by ERMAX DEVELOPMENT L.L.C·INTERNATIONAL CITYResidentialFreeholdOff-plan Heavy
Development & Handover Profile
🏗️ Under ConstructionConstruction Progress30.0%
Project Start
Oct 10, 2024
Expected Handover
N/A
Official Status
PENDING
Total Units
57
Avg Unit Size
774 sqft
Freehold Ratio
100%
Escrow Agent
Emirates NBD (ENBD)
Median Price
AED 437K
PSF
AED 1,246/sqft
Sales 12M
5
vs Area
-2.9%
Asset Turnover
ⓘ
8.8%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
57
Avg Unit Size
774 sqft
1BR
49.1%2BR
17.5%Studio
29.8%NA
3.5%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 1BR | 28 | 49.1% |
| Studio | 17 | 29.8% |
| 2BR | 10 | 17.5% |
| NA | 2 | 3.5% |
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 |
|---|---|---|---|---|
| 1BR | 50.9% 28 units | 20.0% 1 sold | 0.39 | ⚠️ STAGNANT |
| Studio | 30.9% 17 units | 60.0% 3 sold | 1.94 | 🔥 HIGH DEMAND |
| 2BR | 18.2% 10 units | 20.0% 1 sold | 1.10 | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
21 Oct 2026 | INTERNATIONAL CITY | 2BR | AED 1.28M | AED 1,199/sqft | Off-plan | Freehold | |
7 May 2026 | INTERNATIONAL CITY | Studio | AED 423K | AED 1,246/sqft | Off-plan | Freehold | |
1 Apr 2026 | INTERNATIONAL CITY | 1BR | AED 947K | AED 1,232/sqft | Off-plan | Freehold | |
17 Mar 2026 | INTERNATIONAL CITY | Studio | AED 437K | AED 1,288/sqft | Off-plan | Freehold | |
27 Feb 2026 Published 2 Mar 2026 | INTERNATIONAL CITY | Studio | AED 430K | AED 1,269/sqft | Off-plan | Freehold | |
29 Mar 2024 | INTERNATIONAL CITY | AED 6.00M | AED 408/sqft | Ready | Freehold | ||
24 Nov 2022 | INTERNATIONAL CITY | AED 4.32M | AED 294/sqft | Ready | Freehold |