Park Views Residences A

Off-Plan

DeveloperPARK 1 L.L.C

CommunityWasl 1

AreaAl Kifaf

Started

2 years 5 months ago25-07-2023

Status

45% BuiltIn Progress

Project Description

3B+G+42+2R Residential & Commercial building,The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

+2%

Growth

Current:AED 2,129/sqft

Last 12M:AED 2,084/sqft

Momentum: Last 12Mvs Prior Year

Stable

+2%

Growth

Last 12M:AED 2,084/sqft

Prior Year:AED 2,048/sqft

Community Compare: Last 90DWasl 1

Premium

+11%

Above Avg

Project:AED 2,129/sqft

Community:AED 1,925/sqft

Liquidity: Last 12MExit Speed

High

21%Turnover

128Sold (Last 12M)

Supply & Demand Matrix

Park Views Residences A averaged 21% liquidity over the last 12 months, which is considered high. 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

63 units

8 sold55 left

13%

Velocity

2 Bedrooms

395 units

96 sold299 left

24%

Velocity

3 Bedrooms

140 units

23 sold117 left

16%

Velocity

4 Bedrooms

4 units

1 sold3 left

25%

Velocity

Shop

12 units

0 sold12 left

Velocity

Layouts & Units (615)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 16 units	Type Flat	Beds 2 B/R	Size 1,058 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold 11 days ago	Sales 19

Units 14 units	Type Flat	Beds 2 B/R	Size 1,265 sqft	Avg Price AED 2.5M	Last Price AED 2.6M	Last Sold 11 days ago	Sales 14

Units 2 units	Type Flat	Beds 2 B/R	Size 1,209 sqft	Avg Price AED 2.4M	Last Price AED 2.4M	Last Sold about 1 month ago	Sales 2

Units 96 units	Type Flat	Beds 2 B/R	Size 1,139 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold 2 months ago	Sales 98

Units 51 units	Type Flat	Beds 2 B/R	Size 1,147 sqft	Avg Price AED 2.3M	Last Price AED 2.2M	Last Sold 2 months ago	Sales 53

Units 64 units	Type Flat	Beds 2 B/R	Size 1,135 sqft	Avg Price AED 2.3M	Last Price AED 2.4M	Last Sold 2 months ago	Sales 64

Units 14 units	Type Flat	Beds 2 B/R	Size 1,182 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold 5 months ago	Sales 13

Units 36 units	Type Flat	Beds 2 B/R	Size 1,118 sqft	Avg Price AED 2.2M	Last Price AED 2.5M	Last Sold 5 months ago	Sales 35

Units 60 units	Type Flat	Beds 3 B/R	Size 1,599 sqft	Avg Price AED 3.4M	Last Price AED 3.6M	Last Sold 6 months ago	Sales 56

Units 15 units	Type Flat	Beds 2 B/R	Size 1,341 sqft	Avg Price AED 2.8M	Last Price AED 3.0M	Last Sold 7 months ago	Sales 15

Units 44 units	Type Flat	Beds 3 B/R	Size 1,572 sqft	Avg Price AED 3.4M	Last Price AED 3.4M	Last Sold 8 months ago	Sales 40

Units 28 units	Type Flat	Beds 1 B/R	Size 748 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 8 months ago	Sales 25

Units 14 units	Type Flat	Beds 2 B/R	Size 1,066 sqft	Avg Price AED 2.0M	Last Price AED 1.9M	Last Sold 8 months ago	Sales 14

Units 14 units	Type Flat	Beds 2 B/R	Size 1,271 sqft	Avg Price AED 2.5M	Last Price AED 2.4M	Last Sold 8 months ago	Sales 14

Units 2 units	Type Flat	Beds 2 B/R	Size 1,123 sqft	Avg Price AED 2.2M	Last Price AED 2.3M	Last Sold 8 months ago	Sales 2

Units 19 units	Type Flat	Beds 2 B/R	Size 1,131 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold 8 months ago	Sales 18

