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CLASSIC APARTMENTS

Ready
DeveloperSHEFFIELD REAL ESTAT.L .L .C
CommunityInternational City Phase 1
AreaAl Warsan First
Started
17 years 8 months ago01-05-2008
Handover
15 years 11 months ago27-01-2010
Status
CompleteFinished
Project Description

Freehold residential tower development located in Al Warsan 1st .The building is a 1B+G+10 stories. The tower is being built as a concrete structure with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline
Rising
+4%
Growth
Current:AED 582/sqft
Last 12M:AED 557/sqft
Momentum: Last 12Mvs Prior Year
Rising
+11%
Growth
Last 12M:AED 557/sqft
Prior Year:AED 503/sqft
Community Compare: Last 90DInternational City Phase 1
Discount
-25%
Below Avg
Project:AED 582/sqft
Community:AED 778/sqft
Liquidity: Last 12MExit Speed
Moderate
12%Turnover
17Sold (Last 12M)

Supply & Demand Matrix

CLASSIC APARTMENTS averaged 12% 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
140 units
12%
Velocity
Shop
1 units
0%
Velocity

Layouts & Units (141)

Units
40 units
Type
Flat
Beds
1 B/R
Size
929 sqft
Avg Price
AED 502K
Last Price
AED 570K
Last Sold
8 days ago
Sales
85
Units
10 units
Type
Flat
Beds
1 B/R
Size
1,359 sqft
Avg Price
AED 644K
Last Price
AED 720K
Last Sold
7 months ago
Sales
29
Units
10 units
Type
Flat
Beds
1 B/R
Size
1,309 sqft
Avg Price
AED 797K
Last Price
AED 880K
Last Sold
7 months ago
Sales
22
Units
10 units
Type
Flat
Beds
1 B/R
Size
1,071 sqft
Avg Price
AED 585K
Last Price
AED 600K
Last Sold
8 months ago
Sales
20
Units
6 units
Type
Flat
Beds
1 B/R
Size
1,063 sqft
Avg Price
AED 507K
Last Price
AED 550K
Last Sold
11 months ago
Sales
19
Units
4 units
Type
Flat
Beds
1 B/R
Size
1,132 sqft
Avg Price
AED 486K
Last Price
AED 520K
Last Sold
11 months ago
Sales
7
Units
10 units
Type
Flat
Beds
1 B/R
Size
877 sqft
Avg Price
AED 512K
Last Price
AED 495K
Last Sold
11 months ago
Sales
21
Units
10 units
Type
Flat
Beds
1 B/R
Size
1,037 sqft
Avg Price
AED 523K
Last Price
AED 650K
Last Sold
12 months ago
Sales
19
Units
14 units
Type
Flat
Beds
1 B/R
Size
1,052 sqft
Avg Price
AED 482K
Last Price
AED 490K
Last Sold
about 1 year ago
Sales
23
Units
10 units
Type
Flat
Beds
1 B/R
Size
1,177 sqft
Avg Price
AED 551K
Last Price
AED 520K
Last Sold
over 1 year ago
Sales
19
Units
6 units
Type
Flat
Beds
1 B/R
Size
977 sqft
Avg Price
AED 530K
Last Price
AED 595K
Last Sold
over 1 year ago
Sales
12
Units
6 units
Type
Flat
Beds
1 B/R
Size
1,081 sqft
Avg Price
AED 608K
Last Price
AED 400K
Last Sold
almost 3 years ago
Sales
11
Units
S1
Type
Shop
Beds
—
Size
1,086 sqft
Avg Price
AED 380K
Last Price
AED 380K
Last Sold
about 14 years ago
Sales
1
Units
4 units
Type
Flat
Beds
1 B/R
Size
937 sqft
Avg Price
AED 613K
Last Price
AED 637K
Last Sold
over 14 years ago
Sales
4

14 unique layouts covering 141 units