Jewelz Residence
ResaleDeveloperDANUBE PROPERTIES DEVELOPMENT L.L.C
CommunityArjan
Started
7 years 9 months ago31-03-2018
Handover
2 years 2 months ago30-10-2023
Status
CompleteFinished
Project Description
Residential Building consist of B+G+2P+13 with internal and external finishes.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Falling-7%Decline
Current:AED 1,184/sqft
Last 12M:AED 1,272/sqft
Momentum: Last 12Mvs Prior Year
Stable+1%Growth
Last 12M:AED 1,272/sqft
Prior Year:AED 1,261/sqft
Community Compare: Last 90DArjan
Discount-36%Below Avg
Project:AED 1,206/sqft
Community:AED 1,881/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
52Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,151/sqft
Range:AED 115 – AED 2K
Avg Unit:AED 58K/yr
Leasing Volume: L12MContracts Signed
Very Active369Total
New:215
Renew:154
Tenant RetentionRenewal Rate
Good42%renewals
58% new tenants42% renewals
Gross YieldAnnual Return
High Yield97.2%Yield
Rent:AED 1,151/sqft
Price:AED 1,184/sqft
Supply & Demand Matrix
Jewelz Residence averaged 11% 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
311 units
37 sold274 left
12%
Velocity
1 Bedroom
104 units
11 sold93 left
11%
Velocity
2 Bedrooms
48 units
4 sold44 left
8%
Velocity
Layouts & Units (463)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-13 | Inventory 311units 57 layouts · Typically 1 parking 6-9 sqm balcony | Size Range 211-433sqft | Price Range AED 440K - AED 620K | Avg PSF 1,190 | Sales 85 | Trend — | |
Asset Class 1 Bed FlatFloors 1-13 | Inventory 104units 46 layouts · Typically 0.9 parking 15-17 sqm balcony | Size Range 420-897sqft | Price Range AED 495K - AED 970K | Avg PSF 1,022 | Sales 27 | Trend — | |
Asset Class 2 Bed FlatFloors 2-13 | Inventory 48units 22 layouts · Typically 1 parking 14-16 sqm balcony | Size Range 1,094-1,123sqft | Price Range AED 900K - AED 1.3M | Avg PSF 1,017 | Sales 6 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 41,541-41,541sqft | Price Range — | Avg PSF 350 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 463 units