by SIKANTA REAL ESTATE DEVELOPMENT L.L.C·DUBAI SOUTHResidentialFreeholdOff-plan Heavy
Development & Handover Profile
⏳ Not StartedConstruction Progress0.0%
Project Start
Nov 1, 2025
Expected Handover
N/A
Official Status
NOT_STARTED
Total Units
64
Avg Unit Size
882 sqft
Freehold Ratio
100%
Escrow Agent
Emirates Islamic Bank PJSC
Median Price
AED 675K
PSF
AED 1,400/sqft
Sales 12M
12
vs Area
-35.7%
Asset Turnover
ⓘ
18.8%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
64
Avg Unit Size
882 sqft
Studio
31.3%2BR
50.0%1BR
18.8%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 2BR | 32 | 50.0% |
| Studio | 20 | 31.3% |
| 1BR | 12 | 18.8% |
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 | 50.0% 32 units | 28.6% 4 sold | 0.57 | ⚠️ LOW DEMAND |
| Studio | 31.3% 20 units | 71.4% 10 sold | 2.28 | 🔥 HIGH DEMAND |
| 1BR | 18.8% 12 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 |
|---|---|---|---|---|---|---|---|
19 Jun 2026 Published 22 Jun 2026 | DUBAI SOUTH | 2BR | AED 1.43M | AED 1,245/sqft | Off-plan | Freehold | |
8 Jun 2026 | DUBAI SOUTH | Studio | AED 676K | AED 1,400/sqft | Off-plan | Freehold | |
15 May 2026 Published 18 May 2026 | DUBAI SOUTH | 2BR | AED 1.21M | AED 1,178/sqft | Off-plan | Freehold | |
30 Apr 2026 | DUBAI SOUTH | Studio | AED 587K | AED 1,400/sqft | Off-plan | Freehold | |
10 Apr 2026 Published 13 Apr 2026 | DUBAI SOUTH | 2BR | AED 1.36M | AED 1,235/sqft | Off-plan | Freehold | |
19 Feb 2026 Published 20 Feb 2026 | DUBAI SOUTH | Studio | AED 676K | AED 1,400/sqft | Off-plan | Freehold | |
21 Jan 2026 | DUBAI SOUTH | Studio | AED 587K | AED 1,400/sqft | Off-plan | Freehold | |
21 Jan 2026 | DUBAI SOUTH | Studio | AED 587K | AED 1,400/sqft | Off-plan | Freehold | |
21 Jan 2026 | DUBAI SOUTH | Studio | AED 587K | AED 1,400/sqft | Off-plan | Freehold | |
7 Jan 2026 Published 8 Jan 2026 | DUBAI SOUTH | 2BR | AED 1.43M | AED 1,245/sqft | Off-plan | Freehold | |
6 Jan 2026 | DUBAI SOUTH | Studio | AED 675K | AED 1,400/sqft | Off-plan | Freehold | |
3 Jan 2026 Published 5 Jan 2026 | DUBAI SOUTH | Studio | AED 675K | AED 1,400/sqft | Off-plan | Freehold | |
16 Dec 2025 | MADINAT AL MATAAR | Studio | AED 674K | AED 1,400/sqft | Off-plan | Freehold | |
8 Dec 2025 | MADINAT AL MATAAR | Studio | AED 674K | AED 1,400/sqft | Off-plan | Freehold | |
25 Nov 2024 | MADINAT AL MATAAR | AED 9.14M | AED 279/sqft | Ready | Freehold |