by NURI REAL ESTATE DEVELOPMENT L.L.C·NAD AL SHIBA FIRSTResidentialFreeholdOff-plan Heavy
Development & Handover Profile
🏗️ Under ConstructionConstruction Progress13.1%
Project Start
May 1, 2025
Expected Handover
N/A
Official Status
ACTIVE
Total Units
41
Avg Unit Size
1092 sqft
Freehold Ratio
100%
Escrow Agent
Al Ahli Bank of Kuwait - Dubai
Median Price
AED 1.62M
PSF
AED 1,955/sqft
Sales 12M
9
vs Area
-13.5%
Asset Turnover
ⓘ
21.9%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
41
Avg Unit Size
1092 sqft
2BR
19.5%1BR
68.3%3BR
4.9%NA
7.3%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 1BR | 28 | 68.3% |
| 2BR | 8 | 19.5% |
| NA | 3 | 7.3% |
| 3BR | 2 | 4.9% |
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 | 73.7% 28 units | 77.8% 28 sold | 1.06 | ✓ BALANCED |
| 2BR | 21.1% 8 units | 22.2% 8 sold | 1.05 | ✓ BALANCED |
| 3BR | 5.3% 2 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
25 Jul 2026 Published 27 Jul 2026 | NAD AL SHIBA FIRST | 2BR | AED 2.47M | AED 1,988/sqft | Off-plan | Freehold | |
5 Jun 2026 Published 8 Jun 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.50M | AED 1,884/sqft | Off-plan | Freehold | |
5 Jun 2026 Published 8 Jun 2026 | NAD AL SHIBA FIRST | 2BR | AED 2.43M | AED 2,016/sqft | Off-plan | Freehold | |
1 Jun 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.68M | AED 1,969/sqft | Off-plan | Freehold | |
9 May 2026 Published 11 May 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.50M | AED 1,769/sqft | Off-plan | Freehold | |
8 May 2026 Published 11 May 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.54M | AED 1,669/sqft | Off-plan | Freehold | |
7 May 2026 Published 8 May 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.66M | AED 1,421/sqft | Off-plan | Freehold | |
7 May 2026 Published 8 May 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.60M | AED 1,394/sqft | Off-plan | Freehold | |
30 Apr 2026 | NAD AL SHIBA FIRST | NA | AED 1.65M | AED 3,583/sqft | Off-plan | Freehold | |
17 Apr 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.70M | AED 1,786/sqft | Off-plan | Freehold | |
16 Apr 2026 Published 17 Apr 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.69M | AED 1,976/sqft | Off-plan | Freehold | |
4 Apr 2026 Published 6 Apr 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.51M | AED 1,898/sqft | Off-plan | Freehold | |
4 Apr 2026 Published 6 Apr 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.53M | AED 1,909/sqft | Off-plan | Freehold | |
3 Apr 2026 Published 6 Apr 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.47M | AED 1,802/sqft | Off-plan | Freehold | |
28 Feb 2026 Published 2 Mar 2026 | NAD AL SHIBA FIRST | NA | AED 2.38M | AED 3,498/sqft | Off-plan | Freehold | |
24 Feb 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.61M | AED 1,718/sqft | Off-plan | Freehold | |
24 Feb 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.56M | AED 1,976/sqft | Off-plan | Freehold | |
24 Feb 2026 | NAD AL SHIBA FIRST | 2BR | AED 2.44M | AED 2,007/sqft | Off-plan | Freehold | |
24 Feb 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.56M | AED 1,976/sqft | Off-plan | Freehold | |
31 Jan 2026 Published 2 Feb 2026 | NAD AL SHIBA FIRST | 2BR | AED 2.58M | AED 1,966/sqft | Off-plan | Freehold | |
31 Jan 2026 Published 2 Feb 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.51M | AED 1,781/sqft | Off-plan | Freehold | |
24 Jan 2026 Published 26 Jan 2026 | NAD AL SHIBA FIRST | 2BR | AED 2.36M | AED 2,020/sqft | Off-plan | Freehold | |
17 Jan 2026 Published 19 Jan 2026 | NAD AL SHIBA FIRST | 2BR | AED 2.45M | AED 2,016/sqft | Off-plan | Freehold | |
14 Jan 2026 Published 15 Jan 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.47M | AED 1,799/sqft | Off-plan | Freehold | |
14 Jan 2026 Published 15 Jan 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.56M | AED 2,032/sqft | Off-plan | Freehold | |
14 Jan 2026 Published 15 Jan 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.54M | AED 1,919/sqft | Off-plan | Freehold | |
14 Jan 2026 Published 15 Jan 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.58M | AED 1,918/sqft | Off-plan | Freehold | |
14 Jan 2026 Published 15 Jan 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.50M | AED 1,876/sqft | Off-plan | Freehold | |
10 Jan 2026 Published 12 Jan 2026 | NAD AL SHIBA FIRST | NA | AED 1.69M | AED 3,613/sqft | Off-plan | Freehold | |
6 Jan 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.57M | AED 2,041/sqft | Off-plan | Freehold |