Units 5 units	Type Flat	Beds 3 B/R	Size 2,107 sqft	Avg Price AED 4.9M	Last Price AED 4.9M	Last Sold 8 months ago	Sales 4

Units 28 units	Type Flat	Beds 3 B/R	Size 1,575 sqft	Avg Price AED 3.3M	Last Price AED 3.3M	Last Sold 9 months ago	Sales 27

Units 32 units	Type Flat	Beds 1 B/R	Size 743 sqft	Avg Price AED 1.7M	Last Price AED 1.8M	Last Sold 11 months ago	Sales 27

Units 3701	Type Flat	Beds 3 B/R	Size 1,752 sqft	Avg Price AED 3.5M	Last Price AED 3.5M	Last Sold 11 months ago	Sales 1

Units 2107	Type Flat	Beds 4 B/R	Size 2,532 sqft	Avg Price AED 5.5M	Last Price AED 5.5M	Last Sold 11 months ago	Sales 1

Units 16 units	Type Flat	Beds 2 B/R	Size 1,183 sqft	Avg Price AED 2.4M	Last Price AED 2.4M	Last Sold about 1 year ago	Sales 15

Units 14 units	Type Flat	Beds 2 B/R	Size 1,336 sqft	Avg Price AED 2.7M	Last Price AED 2.5M	Last Sold about 1 year ago	Sales 14

Units 2 units	Type Flat	Beds 4 B/R	Size 2,186 sqft	Avg Price AED 5.4M	Last Price AED 5.5M	Last Sold about 1 year ago	Sales 2

Units 414	Type Flat	Beds 1 B/R	Size 1,128 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold about 1 year ago	Sales 1

Units 401	Type Flat	Beds 3 B/R	Size 2,980 sqft	Avg Price AED 4.0M	Last Price AED 4.0M	Last Sold over 1 year ago	Sales 1

Units 411	Type Flat	Beds 2 B/R	Size 1,283 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold over 1 year ago	Sales 1

Units 2 units	Type Flat	Beds 2 B/R	Size 1,428 sqft	Avg Price AED 2.4M	Last Price AED 2.4M	Last Sold over 1 year ago	Sales 2

Units 410	Type Flat	Beds 2 B/R	Size 1,626 sqft	Avg Price AED 2.6M	Last Price AED 2.6M	Last Sold over 1 year ago	Sales 1

Units 405	Type Flat	Beds 2 B/R	Size 1,840 sqft	Avg Price AED 2.5M	Last Price AED 2.5M	Last Sold over 1 year ago	Sales 1

Units 402	Type Flat	Beds 3 B/R	Size 1,930 sqft	Avg Price AED 3.3M	Last Price AED 3.3M	Last Sold over 1 year ago	Sales 1

Units 403	Type Flat	Beds 1 B/R	Size 1,378 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold over 1 year ago	Sales 1

Units 409	Type Flat	Beds 2 B/R	Size 2,015 sqft	Avg Price AED 2.5M	Last Price AED 2.5M	Last Sold over 1 year ago	Sales 1

Units 404	Type Flat	Beds 1 B/R	Size 911 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold over 1 year ago	Sales 1

Units RETAIL 001	Type Shop	Beds —	Size 900 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 009	Type Shop	Beds —	Size 1,031 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 003	Type Shop	Beds —	Size 1,111 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Shop	Beds —	Size 1,117 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 007	Type Shop	Beds —	Size 1,135 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 010	Type Shop	Beds —	Size 1,274 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 011	Type Shop	Beds —	Size 1,618 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 008	Type Shop	Beds —	Size 1,709 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 006	Type Shop	Beds —	Size 4,838 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units ENTERTAINMENT 001	Type Shop	Beds —	Size 5,029 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units CLINIC	Type Clinic	Beds —	Size 5,117 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 413	Type Flat	Beds 2 B/R	Size 1,621 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 407	Type Flat	Beds 2 B/R	Size 2,037 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2105	Type Flat	Beds 4 B/R	Size 2,200 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

48 unique layouts covering 615 units