Sobha Hartland One Park Avenue

Ready

DeveloperSOBHA L.L.C

CommunitySOBHA HARTLAND

AreaAl Merkadh

Started

6 years 5 months ago15-08-2019

Handover

2 years 9 months ago15-04-2023

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF G+3P+24+R RESIDENTIAL BUILDING WITH RETAIL AT GROUND FLOOR LOCATED IN AL MERKADH. 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

Growth

Current:AED 2,192/sqft

Last 12M:AED 2,203/sqft

Momentum: Last 12Mvs Prior Year

Rising

+9%

Growth

Last 12M:AED 2,203/sqft

Prior Year:AED 2,015/sqft

Community Compare: Last 90DSOBHA HARTLAND

Premium

+21%

Above Avg

Project:AED 2,192/sqft

Community:AED 1,811/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

39Sold (Last 12M)

Supply & Demand Matrix

Sobha Hartland One Park Avenue averaged 9% 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

1 Bedroom

96 units

9 sold87 left

Velocity

2 Bedrooms

166 units

13 sold153 left

Velocity

3 Bedrooms

137 units

15 sold122 left

11%

Velocity

4 Bedrooms

4 units

0 sold4 left

Velocity

Shop

12 units

2 sold10 left

17%

Velocity

Layouts & Units (415)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 42 units	Type Flat	Beds 1 B/R	Size 743 sqft	Avg Price AED 1.4M	Last Price AED 1.7M	Last Sold 17 days ago	Sales 8

Units 101 units	Type Flat	Beds 2 B/R	Size 1,165 sqft	Avg Price AED 2.3M	Last Price AED 2.6M	Last Sold about 2 months ago	Sales 34

Units 23 units	Type Flat	Beds 3 B/R	Size 1,480 sqft	Avg Price AED 2.9M	Last Price AED 3.4M	Last Sold about 2 months ago	Sales 7

Units 4 units	Type Flat	Beds 3 B/R	Size 1,462 sqft	Avg Price AED 2.9M	Last Price AED 3.3M	Last Sold about 2 months ago	Sales 3

Units 27 units	Type Flat	Beds 3 B/R	Size 1,535 sqft	Avg Price AED 3.1M	Last Price AED 3.2M	Last Sold 2 months ago	Sales 11

Units 108	Type Flat	Beds 1 B/R	Size 856 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 3 months ago	Sales 1

Units 19 units	Type Flat	Beds 3 B/R	Size 1,463 sqft	Avg Price AED 3.0M	Last Price AED 3.2M	Last Sold 5 months ago	Sales 6

Units 19 units	Type Flat	Beds 3 B/R	Size 1,540 sqft	Avg Price AED 2.9M	Last Price AED 3.2M	Last Sold 6 months ago	Sales 11

Units 20 units	Type Flat	Beds 1 B/R	Size 739 sqft	Avg Price AED 1.5M	Last Price AED 1.7M	Last Sold 6 months ago	Sales 6

Units 12 units	Type Flat	Beds 2 B/R	Size 1,089 sqft	Avg Price AED 2.3M	Last Price AED 2.5M	Last Sold 7 months ago	Sales 5

Units 12 units	Type Flat	Beds 2 B/R	Size 1,087 sqft	Avg Price AED 2.1M	Last Price AED 2.4M	Last Sold 8 months ago	Sales 7

Units 30 units	Type Flat	Beds 1 B/R	Size 737 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold 8 months ago	Sales 14

Units 33 units	Type Flat	Beds 2 B/R	Size 1,171 sqft	Avg Price AED 2.2M	Last Price AED 2.5M	Last Sold 10 months ago	Sales 9

Units 19 units	Type Flat	Beds 3 B/R	Size 1,486 sqft	Avg Price AED 2.6M	Last Price AED 2.1M	Last Sold about 1 year ago	Sales 4

Units 19 units	Type Flat	Beds 3 B/R	Size 1,531 sqft	Avg Price AED 2.6M	Last Price AED 2.3M	Last Sold over 1 year ago	Sales 3

Units 115	Type Flat	Beds 3 B/R	Size 1,607 sqft	Avg Price AED 2.5M	Last Price AED 2.5M	Last Sold over 2 years ago	Sales 1

Units RETAIL 07	Type Shop	Beds —	Size 970 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 02	Type Shop	Beds —	Size 989 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 06	Type Shop	Beds —	Size 998 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 03	Type Shop	Beds —	Size 1,086 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 04	Type Shop	Beds —	Size 1,713 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 05	Type Shop	Beds —	Size 1,732 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 08	Type Shop	Beds —	Size 1,830 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 01	Type Shop	Beds —	Size 1,923 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 05A	Type Shop	Beds —	Size 2,169 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 11	Type Shop	Beds —	Size 2,355 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 09	Type Shop	Beds —	Size 2,407 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 10	Type Shop	Beds —	Size 3,112 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 107	Type Flat	Beds 1 B/R	Size 847 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Flat	Beds 1 B/R	Size 867 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Flat	Beds 1 B/R	Size 870 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 111	Type Flat	Beds 2 B/R	Size 1,280 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,284 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 112	Type Flat	Beds 2 B/R	Size 1,291 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 105	Type Flat	Beds 2 B/R	Size 1,300 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 103	Type Flat	Beds 2 B/R	Size 1,306 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,308 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 3 B/R	Size 1,490 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 114	Type Flat	Beds 3 B/R	Size 1,741 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 113	Type Flat	Beds 3 B/R	Size 1,749 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 4 B/R	Size 2,963 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

41 unique layouts covering 415 units