MIDTOWN - NOOR

Ready

DeveloperDEYAAR DEVELOPMENT (P.J.S.C)

CommunityInternational Media Production Zone

AreaMe'Aisem First

Started

5 years 10 months ago29-02-2020

Handover

2 years 10 months ago28-02-2023

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF (G+9+R)X 3, (G+16+R)X 1 & (G+7+R)X 3 RESIDENTIAL APARTMENTS LOCATED IN ME'AISEM FIRST. 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%

Growth

Current:AED 1,316/sqft

Last 12M:AED 1,298/sqft

Momentum: Last 12Mvs Prior Year

Rising

+5%

Growth

Last 12M:AED 1,298/sqft

Prior Year:AED 1,235/sqft

Community Compare: Last 90DInternational Media Production Zone

At Market

+2%

Above Avg

Project:AED 1,308/sqft

Community:AED 1,280/sqft

Liquidity: Last 12MExit Speed

Low

5%Turnover

30Sold (Last 12M)

Supply & Demand Matrix

MIDTOWN - NOOR averaged 5% 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

68 units

5 sold63 left

Velocity

1 Bedroom

388 units

19 sold369 left

Velocity

2 Bedrooms

127 units

6 sold121 left

Velocity

3 Bedrooms

10 units

0 sold10 left

Velocity

Shop

13 units

0 sold13 left

Velocity

Layouts & Units (606)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 62 units	Type Flat	Beds 1 B/R	Size 734 sqft	Avg Price AED 974K	Last Price AED 1.0M	Last Sold 8 days ago	Sales 5

Units 14 units	Type Flat	Beds 1 B/R	Size 638 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 9 days ago	Sales 1

Units 14 units	Type Flat	Beds Studio	Size 431 sqft	Avg Price AED 578K	Last Price AED 580K	Last Sold 24 days ago	Sales 2

Units 46 units	Type Flat	Beds 2 B/R	Size 1,165 sqft	Avg Price AED 1.4M	Last Price AED 1.3M	Last Sold 29 days ago	Sales 4

Units 3 units	Type Flat	Beds 2 B/R	Size 1,254 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold about 1 month ago	Sales 1

Units 7 units	Type Flat	Beds 1 B/R	Size 915 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold about 2 months ago	Sales 1

Units 16 units	Type Flat	Beds Studio	Size 434 sqft	Avg Price AED 558K	Last Price AED 550K	Last Sold about 2 months ago	Sales 3

Units 4 units	Type Flat	Beds 1 B/R	Size 787 sqft	Avg Price AED 750K	Last Price AED 750K	Last Sold about 2 months ago	Sales 1

Units 66 units	Type Flat	Beds 1 B/R	Size 680 sqft	Avg Price AED 865K	Last Price AED 830K	Last Sold 3 months ago	Sales 4

Units 16 units	Type Flat	Beds Studio	Size 440 sqft	Avg Price AED 590K	Last Price AED 620K	Last Sold 3 months ago	Sales 2

Units 48 units	Type Flat	Beds 1 B/R	Size 637 sqft	Avg Price AED 845K	Last Price AED 950K	Last Sold 3 months ago	Sales 6

Units 5 units	Type Flat	Beds 2 B/R	Size 1,512 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold 4 months ago	Sales 1

Units 82 units	Type Flat	Beds 1 B/R	Size 620 sqft	Avg Price AED 850K	Last Price AED 870K	Last Sold 6 months ago	Sales 3

Units 3 units	Type Flat	Beds 2 B/R	Size 1,226 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 8 months ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 1,038 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 8 months ago	Sales 1

Units 9 units	Type Flat	Beds 1 B/R	Size 832 sqft	Avg Price AED 960K	Last Price AED 960K	Last Sold 9 months ago	Sales 1

Units 16 units	Type Flat	Beds 1 B/R	Size 659 sqft	Avg Price AED 830K	Last Price AED 830K	Last Sold 10 months ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 1,047 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 12 months ago	Sales 1

Units 54 units	Type Flat	Beds 1 B/R	Size 657 sqft	Avg Price AED 815K	Last Price AED 880K	Last Sold about 1 year ago	Sales 2

Units 4 units	Type Flat	Beds 1 B/R	Size 949 sqft	Avg Price AED 900K	Last Price AED 900K	Last Sold about 1 year ago	Sales 1

Units Noor - S08	Type Shop	Beds —	Size 374 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Noor - S07	Type Shop	Beds —	Size 380 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Noor - S09	Type Shop	Beds —	Size 732 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Noor - S06	Type Shop	Beds —	Size 919 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Noor - S05	Type Shop	Beds —	Size 1,122 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 1,468 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Shop	Beds —	Size 1,633 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Noor - S10	Type Shop	Beds —	Size 1,672 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Noor - S11	Type Shop	Beds —	Size 2,370 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Noor - S03	Type Shop	Beds —	Size 2,726 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 10 units	Type Flat	Beds 1 B/R	Size 792 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Flat	Beds 1 B/R	Size 918 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 106	Type Flat	Beds 1 B/R	Size 945 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 953 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 1,050 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 16 units	Type Flat	Beds 2 B/R	Size 996 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 9 units	Type Flat	Beds 2 B/R	Size 1,140 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 14 units	Type Flat	Beds 2 B/R	Size 1,181 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 10 units	Type Flat	Beds 2 B/R	Size 1,183 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 15 units	Type Flat	Beds 2 B/R	Size 1,191 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 2 B/R	Size 1,213 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 513	Type Flat	Beds 2 B/R	Size 1,228 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Flat	Beds 2 B/R	Size 1,514 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 3 B/R	Size 1,802 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 3 B/R	Size 1,804 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 14 units	Type Flat	Beds Studio	Size 444 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 670 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 691 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds Studio	Size 732 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 104	Type Flat	Beds Studio	Size 735 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

50 unique layouts covering 606 units