MADA RESIDENCES TOWER

Ready

DeveloperARTAR REAL ESTATE DEVELOPMENT L.L.C

CommunityDownTown Dubai

AreaBurj Khalifa

Started

10 years 4 months ago01-09-2015

Handover

7 years 6 months ago30-06-2018

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF G+4P+32+M+HC RESIDENTIAL BUILDING LOCATED IN BURJ KHALIFA. 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

-1%

Decline

Current:AED 1,817/sqft

Last 12M:AED 1,844/sqft

Momentum: Last 12Mvs Prior Year

Rising

+10%

Growth

Last 12M:AED 1,844/sqft

Prior Year:AED 1,681/sqft

Community Compare: Last 90DDownTown Dubai

Discount

-35%

Below Avg

Project:AED 1,817/sqft

Community:AED 2,814/sqft

Liquidity: Last 12MExit Speed

Moderate

14%Turnover

27Sold (Last 12M)

Supply & Demand Matrix

MADA RESIDENCES TOWER averaged 14% 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

1 Bedroom

56 units

9 sold47 left

16%

Velocity

2 Bedrooms

80 units

6 sold74 left

Velocity

3 Bedrooms

48 units

12 sold36 left

25%

Velocity

4 Bedrooms

9 units

0 sold9 left

Velocity

Layouts & Units (193)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 7 units	Type Flat	Beds 3 B/R	Size 2,105 sqft	Avg Price AED 3.6M	Last Price AED 4.0M	Last Sold 11 days ago	Sales 4

Units 2 units	Type Flat	Beds 3 B/R	Size 2,397 sqft	Avg Price AED 4.5M	Last Price AED 4.5M	Last Sold 15 days ago	Sales 1

Units 16 units	Type Flat	Beds 3 B/R	Size 2,196 sqft	Avg Price AED 3.6M	Last Price AED 4.0M	Last Sold 24 days ago	Sales 11

Units 2303	Type Flat	Beds 3 B/R	Size 2,254 sqft	Avg Price AED 4.0M	Last Price AED 4.0M	Last Sold about 1 month ago	Sales 1

Units 12 units	Type Flat	Beds 2 B/R	Size 1,619 sqft	Avg Price AED 2.2M	Last Price AED 3.2M	Last Sold about 1 month ago	Sales 13

Units 4 units	Type Flat	Beds 3 B/R	Size 2,101 sqft	Avg Price AED 3.3M	Last Price AED 3.8M	Last Sold about 1 month ago	Sales 3

Units 4 units	Type Flat	Beds 2 B/R	Size 1,614 sqft	Avg Price AED 2.6M	Last Price AED 3.0M	Last Sold 2 months ago	Sales 3

Units 2 units	Type Flat	Beds 3 B/R	Size 2,010 sqft	Avg Price AED 3.6M	Last Price AED 3.6M	Last Sold 3 months ago	Sales 1

Units 2304	Type Flat	Beds 3 B/R	Size 3,199 sqft	Avg Price AED 5.0M	Last Price AED 5.0M	Last Sold 4 months ago	Sales 1

Units 2 units	Type Flat	Beds 3 B/R	Size 2,408 sqft	Avg Price AED 4.8M	Last Price AED 4.8M	Last Sold 5 months ago	Sales 1

Units 8 units	Type Flat	Beds 1 B/R	Size 1,101 sqft	Avg Price AED 1.9M	Last Price AED 2.0M	Last Sold 6 months ago	Sales 6

Units 8 units	Type Flat	Beds 1 B/R	Size 1,114 sqft	Avg Price AED 1.8M	Last Price AED 2.1M	Last Sold 6 months ago	Sales 5

Units 15 units	Type Flat	Beds 1 B/R	Size 903 sqft	Avg Price AED 1.5M	Last Price AED 1.6M	Last Sold 7 months ago	Sales 12

Units 4 units	Type Flat	Beds 3 B/R	Size 2,093 sqft	Avg Price AED 3.5M	Last Price AED 3.9M	Last Sold 8 months ago	Sales 4

Units 8 units	Type Flat	Beds 2 B/R	Size 1,656 sqft	Avg Price AED 2.2M	Last Price AED 3.0M	Last Sold 8 months ago	Sales 9

