by HRE REAL ESTATE DEVELOPMENT L.L.C·ME'AISEM FIRSTResidentialFreeholdOff-plan Heavy
Development & Handover Profile
⚠️ Past Expected DateConstruction Progress70.0%
Project Start
Oct 1, 2023
Expected Handover
May 31, 2019
Official Status
ACTIVE
Total Units
1,163
Avg Unit Size
796 sqft
Freehold Ratio
100%
Escrow Agent
Sharjah Islamic Bank
Median Price
AED 979K
PSF
AED 1,437/sqft
Sales 12M
18
vs Area
+18.0%
Asset Turnover
ⓘ
1.6%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
1,163
Avg Unit Size
796 sqft
2BR
25.1%1BR
37.7%Retail
0.7%Penthouse
0.2%3BR
1.0%Studio
34.4%NA
0.9%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 1BR | 438 | 37.7% |
| Studio | 400 | 34.4% |
| 2BR | 292 | 25.1% |
| 3BR | 12 | 1.0% |
| NA | 11 | 0.9% |
| Retail | 8 | 0.7% |
| Penthouse | 2 | 0.2% |
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 |
|---|---|---|---|---|
| 1BR | 38.3% 438 units | 33.3% 6 sold | 0.87 | ✓ BALANCED |
| Studio | 35.0% 400 units | 44.4% 8 sold | 1.27 | 🔥 HIGH DEMAND |
| 2BR | 25.5% 292 units | 22.2% 4 sold | 0.87 | ✓ BALANCED |
| 3BR | 1.0% 12 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
| Penthouse | 0.2% 2 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
30 Dec 2025 | ME'AISEM FIRST | 1BR | AED 1.20M | AED 1,664/sqft | Off-plan | Freehold | |
23 Dec 2025 | ME'AISEM FIRST | 1BR | AED 1.00M | AED 1,507/sqft | Off-plan | Freehold | |
17 Dec 2025 | ME'AISEM FIRST | Studio | AED 677K | AED 1,488/sqft | Off-plan | Freehold | |
10 Dec 2025 | ME'AISEM FIRST | Studio | AED 750K | AED 1,649/sqft | Off-plan | Freehold | |
8 Dec 2025 | ME'AISEM FIRST | Studio | AED 970K | AED 2,053/sqft | Off-plan | Freehold | |
8 Dec 2025 | ME'AISEM FIRST | 1BR | AED 1.25M | AED 1,271/sqft | Off-plan | Freehold | |
12 Nov 2025 | ME'AISEM FIRST | 1BR | AED 1.30M | AED 1,324/sqft | Off-plan | Freehold | |
6 Nov 2025 | ME'AISEM FIRST | 2BR | AED 2.00M | AED 1,562/sqft | Off-plan | Freehold | |
4 Nov 2025 | ME'AISEM FIRST | Studio | AED 740K | AED 1,653/sqft | Off-plan | Freehold | |
30 Oct 2025 | ME'AISEM FIRST | 1BR | AED 1.00M | AED 1,030/sqft | Off-plan | Freehold | |
30 Oct 2025 | ME'AISEM FIRST | Studio | AED 795K | AED 1,760/sqft | Off-plan | Freehold | |
22 Oct 2025 | ME'AISEM FIRST | Studio | AED 846K | AED 1,476/sqft | Off-plan | Freehold | |
8 Oct 2025 | ME'AISEM FIRST | 2BR | AED 1.42M | AED 1,388/sqft | Off-plan | Freehold | |
22 Sep 2025 | ME'AISEM FIRST | 2BR | AED 1.39M | AED 1,386/sqft | Off-plan | Freehold | |
16 Sep 2025 | ME'AISEM FIRST | 1BR | AED 1.08M | AED 1,467/sqft | Off-plan | Freehold | |
16 Sep 2025 | ME'AISEM FIRST | Studio | AED 767K | AED 1,338/sqft | Off-plan | Freehold | |
10 Sep 2025 | ME'AISEM FIRST | Studio | AED 860K | AED 1,500/sqft | Off-plan | Freehold | |
25 Aug 2025 | ME'AISEM FIRST | 2BR | AED 1.26M | AED 1,334/sqft | Off-plan | Freehold | |
14 Aug 2025 | ME'AISEM FIRST | Studio | AED 776K | AED 1,361/sqft | Off-plan | Freehold | |
14 Aug 2025 | ME'AISEM FIRST | Studio | AED 675K | AED 1,440/sqft | Off-plan | Freehold | |
13 Aug 2025 | ME'AISEM FIRST | 1BR | AED 1.15M | AED 1,581/sqft | Off-plan | Freehold | |
6 Aug 2025 | ME'AISEM FIRST | Studio | AED 674K | AED 1,508/sqft | Off-plan | Freehold | |
6 Aug 2025 | ME'AISEM FIRST | 1BR | AED 970K | AED 1,438/sqft | Off-plan | Freehold | |
6 Aug 2025 | ME'AISEM FIRST | 1BR | AED 1.01M | AED 1,415/sqft | Off-plan | Freehold | |
6 Aug 2025 | ME'AISEM FIRST | Studio | AED 773K | AED 1,670/sqft | Off-plan | Freehold | |
6 Aug 2025 | ME'AISEM FIRST | 1BR | AED 1.29M | AED 1,342/sqft | Off-plan | Freehold | |
6 Aug 2025 | ME'AISEM FIRST | 1BR | AED 1.07M | AED 1,489/sqft | Off-plan | Freehold | |
6 Aug 2025 | ME'AISEM FIRST | Studio | AED 711K | AED 1,556/sqft | Off-plan | Freehold | |
6 Aug 2025 | ME'AISEM FIRST | 1BR | AED 965K | AED 1,484/sqft | Off-plan | Freehold | |
6 Aug 2025 | ME'AISEM FIRST | Studio | AED 765K | AED 1,618/sqft | Off-plan | Freehold |