by H M K REAL ESTATE DEVELOPMENT L.L.C·NAD AL SHEBA GARDENSResidentialFreeholdOff-plan Heavy
Development & Handover Profile
🏗️ Under ConstructionConstruction Progress30.0%
Project Start
Jul 23, 2024
Expected Handover
N/A
Official Status
PENDING
Total Units
N/A
Avg Unit Size
1201 sqft
Freehold Ratio
100%
Escrow Agent
Emirates Islamic Bank PJSC
Median Price
AED 2.08M
PSF
AED 1,848/sqft
Sales 12M
8
vs Area
-42.1%
Asset Turnover
ⓘ
Insufficient Data
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
77
Avg Unit Size
1201 sqft
Studio
5.2%NA
9.1%3BR
2.6%1BR
15.6%2BR
67.5%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 2BR | 52 | 67.5% |
| 1BR | 12 | 15.6% |
| NA | 7 | 9.1% |
| Studio | 4 | 5.2% |
| 3BR | 2 | 2.6% |
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 |
|---|---|---|---|---|
| 2BR | 74.3% 52 units | 62.5% 5 sold | 0.84 | ✓ BALANCED |
| 1BR | 17.1% 12 units | 25.0% 2 sold | 1.46 | ⚠️ STAGNANT |
| Studio | 5.7% 4 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
| 3BR | 2.9% 2 units | 12.5% 1 sold | 4.31 | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
11 Jun 2026 | NAD AL SHEBA GARDENS | 2BR | AED 2.05M | AED 1,803/sqft | Off-plan | Freehold | |
21 Apr 2026 | NAD AL SHEBA GARDENS | 2BR | AED 1.78M | AED 1,831/sqft | Off-plan | Freehold | |
17 Apr 2026 | NAD AL SHEBA GARDENS | 3BR | AED 3.46M | AED 1,693/sqft | Off-plan | Freehold | |
17 Apr 2026 Published 20 Apr 2026 | NAD AL SHEBA GARDENS | 1BR | AED 1.54M | AED 1,848/sqft | Off-plan | Freehold | |
13 Apr 2026 | NAD AL SHEBA GARDENS | 2BR | AED 2.18M | AED 1,916/sqft | Off-plan | Freehold | |
9 Apr 2026 Published 10 Apr 2026 | NAD AL SHEBA GARDENS | 1BR | AED 1.60M | AED 1,916/sqft | Off-plan | Freehold | |
17 Mar 2026 | NAD AL SHEBA GARDENS | 2BR | AED 2.10M | AED 1,848/sqft | Off-plan | Freehold | |
6 Mar 2026 Published 9 Mar 2026 | NAD AL SHEBA GARDENS | 2BR | AED 2.27M | AED 2,001/sqft | Off-plan | Freehold | |
28 Apr 2022 | NAD AL SHEBA GARDENS | AED 6.91M | AED 550/sqft | Ready | Freehold | ||
4 Feb 2020 | NAD AL SHEBA GARDENS | AED 6.91M | AED 550/sqft | Ready | Freehold |