ELZ Residence
ResaleDeveloperDANUBE PROPERTIES DEVELOPMENT L.L.C
CommunityArjan
Started
7 years ago01-01-2019
Handover
3 years 8 months ago23-05-2022
Status
CompleteFinished
Project Description
Basement + Ground + 8 floors + R Residential and Commercial Building: Apartments+Retail
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Stable-1%Decline
Current:AED 1,267/sqft
Last 12M:AED 1,286/sqft
Momentum: Last 12Mvs Prior Year
Rising+11%Growth
Last 12M:AED 1,286/sqft
Prior Year:AED 1,156/sqft
Community Compare: Last 90DArjan
Discount-33%Below Avg
Project:AED 1,267/sqft
Community:AED 1,881/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
28Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,210/sqft
Range:AED 714 – AED 3K
Avg Unit:AED 50K/yr
Leasing Volume: L12MContracts Signed
Very Active193Total
New:104
Renew:89
Tenant RetentionRenewal Rate
Good46%renewals
54% new tenants46% renewals
Gross YieldAnnual Return
High Yield95.5%Yield
Rent:AED 1,210/sqft
Price:AED 1,267/sqft
Supply & Demand Matrix
ELZ 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
214 units
21 sold193 left
10%
Velocity
1 Bedroom
48 units
7 sold41 left
15%
Velocity
2 Bedrooms
8 units
0 sold8 left
0%
Velocity
Shop
5 units
0 sold5 left
0%
Velocity
Layouts & Units (275)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-8 | Inventory 214units 24 layouts · Typically 1 parking 3-8 sqm balcony | Size Range 390-432sqft | Price Range AED 250K - AED 575K | Avg PSF 1,044 | Sales 63 | Trend — | |
Asset Class 1 Bed FlatFloors 1-8 | Inventory 48units 15 layouts · Typically 1 parking ~4 sqm balcony | Size Range 343-693sqft | Price Range AED 570K - AED 855K | Avg PSF 958 | Sales 13 | Trend — | |
Asset Class 2 Bed FlatFloors 1-8 | Inventory 8units 4 layouts · Typically 1 parking 13-14 sqm balcony | Size Range 1,148-1,151sqft | Price Range AED 1.0M - AED 1.2M | Avg PSF 836 | Sales 4 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 57,136-57,136sqft | Price Range AED 1.2M - AED 15.7M | Avg PSF 179 | Sales 3 | Trend — | |
Asset Class ShopPodium | Inventory 5units 5 layouts · Typically 1 parking | Size Range 549-1,043sqft | Price Range — | Avg PSF 1,082 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 275 units