DT 1

Ready

DeveloperELLINGTON PROPERTIES DEVELOPMENT L.L.C

CommunityDownTown Dubai

AreaBurj Khalifa

Started

9 years 8 months ago01-05-2016

Handover

5 years 9 months ago30-03-2020

Status

CompleteFinished

Project Description

Building 1 description: 1B+G+3P+13F+R Building 1 use: Apartments+Retail with external and internal finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-10%

Decline

Current:AED 1,741/sqft

Last 12M:AED 1,936/sqft

Momentum: Last 12Mvs Prior Year

Falling

-8%

Decline

Last 12M:AED 1,936/sqft

Prior Year:AED 2,103/sqft

Community Compare: Last 90DDownTown Dubai

Discount

-38%

Below Avg

Project:AED 1,741/sqft

Community:AED 2,814/sqft

Liquidity: Last 12MExit Speed

Moderate

13%Turnover

17Sold (Last 12M)

Supply & Demand Matrix

DT 1 averaged 13% 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

26 units

6 sold20 left

23%

Velocity

1 Bedroom

39 units

3 sold36 left

Velocity

2 Bedrooms

52 units

6 sold46 left

12%

Velocity

3 Bedrooms

15 units

2 sold13 left

13%

Velocity

4 Bedrooms

1 units

0 sold1 left

Velocity

Shop

3 units

0 sold3 left

Velocity

Layouts & Units (133)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 24 units	Type Flat	Beds Studio	Size 536 sqft	Avg Price AED 1.1M	Last Price AED 14K	Last Sold 18 days ago	Sales 29

Units 12 units	Type Flat	Beds 2 B/R	Size 1,716 sqft	Avg Price AED 3.3M	Last Price AED 4.2M	Last Sold 2 months ago	Sales 13

Units 306	Type Flat	Beds 2 B/R	Size 3,392 sqft	Avg Price AED 5.0M	Last Price AED 5.0M	Last Sold 7 months ago	Sales 1

Units 12 units	Type Flat	Beds 2 B/R	Size 1,707 sqft	Avg Price AED 3.0M	Last Price AED 2.4M	Last Sold 7 months ago	Sales 9

Units 12 units	Type Flat	Beds 3 B/R	Size 2,536 sqft	Avg Price AED 4.7M	Last Price AED 4.4M	Last Sold 7 months ago	Sales 12

Units 24 units	Type Flat	Beds 1 B/R	Size 1,036 sqft	Avg Price AED 2.1M	Last Price AED 2.6M	Last Sold 7 months ago	Sales 31

Units 12 units	Type Flat	Beds 1 B/R	Size 993 sqft	Avg Price AED 2.0M	Last Price AED 2.5M	Last Sold 8 months ago	Sales 12

Units 24 units	Type Flat	Beds 2 B/R	Size 1,527 sqft	Avg Price AED 3.0M	Last Price AED 3.9M	Last Sold 10 months ago	Sales 26

Units 1602	Type Flat	Beds 3 B/R	Size 3,938 sqft	Avg Price AED 7.0M	Last Price AED 7.0M	Last Sold over 2 years ago	Sales 1

Units 1601	Type Flat	Beds 4 B/R	Size 5,622 sqft	Avg Price AED 11.7M	Last Price AED 11.7M	Last Sold over 3 years ago	Sales 1

Units 1603	Type Flat	Beds 3 B/R	Size 3,253 sqft	Avg Price AED 6.0M	Last Price AED 6.0M	Last Sold over 3 years ago	Sales 1

Units 304	Type Flat	Beds Studio	Size 1,131 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold over 4 years ago	Sales 1

Units 302	Type Flat	Beds 2 B/R	Size 2,332 sqft	Avg Price AED 4.0M	Last Price AED 4.0M	Last Sold over 4 years ago	Sales 1

Units 301	Type Flat	Beds Studio	Size 776 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold over 4 years ago	Sales 1

Units R02	Type Shop	Beds 1 B/R	Size 2,843 sqft	Avg Price AED 4.5M	Last Price AED 4.5M	Last Sold over 4 years ago	Sales 1

Units R03	Type Shop	Beds 1 B/R	Size 4,700 sqft	Avg Price AED 10.0M	Last Price AED 10.0M	Last Sold almost 5 years ago	Sales 1

Units R01	Type Shop	Beds 1 B/R	Size 2,931 sqft	Avg Price AED 5.0M	Last Price AED 5.0M	Last Sold almost 5 years ago	Sales 1

Units 303	Type Flat	Beds 2 B/R	Size 3,776 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 307	Type Flat	Beds 2 B/R	Size 4,150 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 305	Type Flat	Beds 3 B/R	Size 6,091 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

20 unique layouts covering 133 units