DAMAC HILLS (2) - VIRIDIS
ReadyCommunityDAMAC HILLS 2
AreaMadinat Hind 4
Started
10 years 1 month ago01-12-2015
Handover
3 years 4 months ago26-08-2022
Status
CompleteFinished
Project Description
Project consists of 4 towers with building type as serviced apartments with retails for 2 towers and residential apartments with retails for the other 2 towers. Tower A:G+1P+13+R Tower B:G+1P+13+R Tower C:G+1P+13+R Tower D:G+1P+13+R with internal and external finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Rising+6%
GrowthCurrent:AED 1,067/sqft
Last 12M:AED 1,002/sqft
Momentum: Last 12Mvs Prior Year
Rising+12%
GrowthLast 12M:AED 1,002/sqft
Prior Year:AED 897/sqft
Community Compare: Last 90DDAMAC HILLS 2
Premium+17%
Above AvgProject:AED 1,065/sqft
Community:AED 913/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
103Sold (Last 12M)
Supply & Demand Matrix
DAMAC HILLS (2) - VIRIDIS averaged 12% 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
576 units
69 sold507 left
12%
Velocity
1 Bedroom
170 units
25 sold145 left
15%
Velocity
2 Bedrooms
108 units
9 sold99 left
8%
Velocity
Shop
16 units
0 sold16 left
0%
Velocity
Layouts & Units (870)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 24 units | Type Flat | Beds 1 B/R | Size 764 sqft | Avg Price AED 626K | Last Price AED 700K | Last Sold 11 days ago | Sales 10 |
Units 75 units | Type Flat | Beds Studio | Size 429 sqft | Avg Price AED 398K | Last Price AED 445K | Last Sold 17 days ago | Sales 29 |
Units 43 units | Type Flat | Beds Studio | Size 426 sqft | Avg Price AED 384K | Last Price AED 450K | Last Sold 18 days ago | Sales 13 |
Units 12 units | Type Flat | Beds Studio | Size 385 sqft | Avg Price AED 392K | Last Price AED 420K | Last Sold 25 days ago | Sales 5 |
Units 4 units | Type Hotel Apartment | Beds Studio | Size 364 sqft | Avg Price AED 400K | Last Price AED 400K | Last Sold about 1 month ago | Sales 1 |
Units 30 units | Type Hotel Apartment | Beds Studio | Size 426 sqft | Avg Price AED 401K | Last Price AED 450K | Last Sold about 2 months ago | Sales 9 |
Units 24 units | Type Hotel Apartment | Beds 2 B/R | Size 1,104 sqft | Avg Price AED 860K | Last Price AED 1.0M | Last Sold about 2 months ago | Sales 7 |
Units 24 units | Type Flat | Beds 1 B/R | Size 748 sqft | Avg Price AED 657K | Last Price AED 700K | Last Sold 2 months ago | Sales 10 |
Units 23 units | Type Flat | Beds Studio | Size 409 sqft | Avg Price AED 391K | Last Price AED 480K | Last Sold 2 months ago | Sales 13 |
Units 12 units | Type Hotel Apartment | Beds Studio | Size 355 sqft | Avg Price AED 372K | Last Price AED 385K | Last Sold 3 months ago | Sales 6 |
Units 59 units | Type Hotel Apartment | Beds Studio | Size 420 sqft | Avg Price AED 434K | Last Price AED 535K | Last Sold 3 months ago | Sales 15 |
Units 10 units | Type Flat | Beds Studio | Size 355 sqft | Avg Price AED 366K | Last Price AED 430K | Last Sold 3 months ago | Sales 7 |
Units 66 units | Type Flat | Beds Studio | Size 418 sqft | Avg Price AED 403K | Last Price AED 415K | Last Sold 3 months ago | Sales 29 |
Units 114 units | Type Hotel Apartment | Beds Studio | Size 431 sqft | Avg Price AED 399K | Last Price AED 400K | Last Sold 4 months ago | Sales 34 |
Units 24 units | Type Flat | Beds Studio | Size 567 sqft | Avg Price AED 462K | Last Price AED 500K | Last Sold 4 months ago | Sales 7 |
Units 2 units | Type Hotel Apartment | Beds Studio | Size 568 sqft | Avg Price AED 510K | Last Price AED 510K | Last Sold 4 months ago | Sales 1 |
Units 2 units | Type Hotel Apartment | Beds 1 B/R | Size 653 sqft | Avg Price AED 623K | Last Price AED 630K | Last Sold 4 months ago | Sales 2 |
Units 16 units | Type Hotel Apartment | Beds Studio | Size 417 sqft | Avg Price AED 432K | Last Price AED 460K | Last Sold 5 months ago | Sales 5 |
Units 2 units | Type Hotel Apartment | Beds 1 B/R | Size 828 sqft | Avg Price AED 692K | Last Price AED 750K | Last Sold 6 months ago | Sales 2 |
Units 24 units | Type Hotel Apartment | Beds 1 B/R | Size 750 sqft | Avg Price AED 683K | Last Price AED 710K | Last Sold 6 months ago | Sales 2 |
Units 21 units | Type Hotel Apartment | Beds Studio | Size 407 sqft | Avg Price AED 393K | Last Price AED 430K | Last Sold 7 months ago | Sales 5 |
Units 23 units | Type Hotel Apartment | Beds 2 B/R | Size 1,093 sqft | Avg Price AED 983K | Last Price AED 1.0M | Last Sold 7 months ago | Sales 4 |
Units 24 units | Type Hotel Apartment | Beds 1 B/R | Size 762 sqft | Avg Price AED 720K | Last Price AED 720K | Last Sold 7 months ago | Sales 1 |
Units 3 units | Type Hotel Apartment | Beds Studio | Size 410 sqft | Avg Price AED 366K | Last Price AED 422K | Last Sold 9 months ago | Sales 2 |
