The Pulse Boulevard Apartments-C1
ResaleDeveloperDUBAI SOUTH PROPERTIES DWC LLC
CommunityDubai South Residential District
Started
8 years 9 months ago01-04-2017
Handover
5 years ago11-01-2021
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF (B+G+11)X 1 RESIDENTIAL BUILDING LOCATED IN MADINAT AL MATAAR. THE APARTMENTS ARE 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 978/sqft
Last 12M:AED 949/sqft
Momentum: Last 12Mvs Prior Year
Rising+17%Growth
Last 12M:AED 949/sqft
Prior Year:AED 814/sqft
Community Compare: Last 90DDubai South Residential District
Discount-17%Below Avg
Project:AED 978/sqft
Community:AED 1,180/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
13Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 686/sqft
Range:AED 426 – AED 1K
Avg Unit:AED 68K/yr
Leasing Volume: L12MContracts Signed
Very Active89Total
New:57
Renew:32
Tenant RetentionRenewal Rate
Fair36%renewals
64% new tenants36% renewals
Gross YieldAnnual Return
High Yield70.1%Yield
Rent:AED 686/sqft
Price:AED 978/sqft
Supply & Demand Matrix
The Pulse Boulevard Apartments-C1 averaged 9% 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
56 units
6 sold50 left
11%
Velocity
2 Bedrooms
65 units
2 sold63 left
3%
Velocity
3 Bedrooms
22 units
5 sold17 left
23%
Velocity
Shop
4 units
0 sold4 left
0%
Velocity
Layouts & Units (147)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-11 | Inventory 56units 13 layouts · Typically 1 parking 7-10 sqm balcony | Size Range 390-895sqft | Price Range AED 250K - AED 830K | Avg PSF 746 | Sales 12 | Trend — | |
Asset Class 2 Bed FlatFloors 1-11 | Inventory 65units 16 layouts · Typically 1 parking 6-10 sqm balcony | Size Range 1,168-1,361sqft | Price Range AED 625K - AED 1.1M | Avg PSF 688 | Sales 11 | Trend — | |
Asset Class 3 Bed FlatFloors 1-11 | Inventory 22units 5 layouts · Typically 2 parking 8-9 sqm balcony | Size Range 1,524-1,592sqft | Price Range AED 1.2M - AED 1.6M | Avg PSF 759 | Sales 8 | Trend — | |
Asset Class ShopPodium | Inventory 4units 4 layouts · Typically 1.8 parking | Size Range 385-1,797sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 4 asset classes covering 147 units