THE ADDRESS DUBAI OPERA
ResaleDeveloperEMAAR DEVELOPMENT P.J.S.C.
CommunityDownTown Dubai
AreaBurj Khalifa
Started
8 years 9 months ago02-04-2017
Handover
2 years 9 months ago30-03-2023
Status
CompleteFinished
Project Description
مشروع شقق فندقية مكون من 6 سرداب + ارضي + 2 بوديوم + برجين بارتفاع 63 طابق و55 طابق فوق طوابق البوديوم
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable0%
GrowthCurrent:AED 4,162/sqft
Last 12M:AED 4,169/sqft
Momentum: Last 12Mvs Prior Year
Stable+1%
GrowthLast 12M:AED 4,169/sqft
Prior Year:AED 4,119/sqft
Community Compare: Last 90DDownTown Dubai
Premium+46%
Above AvgProject:AED 4,137/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
93Sold (Last 12M)
Supply & Demand Matrix
THE ADDRESS DUBAI OPERA 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
135 units
19 sold116 left
14%
Velocity
2 Bedrooms
462 units
47 sold415 left
10%
Velocity
3 Bedrooms
253 units
25 sold228 left
10%
Velocity
4 Bedrooms
4 units
1 sold3 left
25%
Velocity
5 Bedrooms
12 units
1 sold11 left
8%
Velocity
Shop
7 units
0 sold7 left
0%
Velocity
Layouts & Units (873)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 2-57 | Inventory 135units 23 layouts · Typically 1 parking 6-69 sqm balcony | Size Range 402-1,480sqft | Price Range AED 2.7M - AED 4.0M | Avg PSF 3,003 | Sales 42 | Trend — | |
Asset Class 2 Bed FlatFloors 2-57 | Inventory 462units 88 layouts · Typically 1 parking 6-167 sqm balcony | Size Range 245-3,020sqft | Price Range AED 619K - AED 8.0M | Avg PSF 2,975 | Sales 130 | Trend — | |
Asset Class 3 Bed FlatFloors 3-57 | Inventory 253units 30 layouts · Typically 2 parking 6-27 sqm balcony | Size Range 89-1,802sqft | Price Range AED 350K - AED 12.0M | Avg PSF 3,774 | Sales 74 | Trend — | |
Asset Class 4 Bed FlatFloors 53-62 | Inventory 4units 4 layouts · Typically 2 parking 69-78 sqm balcony | Size Range 6,343-6,973sqft | Price Range AED 37.5M - AED 47.0M | Avg PSF 4,516 | Sales 2 | Trend — | |
Asset Class 5 Bed FlatFloors 45-60 | Inventory 12units 12 layouts · Typically 2 parking 40-79 sqm balcony | Size Range 5,150-10,629sqft | Price Range AED 33.1M - AED 33.1M | Avg PSF 3,586 | Sales 1 | Trend — | |
Asset Class ShopPodium + Floor 2 | Inventory 7units 7 layouts · Typically 1.3 parking 29-268 sqm balcony | Size Range 1,155-12,617sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 6 asset classes covering 873 units