BLUE WAVE

Ready

DeveloperTIGER PROPERTIES

CommunityDubai Land Residence Complex

AreaWadi Al Safa 5

Started

6 years 2 months ago01-11-2019

Handover

2 years 11 months ago30-01-2023

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF 3B+G+4P+2 OFFICES+17+R RESIDENTIAL & COMMERCIAL BUILDING 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%

Growth

Current:AED 989/sqft

Last 12M:AED 974/sqft

Momentum: Last 12Mvs Prior Year

Rising

+13%

Growth

Last 12M:AED 974/sqft

Prior Year:AED 859/sqft

Community Compare: Last 90DDubai Land Residence Complex

Discount

-25%

Below Avg

Project:AED 984/sqft

Community:AED 1,307/sqft

Liquidity: Last 12MExit Speed

Low

7%Turnover

40Sold (Last 12M)

Supply & Demand Matrix

BLUE WAVE averaged 7% 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

328 units

32 sold296 left

10%

Velocity

1 Bedroom

196 units

7 sold189 left

Velocity

2 Bedrooms

34 units

1 sold33 left

Velocity

Shop

2 units

0 sold2 left

Velocity

Office

18 units

0 sold18 left

Velocity

Layouts & Units (578)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 34 units	Type Flat	Beds 1 B/R	Size 979 sqft	Avg Price AED 809K	Last Price AED 840K	Last Sold about 2 months ago	Sales 7

Units 18 units	Type Flat	Beds Studio	Size 472 sqft	Avg Price AED 454K	Last Price AED 505K	Last Sold about 2 months ago	Sales 6

Units 19 units	Type Flat	Beds 1 B/R	Size 808 sqft	Avg Price AED 733K	Last Price AED 820K	Last Sold about 2 months ago	Sales 5

Units 64 units	Type Flat	Beds Studio	Size 575 sqft	Avg Price AED 473K	Last Price AED 565K	Last Sold about 2 months ago	Sales 20

Units 17 units	Type Flat	Beds Studio	Size 580 sqft	Avg Price AED 452K	Last Price AED 520K	Last Sold 3 months ago	Sales 6

Units 32 units	Type Flat	Beds Studio	Size 378 sqft	Avg Price AED 395K	Last Price AED 550K	Last Sold 3 months ago	Sales 6

Units 3 units	Type Flat	Beds Studio	Size 288 sqft	Avg Price AED 395K	Last Price AED 390K	Last Sold 4 months ago	Sales 2

Units 9 units	Type Flat	Beds Studio	Size 572 sqft	Avg Price AED 422K	Last Price AED 450K	Last Sold 4 months ago	Sales 4

Units 17 units	Type Flat	Beds Studio	Size 413 sqft	Avg Price AED 418K	Last Price AED 400K	Last Sold 4 months ago	Sales 3

Units 17 units	Type Flat	Beds Studio	Size 550 sqft	Avg Price AED 430K	Last Price AED 500K	Last Sold 4 months ago	Sales 4

Units 20 units	Type Flat	Beds Studio	Size 366 sqft	Avg Price AED 406K	Last Price AED 445K	Last Sold 4 months ago	Sales 5

Units 10 units	Type Flat	Beds Studio	Size 408 sqft	Avg Price AED 374K	Last Price AED 420K	Last Sold 5 months ago	Sales 3

Units 16 units	Type Flat	Beds Studio	Size 537 sqft	Avg Price AED 471K	Last Price AED 485K	Last Sold 7 months ago	Sales 5

Units 17 units	Type Flat	Beds Studio	Size 455 sqft	Avg Price AED 398K	Last Price AED 485K	Last Sold 8 months ago	Sales 9

Units 16 units	Type Flat	Beds 1 B/R	Size 658 sqft	Avg Price AED 573K	Last Price AED 700K	Last Sold 8 months ago	Sales 4

Units 16 units	Type Flat	Beds 2 B/R	Size 1,125 sqft	Avg Price AED 922K	Last Price AED 1.1M	Last Sold 10 months ago	Sales 3

