THE SIGNATURE
MatureDeveloperDAMAC STAR PROPERTIES (L L C)
CommunityDownTown Dubai
AreaBurj Khalifa
Started
15 years 10 months ago15-03-2010
Handover
12 years 8 months ago21-05-2013
Status
CompleteFinished
Project Description
Freehold residential tower located in Burj Dubai District. The tower is designed as B+G+5P+39. The tower is designed to be constructed out of concrete structure and block with internal and external finishes.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Stable-1%
DeclineCurrent:AED 1,565/sqft
Last 12M:AED 1,575/sqft
Momentum: Last 12Mvs Prior Year
Stable-1%
DeclineLast 12M:AED 1,575/sqft
Prior Year:AED 1,597/sqft
Community Compare: Last 90DDownTown Dubai
Discount-45%
Below AvgProject:AED 1,565/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
38Sold (Last 12M)
Supply & Demand Matrix
THE SIGNATURE 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
235 units
21 sold214 left
9%
Velocity
2 Bedrooms
78 units
7 sold71 left
9%
Velocity
3 Bedrooms
42 units
10 sold32 left
24%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Office
1 units
0 sold1 left
0%
Velocity
Layouts & Units (357)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 5-43 | Inventory 235units 32 layouts · Typically 1 parking 8-13 sqm balcony | Size Range 431-946sqft | Price Range AED 600K - AED 3.2M | Avg PSF 1,857 | Sales 237 | Trend — | |
Asset Class 2 Bed FlatFloors 5-43 | Inventory 78units 12 layouts · Typically 1 parking 18-21 sqm balcony | Size Range 696-2,789sqft | Price Range AED 820K - AED 4.3M | Avg PSF 1,747 | Sales 87 | Trend — | |
Asset Class 3 Bed FlatFloors 5-44 | Inventory 42units 9 layouts · Typically 1 parking 20-200 sqm balcony | Size Range 760-4,815sqft | Price Range AED 750K - AED 14.4M | Avg PSF 1,808 | Sales 61 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 44,805-44,805sqft | Price Range AED 20.0M - AED 20.0M | Avg PSF 1,786 | Sales 1 | Trend — | |
Asset Class OfficePodium | Inventory 1units Typically 1 parking ~83 sqm balcony | Size Range 4,888-4,888sqft | Price Range — | Avg PSF 1,100 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 1 parking | Size Range 405-405sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 6 asset classes covering 357 units