THE HEART OF EUROPE 2

Off-Plan

DeveloperT H O E REAL ESTATE DEVELOPMENT L.L.C

CommunityThe World

AreaWorld Islands

Started

10 years 1 month ago09-12-2015

Handover

8 months ago30-04-2025

Status

90% BuiltIn Progress

Project Description

G+5 X 1 Portofino hotel apartments & G+4 X 1 Cote D Azur hotel apartments. The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+28%

Growth

Current:AED 4,766/sqft

Last 12M:AED 3,709/sqft

Momentum: Last 12Mvs Prior Year

—No sales in period

Community Compare: Last 90DThe World

Premium

+26%

Above Avg

Project:AED 4,498/sqft

Community:AED 3,556/sqft

Liquidity: Last 12MExit Speed

Low

1%Turnover

12Sold (Last 12M)

Supply & Demand Matrix

THE HEART OF EUROPE 2 averaged 1% 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

1,299 units

12 sold1287 left

Velocity

1 Bedroom

51 units

0 sold51 left

Velocity

2 Bedrooms

2 units

0 sold2 left

Velocity

Shop

31 units

0 sold31 left

Velocity

Layouts & Units (1,383)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 2 units	Type Hotel Rooms	Beds Studio	Size 966 sqft	Avg Price AED 2.5M	Last Price AED 4.6M	Last Sold about 2 months ago	Sales 3

Units 613 units	Type Hotel Rooms	Beds Studio	Size 407 sqft	Avg Price AED 1.5M	Last Price AED 968K	Last Sold 4 months ago	Sales 9

Units 20 units	Type Hotel Rooms	Beds Studio	Size 409 sqft	Avg Price AED 1.1M	Last Price AED 748K	Last Sold 4 months ago	Sales 2

Units 8 units	Type Hotel Rooms	Beds Studio	Size 431 sqft	Avg Price AED 1.4M	Last Price AED 1.3M	Last Sold 8 months ago	Sales 5

Units 4 units	Type Hotel Rooms	Beds Studio	Size 357 sqft	Avg Price AED 1.1M	Last Price AED 1.3M	Last Sold over 2 years ago	Sales 2

Units 3 units	Type Hotel Rooms	Beds 1 B/R	Size 1,542 sqft	Avg Price AED 5.4M	Last Price AED 6.4M	Last Sold over 2 years ago	Sales 3

Units 4 units	Type Hotel Rooms	Beds Studio	Size 536 sqft	Avg Price AED 1.5M	Last Price AED 1.8M	Last Sold over 2 years ago	Sales 2

Units 7 units	Type Hotel Rooms	Beds Studio	Size 570 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold over 2 years ago	Sales 4

Units 13 units	Type Hotel Rooms	Beds Studio	Size 768 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold over 2 years ago	Sales 1

Units 9 units	Type Hotel Rooms	Beds Studio	Size 848 sqft	Avg Price AED 2.1M	Last Price AED 1.5M	Last Sold over 2 years ago	Sales 3

Units 30 units	Type Hotel Rooms	Beds Studio	Size 855 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 2 years ago	Sales 1

Units THOE2-C-G051	Type Hotel Rooms	Beds Studio	Size 884 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold over 2 years ago	Sales 1

Units THOE2-C-G058	Type Hotel Rooms	Beds Studio	Size 952 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 2 years ago	Sales 1

Units THOE2-C-G061	Type Hotel Rooms	Beds Studio	Size 983 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 2 years ago	Sales 1

