	Avg Price AED 496K	Last Price AED 500K	Last Sold over 12 years ago	Sales 2

Units GS01	Type Shop	Beds —	Size 755 sqft	Avg Price AED 415K	Last Price AED 415K	Last Sold over 12 years ago	Sales 1

Units GS03	Type Shop	Beds —	Size 1,134 sqft	Avg Price AED 624K	Last Price AED 624K	Last Sold over 12 years ago	Sales 1

Units GS02	Type Shop	Beds —	Size 1,348 sqft	Avg Price AED 741K	Last Price AED 741K	Last Sold over 12 years ago	Sales 1

Units GS04	Type Shop	Beds —	Size 2,704 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold over 12 years ago	Sales 1

Units 424	Type Flat	Beds 1 B/R	Size 668 sqft	Avg Price AED 617K	Last Price AED 617K	Last Sold almost 14 years ago	Sales 1

38 unique layouts covering 174 units