Montrell Hotel Aprtments
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityAl Furjan
AreaJabal Ali First
Started
9 years 8 months ago15-05-2016
Handover
7 years 10 months ago21-03-2018
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF G+2P+7+R HOTEL APARTMENTS 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
Rising+7%
GrowthCurrent:AED 1,239/sqft
Last 12M:AED 1,163/sqft
Momentum: Last 12Mvs Prior Year
Rising+26%
GrowthLast 12M:AED 1,163/sqft
Prior Year:AED 923/sqft
Community Compare: Last 90DAl Furjan
Discount-5%
Below AvgProject:AED 1,239/sqft
Community:AED 1,305/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
27Sold (Last 12M)
Supply & Demand Matrix
Montrell Hotel Aprtments averaged 12% 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
168 units
20 sold148 left
12%
Velocity
1 Bedroom
54 units
7 sold47 left
13%
Velocity
Shop
2 units
0 sold2 left
0%
Velocity
Layouts & Units (224)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Hotel ApartmentFloors 1-7 | Inventory 168units 37 layouts · Typically 1 parking 4-16 sqm balcony | Size Range 114-505sqft | Price Range AED 150K - AED 636K | Avg PSF 1,125 | Sales 71 | Trend — | |
Asset Class 1 Bed Hotel ApartmentFloors 1-7 | Inventory 54units 7 layouts · Typically 1 parking 7-17 sqm balcony | Size Range 384-849sqft | Price Range AED 540K - AED 1.4M | Avg PSF 851 | Sales 32 | Trend — | |
Asset Class ShopPodium | Inventory 2units 2 layouts · Typically 2.5 parking | Size Range 3,709-4,481sqft | Price Range — | Avg PSF 1,146 | Sales 0 | Trend — |
Grouped into 3 asset classes covering 224 units