Avenue Residence 2
ResaleDeveloperNABNI REAL ESTATE DEVELOPMENT L.L.C
CommunityAl Furjan
AreaJabal Ali First
Started
11 years 6 months ago01-07-2014
Handover
8 years 11 months ago14-02-2017
Status
CompleteFinished
Project Description
proposed G+P+10 Residential building on plot no. AFRAR-035 at Al Furjan area Dubai
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+3%
GrowthCurrent:AED 1,169/sqft
Last 12M:AED 1,133/sqft
Momentum: Last 12Mvs Prior Year
Rising+13%
GrowthLast 12M:AED 1,133/sqft
Prior Year:AED 999/sqft
Community Compare: Last 90DAl Furjan
Discount-10%
Below AvgProject:AED 1,170/sqft
Community:AED 1,305/sqft
Liquidity: Last 12MExit Speed
Low4%Turnover
4Sold (Last 12M)
Supply & Demand Matrix
Avenue Residence 2 averaged 4% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
22 units
2 sold20 left
9%
Velocity
2 Bedrooms
53 units
1 sold52 left
2%
Velocity
3 Bedrooms
20 units
1 sold19 left
5%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (96)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-10 | Inventory 22units 9 layouts · Typically 1 parking 6-30 sqm balcony | Size Range 723-1,165sqft | Price Range AED 650K - AED 1.1M | Avg PSF 898 | Sales 17 | Trend — | |
Asset Class 2 Bed FlatFloors 1-10 | Inventory 53units 21 layouts · Typically 1.2 parking 6-167 sqm balcony | Size Range 699-3,099sqft | Price Range AED 844K - AED 1.7M | Avg PSF 856 | Sales 36 | Trend — | |
Asset Class 3 Bed FlatFloors 1-10 | Inventory 20units 9 layouts · Typically 2 parking 12-154 sqm balcony | Size Range 1,869-3,480sqft | Price Range AED 1.4M - AED 2.3M | Avg PSF 748 | Sales 20 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 2 parking | Size Range 812-812sqft | Price Range AED 550K - AED 550K | Avg PSF 677 | Sales 1 | Trend — |
Grouped into 4 asset classes covering 96 units