by AQASA HOMES DEVELOPERS L.L.C·DISCOVERY GARDENSResidentialFreeholdOff-plan Heavy
Development & Handover Profile
🏗️ Under ConstructionConstruction Progress15.7%
Project Start
May 28, 2024
Expected Handover
N/A
Official Status
ACTIVE
Total Units
159
Avg Unit Size
820 sqft
Freehold Ratio
100%
Escrow Agent
Mashreq Bank PJSC
Median Price
AED 975K
PSF
AED 1,274/sqft
Sales 12M
3
vs Area
+66.7%
Asset Turnover
ⓘ
1.9%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
159
Avg Unit Size
820 sqft
2BR
25.8%1BR
45.3%Studio
27.7%3BR
1.3%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 1BR | 72 | 45.3% |
| Studio | 44 | 27.7% |
| 2BR | 41 | 25.8% |
| 3BR | 2 | 1.3% |
Price & Volume Trend
Unit Liquidity Matrix
⚠️ Ghost Units DetectedCompares 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 |
|---|---|---|---|---|
| 1BR | 45.3% 72 units | 0.0% 0 sold | — | 🚫 GHOST UNIT |
| Studio | 27.7% 44 units | 88.9% 8 sold | 3.21 | 🔥 HIGH DEMAND |
| 2BR | 25.8% 41 units | 11.1% 1 sold | 0.43 | ⚠️ STAGNANT |
| 3BR | 1.3% 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
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
10 Aug 2026 | JEBEL ALI FIRST | 2BR | AED 1.75M | AED 1,429/sqft | Off-plan | Freehold | |
31 Jul 2026 Published 3 Aug 2026 | JEBEL ALI FIRST | Studio | AED 615K | AED 1,591/sqft | Off-plan | Freehold | |
24 Mar 2026 | JEBEL ALI FIRST | Studio | AED 650K | AED 1,678/sqft | Off-plan | Freehold | |
24 Mar 2026 | JEBEL ALI FIRST | Studio | AED 650K | AED 1,671/sqft | Off-plan | Freehold | |
24 Mar 2026 | JEBEL ALI FIRST | Studio | AED 650K | AED 1,686/sqft | Off-plan | Freehold | |
26 Feb 2026 | JEBEL ALI FIRST | Studio | AED 582K | AED 1,502/sqft | Off-plan | Freehold | |
22 Dec 2025 | DISCOVERY GARDENS | Studio | AED 700K | AED 1,806/sqft | Off-plan | Freehold | |
9 Dec 2025 | DISCOVERY GARDENS | Studio | AED 700K | AED 1,805/sqft | Off-plan | Freehold | |
9 Dec 2025 | DISCOVERY GARDENS | Studio | AED 700K | AED 1,813/sqft | Off-plan | Freehold | |
21 May 2025 | DISCOVERY GARDENS | Studio | AED 589K | AED 1,528/sqft | Off-plan | Freehold | |
10 Feb 2025 | DISCOVERY GARDENS | Studio | AED 700K | AED 1,803/sqft | Off-plan | Freehold | |
29 Jan 2025 | DISCOVERY GARDENS | 1BR | AED 916K | AED 1,219/sqft | Off-plan | Freehold | |
29 Jan 2025 | DISCOVERY GARDENS | 1BR | AED 916K | AED 1,219/sqft | Off-plan | Freehold | |
29 Jan 2025 | DISCOVERY GARDENS | 2BR | AED 1.45M | AED 1,148/sqft | Off-plan | Freehold | |
28 Jan 2025 | DISCOVERY GARDENS | 1BR | AED 916K | AED 1,218/sqft | Off-plan | Freehold | |
28 Jan 2025 | DISCOVERY GARDENS | 2BR | AED 1.48M | AED 1,176/sqft | Off-plan | Freehold | |
28 Jan 2025 | DISCOVERY GARDENS | 2BR | AED 1.42M | AED 1,184/sqft | Off-plan | Freehold | |
28 Jan 2025 | DISCOVERY GARDENS | 1BR | AED 916K | AED 1,218/sqft | Off-plan | Freehold | |
22 Jan 2025 | DISCOVERY GARDENS | 2BR | AED 1.49M | AED 1,179/sqft | Off-plan | Freehold | |
22 Jan 2025 | DISCOVERY GARDENS | 1BR | AED 975K | AED 988/sqft | Off-plan | Freehold | |
22 Jan 2025 | DISCOVERY GARDENS | 1BR | AED 975K | AED 1,008/sqft | Off-plan | Freehold | |
22 Jan 2025 | DISCOVERY GARDENS | 2BR | AED 1.50M | AED 1,390/sqft | Off-plan | Freehold | |
13 Jan 2025 | DISCOVERY GARDENS | 2BR | AED 1.49M | AED 1,184/sqft | Off-plan | Freehold | |
13 Jan 2025 | DISCOVERY GARDENS | 2BR | AED 1.46M | AED 1,259/sqft | Off-plan | Freehold | |
6 Jan 2025 | DISCOVERY GARDENS | 2BR | AED 1.49M | AED 1,121/sqft | Off-plan | Freehold | |
1 Jan 2025 | DISCOVERY GARDENS | 2BR | AED 1.46M | AED 1,102/sqft | Off-plan | Freehold | |
27 Dec 2024 | DISCOVERY GARDENS | 1BR | AED 1.02M | AED 1,364/sqft | Off-plan | Freehold | |
24 Dec 2024 | DISCOVERY GARDENS | 1BR | AED 965K | AED 989/sqft | Off-plan | Freehold | |
24 Dec 2024 | DISCOVERY GARDENS | 1BR | AED 960K | AED 996/sqft | Off-plan | Freehold | |
23 Dec 2024 | DISCOVERY GARDENS | 2BR | AED 1.46M | AED 1,192/sqft | Off-plan | Freehold |