Starlight Park

Off-Plan

DeveloperA & B UNICORN REAL ESTATE DEVELOPMENT L.L.C

CommunityMohammed Bin Rashid AL Maktoum District 11

AreaWadi Al Safa 3

Started

1 year 9 months ago01-04-2024

Status

46% BuiltIn Progress

Project Description

PROPOSED RETAIL & RESIDENTIAL BUILDING (B+G+5+ROOF).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 1,013/sqft

Last 12M:AED 995/sqft

Momentum: Last 12Mvs Prior Year

Falling

-28%

Decline

Last 12M:AED 995/sqft

Prior Year:AED 1,379/sqft

Community Compare: Last 90DMohammed Bin Rashid AL Maktoum District 11

Discount

-49%

Below Avg

Project:AED 1,013/sqft

Community:AED 1,973/sqft

Liquidity: Last 12MExit Speed

Moderate

14%Turnover

25Sold (Last 12M)

Supply & Demand Matrix

Starlight Park averaged 14% 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

120 units

6 sold114 left

Velocity

2 Bedrooms

36 units

8 sold28 left

22%

Velocity

3 Bedrooms

16 units

3 sold13 left

19%

Velocity

Shop

8 units

8 sold0 left

100%

Velocity

Layouts & Units (180)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 6 units	Type Flat	Beds 2 B/R	Size 1,282 sqft	Avg Price AED 1.8M	Last Price AED 2.0M	Last Sold about 1 month ago	Sales 7

Units 4 units	Type Flat	Beds 1 B/R	Size 1,076 sqft	Avg Price AED 1.4M	Last Price AED 1.5M	Last Sold 5 months ago	Sales 5

Units 4 units	Type Flat	Beds 2 B/R	Size 2,017 sqft	Avg Price AED 2.4M	Last Price AED 2.3M	Last Sold 11 months ago	Sales 4

Units 16 units	Type Flat	Beds 1 B/R	Size 878 sqft	Avg Price AED 1.1M	Last Price AED 660K	Last Sold 11 months ago	Sales 16

Units 9 units	Type Flat	Beds 2 B/R	Size 1,340 sqft	Avg Price AED 1.7M	Last Price AED 1.0M	Last Sold 11 months ago	Sales 9

Units 10 units	Type Flat	Beds 1 B/R	Size 787 sqft	Avg Price AED 1.0M	Last Price AED 587K	Last Sold 11 months ago	Sales 10

Units 8 units	Type Flat	Beds 3 B/R	Size 1,987 sqft	Avg Price AED 2.7M	Last Price AED 2.7M	Last Sold 11 months ago	Sales 8

Units 8 units	Type Flat	Beds 3 B/R	Size 1,964 sqft	Avg Price AED 2.7M	Last Price AED 2.5M	Last Sold 11 months ago	Sales 8

Units 20 units	Type Flat	Beds 1 B/R	Size 871 sqft	Avg Price AED 1.2M	Last Price AED 651K	Last Sold 11 months ago	Sales 20

Units 11 units	Type Flat	Beds 2 B/R	Size 1,343 sqft	Avg Price AED 1.8M	Last Price AED 1.0M	Last Sold 11 months ago	Sales 11

Units 6 units	Type Flat	Beds 2 B/R	Size 1,273 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold about 1 year ago	Sales 6

Units 4 units	Type Flat	Beds 1 B/R	Size 1,005 sqft	Avg Price AED 1.3M	Last Price AED 1.2M	Last Sold about 1 year ago	Sales 4

Units 26 units	Type Flat	Beds 1 B/R	Size 788 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold about 1 year ago	Sales 24

Units 16 units	Type Flat	Beds 1 B/R	Size 858 sqft	Avg Price AED 1.2M	Last Price AED 1.3M	Last Sold about 1 year ago	Sales 16

Units 4 units	Type Flat	Beds 1 B/R	Size 1,099 sqft	Avg Price AED 1.4M	Last Price AED 1.5M	Last Sold over 1 year ago	Sales 4

Units 20 units	Type Flat	Beds 1 B/R	Size 867 sqft	Avg Price AED 1.2M	Last Price AED 1.3M	Last Sold over 1 year ago	Sales 20

Units RETAIL-1	Type Shop	Beds —	Size 690 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-5	Type Shop	Beds —	Size 1,035 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 1,213 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-3	Type Shop	Beds —	Size 1,222 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 1,550 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-7	Type Shop	Beds —	Size 1,578 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

22 unique layouts covering 180 units