by MERAAS BAY AND RESIDENCE L.L.C·ISLAND 2ResidentialFreehold
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Oct 27, 2014
Expected Handover
Sep 27, 2016
Official Status
FINISHED
Total Units
181
Avg Unit Size
2917 sqft
Freehold Ratio
100%
Escrow Agent
Emirates NBD (ENBD)
Median Price
AED 10.41M
PSF
AED 3,914/sqft
Sales 12M
7
vs Area
-30.1%
Asset Turnover
ⓘ
3.9%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
181
Avg Unit Size
2917 sqft
2BR
33.1%1BR
23.8%4BR+
6.6%3BR
36.5%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 3BR | 66 | 36.5% |
| 2BR | 60 | 33.1% |
| 1BR | 43 | 23.8% |
| 4BR+ | 12 | 6.6% |
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 |
|---|---|---|---|---|
| 3BR | 36.5% 66 units | 22.2% 2 sold | 0.61 | ⚠️ STAGNANT |
| 2BR | 33.1% 60 units | 55.6% 5 sold | 1.68 | 🔥 HIGH DEMAND |
| 1BR | 23.8% 43 units | 22.2% 2 sold | 0.93 | ⚠️ STAGNANT |
| 4BR+ | 6.6% 12 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
21 May 2026 | JUMEIRA BAY | 2BR | AED 38.30M | AED 8,369/sqft | Ready | Freehold | |
19 May 2026 | JUMEIRA BAY | 2BR | AED 21.00M | AED 10,837/sqft | Ready | Freehold | |
4 Dec 2025 | ISLAND 2 | 2BR | AED 19.50M | AED 10,063/sqft | Ready | Freehold | |
17 Nov 2025 | ISLAND 2 | 2BR | AED 24.80M | AED 11,875/sqft | Ready | Freehold | |
11 Nov 2025 | ISLAND 2 | 1BR | AED 13.50M | AED 8,339/sqft | Ready | Freehold | |
10 Nov 2025 | ISLAND 2 | 3BR | AED 43.00M | AED 13,571/sqft | Ready | Freehold | |
4 Nov 2025 | ISLAND 2 | 2BR | AED 21.50M | AED 11,129/sqft | Ready | Freehold | |
28 Oct 2025 | ISLAND 2 | 3BR | AED 37.00M | AED 13,713/sqft | Ready | Freehold | |
23 Sep 2025 | ISLAND 2 | 1BR | AED 12.05M | AED 8,133/sqft | Ready | Freehold | |
23 Jun 2025 | ISLAND 2 | 2BR | AED 28.00M | AED 12,472/sqft | Ready | Freehold | |
11 Jun 2025 | ISLAND 2 | 2BR | AED 27.00M | AED 12,026/sqft | Ready | Freehold | |
29 May 2025 | ISLAND 2 | 2BR | AED 21.70M | AED 11,199/sqft | Ready | Freehold | |
19 May 2025 | ISLAND 2 | 3BR | AED 30.00M | AED 11,492/sqft | Ready | Freehold | |
15 May 2025 | ISLAND 2 | 2BR | AED 17.50M | AED 8,379/sqft | Ready | Freehold | |
7 May 2025 | ISLAND 2 | 3BR | AED 42.00M | AED 16,088/sqft | Ready | Freehold | |
23 Apr 2025 | ISLAND 2 | 1BR | AED 13.30M | AED 8,976/sqft | Ready | Freehold | |
23 Apr 2025 | ISLAND 2 | 1BR | AED 14.10M | AED 8,972/sqft | Ready | Freehold | |
17 Apr 2025 | ISLAND 2 | 3BR | AED 35.00M | AED 13,407/sqft | Ready | Freehold | |
13 Mar 2025 | ISLAND 2 | 3BR | AED 57.00M | AED 7,010/sqft | Ready | Freehold | |
23 Jan 2025 | ISLAND 2 | 1BR | AED 11.50M | AED 7,104/sqft | Ready | Freehold | |
14 Jan 2025 | ISLAND 2 | 3BR | AED 36.00M | AED 13,790/sqft | Ready | Freehold | |
20 Dec 2024 | ISLAND 2 | 2BR | AED 19.00M | AED 9,098/sqft | Ready | Freehold | |
6 Dec 2024 | ISLAND 2 | 2BR | AED 5.00M | AED 2,227/sqft | Ready | Freehold | |
27 Nov 2024 | ISLAND 2 | 3BR | AED 27.75M | AED 10,550/sqft | Ready | Freehold | |
26 Nov 2024 | ISLAND 2 | 1BR | AED 12.00M | AED 8,099/sqft | Ready | Freehold | |
5 Nov 2024 | ISLAND 2 | 3BR | AED 54.00M | AED 7,409/sqft | Ready | Freehold | |
22 Oct 2024 | ISLAND 2 | 2BR | AED 14.80M | AED 6,592/sqft | Ready | Freehold | |
16 Oct 2024 | ISLAND 2 | 1BR | AED 11.00M | AED 6,795/sqft | Ready | Freehold | |
30 Sep 2024 | ISLAND 2 | 2BR | AED 31.00M | AED 16,047/sqft | Ready | Freehold | |
30 Sep 2024 | ISLAND 2 | 3BR | AED 45.00M | AED 17,237/sqft | Ready | Freehold |