The Galleries

Ready

DeveloperROCKWELL REAL ESTATE DEVELOPMENT L.L.C

CommunityMeydan Racecourse Community

AreaNad Al Shiba First

Started

10 years 4 months ago01-09-2015

Handover

6 years 11 months ago04-02-2019

Status

CompleteFinished

Project Description

Proposed G+4+ Roof Residential Commercial Building, Plot no. 158 (618-3899) At Nadd Al Shiba First, Dubai UAE

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-22%

Decline

Current:AED 1,163/sqft

Last 12M:AED 1,490/sqft

Momentum: Last 12Mvs Prior Year

Rising

+9%

Growth

Last 12M:AED 1,490/sqft

Prior Year:AED 1,369/sqft

Community Compare: Last 90DMeydan Racecourse Community

Discount

-35%

Below Avg

Project:AED 1,163/sqft

Community:AED 1,802/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

5Sold (Last 12M)

Supply & Demand Matrix

The Galleries 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

1 Bedroom

14 units

2 sold12 left

14%

Velocity

2 Bedrooms

31 units

3 sold28 left

10%

Velocity

Shop

3 units

0 sold3 left

Velocity

Layouts & Units (48)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 402	Type Flat	Beds 1 B/R	Size 868 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold 5 months ago	Sales 1

Units 3 units	Type Flat	Beds 2 B/R	Size 1,300 sqft	Avg Price AED 1.7M	Last Price AED 3.2M	Last Sold 8 months ago	Sales 5

Units 405	Type Flat	Beds 2 B/R	Size 2,339 sqft	Avg Price AED 2.7M	Last Price AED 2.7M	Last Sold 10 months ago	Sales 1

Units 3 units	Type Flat	Beds 2 B/R	Size 1,313 sqft	Avg Price AED 1.2M	Last Price AED 2.0M	Last Sold 11 months ago	Sales 6

Units 409	Type Flat	Beds 1 B/R	Size 1,001 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 12 months ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 934 sqft	Avg Price AED 1.3M	Last Price AED 1.7M	Last Sold over 1 year ago	Sales 2

Units 3 units	Type Flat	Beds 1 B/R	Size 796 sqft	Avg Price AED 1.1M	Last Price AED 1.3M	Last Sold almost 2 years ago	Sales 2

Units 2 units	Type Flat	Beds 1 B/R	Size 832 sqft	Avg Price AED 895K	Last Price AED 970K	Last Sold almost 2 years ago	Sales 2

Units 6 units	Type Flat	Beds 2 B/R	Size 1,677 sqft	Avg Price AED 1.3M	Last Price AED 2.1M	Last Sold about 2 years ago	Sales 13

Units 2 units	Type Flat	Beds 1 B/R	Size 821 sqft	Avg Price AED 778K	Last Price AED 765K	Last Sold about 3 years ago	Sales 2

Units 408	Type Flat	Beds 2 B/R	Size 2,402 sqft	Avg Price AED 1.4M	Last Price AED 1.5M	Last Sold about 3 years ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 1,587 sqft	Avg Price AED 1.1M	Last Price AED 1.4M	Last Sold over 3 years ago	Sales 3

Units 3 units	Type Flat	Beds 2 B/R	Size 1,455 sqft	Avg Price AED 1.1M	Last Price AED 1.4M	Last Sold over 3 years ago	Sales 7

Units 105	Type Flat	Beds 1 B/R	Size 922 sqft	Avg Price AED 850K	Last Price AED 850K	Last Sold about 4 years ago	Sales 1

Units 102	Type Flat	Beds 1 B/R	Size 932 sqft	Avg Price AED 870K	Last Price AED 870K	Last Sold over 4 years ago	Sales 1

Units 3 units	Type Flat	Beds 2 B/R	Size 1,322 sqft	Avg Price AED 857K	Last Price AED 1.1M	Last Sold over 4 years ago	Sales 2

Units 404	Type Flat	Beds 2 B/R	Size 1,940 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold almost 5 years ago	Sales 1

Units 107	Type Flat	Beds 2 B/R	Size 1,572 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold over 5 years ago	Sales 1

Units 403	Type Flat	Beds 2 B/R	Size 1,703 sqft	Avg Price AED 954K	Last Price AED 1.1M	Last Sold over 5 years ago	Sales 2

Units 109	Type Flat	Beds 2 B/R	Size 1,588 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 5 years ago	Sales 1

Units 407	Type Flat	Beds 2 B/R	Size 2,068 sqft	Avg Price AED 1.2M	Last Price AED 1.4M	Last Sold over 5 years ago	Sales 2

Units 406	Type Flat	Beds 2 B/R	Size 2,063 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 5 years ago	Sales 1

Units 401	Type Flat	Beds 2 B/R	Size 1,711 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold almost 6 years ago	Sales 1

Units 2 units	Type Flat	Beds 2 B/R	Size 1,594 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 6 years ago	Sales 1

Units SHOP NO. 2	Type Shop	Beds —	Size 1,018 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SHOP NO. 1	Type Shop	Beds —	Size 1,115 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SHOP NO. 3	Type Shop	Beds —	Size 1,228 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

27 unique layouts covering 48 units