GLAMZ RESIDENCE
ResaleDeveloperDANUBE PROPERTIES DEVELOPMENT L.L.C
CommunityAl Furjan
AreaJabal Ali First
Started
9 years 5 months ago01-08-2016
Handover
5 years 3 months ago22-10-2020
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF common B+G+2P X 2 BUILDINGS (15 FLOOR EACH RESIDENTIAL) RESIDENTIAL & COMMERCIAL BUILDING LOCATED IN JABAL ALI FIRST. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable+1%
GrowthCurrent:AED 1,322/sqft
Last 12M:AED 1,309/sqft
Momentum: Last 12Mvs Prior Year
Rising+8%
GrowthLast 12M:AED 1,309/sqft
Prior Year:AED 1,210/sqft
Community Compare: Last 90DAl Furjan
At Market+1%
Above AvgProject:AED 1,320/sqft
Community:AED 1,305/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
41Sold (Last 12M)
Supply & Demand Matrix
GLAMZ RESIDENCE averaged 10% 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
Studio
268 units
30 sold238 left
11%
Velocity
1 Bedroom
120 units
10 sold110 left
8%
Velocity
2 Bedrooms
30 units
1 sold29 left
3%
Velocity
Shop
8 units
0 sold8 left
0%
Velocity
Layouts & Units (426)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-15 | Inventory 268units 18 layouts · Typically 1 parking 3-13 sqm balcony | Size Range 196-502sqft | Price Range AED 300K - AED 620K | Avg PSF 1,141 | Sales 113 | Trend — | |
Asset Class 1 Bed FlatFloors 1-15 | Inventory 120units 16 layouts · Typically 1 parking ~7 sqm balcony | Size Range 77-770sqft | Price Range AED 83K - AED 950K | Avg PSF 998 | Sales 43 | Trend — | |
Asset Class 2 Bed FlatFloors 1-15 | Inventory 30units 4 layouts · Typically 1 parking 14-41 sqm balcony | Size Range 1,027-1,512sqft | Price Range AED 840K - AED 1.3M | Avg PSF 890 | Sales 10 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 19,807-19,807sqft | Price Range AED 10.1M - AED 10.1M | Avg PSF 523 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 8units 5 layouts · Typically 1 parking | Size Range 389-672sqft | Price Range — | Avg PSF 1,150 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 426 units