DAMAC HILLS (2) - AVENCIA

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DeveloperFRONT LINE INVESTMENT MANAGEMENT L.L.C

CommunityDAMAC HILLS 2

AreaMadinat Hind 4

Started

8 years 10 months ago12-03-2017

Handover

3 years 7 months ago31-05-2022

Status

CompleteFinished

Project Description

Project consists of 62 apartments in G+1 on 8 buildings across 8 plots located in Yufrah 2 Area. The units are designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+11%

Growth

Current:AED 1,098/sqft

Last 12M:AED 991/sqft

Momentum: Last 12Mvs Prior Year

Rising

+23%

Growth

Last 12M:AED 991/sqft

Prior Year:AED 808/sqft

Community Compare: Last 90DDAMAC HILLS 2

Premium

+20%

Above Avg

Project:AED 1,098/sqft

Community:AED 913/sqft

Liquidity: Last 12MExit Speed

Low

3%Turnover

8Sold (Last 12M)

Supply & Demand Matrix

DAMAC HILLS (2) - AVENCIA averaged 3% 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

1 Bedroom

230 units

8 sold222 left

Velocity

Layouts & Units (230)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 15 units	Type Flat	Beds 1 B/R	Size 637 sqft	Avg Price AED 627K	Last Price AED 771K	Last Sold about 2 months ago	Sales 5

Units 16 units	Type Flat	Beds 1 B/R	Size 638 sqft	Avg Price AED 633K	Last Price AED 700K	Last Sold 2 months ago	Sales 8

Units G3	Type Flat	Beds 1 B/R	Size 1,297 sqft	Avg Price AED 760K	Last Price AED 840K	Last Sold 3 months ago	Sales 2

Units 3 units	Type Flat	Beds 1 B/R	Size 750 sqft	Avg Price AED 650K	Last Price AED 650K	Last Sold 6 months ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 755 sqft	Avg Price AED 705K	Last Price AED 735K	Last Sold 9 months ago	Sales 2

Units G14	Type Flat	Beds 1 B/R	Size 717 sqft	Avg Price AED 650K	Last Price AED 650K	Last Sold 11 months ago	Sales 1

Units G11	Type Flat	Beds 1 B/R	Size 1,209 sqft	Avg Price AED 900K	Last Price AED 900K	Last Sold about 1 year ago	Sales 1

Units G377	Type Flat	Beds 1 B/R	Size 1,190 sqft	Avg Price AED 770K	Last Price AED 770K	Last Sold about 1 year ago	Sales 1

Units G373	Type Flat	Beds 1 B/R	Size 1,218 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold about 1 year ago	Sales 1

Units G4	Type Flat	Beds 1 B/R	Size 1,257 sqft	Avg Price AED 950K	Last Price AED 850K	Last Sold over 1 year ago	Sales 2

Units 2 units	Type Flat	Beds 1 B/R	Size 1,242 sqft	Avg Price AED 675K	Last Price AED 675K	Last Sold almost 2 years ago	Sales 1

Units G1	Type Flat	Beds 1 B/R	Size 1,114 sqft	Avg Price AED 750K	Last Price AED 750K	Last Sold over 2 years ago	Sales 1

Units 87 units	Type Flat	Beds 1 B/R	Size 744 sqft	Avg Price AED 574K	Last Price AED 574K	Last Sold almost 3 years ago	Sales 1

Units 84 units	Type Flat	Beds 1 B/R	Size 493 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 742 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G18	Type Flat	Beds 1 B/R	Size 760 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G19	Type Flat	Beds 1 B/R	Size 768 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G383	Type Flat	Beds 1 B/R	Size 1,127 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G7	Type Flat	Beds 1 B/R	Size 1,217 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G381	Type Flat	Beds 1 B/R	Size 1,230 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G376	Type Flat	Beds 1 B/R	Size 1,233 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G8	Type Flat	Beds 1 B/R	Size 1,263 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G20	Type Flat	Beds 1 B/R	Size 1,279 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G16	Type Flat	Beds 1 B/R	Size 1,394 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G15	Type Flat	Beds 1 B/R	Size 1,735 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

25 unique layouts covering 230 units