Park Heights I
ReadyDeveloperDUBAI HILLS ESTATE L.L.C
CommunityDubai Hills Estate
Started
8 years 5 months ago21-08-2017
Handover
5 years 9 months ago31-03-2020
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF (B+G+18+R) RESIDENTIAL BUILDING LOCATED IN HADAEQ SHEIKH MOHAMMED BIN RASHID. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Stable+1%
GrowthCurrent:AED 2,068/sqft
Last 12M:AED 2,043/sqft
Momentum: Last 12Mvs Prior Year
Stable+1%
GrowthLast 12M:AED 2,043/sqft
Prior Year:AED 2,025/sqft
Community Compare: Last 90DDubai Hills Estate
Discount-7%
Below AvgProject:AED 2,068/sqft
Community:AED 2,230/sqft
Liquidity: Last 12MExit Speed
Moderate15%Turnover
40Sold (Last 12M)
Supply & Demand Matrix
Park Heights I averaged 15% liquidity over the last 12 months, which is considered moderate. 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
144 units
26 sold118 left
18%
Velocity
2 Bedrooms
90 units
9 sold81 left
10%
Velocity
3 Bedrooms
36 units
5 sold31 left
14%
Velocity
Shop
5 units
0 sold5 left
0%
Velocity
Layouts & Units (275)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 108 units | Type Flat | Beds 1 B/R | Size 646 sqft | Avg Price AED 1.2M | Last Price AED 1.3M | Last Sold 14 days ago | Sales 62 |
Units 18 units | Type Flat | Beds 2 B/R | Size 1,076 sqft | Avg Price AED 2.1M | Last Price AED 2.3M | Last Sold 18 days ago | Sales 11 |
Units 36 units | Type Flat | Beds 3 B/R | Size 1,610 sqft | Avg Price AED 2.8M | Last Price AED 3.2M | Last Sold about 1 month ago | Sales 8 |
Units 36 units | Type Flat | Beds 2 B/R | Size 957 sqft | Avg Price AED 1.9M | Last Price AED 2.3M | Last Sold about 2 months ago | Sales 12 |
Units 18 units | Type Flat | Beds 1 B/R | Size 649 sqft | Avg Price AED 1.2M | Last Price AED 1.4M | Last Sold 3 months ago | Sales 14 |
Units 18 units | Type Flat | Beds 2 B/R | Size 1,089 sqft | Avg Price AED 2.1M | Last Price AED 2.3M | Last Sold 3 months ago | Sales 10 |
Units 18 units | Type Flat | Beds 2 B/R | Size 960 sqft | Avg Price AED 1.9M | Last Price AED 2.0M | Last Sold 3 months ago | Sales 7 |
Units 18 units | Type Flat | Beds 1 B/R | Size 657 sqft | Avg Price AED 1.1M | Last Price AED 1.4M | Last Sold 7 months ago | Sales 9 |
Units RETAIL 3 | Type Shop | Beds — | Size 696 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RETAIL 2 | Type Shop | Beds — | Size 1,709 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RETAIL 5 | Type Shop | Beds — | Size 1,790 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RETAIL 4 | Type Shop | Beds — | Size 1,846 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RETAIL 1 | Type Shop | Beds — | Size 2,359 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
13 unique layouts covering 275 units