DAMAC HILLS (2) - EVERGREENS
Off-PlanCommunityDAMAC HILLS 2
AreaMadinat Hind 4
Started
1 year 6 months ago03-07-2024
Status
0% BuiltIn Progress
Project Description
Project consists of a residential tower of G+P1+7+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
Stable+1%
GrowthCurrent:AED 1,117/sqft
Last 12M:AED 1,103/sqft
Momentum: Last 12Mvs Prior Year
Falling-3%
DeclineLast 12M:AED 1,103/sqft
Prior Year:AED 1,134/sqft
Community Compare: Last 90DDAMAC HILLS 2
Premium+22%
Above AvgProject:AED 1,117/sqft
Community:AED 913/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
9Sold (Last 12M)
Supply & Demand Matrix
DAMAC HILLS (2) - EVERGREENS averaged 7% 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
116 units
7 sold109 left
6%
Velocity
2 Bedrooms
14 units
2 sold12 left
14%
Velocity
Layouts & Units (130)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 110 units | Type Flat | Beds 1 B/R | Size 540 sqft | Avg Price AED 604K | Last Price AED 554K | Last Sold 2 months ago | Sales 112 |
Units 12 units | Type Flat | Beds 2 B/R | Size 887 sqft | Avg Price AED 1.1M | Last Price AED 1.2M | Last Sold 2 months ago | Sales 10 |
Units 6 units | Type Flat | Beds 1 B/R | Size 546 sqft | Avg Price AED 647K | Last Price AED 631K | Last Sold over 1 year ago | Sales 6 |
Units 2 units | Type Flat | Beds 2 B/R | Size 914 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
4 unique layouts covering 130 units