Floarea Residence
ResaleCommunityArjan
Started
2 years 10 months ago24-03-2023
Handover
9 months ago01-04-2025
Status
CompleteFinished
Project Description
Residential-Apartment (1B+G+9F+R).The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+6%
GrowthCurrent:AED 1,602/sqft
Last 12M:AED 1,513/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DArjan
Discount-15%
Below AvgProject:AED 1,605/sqft
Community:AED 1,881/sqft
Liquidity: Last 12MExit Speed
High21%Turnover
43Sold (Last 12M)
Supply & Demand Matrix
Floarea Residence averaged 21% liquidity over the last 12 months, which is considered high. 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
91 units
19 sold72 left
21%
Velocity
1 Bedroom
97 units
20 sold77 left
21%
Velocity
2 Bedrooms
18 units
4 sold14 left
22%
Velocity
Layouts & Units (206)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-9 | Inventory 91units 16 layouts · Typically 1 parking 4-11 sqm balcony | Size Range 397-484sqft | Price Range AED 600K - AED 750K | Avg PSF 1,410 | Sales 19 | Trend — | |
Asset Class 1 Bed FlatFloors 1-9 | Inventory 97units 34 layouts · Typically 1 parking 9-51 sqm balcony | Size Range 708-1,274sqft | Price Range AED 1.0M - AED 1.3M | Avg PSF 1,066 | Sales 20 | Trend — | |
Asset Class 2 Bed FlatFloors 1-9 | Inventory 18units 10 layouts · Typically 1 parking 17-57 sqm balcony | Size Range 1,169-1,722sqft | Price Range AED 1.8M - AED 2.1M | Avg PSF 966 | Sales 4 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 47,511-47,511sqft | Price Range AED 7.1M - AED 16.0M | Avg PSF 257 | Sales 3 | Trend — |
Grouped into 4 asset classes covering 206 units