AVENUE RESIDENCE 5

Handover

DeveloperNABNI REAL ESTATE DEVELOPMENT L.L.C

CommunityAl Furjan

AreaJabal Ali First

Started

2 years 6 months ago10-07-2023

Status

91% BuiltIn Progress

Project Description

G+1P+10+R,Residential.The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline

Stable

+2%

Growth

Current:AED 1,464/sqft

Last 12M:AED 1,439/sqft

Momentum: Last 12Mvs Prior Year

Rising

+21%

Growth

Last 12M:AED 1,439/sqft

Prior Year:AED 1,188/sqft

Community Compare: Last 90DAl Furjan

Premium

+12%

Above Avg

Project:AED 1,464/sqft

Community:AED 1,305/sqft

Liquidity: Last 12MExit Speed

High

31%Turnover

26Sold (Last 12M)

Supply & Demand Matrix

AVENUE RESIDENCE 5 averaged 31% liquidity over the last 12 months, which is considered high. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.

Type

Absorption (L12M)

Velocity

1 Bedroom

35 units

11 sold24 left

31%

Velocity

2 Bedrooms

41 units

14 sold27 left

34%

Velocity

3 Bedrooms

9 units

1 sold8 left

11%

Velocity

Layouts & Units (85)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class 1 Bed FlatFloors 1-10	Inventory 35units 13 layouts · Typically 1.1 parking 2-126 sqm balcony	Size Range 422-2,190sqft	Price Range AED 869K - AED 1.3M	Avg PSF 1,279	Sales 46	Trend —

Asset Class 2 Bed FlatFloors 1-10	Inventory 41units 21 layouts · Typically 1.2 parking 2-116 sqm balcony	Size Range 1,081-2,397sqft	Price Range AED 1.3M - AED 2.2M	Avg PSF 1,173	Sales 57	Trend —

Asset Class 3 Bed FlatFloors 2-10	Inventory 9units 3 layouts · Typically 2.1 parking ~8 sqm balcony	Size Range 2,170-2,187sqft	Price Range AED 2.4M - AED 2.7M	Avg PSF 1,169	Sales 10	Trend —

Asset Class Land	Inventory 0units	Size Range 34,191-34,191sqft	Price Range —	Avg PSF 292	Sales 0	Trend —

Grouped into 4 asset classes covering 85 units