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Park Views Residences B

by PARK 1 L.L.C·AL KIFAFResidentialFreeholdOff-plan Heavy

Development & Handover Profile

🏗️ Under Construction

Construction Progress53.0%

Project Start

Mar 1, 2023

Expected Handover

Mar 1, 2027

189 days remaining

Official Status

ACTIVE

Total Units

476

Avg Unit Size

1310 sqft

Freehold Ratio

100%

Escrow Agent

Emirates NBD (ENBD)

Median Price

AED 2.27M

PSF

AED 1,965/sqft

Sales 12M

vs Area

-5.2%

Asset Turnover

ⓘ

3.6%

Liquidity (12M)

Physical Inventory Profile

Total Registered Units

476

Avg Unit Size

1310 sqft

2BR

49.4%

1BR

14.9%

4BR+

1.7%

3BR

30.9%

3.2%

Room Configuration

Unit Type	Count	Share
2BR	235	49.4%
3BR	147	30.9%
1BR	71	14.9%
NA	15	3.2%
4BR+	8	1.7%

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 Type	Inventory Share	Sales Share (12M)	Demand Index	Status
2BR	51.0% 235 units	61.1% 22 sold	1.20	✓ BALANCED
3BR	31.9% 147 units	36.1% 13 sold	1.13	✓ BALANCED
1BR	15.4% 71 units	2.8% 1 sold	0.18	🚫 GHOST UNIT
4BR+	1.7% 8 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	Rooms	Price	PSF	Status	Ownership
3 Aug 2026	AL KIFAF	3BR	AED 3.64M	AED 2,214/sqft	Off-plan	Freehold
21 Jul 2026	AL KIFAF	2BR	AED 2.50M	AED 2,250/sqft	Off-plan	Freehold
30 Jun 2026	AL KIFAF	3BR	AED 3.75M	AED 2,280/sqft	Off-plan	Freehold
17 Jun 2026	AL KIFAF	2BR	AED 2.32M	AED 2,084/sqft	Off-plan	Freehold
17 Jun 2026	AL KIFAF	2BR	AED 2.23M	AED 1,840/sqft	Off-plan	Freehold
12 Jun 2026	AL KIFAF	2BR	AED 2.10M	AED 1,897/sqft	Off-plan	Freehold
19 May 2026 Published 20 May 2026	AL KIFAF	2BR	AED 2.50M	AED 2,257/sqft	Off-plan	Freehold
8 May 2026 Published 11 May 2026	AL KIFAF	3BR	AED 3.14M	AED 1,711/sqft	Off-plan	Freehold
15 Apr 2026	AL KIFAF	3BR	AED 3.11M	AED 1,908/sqft	Off-plan	Freehold
14 Apr 2026	AL KIFAF	2BR	AED 2.18M	AED 1,967/sqft	Off-plan	Freehold
17 Mar 2026	AL KIFAF	2BR	AED 2.29M	AED 1,897/sqft	Off-plan	Freehold
17 Mar 2026	AL KIFAF	2BR	AED 2.20M	AED 1,896/sqft	Off-plan	Freehold
17 Mar 2026	AL KIFAF	3BR	AED 3.55M	AED 2,174/sqft	Off-plan	Freehold
26 Feb 2026	AL KIFAF	3BR	AED 3.34M	AED 2,047/sqft	Off-plan	Freehold
6 Feb 2026	AL KIFAF	3BR	AED 3.47M	AED 2,114/sqft	Off-plan	Freehold
5 Feb 2026	AL KIFAF	2BR	AED 2.23M	AED 2,012/sqft	Off-plan	Freehold
4 Feb 2026 Published 5 Feb 2026	AL KIFAF	2BR	AED 2.41M	AED 2,077/sqft	Off-plan	Freehold
3 Feb 2026	AL KIFAF	1BR	AED 1.75M	AED 2,437/sqft	Off-plan	Freehold
7 Jan 2026	AL KIFAF	2BR	AED 2.67M	AED 2,206/sqft	Off-plan	Freehold
25 Dec 2025	AL KIFAF	2BR	AED 1.90M	AED 1,716/sqft	Off-plan	Freehold
16 Dec 2025	AL KIFAF	2BR	AED 2.27M	AED 1,873/sqft	Off-plan	Freehold
16 Dec 2025	AL KIFAF	2BR	AED 2.35M	AED 2,026/sqft	Off-plan	Freehold
11 Dec 2025	AL KIFAF	2BR	AED 2.19M	AED 1,978/sqft	Off-plan	Freehold
3 Dec 2025	AL KIFAF	3BR	AED 3.44M	AED 2,092/sqft	Off-plan	Freehold
18 Nov 2025	AL KIFAF	2BR	AED 2.39M	AED 2,060/sqft	Off-plan	Freehold
7 Nov 2025	AL KIFAF	3BR	AED 3.46M	AED 2,108/sqft	Off-plan	Freehold
30 Oct 2025	AL KIFAF	3BR	AED 3.33M	AED 2,039/sqft	Off-plan	Freehold
27 Oct 2025	AL KIFAF	2BR	AED 2.22M	AED 2,000/sqft	Off-plan	Freehold
22 Oct 2025	AL KIFAF	2BR	AED 2.28M	AED 2,060/sqft	Off-plan	Freehold
20 Oct 2025	AL KIFAF	2BR	AED 2.23M	AED 1,891/sqft	Off-plan	Freehold