HomeProjectsELEMENTAL 22

ELEMENTAL 22

by ELEMENTAL DEVELOPMENTS L.L.C·AL SATWAResidentialFreeholdOff-plan Heavy

Development & Handover Profile

⏳ Not Started
Construction Progress0.0%
Project Start
Jun 1, 2025
Expected Handover
N/A
Total Units
42
Avg Unit Size
1131 sqft
Freehold Ratio
100%
Escrow Agent
The National Bank of Ras Al Khaimah PJSC (RAKBANK)
Median Price
AED 2.54M
PSF
AED 2,573/sqft
Sales 12M
1
vs Area
+81.2%
Asset Turnover
2.4%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
42
Avg Unit Size
1131 sqft
2BR
61.9%
1BR
31.0%
NA
7.1%

Room Configuration

Unit TypeCountShare
2BR2661.9%
1BR1331.0%
NA37.1%

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
2BR66.7%
26 units
100.0%
1 sold
1.50⚠️ STAGNANT
1BR33.3%
13 units
0.0%
0 sold
🚫 GHOST UNIT
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
8 Dec 2025
AL SATWA2BRAED 2.46MAED 2,338/sqftOff-planFreehold
1 Aug 2025
AL SATWA2BRAED 3.77MAED 2,714/sqftOff-planFreehold
11 Jul 2025
AL SATWA2BRAED 2.96MAED 2,782/sqftOff-planFreehold
10 Jul 2025
AL SATWA2BRAED 2.36MAED 2,464/sqftOff-planFreehold
10 Jul 2025
AL SATWA2BRAED 2.40MAED 2,506/sqftOff-planFreehold
10 Jul 2025
AL SATWA1BRAED 1.82MAED 2,921/sqftOff-planFreehold
10 Jul 2025
AL SATWA1BRAED 1.71MAED 2,739/sqftOff-planFreehold
10 Jul 2025
AL SATWA1BRAED 2.01MAED 2,563/sqftOff-planFreehold
10 Jul 2025
AL SATWA2BRAED 2.24MAED 2,341/sqftOff-planFreehold
10 Jul 2025
AL SATWA1BRAED 2.15MAED 2,748/sqftOff-planFreehold
4 Jul 2025
AL SATWA2BRAED 2.73MAED 2,567/sqftOff-planFreehold
4 Jul 2025
AL SATWA1BRAED 1.79MAED 2,879/sqftOff-planFreehold
4 Jul 2025
AL SATWA2BRAED 2.47MAED 2,355/sqftOff-planFreehold
4 Jul 2025
AL SATWA1BRAED 1.76MAED 2,827/sqftOff-planFreehold
4 Jul 2025
AL SATWA2BRAED 3.53MAED 2,541/sqftOff-planFreehold
3 Jul 2025
AL SATWA2BRAED 3.65MAED 2,626/sqftOff-planFreehold
3 Jul 2025
AL SATWA1BRAED 1.77MAED 2,843/sqftOff-planFreehold
3 Jul 2025
AL SATWA2BRAED 2.78MAED 2,611/sqftOff-planFreehold
3 Jul 2025
AL SATWA2BRAED 2.77MAED 2,599/sqftOff-planFreehold
3 Jul 2025
AL SATWA2BRAED 2.75MAED 2,579/sqftOff-planFreehold
3 Jul 2025
AL SATWA2BRAED 2.60MAED 2,442/sqftOff-planFreehold
3 Jul 2025
AL SATWA2BRAED 3.40MAED 2,443/sqftOff-planFreehold
17 Feb 2025
AL SATWAAED 29.00MAED 2,032/sqftReadyFreehold
30 Jan 2017
AL SATWAAED 20.69MAED 1,450/sqftReadyFreehold