by ELTON REAL ESTATE DEVELOPMENT L.L.C·NAD AL SHIBA FIRSTResidentialFreeholdOff-plan Heavy
Development & Handover Profile
⏳ Not StartedConstruction Progress0.0%
Project Start
Oct 15, 2025
Expected Handover
N/A
Official Status
NOT_STARTED
Total Units
46
Avg Unit Size
927 sqft
Freehold Ratio
100%
Escrow Agent
National Bank of Fujairah
Median Price
AED 1.65M
PSF
AED 2,007/sqft
Sales 12M
16
vs Area
-12.0%
Asset Turnover
ⓘ
34.8%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
46
Avg Unit Size
927 sqft
NA
6.5%1BR
52.2%2BR
41.3%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 1BR | 24 | 52.2% |
| 2BR | 19 | 41.3% |
| NA | 3 | 6.5% |
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 | 55.8% 24 units | 70.6% 12 sold | 1.27 | 🔥 HIGH DEMAND |
| 2BR | 44.2% 19 units | 29.4% 5 sold | 0.67 | ⚠️ LOW DEMAND |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
17 Sep 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.71M | AED 1,985/sqft | Off-plan | Freehold | |
7 Sep 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.64M | AED 1,967/sqft | Off-plan | Freehold | |
7 Sep 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.64M | AED 1,909/sqft | Off-plan | Freehold | |
7 Sep 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.34M | AED 2,025/sqft | Off-plan | Freehold | |
26 Aug 2026 Published 27 Aug 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.65M | AED 1,989/sqft | Off-plan | Freehold | |
26 Aug 2026 Published 27 Aug 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.36M | AED 2,098/sqft | Off-plan | Freehold | |
26 Aug 2026 Published 27 Aug 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.64M | AED 1,876/sqft | Off-plan | Freehold | |
20 May 2026 Published 21 May 2026 | NAD AL SHIBA FIRST | 2BR | AED 2.25M | AED 2,035/sqft | Off-plan | Freehold | |
14 May 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.49M | AED 2,241/sqft | Off-plan | Freehold | |
14 May 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.47M | AED 2,234/sqft | Off-plan | Freehold | |
22 Apr 2026 Published 23 Apr 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.44M | AED 2,271/sqft | Off-plan | Freehold | |
10 Feb 2026 Published 11 Feb 2026 | NAD AL SHIBA FIRST | 1BR | AED 1.68M | AED 1,922/sqft | Off-plan | Freehold | |
21 Jan 2026 | NAD AL SHIBA FIRST | 2BR | AED 2.28M | AED 1,975/sqft | Off-plan | Freehold | |
15 Jan 2026 | NAD AL SHIBA FIRST | 2BR | AED 2.01M | AED 1,975/sqft | Off-plan | Freehold | |
15 Jan 2026 | NAD AL SHIBA FIRST | 2BR | AED 2.37M | AED 2,189/sqft | Off-plan | Freehold | |
8 Jan 2026 Published 9 Jan 2026 | NAD AL SHIBA FIRST | 2BR | AED 2.55M | AED 2,106/sqft | Off-plan | Freehold | |
9 Dec 2025 | NAD AL SHIBA FIRST | 1BR | AED 1.45M | AED 2,287/sqft | Off-plan | Freehold | |
1 Sep 2025 | NAD AL SHIBA FIRST | 2BR | AED 2.27M | AED 2,009/sqft | Off-plan | Freehold |