by AZIZI DEVELOPMENTS L.L.C·NAD AL SHIBA FIRSTResidentialFreeholdOff-plan Heavy
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Feb 1, 2018
Expected Handover
Mar 8, 2024
Official Status
FINISHED
Total Units
102
Avg Unit Size
816 sqft
Freehold Ratio
100%
Escrow Agent
Abu Dhabi Commercial Bank
Median Price
AED 1.34M
PSF
AED 1,470/sqft
Sales 12M
2
vs Area
-28.6%
Asset Turnover
ⓘ
2.0%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
102
Avg Unit Size
816 sqft
1BR
28.4%2BR
57.8%NA
12.7%3BR
1.0%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 2BR | 59 | 57.8% |
| 1BR | 29 | 28.4% |
| NA | 13 | 12.7% |
| 3BR | 1 | 1.0% |
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 |
|---|---|---|---|---|
| 2BR | 66.3% 59 units | 100.0% 3 sold | 1.51 | 🔥 HIGH DEMAND |
| 1BR | 32.6% 29 units | 0.0% 0 sold | — | 🚫 GHOST UNIT |
| 3BR | 1.1% 1 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 |
|---|---|---|---|---|---|---|---|
14 Aug 2026 Published 17 Aug 2026 | MEYDAN | NA | AED 654K | AED 3,664/sqft | Ready | Freehold | |
13 Feb 2026 Published 16 Feb 2026 | MEYDAN | 2BR | AED 1.15M | AED 1,238/sqft | Ready | Freehold | |
21 Jan 2026 | MEYDAN | NA | AED 1.17M | AED 3,585/sqft | Ready | Freehold | |
21 Jan 2026 | MEYDAN | 2BR | AED 1.60M | AED 1,553/sqft | Ready | Freehold | |
14 Jan 2026 Published 15 Jan 2026 | MEYDAN | NA | AED 1.36M | AED 3,666/sqft | Ready | Freehold | |
20 Nov 2025 | NAD AL SHIBA FIRST | AED 1.25M | AED 3,835/sqft | Ready | Freehold | ||
23 Oct 2025 | NAD AL SHIBA FIRST | 2BR | AED 1.58M | AED 1,683/sqft | Ready | Freehold | |
4 Aug 2025 | NAD AL SHIBA FIRST | 2BR | AED 1.63M | AED 1,870/sqft | Ready | Freehold | |
22 Jan 2025 | NAD AL SHIBA FIRST | 1BR | AED 1.10M | AED 1,882/sqft | Ready | Freehold | |
27 Dec 2024 | NAD AL SHIBA FIRST | 1BR | AED 464K | AED 1,320/sqft | Ready | Freehold | |
26 Dec 2024 | NAD AL SHIBA FIRST | 2BR | AED 1.48M | AED 1,436/sqft | Ready | Freehold | |
20 Dec 2024 | NAD AL SHIBA FIRST | 2BR | AED 1.55M | AED 1,732/sqft | Ready | Freehold | |
16 Dec 2024 | NAD AL SHIBA FIRST | 2BR | AED 1.40M | AED 1,503/sqft | Ready | Freehold | |
11 Dec 2024 | NAD AL SHIBA FIRST | 2BR | AED 1.45M | AED 1,418/sqft | Ready | Freehold | |
2 Dec 2024 | NAD AL SHIBA FIRST | 2BR | AED 1.65M | AED 1,888/sqft | Ready | Freehold | |
28 Nov 2024 | NAD AL SHIBA FIRST | 2BR | AED 1.45M | AED 1,418/sqft | Ready | Freehold | |
12 Nov 2024 | NAD AL SHIBA FIRST | 2BR | AED 1.65M | AED 1,776/sqft | Ready | Freehold | |
23 Oct 2024 | NAD AL SHIBA FIRST | 1BR | AED 921K | AED 1,390/sqft | Ready | Freehold | |
16 Oct 2024 | NAD AL SHIBA FIRST | 2BR | AED 1.43M | AED 1,393/sqft | Ready | Freehold | |
16 Sep 2024 | NAD AL SHIBA FIRST | 2BR | AED 1.50M | AED 1,493/sqft | Ready | Freehold | |
5 Sep 2024 | NAD AL SHIBA FIRST | AED 1.78M | AED 5,351/sqft | Ready | Freehold | ||
5 Sep 2024 | NAD AL SHIBA FIRST | 1BR | AED 1.00M | AED 1,421/sqft | Ready | Freehold | |
4 Sep 2024 | NAD AL SHIBA FIRST | 2BR | AED 1.47M | AED 1,426/sqft | Ready | Freehold | |
12 Aug 2024 | NAD AL SHIBA FIRST | 1BR | AED 896K | AED 1,515/sqft | Ready | Freehold | |
29 Jul 2024 | NAD AL SHIBA FIRST | 1BR | AED 950K | AED 1,433/sqft | Ready | Freehold | |
8 Jul 2024 | NAD AL SHIBA FIRST | 1BR | AED 1.04M | AED 1,472/sqft | Ready | Freehold | |
14 Jun 2024 | NAD AL SHIBA FIRST | AED 1.89M | AED 5,231/sqft | Ready | Freehold | ||
14 Jun 2024 | NAD AL SHIBA FIRST | 2BR | AED 1.39M | AED 1,490/sqft | Ready | Freehold | |
13 Jun 2024 | NAD AL SHIBA FIRST | 1BR | AED 900K | AED 1,521/sqft | Ready | Freehold | |
20 May 2024 | NAD AL SHIBA FIRST | AED 1.59M | AED 5,230/sqft | Off-plan | Freehold |