by ELEMENTAL DEVELOPMENTS L.L.C·AL SATWAResidentialFreeholdOff-plan Heavy
Development & Handover Profile
⏳ Not StartedConstruction Progress0.0%
Project Start
Jun 1, 2025
Expected Handover
N/A
Official Status
NOT_STARTED
Total Units
42
Avg Unit Size
1131 sqft
Freehold Ratio
100%
Escrow Agent
The National Bank of Ras Al Khaimah PJSC (RAKBANK)
Median Price
AED 2.54M
PSF
AED 2,573/sqft
Sales 12M
1
vs Area
+81.2%
Asset Turnover
ⓘ
2.4%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
42
Avg Unit Size
1131 sqft
NA
7.1%1BR
31.0%2BR
61.9%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 2BR | 26 | 61.9% |
| 1BR | 13 | 31.0% |
| NA | 3 | 7.1% |
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 | 66.7% 26 units | 100.0% 1 sold | 1.50 | ⚠️ STAGNANT |
| 1BR | 33.3% 13 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 Dec 2025 | AL SATWA | 2BR | AED 2.46M | AED 2,338/sqft | Off-plan | Freehold | |
1 Aug 2025 | AL SATWA | 2BR | AED 3.77M | AED 2,714/sqft | Off-plan | Freehold | |
11 Jul 2025 | AL SATWA | 2BR | AED 2.96M | AED 2,782/sqft | Off-plan | Freehold | |
10 Jul 2025 | AL SATWA | 1BR | AED 2.15M | AED 2,748/sqft | Off-plan | Freehold | |
10 Jul 2025 | AL SATWA | 1BR | AED 2.01M | AED 2,563/sqft | Off-plan | Freehold | |
10 Jul 2025 | AL SATWA | 2BR | AED 2.40M | AED 2,506/sqft | Off-plan | Freehold | |
10 Jul 2025 | AL SATWA | 1BR | AED 1.71M | AED 2,739/sqft | Off-plan | Freehold | |
10 Jul 2025 | AL SATWA | 2BR | AED 2.36M | AED 2,464/sqft | Off-plan | Freehold | |
10 Jul 2025 | AL SATWA | 1BR | AED 1.82M | AED 2,921/sqft | Off-plan | Freehold | |
10 Jul 2025 | AL SATWA | 2BR | AED 2.24M | AED 2,341/sqft | Off-plan | Freehold | |
4 Jul 2025 | AL SATWA | 1BR | AED 1.79M | AED 2,879/sqft | Off-plan | Freehold | |
4 Jul 2025 | AL SATWA | 2BR | AED 2.73M | AED 2,567/sqft | Off-plan | Freehold | |
4 Jul 2025 | AL SATWA | 2BR | AED 2.47M | AED 2,355/sqft | Off-plan | Freehold | |
4 Jul 2025 | AL SATWA | 2BR | AED 3.53M | AED 2,541/sqft | Off-plan | Freehold | |
4 Jul 2025 | AL SATWA | 1BR | AED 1.76M | AED 2,827/sqft | Off-plan | Freehold | |
3 Jul 2025 | AL SATWA | 2BR | AED 2.77M | AED 2,599/sqft | Off-plan | Freehold | |
3 Jul 2025 | AL SATWA | 2BR | AED 3.65M | AED 2,626/sqft | Off-plan | Freehold | |
3 Jul 2025 | AL SATWA | 2BR | AED 2.60M | AED 2,442/sqft | Off-plan | Freehold | |
3 Jul 2025 | AL SATWA | 2BR | AED 2.75M | AED 2,579/sqft | Off-plan | Freehold | |
3 Jul 2025 | AL SATWA | 2BR | AED 3.40M | AED 2,443/sqft | Off-plan | Freehold | |
3 Jul 2025 | AL SATWA | 2BR | AED 2.78M | AED 2,611/sqft | Off-plan | Freehold | |
3 Jul 2025 | AL SATWA | 1BR | AED 1.77M | AED 2,843/sqft | Off-plan | Freehold | |
17 Feb 2025 | AL SATWA | AED 29.00M | AED 2,032/sqft | Ready | Freehold | ||
30 Jan 2017 | AL SATWA | AED 20.69M | AED 1,450/sqft | Ready | Freehold |