HomeProjectsAl Fouad

Al Fouad

by SOOMA REAL ESTATE DEVELOPER L.L.C·AL FURJANResidentialFreehold

Development & Handover Profile

✓ Handover Complete
Construction Progress100.0%
Project Start
Jan 4, 2016
Expected Handover
Dec 31, 2017
Total Units
108
Avg Unit Size
867 sqft
Freehold Ratio
100%
Escrow Agent
Dubai Islamic Bank PJSC
Median Price
AED 699K
PSF
AED 847/sqft
Sales 12M
1
vs Area
-36.3%
Asset Turnover
0.9%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
108
Avg Unit Size
867 sqft
Studio
16.7%
3BR
1.9%
1BR
63.0%
2BR
16.7%
Retail
1.9%

Room Configuration

Unit TypeCountShare
1BR6863.0%
Studio1816.7%
2BR1816.7%
3BR21.9%
Retail21.9%

Price & Volume Trend

Unit Liquidity Matrix

⚠️ Ghost Units Detected

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
1BR64.2%
68 units
66.7%
2 sold
1.04⚠️ STAGNANT
2BR17.0%
18 units
0.0%
0 sold
🚫 GHOST UNIT
Studio17.0%
18 units
33.3%
1 sold
1.96⚠️ STAGNANT
3BR1.9%
2 units
0.0%
0 sold
⚠️ STAGNANT
Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
30 Mar 2026
AL FURJANRetailAED 3.93MAED 2,450/sqftReadyFreehold
30 Mar 2026
AL FURJANRetailAED 1.33MAED 2,450/sqftReadyFreehold
26 Feb 2026
AL FURJAN1BRAED 650KAED 811/sqftReadyFreehold
12 Feb 2026
AL FURJAN1BRAED 849KAED 945/sqftReadyFreehold
22 Oct 2025
AL FURJANStudioAED 490KAED 945/sqftReadyFreehold
18 Jun 2025
AL FURJAN1BRAED 800KAED 886/sqftReadyFreehold
16 Jun 2025
AL FURJANStudioAED 490KAED 945/sqftReadyFreehold
29 May 2025
AL FURJANStudioAED 590KAED 1,137/sqftReadyFreehold
8 Apr 2025
AL FURJAN1BRAED 715KAED 893/sqftReadyFreehold
28 Feb 2025
AL FURJAN1BRAED 800KAED 885/sqftReadyFreehold
12 Feb 2025
AL FURJAN1BRAED 850KAED 941/sqftReadyFreehold
6 Feb 2025
AL FURJAN1BRAED 800KAED 886/sqftReadyFreehold
16 Dec 2024
AL FURJAN1BRAED 800KAED 886/sqftReadyFreehold
16 Dec 2024
AL FURJANStudioAED 500KAED 964/sqftReadyFreehold
4 Nov 2024
AL FURJAN1BRAED 650KAED 892/sqftReadyFreehold
28 Oct 2024
AL FURJAN1BRAED 650KAED 895/sqftReadyFreehold
2 Oct 2024
AL FURJAN1BRAED 600KAED 827/sqftReadyFreehold
2 Oct 2024
AL FURJAN1BRAED 600KAED 787/sqftReadyFreehold
26 Sep 2024
AL FURJAN1BRAED 700KAED 862/sqftReadyFreehold
23 Jul 2024
AL FURJAN2BRAED 1.07MAED 919/sqftReadyFreehold
22 Jul 2024
AL FURJANStudioAED 470KAED 906/sqftReadyFreehold
30 May 2024
AL FURJANStudioAED 450KAED 868/sqftReadyFreehold
30 May 2024
AL FURJANRetailAED 1.60MAED 999/sqftReadyFreehold
30 May 2024
AL FURJANRetailAED 593KAED 1,089/sqftReadyFreehold
5 Apr 2024
AL FURJAN2BRAED 855KAED 731/sqftReadyFreehold
4 Apr 2024
AL FURJANStudioAED 405KAED 781/sqftReadyFreehold
19 Jan 2024
AL FURJAN2BRAED 860KAED 736/sqftReadyFreehold
10 Jan 2024
AL FURJAN2BRAED 950KAED 812/sqftReadyFreehold
16 Nov 2023
AL FURJANStudioAED 390KAED 752/sqftReadyFreehold
31 Oct 2023
AL FURJAN3BRAED 1.44MAED 849/sqftReadyFreehold