THE DISTINCTION
ResaleDeveloperDAMAC DEVELOPMENT(L L C)
CommunityDownTown Dubai
AreaBurj Khalifa
Started
13 years 5 months ago21-08-2012
Handover
9 years 11 months ago15-02-2016
Status
CompleteFinished
Project Description
The project is a residential tower (G+5P+HC+45+Mech+R) built as a concrete structure with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+3%
GrowthCurrent:AED 1,782/sqft
Last 12M:AED 1,728/sqft
Momentum: Last 12Mvs Prior Year
Falling-5%
DeclineLast 12M:AED 1,728/sqft
Prior Year:AED 1,818/sqft
Community Compare: Last 90DDownTown Dubai
Discount-37%
Below AvgProject:AED 1,782/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Low6%Turnover
20Sold (Last 12M)
Supply & Demand Matrix
THE DISTINCTION averaged 6% 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
Studio
19 units
2 sold17 left
11%
Velocity
1 Bedroom
95 units
7 sold88 left
7%
Velocity
2 Bedrooms
129 units
6 sold123 left
5%
Velocity
3 Bedrooms
58 units
5 sold53 left
9%
Velocity
PENTHOUSE
4 units
0 sold4 left
0%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (308)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 7-26 | Inventory 10units 3 layouts · Typically 1 parking ~4 sqm balcony | Size Range 260-520sqft | Price Range AED 570K - AED 1.0M | Avg PSF 2,114 | Sales 5 | Trend — | |
Asset Class 1 Bed FlatFloors 7-50 | Inventory 43units 19 layouts · Typically 1 parking 5-35 sqm balcony | Size Range 748-1,390sqft | Price Range AED 800K - AED 2.4M | Avg PSF 2,048 | Sales 20 | Trend — | |
Asset Class 2 Bed FlatFloors 7-49 | Inventory 58units 14 layouts · Typically 1 parking 5-35 sqm balcony | Size Range 715-1,867sqft | Price Range AED 1.4M - AED 3.4M | Avg PSF 2,163 | Sales 24 | Trend — | |
Asset Class 3 Bed FlatFloors 9-50 | Inventory 26units 13 layouts · Typically 1.3 parking 8-40 sqm balcony | Size Range 1,011-2,219sqft | Price Range AED 1.9M - AED 3.6M | Avg PSF 2,259 | Sales 12 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 40,584-40,584sqft | Price Range AED 20.0M - AED 225.0M | Avg PSF 1,976 | Sales 2 | Trend — | |
Asset Class Hotel ApartmentFloors 8-22 | Inventory 9units Typically 1 parking ~4 sqm balcony | Size Range 520-520sqft | Price Range AED 490K - AED 1.1M | Avg PSF 2,147 | Sales 6 | Trend — | |
Asset Class 1 Bed Hotel ApartmentFloors 8-50 | Inventory 52units 13 layouts · Typically 1 parking 9-14 sqm balcony | Size Range 537-1,246sqft | Price Range AED 775K - AED 1.8M | Avg PSF 2,297 | Sales 30 | Trend — | |
Asset Class 2 Bed Hotel ApartmentFloors 7-49 | Inventory 71units 23 layouts · Typically 1 parking 7-25 sqm balcony | Size Range 533-1,827sqft | Price Range AED 1.5M - AED 3.5M | Avg PSF 2,347 | Sales 38 | Trend — | |
Asset Class 3 Bed Hotel ApartmentFloors 7-50 | Inventory 32units 11 layouts · Typically 1.4 parking 9-40 sqm balcony | Size Range 533-2,293sqft | Price Range AED 1.5M - AED 4.8M | Avg PSF 2,744 | Sales 17 | Trend — | |
Asset Class 22 Bed Hotel ApartmentFloors 51-52 | Inventory 4units 2 layouts · Typically 2 parking 43-53 sqm balcony | Size Range 2,276-2,624sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Hotel Apartment | Inventory 0units | Size Range 2,680-5,290sqft | Price Range — | Avg PSF 2,262 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,242-1,242sqft | Price Range — | Avg PSF 81 | Sales 0 | Trend — | |
Asset Class ShopPodium + Floor 6 | Inventory 3units 3 layouts · Typically 3.3 parking | Size Range 1,919-5,734sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 13 asset classes covering 308 units