Units 2 units | Type Flat | Beds 1 B/R | Size 665 sqft | Avg Price AED 540K | Last Price AED 600K | Last Sold 9 months ago | Sales 4 |
Units 26 units | Type Flat | Beds 2 B/R | Size 1,095 sqft | Avg Price AED 854K | Last Price AED 960K | Last Sold 9 months ago | Sales 9 |
Units 13 units | Type Flat | Beds 1 B/R | Size 801 sqft | Avg Price AED 660K | Last Price AED 700K | Last Sold 9 months ago | Sales 2 |
Units 26 units | Type Flat | Beds 2 B/R | Size 1,106 sqft | Avg Price AED 860K | Last Price AED 935K | Last Sold 10 months ago | Sales 6 |
Units 2 units | Type Hotel Apartment | Beds 2 B/R | Size 1,188 sqft | Avg Price AED 964K | Last Price AED 920K | Last Sold 10 months ago | Sales 2 |
Units 13 units | Type Hotel Apartment | Beds Studio | Size 377 sqft | Avg Price AED 386K | Last Price AED 415K | Last Sold 11 months ago | Sales 4 |
Units 14 units | Type Flat | Beds 1 B/R | Size 773 sqft | Avg Price AED 660K | Last Price AED 660K | Last Sold 11 months ago | Sales 1 |
Units 19 units | Type Flat | Beds Studio | Size 435 sqft | Avg Price AED 398K | Last Price AED 410K | Last Sold about 1 year ago | Sales 2 |
Units 11 units | Type Hotel Apartment | Beds 1 B/R | Size 803 sqft | Avg Price AED 710K | Last Price AED 710K | Last Sold over 1 year ago | Sales 1 |
Units 22 units | Type Hotel Apartment | Beds Studio | Size 565 sqft | Avg Price AED 494K | Last Price AED 455K | Last Sold over 1 year ago | Sales 3 |
Units 4 units | Type Flat | Beds 1 B/R | Size 854 sqft | Avg Price AED 650K | Last Price AED 650K | Last Sold almost 2 years ago | Sales 1 |
Units 2 units | Type Hotel Apartment | Beds Studio | Size 509 sqft | Avg Price AED 407K | Last Price AED 407K | Last Sold almost 2 years ago | Sales 1 |
Units 6 units | Type Hotel Apartment | Beds 1 B/R | Size 844 sqft | Avg Price AED 697K | Last Price AED 697K | Last Sold over 2 years ago | Sales 1 |
Units RETAIL-2 | Type Shop | Beds — | Size 791 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RETAIL-1 | Type Shop | Beds — | Size 904 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RETAIL-3 | Type Shop | Beds — | Size 974 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units GYMNASIUM | Type Shop | Beds — | Size 997 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RETAIL-5A | Type Shop | Beds — | Size 1,051 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RETAIL-7 | Type Shop | Beds — | Size 1,196 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4 units | Type Shop | Beds — | Size 1,240 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RETAIL-9 | Type Shop | Beds — | Size 1,253 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RETAIL-11 | Type Shop | Beds — | Size 1,287 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RETAIL-8 | Type Shop | Beds — | Size 1,376 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RETAIL-6 | Type Shop | Beds — | Size 1,382 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units ALL DAY DINING | Type Shop | Beds — | Size 1,385 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RETAIL-11A | Type Shop | Beds — | Size 2,068 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 208 | Type Flat | Beds 1 B/R | Size 650 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 208 | Type Flat | Beds 1 B/R | Size 653 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Hotel Apartment | Beds 1 B/R | Size 664 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 7 units | Type Hotel Apartment | Beds 1 B/R | Size 773 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds 1 B/R | Size 827 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 1409 | Type Flat | Beds 1 B/R | Size 842 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 5 units | Type Flat | Beds 1 B/R | Size 844 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 603 | Type Flat | Beds 1 B/R | Size 852 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 3 units | Type Hotel Apartment | Beds 2 B/R | Size 1,092 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Hotel Apartment | Beds 2 B/R | Size 1,102 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,187 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 211 | Type Hotel Apartment | Beds Studio | Size 358 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 215 | Type Hotel Apartment | Beds Studio | Size 379 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 407 | Type Flat | Beds Studio | Size 407 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 215A | Type Hotel Apartment | Beds Studio | Size 434 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds Studio | Size 514 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
66 unique layouts covering 870 units