PARK HEIGHTS II

Ready

DeveloperDUBAI HILLS ESTATE L.L.C

CommunityDubai Hills Estate

AreaHadaeq Sheikh Mohammed Bin Rashid

Started

8 years 5 months ago25-07-2017

Handover

5 years 9 months ago31-03-2020

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF (B+G+18+R)X2 RESIDENTIAL BUILDING LOCATED IN HADAEQ SHEIKH MOHAMMED BIN RASHID. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-11%

Decline

Current:AED 1,707/sqft

Last 12M:AED 1,925/sqft

Momentum: Last 12Mvs Prior Year

Stable

Growth

Last 12M:AED 1,925/sqft

Prior Year:AED 1,918/sqft

Community Compare: Last 90DDubai Hills Estate

Discount

-23%

Below Avg

Project:AED 1,707/sqft

Community:AED 2,230/sqft

Liquidity: Last 12MExit Speed

Moderate

12%Turnover

67Sold (Last 12M)

Supply & Demand Matrix

PARK HEIGHTS II 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

299 units

35 sold264 left

12%

Velocity

2 Bedrooms

183 units

15 sold168 left

Velocity

3 Bedrooms

73 units

17 sold56 left

23%

Velocity

Shop

2 units

0 sold2 left

Velocity

Layouts & Units (557)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 72 units	Type Flat	Beds 2 B/R	Size 956 sqft	Avg Price AED 1.5M	Last Price AED 106K	Last Sold 11 days ago	Sales 36

Units 70 units	Type Flat	Beds 3 B/R	Size 1,612 sqft	Avg Price AED 2.9M	Last Price AED 3.0M	Last Sold 14 days ago	Sales 30

Units 230 units	Type Flat	Beds 1 B/R	Size 645 sqft	Avg Price AED 1.2M	Last Price AED 1.5M	Last Sold 15 days ago	Sales 131

Units 36 units	Type Flat	Beds 2 B/R	Size 959 sqft	Avg Price AED 1.7M	Last Price AED 2.1M	Last Sold 29 days ago	Sales 19

Units 35 units	Type Flat	Beds 1 B/R	Size 657 sqft	Avg Price AED 1.2M	Last Price AED 1.4M	Last Sold about 2 months ago	Sales 17

Units 35 units	Type Flat	Beds 2 B/R	Size 1,074 sqft	Avg Price AED 1.8M	Last Price AED 2.4M	Last Sold 3 months ago	Sales 18

Units 22 units	Type Flat	Beds 1 B/R	Size 649 sqft	Avg Price AED 1.1M	Last Price AED 1.4M	Last Sold 4 months ago	Sales 14

Units 36 units	Type Flat	Beds 2 B/R	Size 1,089 sqft	Avg Price AED 1.9M	Last Price AED 2.3M	Last Sold 4 months ago	Sales 13

Units G05	Type Flat	Beds 2 B/R	Size 1,648 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold 9 months ago	Sales 1

Units G06	Type Flat	Beds 3 B/R	Size 2,330 sqft	Avg Price AED 3.5M	Last Price AED 3.5M	Last Sold 10 months ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 853 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold 11 months ago	Sales 1

Units G07	Type Flat	Beds 1 B/R	Size 844 sqft	Avg Price AED 1.1M	Last Price AED 1.2M	Last Sold over 1 year ago	Sales 2

Units 3 units	Type Flat	Beds 1 B/R	Size 836 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold about 2 years ago	Sales 1

Units 2 units	Type Flat	Beds 3 B/R	Size 1,613 sqft	Avg Price AED 2.8M	Last Price AED 2.8M	Last Sold almost 3 years ago	Sales 1

Units 111	Type Flat	Beds 1 B/R	Size 658 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G04	Type Flat	Beds 1 B/R	Size 727 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G04	Type Flat	Beds 1 B/R	Size 756 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G08	Type Flat	Beds 1 B/R	Size 841 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 104	Type Flat	Beds 2 B/R	Size 1,078 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G03	Type Flat	Beds 2 B/R	Size 1,276 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G03	Type Flat	Beds 2 B/R	Size 1,451 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R01	Type Shop	Beds —	Size 1,565 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R02	Type Shop	Beds —	Size 2,004 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

23 unique layouts covering 557 units