Units THOE2-C-GR11	Type Shop	Beds —	Size 199 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR10	Type Shop	Beds —	Size 207 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR09	Type Shop	Beds —	Size 225 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR08	Type Shop	Beds —	Size 302 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR14	Type Shop	Beds —	Size 425 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR04	Type Shop	Beds —	Size 552 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR05	Type Shop	Beds —	Size 606 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 621 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 667 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR03	Type Shop	Beds —	Size 706 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR18	Type Shop	Beds —	Size 800 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR17	Type Shop	Beds —	Size 805 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR15	Type Shop	Beds —	Size 856 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR22	Type Shop	Beds —	Size 861 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR19	Type Shop	Beds —	Size 878 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-LGR07	Type Shop	Beds —	Size 1,169 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR12	Type Shop	Beds —	Size 1,180 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR16	Type Shop	Beds —	Size 1,605 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-LGR01	Type Shop	Beds —	Size 2,138 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-LGR04	Type Shop	Beds —	Size 2,385 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR01	Type Shop	Beds —	Size 2,862 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR23	Type Shop	Beds —	Size 3,864 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-LGR06	Type Shop	Beds —	Size 6,473 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-LGR05	Type Shop	Beds —	Size 8,226 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-LGR02	Type Shop	Beds —	Size 10,494 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR02	Type Shop	Beds —	Size 11,114 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-LGR03	Type Shop	Beds —	Size 14,460 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-GR07	Type Shop	Beds —	Size 16,762 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-2080A	Type Hotel Rooms	Beds 1 B/R	Size 912 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Rooms	Beds 1 B/R	Size 917 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-2080B	Type Hotel Rooms	Beds 1 B/R	Size 947 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Rooms	Beds 1 B/R	Size 949 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Hotel Rooms	Beds 1 B/R	Size 1,127 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Hotel Rooms	Beds 1 B/R	Size 1,155 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-3041	Type Hotel Rooms	Beds 1 B/R	Size 1,183 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Hotel Rooms	Beds 1 B/R	Size 1,306 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-1078	Type Hotel Rooms	Beds 1 B/R	Size 1,308 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Rooms	Beds 1 B/R	Size 1,365 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Rooms	Beds 1 B/R	Size 1,526 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Rooms	Beds 1 B/R	Size 1,533 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Hotel Rooms	Beds 1 B/R	Size 1,547 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 8 units	Type Hotel Rooms	Beds 1 B/R	Size 1,557 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-G020	Type Hotel Rooms	Beds 1 B/R	Size 1,703 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-G040	Type Hotel Rooms	Beds 1 B/R	Size 1,934 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-4045	Type Hotel Rooms	Beds 1 B/R	Size 2,596 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-G001	Type Hotel Rooms	Beds 1 B/R	Size 2,828 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-G056	Type Hotel Rooms	Beds 1 B/R	Size 3,274 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-4049D	Type Hotel Rooms	Beds 1 B/R	Size 4,753 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-4016	Type Hotel Rooms	Beds 2 B/R	Size 5,114 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-4050	Type Hotel Rooms	Beds 2 B/R	Size 6,017 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Rooms	Beds Studio	Size 363 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Rooms	Beds Studio	Size 395 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 8 units	Type Hotel Rooms	Beds Studio	Size 402 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 12 units	Type Hotel Rooms	Beds Studio	Size 413 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 13 units	Type Hotel Rooms	Beds Studio	Size 418 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-2105	Type Hotel Rooms	Beds Studio	Size 424 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Rooms	Beds Studio	Size 457 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Hotel Rooms	Beds Studio	Size 489 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 51 units	Type Hotel Rooms	Beds Studio	Size 502 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 7 units	Type Hotel Rooms	Beds Studio	Size 503 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Rooms	Beds Studio	Size 512 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Rooms	Beds Studio	Size 517 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Hotel Rooms	Beds Studio	Size 561 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 92 units	Type Hotel Rooms	Beds Studio	Size 591 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 8 units	Type Hotel Rooms	Beds Studio	Size 596 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Rooms	Beds Studio	Size 601 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Rooms	Beds Studio	Size 603 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-G049	Type Hotel Rooms	Beds Studio	Size 612 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-G050	Type Hotel Rooms	Beds Studio	Size 617 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Hotel Rooms	Beds Studio	Size 634 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 23 units	Type Hotel Rooms	Beds Studio	Size 677 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 148 units	Type Hotel Rooms	Beds Studio	Size 678 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Rooms	Beds Studio	Size 730 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-4041	Type Hotel Rooms	Beds Studio	Size 733 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-4031B	Type Hotel Rooms	Beds Studio	Size 740 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 125 units	Type Hotel Rooms	Beds Studio	Size 766 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Rooms	Beds Studio	Size 796 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-G033	Type Hotel Rooms	Beds Studio	Size 814 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Hotel Rooms	Beds Studio	Size 818 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Rooms	Beds Studio	Size 825 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 11 units	Type Hotel Rooms	Beds Studio	Size 858 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Hotel Rooms	Beds Studio	Size 864 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-G046	Type Hotel Rooms	Beds Studio	Size 870 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Rooms	Beds Studio	Size 928 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Rooms	Beds Studio	Size 1,105 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Hotel Rooms	Beds Studio	Size 1,112 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-C-2083	Type Hotel Rooms	Beds Studio	Size 1,113 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-4030B	Type Hotel Rooms	Beds Studio	Size 1,131 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-2073B	Type Hotel Rooms	Beds Studio	Size 1,290 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-3068B	Type Hotel Rooms	Beds Studio	Size 1,919 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-3067B	Type Hotel Rooms	Beds Studio	Size 2,151 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-3019B	Type Hotel Rooms	Beds Studio	Size 2,458 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-4014B	Type Hotel Rooms	Beds Studio	Size 2,474 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-3049A	Type Hotel Rooms	Beds Studio	Size 2,791 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-3050A	Type Hotel Rooms	Beds Studio	Size 3,086 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units THOE2-PF-GR01	Type Shop	Beds —	Size 19,753 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

110 unique layouts covering 1,383 units