Pier Point 1

Off-Plan

DeveloperMINA RASHID PROPERTIES L.L.C

CommunityMina Rashid

AreaMadinat Dubai Almelaheyah

Started

11 months ago22-02-2025

Handover

In 2 years 9 months31-10-2028

Status

0% BuiltIn Progress

Project Description

Residential Development Consisting of (G + 1P + 9 Floors + Roof) Total of 122 units

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

—No recent sales

Momentum: Last 12Mvs Prior Year

Falling

-7%

Decline

Last 12M:AED 2,597/sqft

Prior Year:AED 2,796/sqft

Community Compare: Last 90DMina Rashid

—No recent sales

Liquidity: Last 12MExit Speed

Low

3%Turnover

4Sold (Last 12M)

Supply & Demand Matrix

Pier Point 1 averaged 3% 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

57 units

2 sold55 left

Velocity

2 Bedrooms

51 units

2 sold49 left

Velocity

3 Bedrooms

14 units

0 sold14 left

Velocity

Layouts & Units (122)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 15 units	Type Flat	Beds 2 B/R	Size 1,288 sqft	Avg Price AED 3.5M	Last Price AED 2.9M	Last Sold 11 months ago	Sales 14

Units 18 units	Type Flat	Beds 2 B/R	Size 1,285 sqft	Avg Price AED 3.0M	Last Price AED 3.1M	Last Sold 11 months ago	Sales 17

Units 10 units	Type Flat	Beds 1 B/R	Size 774 sqft	Avg Price AED 2.0M	Last Price AED 1.9M	Last Sold about 1 year ago	Sales 10

Units 3 units	Type Flat	Beds 3 B/R	Size 2,667 sqft	Avg Price AED 8.7M	Last Price AED 8.8M	Last Sold about 1 year ago	Sales 3

Units 9 units	Type Flat	Beds 1 B/R	Size 802 sqft	Avg Price AED 2.1M	Last Price AED 2.2M	Last Sold about 1 year ago	Sales 10

Units 12 units	Type Flat	Beds 1 B/R	Size 804 sqft	Avg Price AED 2.4M	Last Price AED 2.4M	Last Sold about 1 year ago	Sales 12

Units 8 units	Type Flat	Beds 2 B/R	Size 1,214 sqft	Avg Price AED 3.9M	Last Price AED 4.1M	Last Sold about 1 year ago	Sales 8

Units P08	Type Flat	Beds 2 B/R	Size 1,231 sqft	Avg Price AED 2.9M	Last Price AED 2.9M	Last Sold about 1 year ago	Sales 1

Units 18 units	Type Flat	Beds 1 B/R	Size 779 sqft	Avg Price AED 2.3M	Last Price AED 2.0M	Last Sold about 1 year ago	Sales 18

Units 8 units	Type Flat	Beds 1 B/R	Size 810 sqft	Avg Price AED 2.2M	Last Price AED 2.1M	Last Sold about 1 year ago	Sales 8

Units 8 units	Type Flat	Beds 3 B/R	Size 1,672 sqft	Avg Price AED 5.1M	Last Price AED 5.0M	Last Sold about 1 year ago	Sales 8

Units 6 units	Type Flat	Beds 2 B/R	Size 1,280 sqft	Avg Price AED 4.3M	Last Price AED 4.5M	Last Sold about 1 year ago	Sales 6

Units 111	Type Flat	Beds 2 B/R	Size 1,373 sqft	Avg Price AED 3.7M	Last Price AED 3.7M	Last Sold about 1 year ago	Sales 1

Units 904	Type Flat	Beds 2 B/R	Size 1,293 sqft	Avg Price AED 3.0M	Last Price AED 3.0M	Last Sold about 1 year ago	Sales 1

Units TH01	Type Flat	Beds 3 B/R	Size 2,643 sqft	Avg Price AED 8.7M	Last Price AED 8.7M	Last Sold about 1 year ago	Sales 1

Units 102	Type Flat	Beds 2 B/R	Size 1,353 sqft	Avg Price AED 3.1M	Last Price AED 3.1M	Last Sold over 1 year ago	Sales 1

Units 103	Type Flat	Beds 3 B/R	Size 1,907 sqft	Avg Price AED 4.1M	Last Price AED 4.1M	Last Sold over 1 year ago	Sales 1

Units TH05	Type Flat	Beds 3 B/R	Size 2,650 sqft	Avg Price AED 8.7M	Last Price AED 8.7M	Last Sold over 1 year ago	Sales 1

18 unique layouts covering 122 units