ETHAN

Off-Plan

DeveloperGRIFFIN REAL ESTATE DEVELOPMENT L.L.C

CommunityNad Al Sheba Gardens

AreaNad Al Shiba First

Started

1 year 7 months ago20-06-2024

Handover

In 5 months30-06-2026

Status

46% BuiltIn Progress

Project Description

RESIDENTIAL BUILDING (G+1P+6F+R).The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

-1%

Decline

Current:AED 1,562/sqft

Last 12M:AED 1,579/sqft

Momentum: Last 12Mvs Prior Year

Stable

-1%

Decline

Last 12M:AED 1,579/sqft

Prior Year:AED 1,590/sqft

Community Compare: Last 90DNad Al Sheba Gardens

Discount

-15%

Below Avg

Project:AED 1,562/sqft

Community:AED 1,840/sqft

Liquidity: Last 12MExit Speed

Moderate

19%Turnover

9Sold (Last 12M)

Supply & Demand Matrix

ETHAN averaged 19% 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

24 units

4 sold20 left

17%

Velocity

2 Bedrooms

24 units

5 sold19 left

21%

Velocity

Layouts & Units (48)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 5 units	Type Flat	Beds 2 B/R	Size 1,431 sqft	Avg Price AED 2.2M	Last Price AED 2.3M	Last Sold about 2 months ago	Sales 2

Units 5 units	Type Flat	Beds 2 B/R	Size 1,040 sqft	Avg Price AED 1.7M	Last Price AED 1.8M	Last Sold about 2 months ago	Sales 2

Units 6 units	Type Flat	Beds 2 B/R	Size 1,072 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold about 2 months ago	Sales 1

Units 6 units	Type Flat	Beds 1 B/R	Size 770 sqft	Avg Price AED 1.2M	Last Price AED 1.1M	Last Sold about 2 months ago	Sales 2

Units 5 units	Type Flat	Beds 1 B/R	Size 848 sqft	Avg Price AED 1.3M	Last Price AED 1.4M	Last Sold 2 months ago	Sales 2

Units 6 units	Type Flat	Beds 2 B/R	Size 1,062 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold 3 months ago	Sales 1

Units 10 units	Type Flat	Beds 1 B/R	Size 844 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Flat	Beds 1 B/R	Size 1,733 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 108	Type Flat	Beds 1 B/R	Size 1,744 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 107	Type Flat	Beds 1 B/R	Size 1,797 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 106	Type Flat	Beds 2 B/R	Size 1,830 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Flat	Beds 2 B/R	Size 4,181 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

12 unique layouts covering 48 units