BELLEVUE TOWERS

Resale
Started
9 years 2 months ago31-10-2016
Handover
5 years 5 months ago30-07-2020
Status
CompleteFinished
Project Description

PROJECT CONSISTS OF TWO TOWERS WITH A COMMON PODIUM THE BUILDING CONFIGRATION IS B+G+2P+22/23 STOREY. BOTH TOWERS HAS MIXED APARTMENT TYPE OF 1BR, 2BR,3BR AND PENTHOUSE

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Rising
+3%
Growth
Current:AED 2,308/sqft
Last 12M:AED 2,248/sqft
Momentum: Last 12Mvs Prior Year
Rising
+9%
Growth
Last 12M:AED 2,248/sqft
Prior Year:AED 2,067/sqft
Community Compare: Last 90DDownTown Dubai
Discount
-19%
Below Avg
Project:AED 2,301/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Moderate
11%Turnover
40Sold (Last 12M)

Supply & Demand Matrix

BELLEVUE TOWERS averaged 11% liquidity over the last 12 months, which is considered moderate. 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
223 units
12%
Velocity
2 Bedrooms
106 units
7%
Velocity
3 Bedrooms
31 units
19%
Velocity
Shop
5 units
0%
Velocity

Layouts & Units (365)

Asset Class
1 Bed FlatFloors 1-22
Inventory
223units
23 layouts · Typically 1 parking
5-108 sqm balcony
Size Range
403-1,959sqft
Price Range
AED 83K - AED 2.5M
Avg PSF
1,695
Sales
95
Trend
Asset Class
2 Bed FlatFloors 1-21
Inventory
106units
14 layouts · Typically 1 parking
4-107 sqm balcony
Size Range
644-2,124sqft
Price Range
AED 1.7M - AED 3.3M
Avg PSF
1,793
Sales
38
Trend
Asset Class
3 Bed FlatFloors 1-23
Inventory
31units
13 layouts · Typically 2.1 parking
8-221 sqm balcony
Size Range
515-4,007sqft
Price Range
AED 3.2M - AED 8.7M
Avg PSF
1,796
Sales
17
Trend
Asset Class
ShopPodium
Inventory
5units
5 layouts · Typically 2 parking
Size Range
988-2,284sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 4 asset classes covering 365 units