NO.23A and 23B CITYWALK RESIDENTIAL
ResaleDeveloperCITYWALK RESIDENTIAL 1 L.L.C
CommunityCity Walk
AreaAl Wasl
Started
11 years 8 months ago01-05-2014
Handover
8 years 6 months ago17-07-2017
Status
CompleteFinished
Project Description
PROPOSED 2 BUILDINGS B+G+5 FLOORS, RETAIL/RESIDENTIAL AT Al Wasl, DUBAI. BUILDING CONSIST OF CONCRETE STRUCTURE WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Rent Pricing: L12MPer Sqft / Year
AED 1,168/sqft
Range:AED 733 – AED 2K
Avg Unit:AED 206K/yr
Leasing Volume: L12MContracts Signed
Very Active62Total
New:22
Renew:40
Tenant RetentionRenewal Rate
Excellent65%renewals
35% new tenants65% renewals
Avg Annual RentPer Unit
AED 206K/year
Based on 62 contracts
Supply & Demand Matrix
NO.23A and 23B CITYWALK RESIDENTIAL averaged 0% 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
14 units
0 sold14 left
0%
Velocity
2 Bedrooms
21 units
0 sold21 left
0%
Velocity
3 Bedrooms
22 units
0 sold22 left
0%
Velocity
4 Bedrooms
2 units
0 sold2 left
0%
Velocity
Shop
9 units
0 sold9 left
0%
Velocity
Layouts & Units (68)
| Property Type | Contracts (L12M) | Size Range | Rent Range (PSF) | Avg Rent/Sqft | Avg Annual | |
|---|---|---|---|---|---|---|
Property Type 1bed room+Hallapartment | Contracts 92 | Size Range 92-122sqft | Rent Range 755-1,634 | Avg Rent/Sqft 1,158AED | Avg Annual AED 124K | |
Property Type 2 bed rooms+hallapartment | Contracts 152 | Size Range 156-199sqft | Rent Range 706-1,429 | Avg Rent/Sqft 1,018AED | Avg Annual AED 174K | |
Property Type 3 bed rooms+hallapartment | Contracts 155 | Size Range 203-304sqft | Rent Range 343-1,707 | Avg Rent/Sqft 960AED | Avg Annual AED 213K | |
Property Type 4 bed rooms+hallapartment | Contracts 17 | Size Range 340-340sqft | Rent Range 882-1,119 | Avg Rent/Sqft 978AED | Avg Annual AED 333K | |
Property Type Shopretail | Contracts 22 | Size Range 96-254sqft | Rent Range 583-2,889 | Avg Rent/Sqft 1,741AED | Avg Annual AED 226K |
438 rental contracts grouped into 5 property types