Home›Projects›BRIGHT CORNER

BRIGHT CORNER

by FANDAH PALACE DEVELOPMENT L.L.C·NAD AL SHIBA FIRSTResidentialFreehold

Development & Handover Profile

✓ Handover Complete
Construction Progress100.0%
Project Start
Sep 1, 2016
Expected Handover
Sep 29, 2019
Total Units
43
Avg Unit Size
1166 sqft
Freehold Ratio
100%
Escrow Agent
Dubai Islamic Bank PJSC
Median Price
AED 1.05M
PSF
AED 1,002/sqft
Sales 12M
1
vs Area
-43.7%
Asset Turnover
ⓘ
2.3%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
43
Avg Unit Size
1166 sqft
1BR
41.9%
2BR
51.2%
Retail
7.0%

Room Configuration

Unit TypeCountShare
2BR2251.2%
1BR1841.9%
Retail37.0%

Price & Volume Trend

Unit Liquidity Matrix

⚠️ Ghost Units Detected

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 TypeInventory ShareSales Share (12M)Demand IndexStatus
2BR55.0%
22 units
0.0%
0 sold
—🚫 GHOST UNIT
1BR45.0%
18 units
100.0%
1 sold
2.22⚠️ 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

DateAreaProjectRoomsPricePSFStatusOwnership
1 Dec 2025
NAD AL SHIBA FIRST1BRAED 465KAED 1,173/sqftReadyFreehold
7 Apr 2022
NAD AL SHIBA FIRSTRetailAED 300KAED 439/sqftReadyFreehold
5 Apr 2022
NAD AL SHIBA FIRSTRetailAED 300KAED 440/sqftReadyFreehold
10 Dec 2020
NAD AL SHIBA FIRST1BRAED 797KAED 1,006/sqftReadyFreehold
10 Dec 2020
NAD AL SHIBA FIRST2BRAED 1.11MAED 1,000/sqftReadyFreehold
7 Dec 2020
NAD AL SHIBA FIRST1BRAED 909KAED 1,000/sqftReadyFreehold
7 Dec 2020
NAD AL SHIBA FIRST1BRAED 797KAED 1,005/sqftReadyFreehold
7 Dec 2020
NAD AL SHIBA FIRST2BRAED 1.11MAED 1,000/sqftReadyFreehold
7 Dec 2020
NAD AL SHIBA FIRST1BRAED 906KAED 1,000/sqftReadyFreehold
7 Dec 2020
NAD AL SHIBA FIRST2BRAED 1.11MAED 1,000/sqftReadyFreehold
7 Dec 2020
NAD AL SHIBA FIRST1BRAED 909KAED 1,000/sqftReadyFreehold
7 Dec 2020
NAD AL SHIBA FIRST2BRAED 1.25MAED 1,005/sqftReadyFreehold
7 Dec 2020
NAD AL SHIBA FIRST2BRAED 1.25MAED 1,002/sqftReadyFreehold
7 Dec 2020
NAD AL SHIBA FIRST2BRAED 1.25MAED 1,000/sqftReadyFreehold
7 Dec 2020
NAD AL SHIBA FIRST1BRAED 910KAED 1,001/sqftReadyFreehold
7 Dec 2020
NAD AL SHIBA FIRST2BRAED 1.66MAED 662/sqftReadyFreehold
7 Dec 2020
NAD AL SHIBA FIRST1BRAED 797KAED 1,006/sqftReadyFreehold
30 Nov 2020
NAD AL SHIBA FIRST1BRAED 906KAED 1,000/sqftReadyFreehold
15 Oct 2020
NAD AL SHIBA FIRST1BRAED 910KAED 1,005/sqftReadyFreehold
14 Oct 2020
NAD AL SHIBA FIRST1BRAED 910KAED 1,001/sqftReadyFreehold
14 Oct 2020
NAD AL SHIBA FIRST2BRAED 1.25MAED 1,002/sqftReadyFreehold
14 Oct 2020
NAD AL SHIBA FIRST2BRAED 1.25MAED 1,005/sqftReadyFreehold
5 Oct 2020
NAD AL SHIBA FIRST2BRAED 1.25MAED 1,002/sqftReadyFreehold
12 Mar 2020
NAD AL SHIBA FIRST2BRAED 1.47MAED 1,182/sqftReadyFreehold
10 Dec 2019
NAD AL SHIBA FIRST2BRAED 1.67MAED 576/sqftReadyFreehold
13 Nov 2019
NAD AL SHIBA FIRST1BRAED 930KAED 1,173/sqftReadyFreehold
5 Nov 2019
NAD AL SHIBA FIRST2BRAED 1.50MAED 1,203/sqftReadyFreehold
29 Oct 2019
NAD AL SHIBA FIRST1BRAED 1.00MAED 1,107/sqftReadyFreehold
19 Feb 2018
NAD AL SHIBA FIRST2BRAED 1.90MAED 656/sqftOff-planFreehold
14 Dec 2017
NAD AL SHIBA FIRST2BRAED 1.43MAED 1,291/sqftOff-planFreehold
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