DAMAC HILLS (2) - ELO
Off-PlanCommunityDAMAC HILLS 2
AreaMadinat Hind 4
Started
1 year 6 months ago03-07-2024
Status
1% BuiltIn Progress
Project Description
Project consists of a residential tower of G+2P+14+R floors located in Madinat Hind 4, Dubai. The units are designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Rising+3%
GrowthCurrent:AED 1,278/sqft
Last 12M:AED 1,241/sqft
Momentum: Last 12Mvs Prior Year
Rising+4%
GrowthLast 12M:AED 1,241/sqft
Prior Year:AED 1,189/sqft
Community Compare: Last 90DDAMAC HILLS 2
Premium+40%
Above AvgProject:AED 1,278/sqft
Community:AED 913/sqft
Liquidity: Last 12MExit Speed
Low6%Turnover
36Sold (Last 12M)
Supply & Demand Matrix
DAMAC HILLS (2) - ELO averaged 6% 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
390 units
14 sold376 left
4%
Velocity
2 Bedrooms
167 units
22 sold145 left
13%
Velocity
Layouts & Units (557)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 83 units | Type Flat | Beds 1 B/R | Size 526 sqft | Avg Price AED 603K | Last Price AED 581K | Last Sold 25 days ago | Sales 84 |
Units 4 units | Type Flat | Beds 2 B/R | Size 1,047 sqft | Avg Price AED 1.3M | Last Price AED 1.4M | Last Sold about 2 months ago | Sales 2 |
Units 37 units | Type Flat | Beds 2 B/R | Size 832 sqft | Avg Price AED 934K | Last Price AED 1.1M | Last Sold 2 months ago | Sales 39 |
Units 246 units | Type Flat | Beds 1 B/R | Size 554 sqft | Avg Price AED 668K | Last Price AED 680K | Last Sold 4 months ago | Sales 249 |
Units 7 units | Type Flat | Beds 2 B/R | Size 963 sqft | Avg Price AED 1.2M | Last Price AED 1.3M | Last Sold 4 months ago | Sales 7 |
Units 4 units | Type Flat | Beds 2 B/R | Size 1,079 sqft | Avg Price AED 1.2M | Last Price AED 1.3M | Last Sold 5 months ago | Sales 4 |
Units 42 units | Type Flat | Beds 2 B/R | Size 805 sqft | Avg Price AED 939K | Last Price AED 892K | Last Sold 5 months ago | Sales 44 |
Units 31 units | Type Flat | Beds 2 B/R | Size 775 sqft | Avg Price AED 919K | Last Price AED 870K | Last Sold 6 months ago | Sales 32 |
Units 4 units | Type Flat | Beds 2 B/R | Size 1,015 sqft | Avg Price AED 1.4M | Last Price AED 1.5M | Last Sold 8 months ago | Sales 4 |
Units 30 units | Type Flat | Beds 1 B/R | Size 552 sqft | Avg Price AED 692K | Last Price AED 722K | Last Sold 9 months ago | Sales 31 |
Units 6 units | Type Flat | Beds 2 B/R | Size 986 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold 10 months ago | Sales 5 |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,024 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold 11 months ago | Sales 2 |
Units 3 units | Type Flat | Beds 2 B/R | Size 1,031 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold 11 months ago | Sales 2 |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,054 sqft | Avg Price AED 1.3M | Last Price AED 1.4M | Last Sold 12 months ago | Sales 2 |
Units 25 units | Type Flat | Beds 1 B/R | Size 614 sqft | Avg Price AED 712K | Last Price AED 686K | Last Sold about 1 year ago | Sales 26 |
Units 329 | Type Flat | Beds 2 B/R | Size 958 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold about 1 year ago | Sales 1 |
Units 2 units | Type Flat | Beds 1 B/R | Size 642 sqft | Avg Price AED 661K | Last Price AED 658K | Last Sold about 1 year ago | Sales 2 |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,008 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold over 1 year ago | Sales 2 |
Units 3 units | Type Flat | Beds 2 B/R | Size 977 sqft | Avg Price AED 1.3M | Last Price AED 1.2M | Last Sold over 1 year ago | Sales 3 |
Units 3 units | Type Flat | Beds 1 B/R | Size 528 sqft | Avg Price AED 620K | Last Price AED 620K | Last Sold over 1 year ago | Sales 3 |
Units 2 units | Type Flat | Beds 2 B/R | Size 948 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold over 1 year ago | Sales 2 |
Units 1010 | Type Flat | Beds 2 B/R | Size 835 sqft | Avg Price AED 982K | Last Price AED 982K | Last Sold over 1 year ago | Sales 1 |
Units 307 | Type Flat | Beds 2 B/R | Size 957 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold over 1 year ago | Sales 1 |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,022 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold over 1 year ago | Sales 1 |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,039 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold over 1 year ago | Sales 2 |
Units 1021 | Type Flat | Beds 1 B/R | Size 612 sqft | Avg Price AED 729K | Last Price AED 729K | Last Sold over 1 year ago | Sales 1 |
Units 3 units | Type Flat | Beds 2 B/R | Size 1,033 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold over 1 year ago | Sales 1 |
Units 829 | Type Flat | Beds 2 B/R | Size 968 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold over 1 year ago | Sales 1 |
Units 4 units | Type Flat | Beds 2 B/R | Size 999 sqft | Avg Price AED 1.4M | Last Price AED 1.3M | Last Sold over 1 year ago | Sales 2 |
Units 1007 | Type Flat | Beds 2 B/R | Size 981 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,005 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
31 unique layouts covering 557 units