ARAS Residence

Ready

DeveloperA R A S REAL ESTATE DEVELOPMENT L.L.C

CommunityMajan

AreaWadi Al Safa 3

Started

5 years 11 months ago22-02-2020

Handover

3 years 7 months ago22-06-2022

Status

CompleteFinished

Project Description

(G+2P+8F+R) Residential building located on plot 6456039 Wadi Al Safa 3.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-9%

Decline

Current:AED 981/sqft

Last 12M:AED 1,078/sqft

Momentum: Last 12Mvs Prior Year

Falling

-10%

Decline

Last 12M:AED 1,078/sqft

Prior Year:AED 1,197/sqft

Community Compare: Last 90DMajan

Discount

-38%

Below Avg

Project:AED 1,020/sqft

Community:AED 1,646/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

9Sold (Last 12M)

Supply & Demand Matrix

ARAS Residence averaged 9% 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

38 units

4 sold34 left

11%

Velocity

1 Bedroom

41 units

4 sold37 left

10%

Velocity

2 Bedrooms

16 units

1 sold15 left

Velocity

3 Bedrooms

1 units

0 sold1 left

Velocity

Layouts & Units (96)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 6 units	Type Flat	Beds 2 B/R	Size 1,176 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 11 days ago	Sales 1

Units 109	Type Flat	Beds Studio	Size 463 sqft	Avg Price AED 475K	Last Price AED 475K	Last Sold 30 days ago	Sales 1

Units 6 units	Type Flat	Beds 1 B/R	Size 818 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 4 months ago	Sales 1

Units 6 units	Type Flat	Beds 1 B/R	Size 857 sqft	Avg Price AED 855K	Last Price AED 850K	Last Sold 4 months ago	Sales 2

Units 12 units	Type Flat	Beds Studio	Size 431 sqft	Avg Price AED 529K	Last Price AED 510K	Last Sold 4 months ago	Sales 4

Units 6 units	Type Flat	Beds Studio	Size 457 sqft	Avg Price AED 525K	Last Price AED 525K	Last Sold 5 months ago	Sales 1

Units 6 units	Type Flat	Beds 1 B/R	Size 846 sqft	Avg Price AED 825K	Last Price AED 850K	Last Sold 11 months ago	Sales 2

Units 6 units	Type Flat	Beds 2 B/R	Size 1,181 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 1 year ago	Sales 1

Units 6 units	Type Flat	Beds 1 B/R	Size 769 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 107	Type Flat	Beds 1 B/R	Size 828 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 105	Type Flat	Beds 1 B/R	Size 859 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 106	Type Flat	Beds 1 B/R	Size 915 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 1 B/R	Size 1,012 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 1 B/R	Size 1,117 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 104	Type Flat	Beds 1 B/R	Size 1,176 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 110	Type Flat	Beds 1 B/R	Size 1,198 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 103	Type Flat	Beds 2 B/R	Size 1,294 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Flat	Beds 2 B/R	Size 1,377 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Flat	Beds 2 B/R	Size 1,653 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 111	Type Flat	Beds 2 B/R	Size 2,120 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 801	Type Flat	Beds 3 B/R	Size 2,449 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds Studio	Size 434 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds Studio	Size 474 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds Studio	Size 485 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 108	Type Flat	Beds Studio	Size 668 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

25 unique layouts covering 96 units