DAMAC HILLS - GOLF GATE 2

Off-Plan

DeveloperDAMAC CRESCENT PROPERTIES

CommunityDAMAC HILLS

AreaAl Hebiah Third

Started

2 years 5 months ago03-08-2023

Status

30% BuiltIn Progress

Project Description

G+2P+27 Residential, The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

+2%

Growth

Current:AED 1,575/sqft

Last 12M:AED 1,548/sqft

Momentum: Last 12Mvs Prior Year

Falling

-5%

Decline

Last 12M:AED 1,548/sqft

Prior Year:AED 1,627/sqft

Community Compare: Last 90DDAMAC HILLS

Premium

+6%

Above Avg

Project:AED 1,575/sqft

Community:AED 1,486/sqft

Liquidity: Last 12MExit Speed

Low

8%Turnover

38Sold (Last 12M)

Supply & Demand Matrix

DAMAC HILLS - GOLF GATE 2 averaged 8% 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

372 units

20 sold352 left

Velocity

2 Bedrooms

92 units

18 sold74 left

20%

Velocity

Layouts & Units (464)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 52 units	Type Flat	Beds 1 B/R	Size 656 sqft	Avg Price AED 1.0M	Last Price AED 950K	Last Sold 15 days ago	Sales 53

Units 104 units	Type Flat	Beds 1 B/R	Size 632 sqft	Avg Price AED 979K	Last Price AED 900K	Last Sold 17 days ago	Sales 113

Units 19 units	Type Flat	Beds 2 B/R	Size 994 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 25 days ago	Sales 19

Units 52 units	Type Flat	Beds 2 B/R	Size 1,132 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 30 days ago	Sales 55

Units 2 units	Type Flat	Beds 2 B/R	Size 1,681 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold 3 months ago	Sales 1

Units 19 units	Type Flat	Beds 2 B/R	Size 1,048 sqft	Avg Price AED 1.6M	Last Price AED 2.1M	Last Sold 3 months ago	Sales 18

Units 108 units	Type Flat	Beds 1 B/R	Size 643 sqft	Avg Price AED 935K	Last Price AED 820K	Last Sold 5 months ago	Sales 113

Units 33 units	Type Flat	Beds 1 B/R	Size 635 sqft	Avg Price AED 966K	Last Price AED 841K	Last Sold 10 months ago	Sales 34

Units 54 units	Type Flat	Beds 1 B/R	Size 642 sqft	Avg Price AED 938K	Last Price AED 800K	Last Sold about 1 year ago	Sales 56

Units 4 units	Type Flat	Beds 1 B/R	Size 748 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold almost 2 years ago	Sales 4

Units 3 units	Type Flat	Beds 1 B/R	Size 747 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold almost 2 years ago	Sales 3

Units 7 units	Type Flat	Beds 1 B/R	Size 661 sqft	Avg Price AED 900K	Last Price AED 929K	Last Sold almost 2 years ago	Sales 7

Units 7 units	Type Flat	Beds 1 B/R	Size 666 sqft	Avg Price AED 891K	Last Price AED 924K	Last Sold about 2 years ago	Sales 7

13 unique layouts covering 464 units