FAHAD 2

Ready
Started
13 years 4 months ago05-09-2012
Handover
10 years ago15-01-2016
Status
CompleteFinished
Project Description

Freehold residential building development located at the AlThanyah First. The building is designed to have 2B+G+24 stories high. The building is formed and constructed as a concrete structure with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline
Rising
+8%
Growth
Current:AED 928/sqft
Last 12M:AED 862/sqft
Momentum: Last 12Mvs Prior Year
Rising
+3%
Growth
Last 12M:AED 862/sqft
Prior Year:AED 836/sqft
Community Compare: Last 90DBarsha Heights
Discount
-60%
Below Avg
Project:AED 928/sqft
Community:AED 2,301/sqft
Liquidity: Last 12MExit Speed
Low
9%Turnover
22Sold (Last 12M)

Supply & Demand Matrix

FAHAD 2 averaged 9% 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
46 units
0%
Velocity
2 Bedrooms
146 units
12%
Velocity
3 Bedrooms
42 units
12%
Velocity

Layouts & Units (234)

Units
23 units
Type
Flat
Beds
2 B/R
Size
1,185 sqft
Avg Price
AED 984K
Last Price
AED 1.1M
Last Sold
17 days ago
Sales
22
Units
23 units
Type
Flat
Beds
2 B/R
Size
1,234 sqft
Avg Price
AED 1.0M
Last Price
AED 950K
Last Sold
3 months ago
Sales
10
Units
19 units
Type
Flat
Beds
3 B/R
Size
2,890 sqft
Avg Price
AED 1.8M
Last Price
AED 1.9M
Last Sold
4 months ago
Sales
16
Units
23 units
Type
Flat
Beds
2 B/R
Size
1,174 sqft
Avg Price
AED 1000K
Last Price
AED 1.1M
Last Sold
4 months ago
Sales
12
Units
23 units
Type
Flat
Beds
2 B/R
Size
1,451 sqft
Avg Price
AED 1.0M
Last Price
AED 1.2M
Last Sold
5 months ago
Sales
9
Units
4 units
Type
Flat
Beds
2 B/R
Size
1,215 sqft
Avg Price
AED 1.0M
Last Price
AED 1.2M
Last Sold
5 months ago
Sales
7
Units
23 units
Type
Flat
Beds
2 B/R
Size
1,397 sqft
Avg Price
AED 1.1M
Last Price
AED 1.2M
Last Sold
5 months ago
Sales
12
Units
23 units
Type
Flat
Beds
3 B/R
Size
2,190 sqft
Avg Price
AED 1.7M
Last Price
AED 1.5M
Last Sold
6 months ago
Sales
14
Units
3 units
Type
Flat
Beds
2 B/R
Size
1,711 sqft
Avg Price
AED 1.3M
Last Price
AED 1.3M
Last Sold
7 months ago
Sales
5
Units
23 units
Type
Flat
Beds
2 B/R
Size
1,344 sqft
Avg Price
AED 1.2M
Last Price
AED 1.2M
Last Sold
9 months ago
Sales
6
Units
46 units
Type
Flat
Beds
1 B/R
Size
1,052 sqft
Avg Price
AED 727K
Last Price
AED 830K
Last Sold
over 1 year ago
Sales
20
Units
2304
Type
Flat
Beds
2 B/R
Size
1,714 sqft
Avg Price
AED 1.5M
Last Price
AED 1.1M
Last Sold
over 3 years ago
Sales
2

12 unique layouts covering 234 units