BERKELEY PLACE

Ready

DeveloperELLINGTON PROPERTIES DEVELOPMENT L.L.C

CommunitySOBHA HARTLAND

AreaAl Merkadh

Started

3 years 7 months ago14-06-2022

Handover

1 year ago31-12-2024

Status

CompleteFinished

Project Description

Residential Building, 1B+G+2P+12+R

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+7%

Growth

Current:AED 2,206/sqft

Last 12M:AED 2,055/sqft

Momentum: Last 12Mvs Prior Year

Falling

-18%

Decline

Last 12M:AED 2,055/sqft

Prior Year:AED 2,491/sqft

Community Compare: Last 90DSOBHA HARTLAND

Premium

+22%

Above Avg

Project:AED 2,206/sqft

Community:AED 1,811/sqft

Liquidity: Last 12MExit Speed

High

24%Turnover

31Sold (Last 12M)

Supply & Demand Matrix

BERKELEY PLACE averaged 24% 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

12 units

5 sold7 left

42%

Velocity

1 Bedroom

69 units

17 sold52 left

25%

Velocity

2 Bedrooms

46 units

9 sold37 left

20%

Velocity

Layouts & Units (127)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 22 units	Type Flat	Beds 2 B/R	Size 1,186 sqft	Avg Price AED 2.6M	Last Price AED 2.7M	Last Sold 24 days ago	Sales 7

Units 11 units	Type Flat	Beds 1 B/R	Size 953 sqft	Avg Price AED 1.9M	Last Price AED 2.0M	Last Sold about 1 month ago	Sales 5

Units 22 units	Type Flat	Beds 1 B/R	Size 803 sqft	Avg Price AED 1.7M	Last Price AED 2.0M	Last Sold 2 months ago	Sales 5

Units 21 units	Type Flat	Beds 1 B/R	Size 801 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 4 months ago	Sales 5

Units 11 units	Type Flat	Beds Studio	Size 555 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 4 months ago	Sales 4

Units 10 units	Type Flat	Beds 2 B/R	Size 1,325 sqft	Avg Price AED 3.0M	Last Price AED 2.8M	Last Sold 7 months ago	Sales 2

Units 104	Type Flat	Beds 1 B/R	Size 1,028 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 7 months ago	Sales 1

Units 102	Type Flat	Beds Studio	Size 607 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 9 months ago	Sales 1

Units 10 units	Type Flat	Beds 2 B/R	Size 1,180 sqft	Avg Price AED 2.4M	Last Price AED 2.4M	Last Sold 10 months ago	Sales 1

Units 11 units	Type Flat	Beds 1 B/R	Size 819 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold 11 months ago	Sales 1

Units 101	Type Flat	Beds 1 B/R	Size 951 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 107	Type Flat	Beds 1 B/R	Size 991 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 103	Type Flat	Beds 1 B/R	Size 1,018 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1206	Type Flat	Beds 2 B/R	Size 1,177 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 105	Type Flat	Beds 2 B/R	Size 1,381 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 106	Type Flat	Beds 2 B/R	Size 1,487 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 108	Type Flat	Beds 2 B/R	Size 1,502 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

17 unique layouts covering 127 units