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DAMAC HILLS (2) - VIRIDIS

by FRONT LINE INVESTMENT MANAGEMENT L.L.C·DAMAC HILLS 2ResidentialFreehold

Development & Handover Profile

✓ Handover Complete

Construction Progress100.0%

Project Start

Dec 1, 2015

Expected Handover

Apr 3, 2023

Official Status

FINISHED

Total Units

870

Avg Unit Size

596 sqft

Freehold Ratio

100%

Escrow Agent

Abu Dhabi Commercial Bank

Median Price

AED 490K

PSF

AED 936/sqft

Sales 12M

vs Area

-67.2%

Asset Turnover

ⓘ

4.1%

Liquidity (12M)

Physical Inventory Profile

Total Registered Units

870

Avg Unit Size

596 sqft

2BR

12.4%

1BR

19.5%

Studio

66.2%

1.8%

Room Configuration

Unit Type	Count	Share
Studio	576	66.2%
1BR	170	19.5%
2BR	108	12.4%
NA	16	1.8%

Price & Volume Trend

Unit Liquidity Matrix

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 Type	Inventory Share	Sales Share (12M)	Demand Index	Status
Studio	67.4% 576 units	70.7% 65 sold	1.05	✓ BALANCED
1BR	19.9% 170 units	20.7% 19 sold	1.04	✓ BALANCED
2BR	12.6% 108 units	8.7% 8 sold	0.69	⚠️ LOW DEMAND

Recent Transactions

Date	Area	Rooms	Price	PSF	Status	Ownership
24 Aug 2026	MADINAT HIND 4	Studio	AED 425K	AED 1,017/sqft	Ready	Freehold
21 Aug 2026 Published 24 Aug 2026	MADINAT HIND 4	Studio	AED 420K	AED 1,000/sqft	Ready	Freehold
20 Aug 2026 Published 21 Aug 2026	MADINAT HIND 4	Studio	AED 482K	AED 1,154/sqft	Ready	Freehold
12 Aug 2026	MADINAT HIND 4	Studio	AED 446K	AED 1,067/sqft	Ready	Freehold
3 Aug 2026	MADINAT HIND 4	NA	AED 2.20M	AED 1,756/sqft	Ready	Freehold
3 Aug 2026	MADINAT HIND 4	Studio	AED 472K	AED 1,158/sqft	Ready	Freehold
23 Jul 2026	MADINAT HIND 4	Studio	AED 430K	AED 989/sqft	Ready	Freehold
16 Jul 2026	MADINAT HIND 4	2BR	AED 930K	AED 841/sqft	Ready	Freehold
10 Jul 2026	MADINAT HIND 4	1BR	AED 750K	AED 982/sqft	Ready	Freehold
23 Jun 2026	MADINAT HIND 4	Studio	AED 440K	AED 1,012/sqft	Ready	Freehold
20 Jun 2026 Published 22 Jun 2026	MADINAT HIND 4	Studio	AED 410K	AED 1,007/sqft	Ready	Freehold
9 Jun 2026	MADINAT HIND 4	Studio	AED 400K	AED 1,099/sqft	Ready	Freehold
2 Jun 2026	MADINAT HIND 4	Studio	AED 380K	AED 1,008/sqft	Ready	Freehold
20 May 2026	MADINAT HIND 4	NA	AED 2.00M	AED 1,553/sqft	Ready	Freehold
19 May 2026	MADINAT HIND 4	2BR	AED 950K	AED 861/sqft	Ready	Freehold
13 May 2026 Published 14 May 2026	MADINAT HIND 4	1BR	AED 660K	AED 783/sqft	Ready	Freehold
13 May 2026 Published 14 May 2026	MADINAT HIND 4	1BR	AED 660K	AED 864/sqft	Ready	Freehold
13 May 2026 Published 14 May 2026	MADINAT HIND 4	1BR	AED 660K	AED 779/sqft	Ready	Freehold
13 May 2026	MADINAT HIND 4	Studio	AED 540K	AED 1,259/sqft	Ready	Freehold
13 May 2026 Published 14 May 2026	MADINAT HIND 4	2BR	AED 800K	AED 723/sqft	Ready	Freehold
13 May 2026 Published 14 May 2026	MADINAT HIND 4	1BR	AED 660K	AED 882/sqft	Ready	Freehold
13 May 2026 Published 14 May 2026	MADINAT HIND 4	1BR	AED 660K	AED 782/sqft	Ready	Freehold
7 May 2026	MADINAT HIND 4	Studio	AED 655K	AED 1,156/sqft	Ready	Freehold
22 Apr 2026	MADINAT HIND 4	Studio	AED 440K	AED 1,048/sqft	Ready	Freehold
17 Apr 2026	MADINAT HIND 4	Studio	AED 543K	AED 1,266/sqft	Ready	Freehold
16 Apr 2026	MADINAT HIND 4	1BR	AED 710K	AED 918/sqft	Ready	Freehold
2 Apr 2026	MADINAT HIND 4	Studio	AED 435K	AED 1,011/sqft	Ready	Freehold
1 Apr 2026	MADINAT HIND 4	Studio	AED 520K	AED 1,212/sqft	Ready	Freehold
1 Apr 2026	MADINAT HIND 4	2BR	AED 1.04M	AED 955/sqft	Ready	Freehold
18 Mar 2026	MADINAT HIND 4	Studio	AED 470K	AED 1,120/sqft	Ready	Freehold