SPARKLE TOWERS
ResaleCommunityDubai Marina
AreaMarsa Dubai
Started
12 years ago05-01-2014
Handover
6 years 7 months ago16-06-2019
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 3B+G+(29/14/4)+R RESIDENTIAL & COMMERCIAL BUILDING LOCATED IN MARSA DUBAI. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+5%
GrowthCurrent:AED 2,322/sqft
Last 12M:AED 2,214/sqft
Momentum: Last 12Mvs Prior Year
Rising+3%
GrowthLast 12M:AED 2,214/sqft
Prior Year:AED 2,150/sqft
Community Compare: Last 90DDubai Marina
Premium+34%
Above AvgProject:AED 2,322/sqft
Community:AED 1,731/sqft
Liquidity: Last 12MExit Speed
Moderate14%Turnover
56Sold (Last 12M)
Supply & Demand Matrix
SPARKLE TOWERS averaged 14% 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
Studio
80 units
22 sold58 left
28%
Velocity
1 Bedroom
158 units
19 sold139 left
12%
Velocity
2 Bedrooms
112 units
9 sold103 left
8%
Velocity
3 Bedrooms
28 units
4 sold24 left
14%
Velocity
4 Bedrooms
1 units
0 sold1 left
0%
Velocity
Shop
10 units
2 sold8 left
20%
Velocity
Layouts & Units (389)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-14 | Inventory 80units 18 layouts · Typically 1 parking 5-21 sqm balcony | Size Range 356-697sqft | Price Range AED 630K - AED 1.2M | Avg PSF 2,058 | Sales 56 | Trend — | |
Asset Class 1 Bed FlatFloors 1-28 | Inventory 158units 24 layouts · Typically 1 parking 9-64 sqm balcony | Size Range 432-1,409sqft | Price Range AED 14K - AED 2.5M | Avg PSF 1,646 | Sales 138 | Trend — | |
Asset Class 2 Bed FlatFloors 1-29 | Inventory 112units 32 layouts · Typically 1 parking 12-82 sqm balcony | Size Range 738-2,123sqft | Price Range AED 400K - AED 3.9M | Avg PSF 1,544 | Sales 115 | Trend — | |
Asset Class 3 Bed FlatFloors 22-29 | Inventory 28units 12 layouts · Typically 1.6 parking 16-35 sqm balcony | Size Range 1,169-2,234sqft | Price Range AED 2.4M - AED 4.3M | Avg PSF 1,741 | Sales 22 | Trend — | |
Asset Class 4 Bed FlatFloor 12 | Inventory 1units Typically 2 parking ~38 sqm balcony | Size Range 2,949-2,949sqft | Price Range AED 4.1M - AED 4.1M | Avg PSF 1,404 | Sales 1 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 66,849-66,849sqft | Price Range — | Avg PSF 1,282 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,476-1,476sqft | Price Range — | Avg PSF 2,202 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 10units 10 layouts · Typically 1.9 parking | Size Range 1,471-2,513sqft | Price Range AED 1.4M - AED 8.7M | Avg PSF 2,014 | Sales 14 | Trend — |
Grouped into 8 asset classes covering 389 units