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
Jan 18, 2024
Official Status
FINISHED
Total Units
124
Avg Unit Size
786 sqft
Freehold Ratio
100%
Escrow Agent
Abu Dhabi Commercial Bank
Median Price
AED 1.02M
PSF
AED 1,386/sqft
Sales 12M
2
vs Area
-45.5%
Asset Turnover
ⓘ
1.6%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
124
Avg Unit Size
786 sqft
NA
12.9%1BR
58.1%2BR
29.0%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 1BR | 72 | 58.1% |
| 2BR | 36 | 29.0% |
| NA | 16 | 12.9% |
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 |
|---|---|---|---|---|
| 1BR | 66.7% 72 units | 100.0% 4 sold | 1.50 | 🔥 HIGH DEMAND |
| 2BR | 33.3% 36 units | 0.0% 0 sold | — | 🚫 GHOST UNIT |
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 |
|---|---|---|---|---|---|---|---|
8 Jun 2026 | MEYDAN | NA | AED 1.24M | AED 3,464/sqft | Ready | Freehold | |
25 May 2026 | MEYDAN | NA | AED 2.37M | AED 5,991/sqft | Ready | Freehold | |
30 Mar 2026 Published 31 Mar 2026 | MEYDAN | 1BR | AED 895K | AED 1,313/sqft | Ready | Freehold | |
13 Feb 2026 Published 16 Feb 2026 | MEYDAN | 1BR | AED 900K | AED 1,067/sqft | Ready | Freehold | |
4 Nov 2025 | NAD AL SHIBA FIRST | 1BR | AED 1.05M | AED 1,508/sqft | Ready | Freehold | |
29 Sep 2025 | NAD AL SHIBA FIRST | 1BR | AED 1.02M | AED 1,398/sqft | Ready | Freehold | |
15 Aug 2025 | NAD AL SHIBA FIRST | 1BR | AED 1.10M | AED 1,493/sqft | Ready | Freehold | |
30 Jul 2025 | NAD AL SHIBA FIRST | 1BR | AED 925K | AED 1,385/sqft | Ready | Freehold | |
14 Jul 2025 | NAD AL SHIBA FIRST | 1BR | AED 1.06M | AED 1,261/sqft | Ready | Freehold | |
14 Jul 2025 | NAD AL SHIBA FIRST | 1BR | AED 1.00M | AED 1,467/sqft | Ready | Freehold | |
26 Jun 2025 | NAD AL SHIBA FIRST | 1BR | AED 1.09M | AED 1,568/sqft | Ready | Freehold | |
17 Jun 2025 | NAD AL SHIBA FIRST | 1BR | AED 938K | AED 1,344/sqft | Ready | Freehold | |
10 Jun 2025 | NAD AL SHIBA FIRST | 1BR | AED 975K | AED 1,323/sqft | Ready | Freehold | |
9 Jun 2025 | NAD AL SHIBA FIRST | 1BR | AED 1.08M | AED 1,491/sqft | Ready | Freehold | |
30 May 2025 | NAD AL SHIBA FIRST | 1BR | AED 1.05M | AED 1,587/sqft | Ready | Freehold | |
28 Mar 2025 | NAD AL SHIBA FIRST | 2BR | AED 1.20M | AED 1,337/sqft | Ready | Freehold | |
25 Feb 2025 | NAD AL SHIBA FIRST | 1BR | AED 1.05M | AED 1,469/sqft | Ready | Freehold | |
16 Dec 2024 | NAD AL SHIBA FIRST | 1BR | AED 1.04M | AED 1,490/sqft | Ready | Freehold | |
10 Dec 2024 | NAD AL SHIBA FIRST | 1BR | AED 968K | AED 1,463/sqft | Ready | Freehold | |
6 Dec 2024 | NAD AL SHIBA FIRST | 1BR | AED 1.09M | AED 1,521/sqft | Ready | Freehold | |
7 Nov 2024 | NAD AL SHIBA FIRST | 1BR | AED 850K | AED 1,189/sqft | Ready | Freehold | |
2 Oct 2024 | NAD AL SHIBA FIRST | 2BR | AED 900K | AED 1,003/sqft | Ready | Freehold | |
12 Sep 2024 | NAD AL SHIBA FIRST | 1BR | AED 1.05M | AED 1,391/sqft | Ready | Freehold | |
12 Sep 2024 | NAD AL SHIBA FIRST | 2BR | AED 1.28M | AED 1,434/sqft | Ready | Freehold | |
4 Sep 2024 | NAD AL SHIBA FIRST | 1BR | AED 1.04M | AED 1,307/sqft | Ready | Freehold | |
30 Jul 2024 | NAD AL SHIBA FIRST | 2BR | AED 1.35M | AED 1,504/sqft | Ready | Freehold | |
20 Jun 2024 | NAD AL SHIBA FIRST | 1BR | AED 1.06M | AED 1,429/sqft | Off-plan | Freehold | |
20 Jun 2024 | NAD AL SHIBA FIRST | 1BR | AED 1.01M | AED 1,435/sqft | Off-plan | Freehold | |
20 Jun 2024 | NAD AL SHIBA FIRST | 1BR | AED 978K | AED 1,452/sqft | Off-plan | Freehold | |
17 Jun 2024 | NAD AL SHIBA FIRST | 1BR | AED 875K | AED 1,244/sqft | Off-plan | Freehold |