RED RESIDENCE
ReadyDeveloperM E DEVELOPMENT L.L.C
CommunityDubai Sports City
AreaAl Hebiah Fourth
Started
16 years 7 months ago01-06-2009
Handover
10 years 1 month ago30-11-2015
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 2B+G+22+R RESIDENTIAL BUILDING LOCATED IN AL HEBIAH FOURTH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Rising+9%
GrowthCurrent:AED 858/sqft
Last 12M:AED 784/sqft
Momentum: Last 12Mvs Prior Year
Rising+5%
GrowthLast 12M:AED 784/sqft
Prior Year:AED 744/sqft
Community Compare: Last 90DDubai Sports City
Discount-45%
Below AvgProject:AED 858/sqft
Community:AED 1,571/sqft
Liquidity: Last 12MExit Speed
Moderate15%Turnover
50Sold (Last 12M)
Supply & Demand Matrix
RED RESIDENCE averaged 15% 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
Studio
32 units
3 sold29 left
9%
Velocity
1 Bedroom
204 units
29 sold175 left
14%
Velocity
2 Bedrooms
96 units
18 sold78 left
19%
Velocity
3 Bedrooms
1 units
0 sold1 left
0%
Velocity
Layouts & Units (333)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 32 units | Type Flat | Beds 1 B/R | Size 761 sqft | Avg Price AED 430K | Last Price AED 590K | Last Sold 8 days ago | Sales 28 |
Units 32 units | Type Flat | Beds 1 B/R | Size 734 sqft | Avg Price AED 455K | Last Price AED 620K | Last Sold 11 days ago | Sales 25 |
Units 52 units | Type Flat | Beds 2 B/R | Size 1,117 sqft | Avg Price AED 698K | Last Price AED 950K | Last Sold 15 days ago | Sales 33 |
Units 13 units | Type Flat | Beds 2 B/R | Size 970 sqft | Avg Price AED 675K | Last Price AED 875K | Last Sold about 1 month ago | Sales 11 |
Units 36 units | Type Flat | Beds 1 B/R | Size 825 sqft | Avg Price AED 563K | Last Price AED 650K | Last Sold about 2 months ago | Sales 18 |
Units 32 units | Type Flat | Beds Studio | Size 408 sqft | Avg Price AED 315K | Last Price AED 485K | Last Sold about 2 months ago | Sales 31 |
Units 54 units | Type Flat | Beds 1 B/R | Size 788 sqft | Avg Price AED 525K | Last Price AED 640K | Last Sold 3 months ago | Sales 31 |
Units 8 units | Type Flat | Beds 2 B/R | Size 974 sqft | Avg Price AED 710K | Last Price AED 710K | Last Sold 6 months ago | Sales 1 |
Units 8 units | Type Flat | Beds 2 B/R | Size 934 sqft | Avg Price AED 576K | Last Price AED 690K | Last Sold 9 months ago | Sales 5 |
Units 26 units | Type Flat | Beds 1 B/R | Size 818 sqft | Avg Price AED 494K | Last Price AED 610K | Last Sold 9 months ago | Sales 20 |
Units 24 units | Type Flat | Beds 1 B/R | Size 832 sqft | Avg Price AED 488K | Last Price AED 620K | Last Sold 10 months ago | Sales 15 |
Units 2201 | Type Flat | Beds 2 B/R | Size 1,130 sqft | Avg Price AED 698K | Last Price AED 795K | Last Sold 12 months ago | Sales 2 |
Units 13 units | Type Flat | Beds 2 B/R | Size 931 sqft | Avg Price AED 550K | Last Price AED 560K | Last Sold over 2 years ago | Sales 2 |
Units 2206 | Type Flat | Beds 2 B/R | Size 1,121 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2212 | Type Flat | Beds 3 B/R | Size 7,461 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
15 unique layouts covering 333 units