Welcome Residency

Resale
CommunityArjan
Started
4 years 2 months ago30-10-2021
Handover
1 year 6 months ago30-06-2024
Status
CompleteFinished
Project Description

G+7F+R, Residential building

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Falling
-9%
Decline
Current:AED 1,201/sqft
Last 12M:AED 1,315/sqft
Momentum: Last 12Mvs Prior Year
Rising
+17%
Growth
Last 12M:AED 1,315/sqft
Prior Year:AED 1,124/sqft
Community Compare: Last 90DArjan
Discount
-29%
Below Avg
Project:AED 1,332/sqft
Community:AED 1,881/sqft
Liquidity: Last 12MExit Speed
Low
2%Turnover
2Sold (Last 12M)

Supply & Demand Matrix

Welcome Residency averaged 2% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type
Absorption (L12M)
Velocity
1 Bedroom
2 units
0%
Velocity
2 Bedrooms
78 units
3%
Velocity
3 Bedrooms
14 units
0%
Velocity

Layouts & Units (94)

Asset Class
1 Bed FlatFloor 7
Inventory
2units
2 layouts · Typically 1 parking
~56 sqm balcony
Size Range
1,594-1,598sqft
Price Range
Avg PSF
861
Sales
0
Trend
Asset Class
2 Bed FlatFloors 1-7
Inventory
78units
22 layouts · Typically 1 parking
12-37 sqm balcony
Size Range
673-1,544sqft
Price Range
AED 1.3M - AED 1.9M
Avg PSF
1,011
Sales
11
Trend
Asset Class
3 Bed FlatFloors 1-7
Inventory
14units
4 layouts · Typically 2 parking
~24 sqm balcony
Size Range
1,677-1,711sqft
Price Range
AED 2.0M - AED 2.0M
Avg PSF
1,091
Sales
2
Trend
Asset Class
Land
Inventory
0units
Size Range
56,148-56,148sqft
Price Range
AED 10.5M - AED 14.7M
Avg PSF
225
Sales
2
Trend

Grouped into 4 asset classes covering 94 units