CORAL INTERNATIONAL HOTEL APARTMENT

Mature
Started
18 years ago07-01-2008
Handover
11 years 8 months ago21-05-2014
Status
CompleteFinished
Project Description

Freehold commercial tower development located in Dubai Sports City, the building is designed to have 2B+G+P+21 floors. The building is designed to be built as a concrete structure with its internal and external finishes.

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline
No recent sales
Momentum: Last 12Mvs Prior Year
Rising
+8%
Growth
Last 12M:AED 804/sqft
Prior Year:AED 745/sqft
Community Compare: Last 90DDubai Sports City
No recent sales
Liquidity: Last 12MExit Speed
Low
1%Turnover
3Sold (Last 12M)

Supply & Demand Matrix

CORAL INTERNATIONAL HOTEL APARTMENT averaged 1% 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
130 units
2%
Velocity
1 Bedroom
116 units
0%
Velocity
2 Bedrooms
58 units
2%
Velocity

Layouts & Units (304)

Asset Class
Building
Inventory
0units
Size Range
44,498-44,498sqft
Price Range
AED 18.6M - AED 18.6M
Avg PSF
419
Sales
1
Trend
Asset Class
Hotel ApartmentFloors 2-22
Inventory
130units
32 layouts · Typically 1 parking
4-8 sqm balcony
Size Range
300-2,263sqft
Price Range
AED 215K - AED 1.3M
Avg PSF
964
Sales
77
Trend
Asset Class
1 Bed Hotel ApartmentFloors 2-22
Inventory
116units
40 layouts · Typically 1 parking
5-40 sqm balcony
Size Range
349-987sqft
Price Range
AED 375K - AED 1.4M
Avg PSF
982
Sales
41
Trend
Asset Class
2 Bed Hotel ApartmentFloors 2-22
Inventory
58units
33 layouts · Typically 1.1 parking
8-34 sqm balcony
Size Range
852-1,336sqft
Price Range
AED 500K - AED 1.8M
Avg PSF
827
Sales
12
Trend

Grouped into 4 asset classes covering 304 units