Burj Royale
ResaleDeveloperOLD TOWN VIEWS L.L.C
CommunityDownTown Dubai
AreaBurj Khalifa
Started
6 years 11 months ago07-02-2019
Handover
3 years 2 months ago31-10-2022
Status
CompleteFinished
Project Description
G + 4P + 53 Residential Tower 602 Residential Units
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-4%
DeclineCurrent:AED 3,477/sqft
Last 12M:AED 3,632/sqft
Momentum: Last 12Mvs Prior Year
Rising+4%
GrowthLast 12M:AED 3,632/sqft
Prior Year:AED 3,484/sqft
Community Compare: Last 90DDownTown Dubai
Premium+22%
Above AvgProject:AED 3,453/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
44Sold (Last 12M)
Supply & Demand Matrix
Burj Royale averaged 7% 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
237 units
18 sold219 left
8%
Velocity
2 Bedrooms
304 units
22 sold282 left
7%
Velocity
3 Bedrooms
61 units
4 sold57 left
7%
Velocity
Layouts & Units (602)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-52 | Inventory 237units 28 layouts · Typically 1 parking 3-18 sqm balcony | Size Range 303-794sqft | Price Range AED 528K - AED 2.3M | Avg PSF 2,065 | Sales 67 | Trend — | |
Asset Class 2 Bed FlatFloors 1-52 | Inventory 304units 55 layouts · Typically 1 parking 4-20 sqm balcony | Size Range 499-1,986sqft | Price Range AED 1.5M - AED 5.8M | Avg PSF 2,335 | Sales 99 | Trend — | |
Asset Class 3 Bed FlatFloors 1-52 | Inventory 61units 8 layouts · Typically 2 parking 8-38 sqm balcony | Size Range 646-1,711sqft | Price Range AED 1.4M - AED 6.4M | Avg PSF 2,751 | Sales 13 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 39,532-64,542sqft | Price Range AED 42.7M - AED 46.5M | Avg PSF 959 | Sales 2 | Trend — |
Grouped into 4 asset classes covering 602 units