by MYKA LUXE REAL ESTATE DEVELOPMENT L.L.C·ME'AISEM FIRSTResidentialFreehold
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Jun 1, 2021
Expected Handover
N/A
Official Status
FINISHED
Total Units
120
Avg Unit Size
722 sqft
Freehold Ratio
100%
Escrow Agent
Mashreq Bank PJSC
Median Price
AED 625K
PSF
AED 1,107/sqft
Sales 12M
4
vs Area
-24.7%
Asset Turnover
ⓘ
3.3%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
120
Avg Unit Size
722 sqft
Studio
50.0%1BR
40.0%2BR
10.0%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| Studio | 60 | 50.0% |
| 1BR | 48 | 40.0% |
| 2BR | 12 | 10.0% |
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 Type | Inventory Share | Sales Share (12M) | Demand Index | Status |
|---|---|---|---|---|
| Studio | 50.0% 60 units | 16.7% 2 sold | 0.33 | ⚠️ STAGNANT |
| 1BR | 40.0% 48 units | 66.7% 8 sold | 1.67 | 🔥 HIGH DEMAND |
| 2BR | 10.0% 12 units | 16.7% 2 sold | 1.67 | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
28 Jul 2026 Published 29 Jul 2026 | ME'AISEM FIRST | 1BR | AED 1.20M | AED 1,255/sqft | Ready | Freehold | |
11 Jun 2026 | ME'AISEM FIRST | 2BR | AED 1.56M | AED 1,343/sqft | Ready | Freehold | |
4 Jun 2026 | ME'AISEM FIRST | 1BR | AED 1.00M | AED 1,080/sqft | Ready | Freehold | |
19 May 2026 | ME'AISEM FIRST | 1BR | AED 991K | AED 1,111/sqft | Ready | Freehold | |
7 May 2026 | ME'AISEM FIRST | 1BR | AED 1.08M | AED 1,125/sqft | Ready | Freehold | |
16 Mar 2026 | ME'AISEM FIRST | Studio | AED 640K | AED 1,446/sqft | Ready | Freehold | |
27 Feb 2026 Published 2 Mar 2026 | ME'AISEM FIRST | 1BR | AED 1.10M | AED 1,232/sqft | Ready | Freehold | |
19 Feb 2026 | ME'AISEM FIRST | 2BR | AED 1.63M | AED 1,383/sqft | Ready | Freehold | |
3 Dec 2025 | ME'AISEM FIRST | Studio | AED 635K | AED 1,437/sqft | Ready | Freehold | |
10 Nov 2025 | ME'AISEM FIRST | 1BR | AED 1.15M | AED 1,255/sqft | Ready | Freehold | |
6 Nov 2025 | ME'AISEM FIRST | 1BR | AED 1.05M | AED 1,134/sqft | Ready | Freehold | |
25 Aug 2025 | ME'AISEM FIRST | 1BR | AED 1.02M | AED 1,118/sqft | Ready | Freehold | |
24 Jun 2025 | ME'AISEM FIRST | Studio | AED 625K | AED 1,414/sqft | Ready | Freehold | |
12 Jun 2025 | ME'AISEM FIRST | 1BR | AED 1.10M | AED 1,200/sqft | Ready | Freehold | |
11 Jun 2025 | ME'AISEM FIRST | Studio | AED 600K | AED 1,357/sqft | Ready | Freehold | |
21 May 2025 | ME'AISEM FIRST | Studio | AED 660K | AED 1,491/sqft | Ready | Freehold | |
20 May 2025 | ME'AISEM FIRST | 1BR | AED 1.20M | AED 1,254/sqft | Ready | Freehold | |
13 May 2025 | ME'AISEM FIRST | 2BR | AED 1.70M | AED 1,404/sqft | Ready | Freehold | |
28 Apr 2025 | ME'AISEM FIRST | Studio | AED 750K | AED 1,705/sqft | Ready | Freehold | |
15 Apr 2025 | ME'AISEM FIRST | Studio | AED 620K | AED 1,409/sqft | Ready | Freehold | |
14 Apr 2025 | ME'AISEM FIRST | Studio | AED 580K | AED 1,312/sqft | Ready | Freehold | |
25 Mar 2025 | ME'AISEM FIRST | 1BR | AED 1.04M | AED 1,120/sqft | Ready | Freehold | |
21 Jan 2025 | ME'AISEM FIRST | Studio | AED 595K | AED 1,344/sqft | Ready | Freehold | |
9 Jan 2025 | ME'AISEM FIRST | 2BR | AED 1.49M | AED 1,235/sqft | Ready | Freehold | |
2 Jan 2025 | ME'AISEM FIRST | 1BR | AED 1.23M | AED 1,048/sqft | Ready | Freehold | |
26 Dec 2024 | ME'AISEM FIRST | 1BR | AED 1.06M | AED 1,101/sqft | Ready | Freehold | |
16 Dec 2024 | ME'AISEM FIRST | 1BR | AED 1.05M | AED 1,131/sqft | Ready | Freehold | |
7 Nov 2024 | ME'AISEM FIRST | 1BR | AED 991K | AED 1,111/sqft | Ready | Freehold | |
28 Oct 2024 | ME'AISEM FIRST | Studio | AED 590K | AED 1,335/sqft | Ready | Freehold | |
25 Oct 2024 | ME'AISEM FIRST | Studio | AED 675K | AED 1,534/sqft | Ready | Freehold |