BLISS HOMES
ResaleCommunityDubai Land Residence Complex
AreaWadi Al Safa 5
Started
3 years 7 months ago07-06-2022
Handover
1 year ago31-12-2024
Status
CompleteFinished
Project Description
THE PROJCTE IS B+G+9 FLOORS HAVING GYM AND SWIMING POOL - 86 UNITS ARE 1 BEDROOM AND 19 UNITS ARE 2 BEDROOMS AND THE BUILDIGN CONCEPT IS SMART HOME.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+3%Growth
Current:AED 1,246/sqft
Last 12M:AED 1,209/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DDubai Land Residence Complex
Discount-5%Below Avg
Project:AED 1,246/sqft
Community:AED 1,315/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
7Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 854/sqft
Range:AED 690 – AED 1K
Avg Unit:AED 72K/yr
Leasing Volume: L12MContracts Signed
Very Active63Total
New:63
Renew:0
Tenant RetentionRenewal Rate
Low0%renewals
100% new tenants0% renewals
Gross YieldAnnual Return
High Yield68.5%Yield
Rent:AED 854/sqft
Price:AED 1,246/sqft
Supply & Demand Matrix
BLISS HOMES 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
86 units
7 sold79 left
8%
Velocity
2 Bedrooms
19 units
0 sold19 left
0%
Velocity
Layouts & Units (105)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-9 | Inventory 86units 40 layouts · Typically 1 parking 5-19 sqm balcony | Size Range 627-1,247sqft | Price Range AED 750K - AED 1.4M | Avg PSF 1,213 | Sales 7 | Trend — | |
Asset Class 2 Bed FlatFloors 1-9 | Inventory 19units 7 layouts · Typically 1.9 parking 4-23 sqm balcony | Size Range 1,115-1,522sqft | Price Range — | Avg PSF 1,088 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 14,784-29,568sqft | Price Range AED 5.0M - AED 10.0M | Avg PSF 304 | Sales 6 | Trend — |
Grouped into 3 asset classes covering 105 units