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ETHAN

by GRIFFIN REAL ESTATE DEVELOPMENT L.L.C·NAD AL SHEBA GARDENSResidentialFreeholdOff-plan Heavy

Development & Handover Profile

🏗️ Under Construction
Construction Progress46.2%
Project Start
Jun 20, 2024
Expected Handover
N/A
Total Units
48
Avg Unit Size
1120 sqft
Freehold Ratio
100%
Escrow Agent
First Abu Dhabi Bank
Median Price
AED 1.71M
PSF
AED 1,670/sqft
Sales 12M
10
vs Area
-52.3%
Asset Turnover
ⓘ
20.8%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
48
Avg Unit Size
1120 sqft
2BR
50.0%
1BR
50.0%

Room Configuration

Unit TypeCountShare
2BR2450.0%
1BR2450.0%

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 TypeInventory ShareSales Share (12M)Demand IndexStatus
2BR50.0%
24 units
60.0%
12 sold
1.20✓ BALANCED
1BR50.0%
24 units
40.0%
8 sold
0.80✓ BALANCED

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
5 Aug 2026
Published 6 Aug 2026
NAD AL SHEBA GARDENS2BRAED 2.55MAED 1,779/sqftOff-planFreehold
5 Aug 2026
Published 6 Aug 2026
NAD AL SHEBA GARDENS2BRAED 1.79MAED 1,723/sqftOff-planFreehold
5 Aug 2026
Published 6 Aug 2026
NAD AL SHEBA GARDENS2BRAED 1.86MAED 1,756/sqftOff-planFreehold
9 Jul 2026
NAD AL SHEBA GARDENS2BRAED 1.87MAED 1,797/sqftOff-planFreehold
19 Jun 2026
Published 22 Jun 2026
NAD AL SHEBA GARDENS1BRAED 1.38MAED 1,639/sqftOff-planFreehold
16 Apr 2026
Published 17 Apr 2026
NAD AL SHEBA GARDENS1BRAED 1.08MAED 1,400/sqftOff-planFreehold
30 Mar 2026
NAD AL SHEBA GARDENS2BRAED 1.65MAED 1,554/sqftOff-planFreehold
20 Feb 2026
Published 23 Feb 2026
NAD AL SHEBA GARDENS1BRAED 1.18MAED 1,534/sqftOff-planFreehold
23 Jan 2026
NAD AL SHEBA GARDENS1BRAED 1.19MAED 1,552/sqftOff-planFreehold
23 Jan 2026
NAD AL SHEBA GARDENS2BRAED 1.77MAED 1,700/sqftOff-planFreehold
1 Dec 2025
NAD AL SHEBA GARDENS2BRAED 2.28MAED 1,590/sqftOff-planFreehold
28 Nov 2025
NAD AL SHEBA GARDENS2BRAED 1.82MAED 1,700/sqftOff-planFreehold
28 Nov 2025
NAD AL SHEBA GARDENS2BRAED 2.05MAED 1,432/sqftOff-planFreehold
28 Nov 2025
NAD AL SHEBA GARDENS2BRAED 1.77MAED 1,700/sqftOff-planFreehold
24 Nov 2025
NAD AL SHEBA GARDENS1BRAED 1.08MAED 1,400/sqftOff-planFreehold
11 Nov 2025
NAD AL SHEBA GARDENS1BRAED 1.40MAED 1,650/sqftOff-planFreehold
3 Nov 2025
NAD AL SHEBA GARDENS1BRAED 1.29MAED 1,526/sqftOff-planFreehold
27 Oct 2025
NAD AL SHEBA GARDENS2BRAED 1.55MAED 1,492/sqftOff-planFreehold
20 Oct 2025
NAD AL SHEBA GARDENS1BRAED 1.26MAED 1,640/sqftOff-planFreehold
13 Oct 2025
NAD AL SHEBA GARDENS2BRAED 1.77MAED 1,671/sqftOff-planFreehold
16 Mar 2023
NAD AL SHEBA GARDENSAED 8.00MAED 540/sqftReadyFreehold
24 Sep 2018
NAD AL SHEBA GARDENSAED 8.00MAED 540/sqftReadyFreehold
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