DAMAC LAGOONS - LAGOON VIEWS 8

Off-Plan

DeveloperISLAND OASIS PROPERTIES

Community—

AreaAl Hebiah Fifth

Started

1 year 6 months ago05-07-2024

Status

11% BuiltIn Progress

Project Description

Project consists of 2 Residential Towers of G+6+R floors. It is designed to have a concrete structure and block with internal and external finishes

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

—No recent sales

Momentum: Last 12Mvs Prior Year

Falling

-4%

Decline

Last 12M:AED 1,651/sqft

Prior Year:AED 1,721/sqft

Community Compare: Last 90DUnknown

—No recent sales

Liquidity: Last 12MExit Speed

Low

8%Turnover

8Sold (Last 12M)

Supply & Demand Matrix

DAMAC LAGOONS - LAGOON VIEWS 8 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

72 units

7 sold65 left

10%

Velocity

2 Bedrooms

24 units

1 sold23 left

Velocity

Layouts & Units (96)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 12 units	Type Flat	Beds 1 B/R	Size 791 sqft	Avg Price AED 1.3M	Last Price AED 1.2M	Last Sold 3 months ago	Sales 13

Units 8 units	Type Flat	Beds 1 B/R	Size 666 sqft	Avg Price AED 1.2M	Last Price AED 1.1M	Last Sold 9 months ago	Sales 8

Units 4 units	Type Flat	Beds 1 B/R	Size 795 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 9 months ago	Sales 4

Units 16 units	Type Flat	Beds 1 B/R	Size 770 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 12 months ago	Sales 16

Units 16 units	Type Flat	Beds 2 B/R	Size 1,123 sqft	Avg Price AED 2.0M	Last Price AED 1.8M	Last Sold 12 months ago	Sales 16

Units 4 units	Type Flat	Beds 1 B/R	Size 692 sqft	Avg Price AED 1.1M	Last Price AED 1.2M	Last Sold about 1 year ago	Sales 5

Units 4 units	Type Flat	Beds 1 B/R	Size 681 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 1 year ago	Sales 4

Units 4 units	Type Flat	Beds 2 B/R	Size 1,007 sqft	Avg Price AED 1.9M	Last Price AED 2.0M	Last Sold over 1 year ago	Sales 4

Units 8 units	Type Flat	Beds 1 B/R	Size 752 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 1 year ago	Sales 8

Units 4 units	Type Flat	Beds 2 B/R	Size 1,136 sqft	Avg Price AED 2.0M	Last Price AED 1.9M	Last Sold over 1 year ago	Sales 4

Units 8 units	Type Flat	Beds 1 B/R	Size 782 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 1 year ago	Sales 8

Units 4 units	Type Flat	Beds 1 B/R	Size 798 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 1 year ago	Sales 4

Units 4 units	Type Flat	Beds 1 B/R	Size 773 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold over 1 year ago	Sales 4

13 unique layouts covering 96 units