SIRAJ TOWER
MatureDeveloperAL MADAR INVESTMENT (L.L.C)
CommunityArjan
Started
17 years 3 months ago14-10-2008
Handover
9 years 10 months ago17-03-2016
Status
CompleteFinished
Project Description
Freehold residential tower located in Dubai Land - Arjan. The building consists of 2B+G+30+R. The building will be formed in a concrete structure with its external and internal finishes.
Performance Alpha
Sales Performance
Market Sales: Last 90Dvs Last 12M Baseline
Stable+1%Growth
Current:AED 1,161/sqft
Last 12M:AED 1,145/sqft
Momentum: Last 12Mvs Prior Year
Rising+9%Growth
Last 12M:AED 1,145/sqft
Prior Year:AED 1,053/sqft
Community Compare: Last 90DArjan
Discount-38%Below Avg
Project:AED 1,161/sqft
Community:AED 1,881/sqft
Liquidity: Last 12MExit Speed
High29%Turnover
110Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,025/sqft
Range:AED 637 – AED 1K
Avg Unit:AED 57K/yr
Leasing Volume: L12MContracts Signed
Active167Total
New:116
Renew:51
Tenant RetentionRenewal Rate
Fair31%renewals
69% new tenants31% renewals
Gross YieldAnnual Return
High Yield88.3%Yield
Rent:AED 1,025/sqft
Price:AED 1,161/sqft
Supply & Demand Matrix
SIRAJ TOWER averaged 29% 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
171 units
45 sold126 left
26%
Velocity
1 Bedroom
116 units
39 sold77 left
34%
Velocity
2 Bedrooms
58 units
18 sold40 left
31%
Velocity
3 Bedrooms
29 units
8 sold21 left
28%
Velocity
Layouts & Units (374)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-30 | Inventory 171units 4 layouts · Typically 1 parking 4-8 sqm balcony | Size Range 140-831sqft | Price Range AED 270K - AED 857K | Avg PSF 1,111 | Sales 117 | Trend — | |
Asset Class 1 Bed FlatFloors 1-30 | Inventory 116units 7 layouts · Typically 1 parking 4-9 sqm balcony | Size Range 283-860sqft | Price Range AED 400K - AED 960K | Avg PSF 916 | Sales 73 | Trend — | |
Asset Class 2 Bed FlatFloors 1-30 | Inventory 58units 6 layouts · Typically 1 parking ~22 sqm balcony | Size Range 448-1,416sqft | Price Range AED 1.0M - AED 1.5M | Avg PSF 854 | Sales 42 | Trend — | |
Asset Class 3 Bed FlatFloors 1-30 | Inventory 29units 4 layouts · Typically 1.1 parking ~17 sqm balcony | Size Range 606-2,015sqft | Price Range AED 1.4M - AED 2.2M | Avg PSF 824 | Sales 22 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 58,156-58,156sqft | Price Range — | Avg PSF 1,076 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 415-415sqft | Price Range — | Avg PSF 184,383 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 374 units