MIDTOWN - MESK

Ready

DeveloperDEYAAR DEVELOPMENT (P.J.S.C)

CommunityInternational Media Production Zone

AreaMe'Aisem First

Started

5 years 10 months ago29-02-2020

Handover

3 years 4 months ago31-08-2022

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF (G+16+R)X 1 & (G+7+R)X 3 RESIDENTIAL APARTMENTS + RETAILS 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

+2%

Growth

Current:AED 1,310/sqft

Last 12M:AED 1,284/sqft

Momentum: Last 12Mvs Prior Year

Rising

+12%

Growth

Last 12M:AED 1,284/sqft

Prior Year:AED 1,144/sqft

Community Compare: Last 90DInternational Media Production Zone

At Market

-1%

Below Avg

Project:AED 1,270/sqft

Community:AED 1,280/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

29Sold (Last 12M)

Supply & Demand Matrix

MIDTOWN - MESK averaged 10% 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

17 units

0 sold17 left

Velocity

1 Bedroom

73 units

14 sold59 left

19%

Velocity

2 Bedrooms

175 units

15 sold160 left

Velocity

3 Bedrooms

10 units

0 sold10 left

Velocity

Shop

7 units

0 sold7 left

Velocity

Layouts & Units (282)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 8 units	Type Flat	Beds 2 B/R	Size 1,040 sqft	Avg Price AED 1.3M	Last Price AED 1.5M	Last Sold 15 days ago	Sales 5

Units 18 units	Type Flat	Beds 1 B/R	Size 786 sqft	Avg Price AED 940K	Last Price AED 1.1M	Last Sold 16 days ago	Sales 7

Units 4 units	Type Flat	Beds 2 B/R	Size 1,215 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold 17 days ago	Sales 1

Units 14 units	Type Flat	Beds 1 B/R	Size 667 sqft	Avg Price AED 896K	Last Price AED 955K	Last Sold 29 days ago	Sales 6

Units 9 units	Type Flat	Beds 1 B/R	Size 832 sqft	Avg Price AED 951K	Last Price AED 1.0M	Last Sold about 2 months ago	Sales 5

Units 24 units	Type Flat	Beds 2 B/R	Size 1,181 sqft	Avg Price AED 1.5M	Last Price AED 1.7M	Last Sold 2 months ago	Sales 3

Units 14 units	Type Flat	Beds 2 B/R	Size 1,200 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold 2 months ago	Sales 1

Units 6 units	Type Flat	Beds 2 B/R	Size 1,512 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 3 months ago	Sales 1

Units 14 units	Type Flat	Beds 2 B/R	Size 1,057 sqft	Avg Price AED 1.3M	Last Price AED 1.5M	Last Sold 3 months ago	Sales 6

Units 16 units	Type Flat	Beds 1 B/R	Size 899 sqft	Avg Price AED 1.0M	Last Price AED 1.1M	Last Sold 5 months ago	Sales 7

Units 2 units	Type Flat	Beds 1 B/R	Size 978 sqft	Avg Price AED 1.0M	Last Price AED 1.1M	Last Sold 5 months ago	Sales 2

Units 46 units	Type Flat	Beds 2 B/R	Size 1,166 sqft	Avg Price AED 1.4M	Last Price AED 1.6M	Last Sold 6 months ago	Sales 4

Units 9 units	Type Flat	Beds 2 B/R	Size 1,140 sqft	Avg Price AED 1.5M	Last Price AED 1.6M	Last Sold 6 months ago	Sales 2

Units 23 units	Type Flat	Beds 2 B/R	Size 1,044 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 8 months ago	Sales 5

Units 3 units	Type Flat	Beds 1 B/R	Size 1,047 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 8 months ago	Sales 1

Units 10 units	Type Flat	Beds 1 B/R	Size 788 sqft	Avg Price AED 930K	Last Price AED 930K	Last Sold 12 months ago	Sales 1

Units 102	Type Flat	Beds 2 B/R	Size 1,587 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold almost 2 years ago	Sales 1

Units 8 units	Type Flat	Beds 3 B/R	Size 1,805 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold about 2 years ago	Sales 1

Units MESK-S02	Type Shop	Beds —	Size 755 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units MESK-S01	Type Shop	Beds —	Size 980 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units MESK-S04	Type Shop	Beds —	Size 1,123 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units MESK-S06	Type Shop	Beds —	Size 1,247 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units MESK-S05	Type Shop	Beds —	Size 1,400 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units MESK-S03	Type Shop	Beds —	Size 1,556 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units MESK-S07	Type Shop	Beds —	Size 9,222 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 106	Type Flat	Beds 1 B/R	Size 1,120 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,058 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 2 units	Type Flat	Beds 2 B/R	Size 1,227 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

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

Units 3 units	Type Flat	Beds 2 B/R	Size 1,254 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,453 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 3 B/R	Size 1,802 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 14 units	Type Flat	Beds Studio	Size 461 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 697 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 103	Type Flat	Beds Studio	Size 788 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

36 unique layouts covering 282 units