Parkland

Off-Plan

DeveloperDUBAI HILLS ESTATE L.L.C

CommunityDubai Hills Estate

AreaHadaeq Sheikh Mohammed Bin Rashid

Started

1 year 2 months ago02-11-2024

Handover

In 2 years 10 months30-11-2028

Status

17% BuiltIn Progress

Project Description

Residential Tower B+G+23+R consisting of 209 nos. apartments (95 nos. 1BR, 69 nos. 2BR, 45 nos. 3BR).The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-9%

Decline

Current:AED 2,344/sqft

Last 12M:AED 2,578/sqft

Momentum: Last 12Mvs Prior Year

Rising

+12%

Growth

Last 12M:AED 2,578/sqft

Prior Year:AED 2,293/sqft

Community Compare: Last 90DDubai Hills Estate

Premium

+5%

Above Avg

Project:AED 2,344/sqft

Community:AED 2,230/sqft

Liquidity: Last 12MExit Speed

Moderate

13%Turnover

28Sold (Last 12M)

Supply & Demand Matrix

Parkland averaged 13% 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

95 units

10 sold85 left

11%

Velocity

2 Bedrooms

69 units

7 sold62 left

10%

Velocity

3 Bedrooms

45 units

11 sold34 left

24%

Velocity

Layouts & Units (209)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 23 units	Type Flat	Beds 2 B/R	Size 1,378 sqft	Avg Price AED 3.2M	Last Price AED 3.2M	Last Sold 10 days ago	Sales 25

Units 2 units	Type Flat	Beds 1 B/R	Size 869 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold 25 days ago	Sales 3

Units 44 units	Type Flat	Beds 3 B/R	Size 1,840 sqft	Avg Price AED 4.6M	Last Price AED 4.6M	Last Sold 30 days ago	Sales 47

Units 22 units	Type Flat	Beds 1 B/R	Size 758 sqft	Avg Price AED 1.7M	Last Price AED 2.2M	Last Sold 5 months ago	Sales 23

Units 22 units	Type Flat	Beds 1 B/R	Size 763 sqft	Avg Price AED 1.7M	Last Price AED 2.2M	Last Sold 5 months ago	Sales 23

Units 22 units	Type Flat	Beds 1 B/R	Size 827 sqft	Avg Price AED 1.9M	Last Price AED 2.4M	Last Sold 5 months ago	Sales 24

Units 22 units	Type Flat	Beds 1 B/R	Size 829 sqft	Avg Price AED 1.9M	Last Price AED 2.4M	Last Sold 5 months ago	Sales 23

Units 22 units	Type Flat	Beds 2 B/R	Size 1,242 sqft	Avg Price AED 3.3M	Last Price AED 4.2M	Last Sold 5 months ago	Sales 23

Units 22 units	Type Flat	Beds 2 B/R	Size 1,376 sqft	Avg Price AED 3.1M	Last Price AED 3.9M	Last Sold 5 months ago	Sales 23

Units G02	Type Flat	Beds 1 B/R	Size 884 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold 11 months ago	Sales 1

Units 105	Type Flat	Beds 2 B/R	Size 1,341 sqft	Avg Price AED 2.9M	Last Price AED 2.9M	Last Sold about 1 year ago	Sales 1

Units 108	Type Flat	Beds 1 B/R	Size 742 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold over 1 year ago	Sales 1

Units 101	Type Flat	Beds 1 B/R	Size 747 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold over 1 year ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 815 sqft	Avg Price AED 1.8M	Last Price AED 1.9M	Last Sold over 1 year ago	Sales 2

Units 104	Type Flat	Beds 3 B/R	Size 1,813 sqft	Avg Price AED 3.9M	Last Price AED 3.9M	Last Sold over 1 year ago	Sales 1

Units 103	Type Flat	Beds 2 B/R	Size 1,227 sqft	Avg Price AED 2.8M	Last Price AED 2.8M	Last Sold over 1 year ago	Sales 1

16 unique layouts covering 209 units