NO.15 & NO.16 CITYWALK RESIDENTIAL
ResaleDeveloperCITYWALK RESIDENTIAL 1 L.L.C
CommunityCity Walk
AreaAl Wasl
Started
11 years 8 months ago01-05-2014
Handover
8 years 7 months ago29-05-2017
Status
CompleteFinished
Project Description
Project is several 2 buildings Commercial and Residential ,(Basement + Ground + 6 Floors + Roof)
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+22%Growth
Current:AED 2,720/sqft
Last 12M:AED 2,229/sqft
Momentum: Last 12Mvs Prior Year
Falling-3%Decline
Last 12M:AED 2,229/sqft
Prior Year:AED 2,309/sqft
Community Compare: Last 90DCity Walk
Premium+3%Above Avg
Project:AED 2,720/sqft
Community:AED 2,651/sqft
Liquidity: Last 12MExit Speed
Low2%Turnover
2Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,262/sqft
Range:AED 246 – AED 2K
Avg Unit:AED 223K/yr
Leasing Volume: L12MContracts Signed
Very Active65Total
New:27
Renew:38
Tenant RetentionRenewal Rate
Good58%renewals
42% new tenants58% renewals
Gross YieldAnnual Return
High Yield46.4%Yield
Rent:AED 1,262/sqft
Price:AED 2,720/sqft
Supply & Demand Matrix
NO.15 & NO.16 CITYWALK RESIDENTIAL 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
23 units
1 sold22 left
4%
Velocity
2 Bedrooms
49 units
0 sold49 left
0%
Velocity
3 Bedrooms
26 units
1 sold25 left
4%
Velocity
4 Bedrooms
3 units
0 sold3 left
0%
Velocity
Shop
12 units
0 sold12 left
0%
Velocity
Layouts & Units (113)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-6 | Inventory 23units 7 layouts · Typically 1 parking 14-55 sqm balcony | Size Range 581-1,608sqft | Price Range AED 2.0M - AED 3.2M | Avg PSF 1,766 | Sales 18 | Trend — | |
Asset Class 2 Bed FlatFloors 1-6 | Inventory 49units 25 layouts · Typically 1.4 parking 9-56 sqm balcony | Size Range 878-2,335sqft | Price Range AED 1.8M - AED 4.5M | Avg PSF 1,784 | Sales 22 | Trend — | |
Asset Class 3 Bed FlatFloors 1-6 | Inventory 26units 18 layouts · Typically 2 parking 9-115 sqm balcony | Size Range 1,287-3,763sqft | Price Range AED 3.9M - AED 8.5M | Avg PSF 1,771 | Sales 11 | Trend — | |
Asset Class 4 Bed FlatFloors 4-5 | Inventory 3units 3 layouts · Typically 2 parking 23-102 sqm balcony | Size Range 3,455-4,483sqft | Price Range — | Avg PSF 1,199 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,743-4,994sqft | Price Range — | Avg PSF 35,759 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 12units 12 layouts · Typically 2.7 parking | Size Range 707-5,133sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 6 asset classes covering 113 units