MADISON RESIDENCE

Ready

DeveloperDAMAC DEVELOPMENT(L L C)

CommunityMajan

AreaWadi Al Safa 3

Started

15 years 9 months ago01-04-2010

Handover

12 years 3 months ago25-09-2013

Status

CompleteFinished

Project Description

Madison Park is freehold residential development located in Nad Al Shiba - Mizin. The Project comprises of 2 low rise buildings (2 & 4 storey height), Columbus & Astor.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

-1%

Decline

Current:AED 845/sqft

Last 12M:AED 854/sqft

Momentum: Last 12Mvs Prior Year

Rising

+12%

Growth

Last 12M:AED 854/sqft

Prior Year:AED 764/sqft

Community Compare: Last 90DMajan

Discount

-49%

Below Avg

Project:AED 845/sqft

Community:AED 1,646/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

12Sold (Last 12M)

Supply & Demand Matrix

MADISON RESIDENCE 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

99 units

11 sold88 left

11%

Velocity

1 Bedroom

15 units

0 sold15 left

Velocity

2 Bedrooms

3 units

0 sold3 left

Velocity

Shop

6 units

1 sold5 left

17%

Velocity

Layouts & Units (123)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 31 units	Type Flat	Beds Studio	Size 512 sqft	Avg Price AED 425K	Last Price AED 430K	Last Sold 2 months ago	Sales 13

Units 12 units	Type Flat	Beds Studio	Size 506 sqft	Avg Price AED 482K	Last Price AED 400K	Last Sold 3 months ago	Sales 14

Units 14 units	Type Flat	Beds Studio	Size 596 sqft	Avg Price AED 496K	Last Price AED 510K	Last Sold 3 months ago	Sales 15

Units 4	Type Shop	Beds —	Size 652 sqft	Avg Price AED 513K	Last Price AED 700K	Last Sold 4 months ago	Sales 2

Units 2 units	Type Flat	Beds Studio	Size 652 sqft	Avg Price AED 578K	Last Price AED 550K	Last Sold 5 months ago	Sales 3

Units 2 units	Type Flat	Beds Studio	Size 626 sqft	Avg Price AED 460K	Last Price AED 460K	Last Sold 8 months ago	Sales 1

Units 108	Type Flat	Beds 1 B/R	Size 1,609 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold about 1 year ago	Sales 1

Units 101	Type Flat	Beds 2 B/R	Size 1,273 sqft	Avg Price AED 780K	Last Price AED 780K	Last Sold almost 2 years ago	Sales 1

Units 9 units	Type Flat	Beds Studio	Size 466 sqft	Avg Price AED 413K	Last Price AED 370K	Last Sold almost 2 years ago	Sales 15

Units 6 units	Type Flat	Beds Studio	Size 590 sqft	Avg Price AED 632K	Last Price AED 460K	Last Sold almost 2 years ago	Sales 3

Units 3 units	Type Flat	Beds 1 B/R	Size 795 sqft	Avg Price AED 725K	Last Price AED 780K	Last Sold almost 2 years ago	Sales 5

Units 139	Type Flat	Beds 1 B/R	Size 807 sqft	Avg Price AED 535K	Last Price AED 655K	Last Sold over 2 years ago	Sales 3

Units 5	Type Shop	Beds —	Size 1,907 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold over 2 years ago	Sales 1

Units 1	Type Shop	Beds —	Size 1,069 sqft	Avg Price AED 454K	Last Price AED 454K	Last Sold over 2 years ago	Sales 1

Units 2	Type Shop	Beds —	Size 1,101 sqft	Avg Price AED 759K	Last Price AED 759K	Last Sold over 2 years ago	Sales 1

Units 2 units	Type Flat	Beds 2 B/R	Size 1,167 sqft	Avg Price AED 607K	Last Price AED 600K	Last Sold over 3 years ago	Sales 2

Units 2 units	Type Flat	Beds Studio	Size 532 sqft	Avg Price AED 300K	Last Price AED 300K	Last Sold over 5 years ago	Sales 1

Units 129	Type Flat	Beds Studio	Size 573 sqft	Avg Price AED 400K	Last Price AED 400K	Last Sold over 9 years ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 727 sqft	Avg Price AED 628K	Last Price AED 690K	Last Sold about 10 years ago	Sales 4

Units 2 units	Type Flat	Beds Studio	Size 452 sqft	Avg Price AED 407K	Last Price AED 407K	Last Sold about 11 years ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 730 sqft	Avg Price AED 640K	Last Price AED 640K	Last Sold about 11 years ago	Sales 1

Units 121	Type Flat	Beds 1 B/R	Size 898 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold over 11 years ago	Sales 2

Units 2 units	Type Flat	Beds Studio	Size 635 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold almost 12 years ago	Sales 1

Units 107	Type Flat	Beds 1 B/R	Size 758 sqft	Avg Price AED 739K	Last Price AED 739K	Last Sold almost 12 years ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 1,001 sqft	Avg Price AED 977K	Last Price AED 977K	Last Sold almost 12 years ago	Sales 1

Units 2 units	Type Flat	Beds Studio	Size 534 sqft	Avg Price AED 521K	Last Price AED 521K	Last Sold almost 12 years ago	Sales 1

Units 307	Type Flat	Beds 1 B/R	Size 627 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 207	Type Flat	Beds 1 B/R	Size 630 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 138	Type Flat	Beds Studio	Size 502 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 513 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 520 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 538 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 127	Type Flat	Beds Studio	Size 553 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 137	Type Flat	Beds Studio	Size 558 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 128	Type Flat	Beds Studio	Size 567 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 115	Type Flat	Beds Studio	Size 586 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 120	Type Flat	Beds Studio	Size 598 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 106	Type Flat	Beds Studio	Size 693 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 122	Type Flat	Beds Studio	Size 780 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3	Type Shop	Beds —	Size 670 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6	Type Shop	Beds —	Size 947 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

41 unique layouts covering 123 units