PG ONE AT AL FURJAN
HandoverDeveloperPG PROPERTIES DEVELOPMENT DMCC
CommunityAl Furjan
AreaJabal Ali First
Started
2 years 3 months ago10-10-2023
Status
71% BuiltIn Progress
Project Description
Residential Building (2B+G+2P+14) with Retail @GR+Swimming Pool with Gym@Podium Level.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-26%
DeclineCurrent:AED 1,361/sqft
Last 12M:AED 1,846/sqft
Momentum: Last 12Mvs Prior Year
Rising+25%
GrowthLast 12M:AED 1,846/sqft
Prior Year:AED 1,479/sqft
Community Compare: Last 90DAl Furjan
Premium+4%
Above AvgProject:AED 1,361/sqft
Community:AED 1,305/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
12Sold (Last 12M)
Supply & Demand Matrix
PG ONE AT AL FURJAN averaged 10% liquidity over the last 12 months, which is considered moderate. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
Studio
36 units
4 sold32 left
11%
Velocity
1 Bedroom
47 units
4 sold43 left
9%
Velocity
2 Bedrooms
26 units
1 sold25 left
4%
Velocity
3 Bedrooms
4 units
1 sold3 left
25%
Velocity
Shop
8 units
2 sold6 left
25%
Velocity
Layouts & Units (121)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-7 | Inventory 36units 4 layouts · Typically 1 parking ~7 sqm balcony | Size Range 192-394sqft | Price Range AED 310K - AED 700K | Avg PSF 1,567 | Sales 44 | Trend — | |
Asset Class 1 Bed FlatFloors 2-14 | Inventory 47units 6 layouts · Typically 1 parking 13-14 sqm balcony | Size Range 765-836sqft | Price Range AED 830K - AED 1.1M | Avg PSF 1,180 | Sales 52 | Trend — | |
Asset Class 2 Bed FlatFloors 2-14 | Inventory 26units 3 layouts · Typically 1 parking ~14 sqm balcony | Size Range 922-982sqft | Price Range AED 1.0M - AED 1.4M | Avg PSF 1,184 | Sales 28 | Trend — | |
Asset Class 3 Bed FlatFloor 1 | Inventory 4units 4 layouts · Typically 1 parking 33-112 sqm balcony | Size Range 2,209-2,889sqft | Price Range AED 2.2M - AED 3.1M | Avg PSF 1,053 | Sales 5 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 19,806-19,806sqft | Price Range AED 10.9M - AED 13.7M | Avg PSF 607 | Sales 4 | Trend — | |
Asset Class ShopPodium | Inventory 8units 8 layouts · Typically 1 parking | Size Range 242-957sqft | Price Range AED 786K - AED 3.3M | Avg PSF 3,355 | Sales 8 | Trend — |
Grouped into 6 asset classes covering 121 units