Verve City Walk

Off-Plan

DeveloperCITYWALK RESIDENTIAL 1 L.L.C

CommunityCity Walk

AreaAl Wasl

Started

1 year 2 months ago15-11-2024

Handover

In 2 years 7 months15-09-2028

Status

4% BuiltIn Progress

Project Description

2 Residential buildings as follows : - Verve City Walk Tower A -2B + G + 36 floors and - Verve City Walk Tower B ?2B + G + 28 floors) with Retail on Ground floor and 427 Residential Units at Typical floors (Verve City Walk Tower A: 205 Units and Verve City Walk Tower B: 222 Units = 427 Units)

Performance Alpha

Developer Sales: Last 90Dvs Last 12M Baseline

Falling

-10%

Decline

Current:AED 2,887/sqft

Last 12M:AED 3,192/sqft

Momentum: Last 12Mvs Prior Year

Rising

+6%

Growth

Last 12M:AED 3,192/sqft

Prior Year:AED 3,015/sqft

Community Compare: Last 90DCity Walk

Premium

+9%

Above Avg

Project:AED 2,887/sqft

Community:AED 2,651/sqft

Layouts & Units (440)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class 1 Bed FlatFloors 3-28	Inventory 189units 14 layouts · Typically 1 parking 5-7 sqm balcony	Size Range 394-850sqft	Price Range AED 544K - AED 3.3M	Avg PSF 3,057	Sales 193	Trend —

Asset Class 2 Bed FlatFloors 3-34	Inventory 183units 21 layouts · Typically 1 parking 5-13 sqm balcony	Size Range 1,172-1,516sqft	Price Range AED 2.9M - AED 4.9M	Avg PSF 2,900	Sales 190	Trend —

Asset Class 3 Bed FlatFloors 9-35	Inventory 53units 28 layouts · Typically 1 parking 11-155 sqm balcony	Size Range 1,677-4,172sqft	Price Range AED 5.5M - AED 11.8M	Avg PSF 3,258	Sales 54	Trend —

Asset Class 4 Bed FlatFloors 8-33	Inventory 10units 10 layouts · Typically 1 parking 73-107 sqm balcony	Size Range 3,769-4,032sqft	Price Range AED 12.2M - AED 14.0M	Avg PSF 3,434	Sales 10	Trend —

Asset Class 5 Bed FlatFloor 35	Inventory 1units Typically 1 parking ~187 sqm balcony	Size Range 9,227-9,227sqft	Price Range AED 29.5M - AED 30.7M	Avg PSF 3,263	Sales 2	Trend —

Asset Class ShopPodium	Inventory 4units 4 layouts · Typically 1 parking	Size Range 1,583-4,406sqft	Price Range —	Avg PSF —	Sales 0	Trend —

Grouped into 6 asset classes covering 440 units