KENSINGTON WATERS

Ready

DeveloperELLINGTON PROPERTIES DEVELOPMENT L.L.C

CommunitySOBHA HARTLAND

AreaAl Merkadh

Started

4 years 4 months ago01-09-2021

Handover

1 year 6 months ago30-06-2024

Status

CompleteFinished

Project Description

Common (B+G) then 2 towers 12 Floors each Residential, The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+9%

Growth

Current:AED 2,188/sqft

Last 12M:AED 2,004/sqft

Momentum: Last 12Mvs Prior Year

Falling

-9%

Decline

Last 12M:AED 2,004/sqft

Prior Year:AED 2,214/sqft

Community Compare: Last 90DSOBHA HARTLAND

Premium

+20%

Above Avg

Project:AED 2,172/sqft

Community:AED 1,811/sqft

Liquidity: Last 12MExit Speed

High

22%Turnover

61Sold (Last 12M)

Supply & Demand Matrix

KENSINGTON WATERS averaged 22% liquidity over the last 12 months, which is considered high. 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

20 units

3 sold17 left

15%

Velocity

1 Bedroom

146 units

41 sold105 left

28%

Velocity

2 Bedrooms

88 units

14 sold74 left

16%

Velocity

3 Bedrooms

23 units

3 sold20 left

13%

Velocity

Shop

4 units

0 sold4 left

Velocity

Layouts & Units (281)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 43 units	Type Flat	Beds 1 B/R	Size 835 sqft	Avg Price AED 1.7M	Last Price AED 1.9M	Last Sold 9 days ago	Sales 13

Units 84 units	Type Flat	Beds 1 B/R	Size 827 sqft	Avg Price AED 1.7M	Last Price AED 1.8M	Last Sold 16 days ago	Sales 24

Units 18 units	Type Flat	Beds Studio	Size 460 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 24 days ago	Sales 3

Units 2 units	Type Flat	Beds 1 B/R	Size 864 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold about 1 month ago	Sales 1

Units 4 units	Type Flat	Beds 2 B/R	Size 1,247 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold 2 months ago	Sales 1

Units 13 units	Type Flat	Beds 3 B/R	Size 1,607 sqft	Avg Price AED 2.9M	Last Price AED 4.0M	Last Sold 2 months ago	Sales 2

Units 4 units	Type Flat	Beds 1 B/R	Size 908 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold 3 months ago	Sales 1

Units 30 units	Type Flat	Beds 2 B/R	Size 1,248 sqft	Avg Price AED 2.4M	Last Price AED 2.5M	Last Sold 4 months ago	Sales 4

Units 20 units	Type Flat	Beds 2 B/R	Size 1,242 sqft	Avg Price AED 2.5M	Last Price AED 2.8M	Last Sold 4 months ago	Sales 6

Units B G01	Type Flat	Beds 3 B/R	Size 1,842 sqft	Avg Price AED 4.0M	Last Price AED 4.0M	Last Sold 4 months ago	Sales 1

Units 6 units	Type Flat	Beds 1 B/R	Size 872 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold 5 months ago	Sales 2

Units 8 units	Type Flat	Beds 2 B/R	Size 1,299 sqft	Avg Price AED 2.6M	Last Price AED 2.6M	Last Sold 5 months ago	Sales 1

Units 18 units	Type Flat	Beds 2 B/R	Size 1,182 sqft	Avg Price AED 2.6M	Last Price AED 2.6M	Last Sold 6 months ago	Sales 2

Units RETAIL-2	Type Shop	Beds —	Size 1,237 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-3	Type Shop	Beds —	Size 1,376 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-4	Type Shop	Beds —	Size 1,536 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units F & B OUTLET-1	Type Shop	Beds —	Size 2,744 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 873 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B 106	Type Flat	Beds 1 B/R	Size 880 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 914 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units A 1201	Type Flat	Beds 2 B/R	Size 1,597 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 2 B/R	Size 1,598 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 2 B/R	Size 1,778 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Flat	Beds 3 B/R	Size 1,608 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 3 B/R	Size 1,688 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B G02	Type Flat	Beds 3 B/R	Size 1,932 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B G03	Type Flat	Beds 3 B/R	Size 2,033 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 478 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

28 unique layouts covering 281 units