Units 15 units	Type Flat	Beds Studio	Size 439 sqft	Avg Price AED 423K	Last Price AED 425K	Last Sold 11 months ago	Sales 2

Units 1101	Type Flat	Beds Studio	Size 564 sqft	Avg Price AED 435K	Last Price AED 435K	Last Sold about 1 year ago	Sales 1

Units 8 units	Type Flat	Beds Studio	Size 593 sqft	Avg Price AED 300K	Last Price AED 300K	Last Sold about 1 year ago	Sales 1

Units 26 units	Type Flat	Beds 1 B/R	Size 838 sqft	Avg Price AED 702K	Last Price AED 846K	Last Sold over 1 year ago	Sales 3

Units 17 units	Type Flat	Beds Studio	Size 619 sqft	Avg Price AED 519K	Last Price AED 450K	Last Sold over 1 year ago	Sales 2

Units 9 units	Type Flat	Beds Studio	Size 407 sqft	Avg Price AED 365K	Last Price AED 420K	Last Sold over 1 year ago	Sales 2

Units 34 units	Type Flat	Beds 1 B/R	Size 1,134 sqft	Avg Price AED 882K	Last Price AED 882K	Last Sold almost 2 years ago	Sales 11

Units 2 units	Type Flat	Beds Studio	Size 447 sqft	Avg Price AED 390K	Last Price AED 390K	Last Sold almost 2 years ago	Sales 1

Units 7 units	Type Flat	Beds 1 B/R	Size 836 sqft	Avg Price AED 701K	Last Price AED 701K	Last Sold almost 2 years ago	Sales 2

Units 19 units	Type Flat	Beds 1 B/R	Size 849 sqft	Avg Price AED 688K	Last Price AED 795K	Last Sold over 2 years ago	Sales 3

Units 18 units	Type Flat	Beds Studio	Size 586 sqft	Avg Price AED 400K	Last Price AED 400K	Last Sold over 2 years ago	Sales 1

Units 317	Type Flat	Beds Studio	Size 466 sqft	Avg Price AED 371K	Last Price AED 344K	Last Sold over 2 years ago	Sales 2

Units OFFICE-205	Type Office	Beds —	Size 880 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-206	Type Office	Beds —	Size 1,006 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-203	Type Office	Beds —	Size 1,067 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-202	Type Office	Beds —	Size 1,124 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-201	Type Office	Beds —	Size 1,197 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-208	Type Office	Beds —	Size 1,384 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-209	Type Office	Beds —	Size 1,722 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-207	Type Office	Beds —	Size 1,912 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-204	Type Office	Beds —	Size 2,180 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 968 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 16 units	Type Flat	Beds 1 B/R	Size 1,012 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 1,017 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 17 units	Type Flat	Beds 1 B/R	Size 1,037 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1130	Type Flat	Beds 1 B/R	Size 1,055 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 1,423 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 318	Type Flat	Beds 2 B/R	Size 1,121 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 17 units	Type Flat	Beds 2 B/R	Size 1,338 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds Studio	Size 377 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 322	Type Flat	Beds Studio	Size 385 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1102	Type Flat	Beds Studio	Size 525 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 326	Type Flat	Beds Studio	Size 538 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 9 units	Type Flat	Beds Studio	Size 592 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Flat	Beds Studio	Size 802 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 201	Type Flat	Beds Studio	Size 803 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-105	Type Office	Beds —	Size 880 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-106	Type Office	Beds —	Size 1,006 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-103	Type Office	Beds —	Size 1,067 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-102	Type Office	Beds —	Size 1,124 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-101	Type Office	Beds —	Size 1,197 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-108	Type Office	Beds —	Size 1,384 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-109	Type Office	Beds —	Size 1,722 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-107	Type Office	Beds —	Size 1,912 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OFFICE-104	Type Office	Beds —	Size 2,180 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-2	Type Shop	Beds Office	Size 8,680 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-1	Type Shop	Beds Office	Size 15,315 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

63 unique layouts covering 578 units