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
27
vs Area
-47.0%
Asset Turnover
ⓘ
3.1%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
863
Avg Unit Size
702 sqft
Studio
73.7%2BR
21.8%1BR
2.8%Retail
1.7%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 | 77.5% 69 sold | 1.03 | ✓ BALANCED |
| 2BR | 22.2% 188 units | 21.3% 19 sold | 0.96 | ✓ BALANCED |
| 1BR | 2.8% 24 units | 1.1% 1 sold | 0.39 | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
14 Oct 2026 | ME'AISEM FIRST | Studio | AED 410K | AED 827/sqft | Ready | Freehold | |
12 Oct 2026 Published 13 Oct 2026 | ME'AISEM FIRST | Studio | AED 450K | AED 902/sqft | Ready | Freehold | |
12 Oct 2026 | ME'AISEM FIRST | Studio | AED 430K | AED 862/sqft | Ready | Freehold | |
9 Oct 2026 | ME'AISEM FIRST | Studio | AED 407K | AED 815/sqft | Ready | Freehold | |
9 Oct 2026 | ME'AISEM FIRST | Studio | AED 407K | AED 812/sqft | Ready | Freehold | |
8 Oct 2026 | ME'AISEM FIRST | Studio | AED 410K | AED 814/sqft | Ready | Freehold | |
7 Oct 2026 | ME'AISEM FIRST | Studio | AED 395K | AED 796/sqft | Ready | Freehold | |
1 Oct 2026 | ME'AISEM FIRST | Studio | AED 445K | AED 888/sqft | Ready | Freehold | |
29 Sep 2026 | ME'AISEM FIRST | Studio | AED 453K | AED 898/sqft | Ready | Freehold | |
29 Sep 2026 | ME'AISEM FIRST | Studio | AED 453K | AED 907/sqft | Ready | Freehold | |
28 Sep 2026 Published 29 Sep 2026 | ME'AISEM FIRST | Studio | AED 431K | AED 864/sqft | Ready | Freehold | |
28 Sep 2026 | ME'AISEM FIRST | Studio | AED 430K | AED 862/sqft | Ready | Freehold | |
18 Sep 2026 | ME'AISEM FIRST | Studio | AED 400K | AED 802/sqft | Ready | Freehold | |
18 Sep 2026 | ME'AISEM FIRST | Studio | AED 400K | AED 802/sqft | Ready | Freehold | |
17 Sep 2026 | ME'AISEM FIRST | Studio | AED 390K | AED 779/sqft | Ready | Freehold | |
15 Sep 2026 | ME'AISEM FIRST | 2BR | AED 940K | AED 709/sqft | Ready | Freehold | |
3 Sep 2026 | ME'AISEM FIRST | Studio | AED 435K | AED 872/sqft | Ready | Freehold | |
27 Aug 2026 Published 28 Aug 2026 | ME'AISEM FIRST | 2BR | AED 900K | AED 685/sqft | Ready | Freehold | |
27 Aug 2026 Published 28 Aug 2026 | ME'AISEM FIRST | Studio | AED 415K | AED 832/sqft | Ready | Freehold | |
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 |