THE GROVE BY IMAN
ReadyDeveloperIMAN DEVELOPERS L.L.C
CommunityDubai Hills Estate
Started
3 years 2 months ago01-11-2022
Handover
1 year 4 months ago30-08-2024
Status
CompleteFinished
Project Description
G+2P+9F+R Residential+Retail,The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Falling-11%
DeclineCurrent:AED 2,025/sqft
Last 12M:AED 2,275/sqft
Momentum: Last 12Mvs Prior Year
Falling-3%
DeclineLast 12M:AED 2,275/sqft
Prior Year:AED 2,338/sqft
Community Compare: Last 90DDubai Hills Estate
Discount-9%
Below AvgProject:AED 2,025/sqft
Community:AED 2,230/sqft
Liquidity: Last 12MExit Speed
High30%Turnover
38Sold (Last 12M)
Supply & Demand Matrix
THE GROVE BY IMAN averaged 30% 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
43 units
15 sold28 left
35%
Velocity
1 Bedroom
41 units
13 sold28 left
32%
Velocity
2 Bedrooms
26 units
7 sold19 left
27%
Velocity
3 Bedrooms
11 units
3 sold8 left
27%
Velocity
Shop
4 units
0 sold4 left
0%
Velocity
Layouts & Units (125)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 7 units | Type Flat | Beds 2 B/R | Size 1,095 sqft | Avg Price AED 2.5M | Last Price AED 2.7M | Last Sold 10 days ago | Sales 5 |
Units 7 units | Type Flat | Beds 1 B/R | Size 896 sqft | Avg Price AED 2.1M | Last Price AED 2.1M | Last Sold about 1 month ago | Sales 2 |
Units 7 units | Type Flat | Beds 1 B/R | Size 709 sqft | Avg Price AED 1.5M | Last Price AED 2.0M | Last Sold about 2 months ago | Sales 4 |
Units 18 units | Type Flat | Beds Studio | Size 417 sqft | Avg Price AED 1.0M | Last Price AED 504K | Last Sold about 2 months ago | Sales 5 |
Units 10 units | Type Flat | Beds Studio | Size 420 sqft | Avg Price AED 968K | Last Price AED 1.1M | Last Sold 3 months ago | Sales 4 |
Units 7 units | Type Flat | Beds 3 B/R | Size 1,705 sqft | Avg Price AED 3.2M | Last Price AED 4.3M | Last Sold 4 months ago | Sales 2 |
Units 101 | Type Flat | Beds 2 B/R | Size 1,283 sqft | Avg Price AED 2.8M | Last Price AED 3.0M | Last Sold 5 months ago | Sales 2 |
Units 12 units | Type Flat | Beds Studio | Size 483 sqft | Avg Price AED 1.1M | Last Price AED 1.2M | Last Sold 5 months ago | Sales 5 |
Units 7 units | Type Flat | Beds 1 B/R | Size 738 sqft | Avg Price AED 1.7M | Last Price AED 2.2M | Last Sold 6 months ago | Sales 4 |
Units 7 units | Type Flat | Beds 1 B/R | Size 783 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold 6 months ago | Sales 1 |
Units 7 units | Type Flat | Beds 2 B/R | Size 1,266 sqft | Avg Price AED 3.3M | Last Price AED 3.3M | Last Sold 7 months ago | Sales 1 |
Units 102 | Type Flat | Beds 3 B/R | Size 1,779 sqft | Avg Price AED 2.9M | Last Price AED 2.9M | Last Sold 8 months ago | Sales 1 |
Units 907 | Type Flat | Beds 1 B/R | Size 717 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold 9 months ago | Sales 1 |
Units 7 units | Type Flat | Beds 1 B/R | Size 780 sqft | Avg Price AED 2.0M | Last Price AED 2.0M | Last Sold 10 months ago | Sales 1 |
Units 209 | Type Flat | Beds Studio | Size 477 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold 11 months ago | Sales 1 |
Units 2 units | Type Shop | Beds — | Size 788 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Shop | Beds — | Size 796 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 903 | Type Flat | Beds 1 B/R | Size 791 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 3 units | Type Flat | Beds 1 B/R | Size 832 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 107 | Type Flat | Beds 1 B/R | Size 857 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 908 | Type Flat | Beds 2 B/R | Size 1,091 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 904 | Type Flat | Beds 2 B/R | Size 1,225 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 7 units | Type Flat | Beds 2 B/R | Size 1,280 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 901 | Type Flat | Beds 2 B/R | Size 1,294 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 103 | Type Flat | Beds 2 B/R | Size 1,316 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 906 | Type Flat | Beds 3 B/R | Size 2,234 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 905 | Type Flat | Beds 3 B/R | Size 2,365 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 902 | Type Flat | Beds 3 B/R | Size 2,561 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 108 | Type Flat | Beds Studio | Size 368 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 809 | Type Flat | Beds Studio | Size 482 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
30 unique layouts covering 125 units