by DAMAC PROPERTIES CO (L.L.C)·ME'AISEM FIRSTResidentialFreehold
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Jul 11, 2006
Expected Handover
Dec 25, 2008
Official Status
FINISHED
Total Units
863
Avg Unit Size
702 sqft
Freehold Ratio
100%
Escrow Agent
Abu Dhabi Commercial Bank
Median Price
AED 440K
PSF
AED 731/sqft
Sales 12M
32
vs Area
-47.0%
Asset Turnover
ⓘ
3.7%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
863
Avg Unit Size
702 sqft
2BR
21.8%1BR
2.8%Retail
1.7%Studio
73.7%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| Studio | 636 | 73.7% |
| 2BR | 188 | 21.8% |
| 1BR | 24 | 2.8% |
| Retail | 15 | 1.7% |
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 | 75.0% 636 units | 76.0% 57 sold | 1.01 | ✓ BALANCED |
| 2BR | 22.2% 188 units | 22.7% 17 sold | 1.02 | ✓ BALANCED |
| 1BR | 2.8% 24 units | 1.3% 1 sold | 0.46 | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
18 Aug 2026 | ME'AISEM FIRST | Studio | AED 422K | AED 846/sqft | Ready | Freehold | |
17 Aug 2026 | ME'AISEM FIRST | Retail | AED 530K | AED 1,100/sqft | Ready | Freehold | |
6 Aug 2026 | ME'AISEM FIRST | Studio | AED 420K | AED 847/sqft | Ready | Freehold | |
28 Jul 2026 | ME'AISEM FIRST | Studio | AED 480K | AED 962/sqft | Ready | Freehold | |
15 Jul 2026 | ME'AISEM FIRST | Studio | AED 395K | AED 792/sqft | Ready | Freehold | |
14 Jul 2026 | ME'AISEM FIRST | Studio | AED 473K | AED 944/sqft | Ready | Freehold | |
11 Jul 2026 Published 13 Jul 2026 | ME'AISEM FIRST | Studio | AED 410K | AED 827/sqft | Ready | Freehold | |
1 Jul 2026 | ME'AISEM FIRST | Studio | AED 375K | AED 755/sqft | Ready | Freehold | |
1 Jul 2026 | ME'AISEM FIRST | Studio | AED 400K | AED 794/sqft | Ready | Freehold | |
23 Jun 2026 | ME'AISEM FIRST | Studio | AED 480K | AED 962/sqft | Ready | Freehold | |
19 Jun 2026 | ME'AISEM FIRST | Studio | AED 474K | AED 950/sqft | Ready | Freehold | |
11 Jun 2026 Published 12 Jun 2026 | ME'AISEM FIRST | 2BR | AED 858K | AED 654/sqft | Ready | Freehold | |
11 Jun 2026 | ME'AISEM FIRST | Studio | AED 450K | AED 902/sqft | Ready | Freehold | |
8 Jun 2026 | ME'AISEM FIRST | 2BR | AED 1.00M | AED 762/sqft | Ready | Freehold | |
4 Jun 2026 | ME'AISEM FIRST | Studio | AED 480K | AED 968/sqft | Ready | Freehold | |
1 Jun 2026 Published 2 Jun 2026 | ME'AISEM FIRST | Studio | AED 480K | AED 958/sqft | Ready | Freehold | |
20 May 2026 | ME'AISEM FIRST | 2BR | AED 900K | AED 686/sqft | Ready | Freehold | |
18 May 2026 | ME'AISEM FIRST | Studio | AED 390K | AED 774/sqft | Ready | Freehold | |
15 May 2026 | ME'AISEM FIRST | Studio | AED 425K | AED 852/sqft | Ready | Freehold | |
8 May 2026 | ME'AISEM FIRST | 2BR | AED 905K | AED 689/sqft | Ready | Freehold | |
20 Apr 2026 | ME'AISEM FIRST | Studio | AED 510K | AED 1,022/sqft | Ready | Freehold | |
14 Apr 2026 | ME'AISEM FIRST | Studio | AED 420K | AED 842/sqft | Ready | Freehold | |
25 Mar 2026 | ME'AISEM FIRST | 2BR | AED 950K | AED 743/sqft | Ready | Freehold | |
24 Mar 2026 | ME'AISEM FIRST | Studio | AED 410K | AED 822/sqft | Ready | Freehold | |
16 Mar 2026 | ME'AISEM FIRST | Retail | AED 2.11M | AED 694/sqft | Ready | Freehold | |
10 Mar 2026 | ME'AISEM FIRST | 2BR | AED 940K | AED 708/sqft | Ready | Freehold | |
9 Mar 2026 | ME'AISEM FIRST | Studio | AED 460K | AED 922/sqft | Ready | Freehold | |
6 Mar 2026 | ME'AISEM FIRST | Studio | AED 410K | AED 822/sqft | Ready | Freehold | |
5 Mar 2026 | ME'AISEM FIRST | Studio | AED 450K | AED 902/sqft | Ready | Freehold | |
26 Feb 2026 Published 27 Feb 2026 | ME'AISEM FIRST | 2BR | AED 940K | AED 736/sqft | Ready | Freehold |