Units 8 units	Type Flat	Beds 1 B/R	Size 1,087 sqft	Avg Price AED 1.7M	Last Price AED 2.1M	Last Sold 8 months ago	Sales 3

Units 7 units	Type Flat	Beds 2 B/R	Size 1,530 sqft	Avg Price AED 2.2M	Last Price AED 2.6M	Last Sold 9 months ago	Sales 5

Units 8 units	Type Flat	Beds 1 B/R	Size 1,040 sqft	Avg Price AED 1.6M	Last Price AED 2.4M	Last Sold 10 months ago	Sales 8

Units 3602	Type Flat	Beds 4 B/R	Size 3,306 sqft	Avg Price AED 5.7M	Last Price AED 6.1M	Last Sold about 1 year ago	Sales 2

Units 2901	Type Flat	Beds 3 B/R	Size 2,108 sqft	Avg Price AED 3.7M	Last Price AED 3.7M	Last Sold over 1 year ago	Sales 1

Units 3502	Type Flat	Beds 4 B/R	Size 3,296 sqft	Avg Price AED 5.5M	Last Price AED 5.5M	Last Sold over 1 year ago	Sales 1

Units 11 units	Type Flat	Beds 2 B/R	Size 1,527 sqft	Avg Price AED 2.2M	Last Price AED 2.4M	Last Sold over 1 year ago	Sales 5

Units 14 units	Type Flat	Beds 2 B/R	Size 1,522 sqft	Avg Price AED 2.1M	Last Price AED 2.6M	Last Sold over 1 year ago	Sales 6

Units 3501	Type Flat	Beds 4 B/R	Size 2,888 sqft	Avg Price AED 5.2M	Last Price AED 5.2M	Last Sold almost 2 years ago	Sales 1

Units 3503	Type Flat	Beds 4 B/R	Size 3,251 sqft	Avg Price AED 5.7M	Last Price AED 5.7M	Last Sold almost 2 years ago	Sales 2

Units 3603	Type Flat	Beds 4 B/R	Size 3,253 sqft	Avg Price AED 5.8M	Last Price AED 5.8M	Last Sold almost 2 years ago	Sales 1

Units 13 units	Type Flat	Beds 2 B/R	Size 1,662 sqft	Avg Price AED 2.1M	Last Price AED 2.3M	Last Sold over 2 years ago	Sales 5

Units 503	Type Flat	Beds 3 B/R	Size 4,660 sqft	Avg Price AED 3.8M	Last Price AED 5.3M	Last Sold almost 3 years ago	Sales 2

Units 5 units	Type Flat	Beds 1 B/R	Size 1,138 sqft	Avg Price AED 1.2M	Last Price AED 1.7M	Last Sold about 3 years ago	Sales 3

Units 3 units	Type Flat	Beds 1 B/R	Size 1,134 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold about 3 years ago	Sales 1

Units 3 units	Type Flat	Beds 3 B/R	Size 2,383 sqft	Avg Price AED 2.3M	Last Price AED 2.5M	Last Sold almost 5 years ago	Sales 2

Units 504	Type Flat	Beds 4 B/R	Size 12,405 sqft	Avg Price AED 3.1M	Last Price AED 3.1M	Last Sold almost 5 years ago	Sales 1

Units 501	Type Flat	Beds 4 B/R	Size 5,895 sqft	Avg Price AED 3.0M	Last Price AED 3.0M	Last Sold almost 5 years ago	Sales 1

Units 3203	Type Flat	Beds 4 B/R	Size 5,760 sqft	Avg Price AED 3.5M	Last Price AED 3.5M	Last Sold almost 5 years ago	Sales 1

Units 502	Type Flat	Beds 3 B/R	Size 7,892 sqft	Avg Price AED 2.5M	Last Price AED 2.5M	Last Sold almost 5 years ago	Sales 1

Units 2 units	Type Flat	Beds 3 B/R	Size 2,407 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold almost 5 years ago	Sales 1

Units 1301	Type Flat	Beds 1 B/R	Size 889 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 8 units	Type Flat	Beds 2 B/R	Size 1,628 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 2 B/R	Size 1,664 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3404	Type Flat	Beds 3 B/R	Size 2,398 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3601	Type Flat	Beds 4 B/R	Size 2,884 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

41 unique layouts covering 193 units