Azizi Shaista Residence
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityAl Furjan
AreaJabal Ali First
Started
9 years 5 months ago14-08-2016
Handover
4 years 10 months ago17-03-2021
Status
CompleteFinished
Project Description
Residential Building (B+G+2P+11+Duplex Floor) with Retails @ Ground Floor, With external and internal finishes
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+12%Growth
Current:AED 1,426/sqft
Last 12M:AED 1,276/sqft
Momentum: Last 12Mvs Prior Year
Rising+5%Growth
Last 12M:AED 1,276/sqft
Prior Year:AED 1,219/sqft
Community Compare: Last 90DAl Furjan
Premium+9%Above Avg
Project:AED 1,426/sqft
Community:AED 1,305/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
26Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,184/sqft
Range:AED 252 – AED 5K
Avg Unit:AED 59K/yr
Leasing Volume: L12MContracts Signed
Very Active204Total
New:144
Renew:60
Tenant RetentionRenewal Rate
Fair29%renewals
71% new tenants29% renewals
Gross YieldAnnual Return
High Yield83.0%Yield
Rent:AED 1,184/sqft
Price:AED 1,426/sqft
Supply & Demand Matrix
Azizi Shaista Residence averaged 9% 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
Studio
137 units
14 sold123 left
10%
Velocity
1 Bedroom
124 units
11 sold113 left
9%
Velocity
2 Bedrooms
23 units
0 sold23 left
0%
Velocity
Shop
13 units
1 sold12 left
8%
Velocity
Layouts & Units (297)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-12 | Inventory 137units 19 layouts · Typically 1 parking 4-10 sqm balcony | Size Range 203-473sqft | Price Range AED 305K - AED 590K | Avg PSF 1,169 | Sales 37 | Trend — | |
Asset Class 1 Bed FlatFloors 1-12 | Inventory 124units 31 layouts · Typically 1 parking 4-56 sqm balcony | Size Range 18-1,511sqft | Price Range AED 14K - AED 1.1M | Avg PSF 895 | Sales 40 | Trend — | |
Asset Class 2 Bed FlatFloors 1-12 | Inventory 23units 16 layouts · Typically 2 parking 13-142 sqm balcony | Size Range 1,214-3,264sqft | Price Range AED 834K - AED 1.7M | Avg PSF 755 | Sales 8 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 42,510-42,510sqft | Price Range AED 23.5M - AED 23.5M | Avg PSF 526 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 384-399sqft | Price Range — | Avg PSF 48,256 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 13units 13 layouts · Typically 1.5 parking | Size Range 182-2,235sqft | Price Range AED 499K - AED 1.3M | Avg PSF 2,036 | Sales 3 | Trend — |
Grouped into 6 asset classes covering 297 units