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Pier Point 1

by MINA RASHID PROPERTIES L.L.C·MADINAT DUBAI ALMELAHEYAHResidentialFreeholdOff-plan Heavy

Development & Handover Profile

⏳ Not Started
Construction Progress0.4%
Project Start
Feb 22, 2025
Expected Handover
N/A
Total Units
122
Avg Unit Size
1138 sqft
Freehold Ratio
100%
Escrow Agent
First Abu Dhabi Bank
Median Price
AED 2.89M
PSF
AED 2,692/sqft
Sales 12M
0
vs Area
+12.5%
Asset Turnover
ⓘ
0.0%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
122
Avg Unit Size
1138 sqft
2BR
41.8%
1BR
46.7%
3BR
11.5%

Room Configuration

Unit TypeCountShare
1BR5746.7%
2BR5141.8%
3BR1411.5%

Price & Volume Trend

Unit Liquidity Matrix

⚠️ Ghost Units Detected

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
1BR46.7%
57 units
0.0%
0 sold
—🚫 GHOST UNIT
2BR41.8%
51 units
100.0%
1 sold
2.39⚠️ STAGNANT
3BR11.5%
14 units
0.0%
0 sold
—⚠️ STAGNANT
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

DateAreaProjectRoomsPricePSFStatusOwnership
1 May 2026
MADINAT DUBAI ALMELAHEYAH2BRAED 2.92MAED 2,276/sqftOff-planFreehold
27 Feb 2025
MADINAT DUBAI ALMELAHEYAH2BRAED 2.94MAED 2,277/sqftOff-planFreehold
19 Feb 2025
MADINAT DUBAI ALMELAHEYAH2BRAED 3.05MAED 2,376/sqftOff-planFreehold
14 Jan 2025
MADINAT DUBAI ALMELAHEYAH1BRAED 1.95MAED 2,515/sqftOff-planFreehold
13 Jan 2025
MADINAT DUBAI ALMELAHEYAH3BRAED 8.75MAED 3,281/sqftOff-planFreehold
10 Jan 2025
MADINAT DUBAI ALMELAHEYAH1BRAED 2.20MAED 2,745/sqftOff-planFreehold
9 Jan 2025
MADINAT DUBAI ALMELAHEYAH1BRAED 2.40MAED 2,992/sqftOff-planFreehold
23 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 4.08MAED 3,363/sqftOff-planFreehold
20 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.87MAED 2,331/sqftOff-planFreehold
17 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.90MAED 2,258/sqftOff-planFreehold
17 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 1.97MAED 2,531/sqftOff-planFreehold
17 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 2.12MAED 2,645/sqftOff-planFreehold
16 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 1.94MAED 2,505/sqftOff-planFreehold
16 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 4.46MAED 3,462/sqftOff-planFreehold
16 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.85MAED 2,221/sqftOff-planFreehold
16 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.95MAED 2,293/sqftOff-planFreehold
11 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 2.14MAED 2,642/sqftOff-planFreehold
11 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 1.97MAED 2,544/sqftOff-planFreehold
11 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 1.93MAED 2,499/sqftOff-planFreehold
9 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 2.17MAED 2,673/sqftOff-planFreehold
29 Nov 2024
MADINAT DUBAI ALMELAHEYAH3BRAED 5.04MAED 3,013/sqftOff-planFreehold
27 Nov 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 2.03MAED 2,511/sqftOff-planFreehold
25 Nov 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 3.81MAED 3,143/sqftOff-planFreehold
25 Nov 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 3.68MAED 2,683/sqftOff-planFreehold
25 Nov 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 4.51MAED 3,522/sqftOff-planFreehold
25 Nov 2024
MADINAT DUBAI ALMELAHEYAH3BRAED 8.75MAED 3,281/sqftOff-planFreehold
25 Nov 2024
MADINAT DUBAI ALMELAHEYAH3BRAED 5.53MAED 3,307/sqftOff-planFreehold
25 Nov 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.99MAED 2,332/sqftOff-planFreehold
19 Nov 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 2.37MAED 2,950/sqftOff-planFreehold
19 Nov 2024
MADINAT DUBAI ALMELAHEYAH3BRAED 5.49MAED 3,283/sqftOff-planFreehold
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