Pier Point 2
Off-PlanDeveloperMINA RASHID PROPERTIES L.L.C
CommunityMina Rashid
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 + 10 Floors + Roof) Total of 121 units
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Falling-9%
DeclineCurrent:AED 2,431/sqft
Last 12M:AED 2,670/sqft
Momentum: Last 12Mvs Prior Year
Falling-4%
DeclineLast 12M:AED 2,670/sqft
Prior Year:AED 2,792/sqft
Community Compare: Last 90DMina Rashid
Discount-14%
Below AvgProject:AED 2,431/sqft
Community:AED 2,842/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
12Sold (Last 12M)
Supply & Demand Matrix
Pier Point 2 averaged 10% 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
56 units
4 sold52 left
7%
Velocity
2 Bedrooms
51 units
4 sold47 left
8%
Velocity
3 Bedrooms
14 units
4 sold10 left
29%
Velocity
Layouts & Units (121)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 9 units | Type Flat | Beds 3 B/R | Size 1,672 sqft | Avg Price AED 5.2M | Last Price AED 4.1M | Last Sold 4 months ago | Sales 9 |
Units TH01 | Type Flat | Beds 3 B/R | Size 2,695 sqft | Avg Price AED 9.3M | Last Price AED 9.3M | Last Sold 6 months ago | Sales 1 |
Units 19 units | Type Flat | Beds 1 B/R | Size 780 sqft | Avg Price AED 2.3M | Last Price AED 2.0M | Last Sold 7 months ago | Sales 20 |
Units TH04 | Type Flat | Beds 3 B/R | Size 2,710 sqft | Avg Price AED 6.2M | Last Price AED 6.2M | Last Sold 7 months ago | Sales 1 |
Units 15 units | Type Flat | Beds 2 B/R | Size 1,292 sqft | Avg Price AED 3.4M | Last Price AED 4.3M | Last Sold 11 months ago | Sales 15 |
Units 17 units | Type Flat | Beds 2 B/R | Size 1,285 sqft | Avg Price AED 3.0M | Last Price AED 2.9M | Last Sold 11 months ago | Sales 16 |
Units 11 units | Type Flat | Beds 1 B/R | Size 774 sqft | Avg Price AED 2.0M | Last Price AED 2.0M | Last Sold about 1 year ago | Sales 11 |
Units 8 units | Type Flat | Beds 1 B/R | Size 800 sqft | Avg Price AED 2.2M | Last Price AED 2.1M | Last Sold about 1 year ago | Sales 8 |
Units 9 units | Type Flat | Beds 2 B/R | Size 1,215 sqft | Avg Price AED 3.9M | Last Price AED 4.2M | Last Sold about 1 year ago | Sales 9 |
Units 11 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 10 |
Units 6 units | Type Flat | Beds 1 B/R | Size 810 sqft | Avg Price AED 2.3M | Last Price AED 2.4M | Last Sold about 1 year ago | Sales 7 |
Units 7 units | Type Flat | Beds 2 B/R | Size 1,278 sqft | Avg Price AED 4.2M | Last Price AED 4.2M | Last Sold about 1 year ago | Sales 5 |
Units 102 | Type Flat | Beds 2 B/R | Size 1,352 sqft | Avg Price AED 3.1M | Last Price AED 3.1M | Last Sold about 1 year ago | Sales 1 |
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 103 | Type Flat | Beds 3 B/R | Size 1,907 sqft | Avg Price AED 4.1M | Last Price AED 4.1M | Last Sold about 1 year ago | Sales 1 |
Units P03 | Type Flat | Beds 1 B/R | Size 769 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units P08 | Type Flat | Beds 2 B/R | Size 1,223 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds 3 B/R | Size 2,682 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
18 unique layouts covering 121 units