AVENUE RESIDENCE1
ResaleDeveloperNABNI REAL ESTATE DEVELOPMENT L.L.C
CommunityAl Furjan
AreaJabal Ali First
Started
14 years 2 months ago08-11-2011
Handover
11 years 4 months ago24-09-2014
Status
CompleteFinished
Project Description
Residential building (B+G+Podium+10+R+UR)
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable+2%
GrowthCurrent:AED 1,013/sqft
Last 12M:AED 998/sqft
Momentum: Last 12Mvs Prior Year
Rising+6%
GrowthLast 12M:AED 998/sqft
Prior Year:AED 940/sqft
Community Compare: Last 90DAl Furjan
Discount-22%
Below AvgProject:AED 1,013/sqft
Community:AED 1,305/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
11Sold (Last 12M)
Supply & Demand Matrix
AVENUE RESIDENCE1 averaged 11% liquidity over the last 12 months, which is considered moderate. 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
10 units
0 sold10 left
0%
Velocity
2 Bedrooms
69 units
10 sold59 left
14%
Velocity
3 Bedrooms
20 units
1 sold19 left
5%
Velocity
Layouts & Units (99)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-10 | Inventory 10units 2 layouts · Typically 1 parking 6-37 sqm balcony | Size Range 770-1,149sqft | Price Range AED 657K - AED 975K | Avg PSF 914 | Sales 17 | Trend — | |
Asset Class 2 Bed FlatFloors 1-10 | Inventory 69units 26 layouts · Typically 1.4 parking 6-166 sqm balcony | Size Range 1,025-3,187sqft | Price Range AED 500K - AED 1.6M | Avg PSF 787 | Sales 119 | Trend — | |
Asset Class 3 Bed FlatFloors 1-10 | Inventory 20units 8 layouts · Typically 2 parking 9-133 sqm balcony | Size Range 1,244-3,267sqft | Price Range AED 909K - AED 2.4M | Avg PSF 776 | Sales 34 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 36,500-36,500sqft | Price Range — | Avg PSF 647 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 99 units