by GULF LAND PROPERTY DEVELOPERS L.L.C·NAD AL SHIBA FIRSTResidentialFreeholdOff-plan Heavy
Development & Handover Profile
⚠️ Past Expected DateConstruction Progress50.1%
Project Start
Oct 1, 2017
Expected Handover
Dec 31, 2021
Official Status
ACTIVE
Total Units
553
Avg Unit Size
1378 sqft
Freehold Ratio
100%
Escrow Agent
Sharjah Islamic Bank
Median Price
AED 2.52M
PSF
AED 2,500/sqft
Sales 12M
34
vs Area
+34.6%
Asset Turnover
ⓘ
6.2%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
553
Avg Unit Size
1378 sqft
4BR+
1.6%1BR
53.5%2BR
25.5%3BR
17.2%NA
2.2%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 1BR | 296 | 53.5% |
| 2BR | 141 | 25.5% |
| 3BR | 95 | 17.2% |
| NA | 12 | 2.2% |
| 4BR+ | 9 | 1.6% |
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 |
|---|---|---|---|---|
| 1BR | 54.7% 296 units | 54.9% 78 sold | 1.00 | ✓ BALANCED |
| 2BR | 26.1% 141 units | 30.3% 43 sold | 1.16 | ✓ BALANCED |
| 3BR | 17.6% 95 units | 13.4% 19 sold | 0.76 | ⚠️ LOW DEMAND |
| 4BR+ | 1.7% 9 units | 1.4% 2 sold | 0.82 | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
12 Oct 2026 | BUSINESS PARK | 1BR | AED 2.38M | AED 2,589/sqft | Off-plan | Freehold | |
2 Oct 2026 Published 5 Oct 2026 | BUSINESS PARK | 1BR | AED 2.51M | AED 2,500/sqft | Off-plan | Freehold | |
28 Sep 2026 Published 29 Sep 2026 | BUSINESS PARK | 1BR | AED 2.33M | AED 2,500/sqft | Off-plan | Freehold | |
21 Sep 2026 | BUSINESS PARK | 2BR | AED 4.99M | AED 3,050/sqft | Off-plan | Freehold | |
16 Sep 2026 | BUSINESS PARK | 1BR | AED 2.65M | AED 2,700/sqft | Off-plan | Freehold | |
14 Sep 2026 Published 15 Sep 2026 | BUSINESS PARK | 2BR | AED 3.09M | AED 2,570/sqft | Off-plan | Freehold | |
4 Sep 2026 | BUSINESS PARK | 1BR | AED 2.25M | AED 2,500/sqft | Off-plan | Freehold | |
4 Sep 2026 | BUSINESS PARK | 1BR | AED 2.46M | AED 2,500/sqft | Off-plan | Freehold | |
3 Sep 2026 | BUSINESS PARK | 2BR | AED 3.84M | AED 2,500/sqft | Off-plan | Freehold | |
3 Sep 2026 | BUSINESS PARK | 1BR | AED 2.51M | AED 2,500/sqft | Off-plan | Freehold | |
1 Sep 2026 | BUSINESS PARK | 1BR | AED 2.51M | AED 2,500/sqft | Off-plan | Freehold | |
10 Aug 2026 Published 11 Aug 2026 | BUSINESS PARK | 1BR | AED 2.52M | AED 2,700/sqft | Off-plan | Freehold | |
6 Aug 2026 | BUSINESS PARK | 2BR | AED 3.84M | AED 2,500/sqft | Off-plan | Freehold | |
30 Jul 2026 | BUSINESS PARK | 2BR | AED 3.42M | AED 2,302/sqft | Off-plan | Freehold | |
16 Jul 2026 | BUSINESS PARK | 2BR | AED 3.38M | AED 2,500/sqft | Off-plan | Freehold | |
7 Jul 2026 | BUSINESS PARK | 2BR | AED 3.79M | AED 2,561/sqft | Off-plan | Freehold | |
7 Jul 2026 Published 8 Jul 2026 | BUSINESS PARK | 1BR | AED 2.28M | AED 2,475/sqft | Off-plan | Freehold | |
7 Jul 2026 Published 8 Jul 2026 | BUSINESS PARK | 1BR | AED 2.31M | AED 2,475/sqft | Off-plan | Freehold | |
1 Jul 2026 | BUSINESS PARK | 1BR | AED 2.34M | AED 2,725/sqft | Off-plan | Freehold | |
30 Jun 2026 Published 1 Jul 2026 | BUSINESS PARK | 1BR | AED 2.46M | AED 2,700/sqft | Off-plan | Freehold | |
24 Jun 2026 | BUSINESS PARK | 2BR | AED 5.66M | AED 2,543/sqft | Off-plan | Freehold | |
16 Jun 2026 Published 17 Jun 2026 | BUSINESS PARK | 1BR | AED 2.30M | AED 2,500/sqft | Off-plan | Freehold | |
11 Jun 2026 | BUSINESS PARK | 2BR | AED 3.51M | AED 2,593/sqft | Off-plan | Freehold | |
8 Jun 2026 | BUSINESS PARK | 3BR | AED 5.66M | AED 2,700/sqft | Off-plan | Freehold | |
1 Jun 2026 | BUSINESS PARK | 2BR | AED 4.45M | AED 2,720/sqft | Off-plan | Freehold | |
29 Apr 2026 | BUSINESS PARK | 1BR | AED 2.52M | AED 2,500/sqft | Off-plan | Freehold | |
17 Apr 2026 | BUSINESS PARK | 1BR | AED 2.32M | AED 2,487/sqft | Off-plan | Freehold | |
10 Apr 2026 Published 13 Apr 2026 | BUSINESS PARK | 1BR | AED 2.31M | AED 2,475/sqft | Off-plan | Freehold | |
9 Apr 2026 | BUSINESS PARK | 1BR | AED 2.52M | AED 2,500/sqft | Off-plan | Freehold | |
9 Apr 2026 | BUSINESS PARK | 1BR | AED 2.50M | AED 2,500/sqft | Off-plan | Freehold |