by GRENORBIT REAL ESTATE DEVELOPMENT L.L.C·AL SATWAResidentialFreeholdOff-plan Heavy
Development & Handover Profile
🏗️ Under ConstructionConstruction Progress9.6%
Project Start
Jun 1, 2024
Expected Handover
N/A
Official Status
ACTIVE
Total Units
56
Avg Unit Size
783 sqft
Freehold Ratio
100%
Escrow Agent
First Abu Dhabi Bank
Median Price
AED 1.44M
PSF
AED 2,075/sqft
Sales 12M
4
vs Area
+3.0%
Asset Turnover
ⓘ
7.1%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
56
Avg Unit Size
783 sqft
1BR
71.4%Studio
28.6%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 1BR | 40 | 71.4% |
| Studio | 16 | 28.6% |
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 |
|---|---|---|---|---|
| 1BR | 71.4% 40 units | 100.0% 5 sold | 1.40 | 🔥 HIGH DEMAND |
| Studio | 28.6% 16 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 |
|---|---|---|---|---|---|---|---|
6 Apr 2026 Published 7 Apr 2026 | AL SATWA | 1BR | AED 2.10M | AED 2,765/sqft | Off-plan | Freehold | |
9 Oct 2025 | AL SATWA | 1BR | AED 1.58M | AED 2,075/sqft | Off-plan | Freehold | |
6 Oct 2025 | AL SATWA | 1BR | AED 1.57M | AED 2,075/sqft | Off-plan | Freehold | |
6 Oct 2025 | AL SATWA | 1BR | AED 1.58M | AED 2,075/sqft | Off-plan | Freehold | |
9 Sep 2025 | AL SATWA | 1BR | AED 1.67M | AED 690/sqft | Off-plan | Freehold | |
19 Aug 2025 | AL SATWA | 1BR | AED 1.57M | AED 2,075/sqft | Off-plan | Freehold | |
8 Aug 2025 | AL SATWA | Studio | AED 879K | AED 1,260/sqft | Off-plan | Freehold | |
31 Jul 2025 | AL SATWA | Studio | AED 882K | AED 1,262/sqft | Off-plan | Freehold | |
16 May 2025 | AL SATWA | Studio | AED 750K | AED 1,877/sqft | Off-plan | Freehold | |
12 May 2025 | AL SATWA | Studio | AED 939K | AED 2,341/sqft | Off-plan | Freehold | |
8 May 2025 | AL SATWA | 1BR | AED 1.71M | AED 2,250/sqft | Off-plan | Freehold | |
1 May 2025 | AL SATWA | Studio | AED 972K | AED 2,423/sqft | Off-plan | Freehold | |
18 Apr 2025 | AL SATWA | Studio | AED 731K | AED 1,830/sqft | Off-plan | Freehold | |
18 Mar 2025 | AL SATWA | 1BR | AED 1.33M | AED 1,874/sqft | Off-plan | Freehold | |
7 Mar 2025 | AL SATWA | Studio | AED 921K | AED 2,296/sqft | Off-plan | Freehold | |
17 Feb 2025 | AL SATWA | 1BR | AED 2.00M | AED 2,642/sqft | Off-plan | Freehold | |
23 Dec 2024 | AL SATWA | Studio | AED 740K | AED 1,852/sqft | Off-plan | Freehold | |
16 Dec 2024 | AL SATWA | 1BR | AED 1.55M | AED 2,176/sqft | Off-plan | Freehold | |
6 Feb 2017 | AL SATWA | AED 15.54M | AED 1,250/sqft | Ready | Freehold |