ROYALE RESIDENCE2
ResaleDeveloperPAN GLOBAL DEVELOPMENT L.L.C
CommunityDubai Sports City
AreaAl Hebiah Fourth
Started
17 years 7 months ago07-06-2008
Handover
10 years 8 months ago28-04-2015
Status
CompleteFinished
Project Description
Freehold residential building development located in Dubai Sports City, the building is designed to have 2B+G+13 floors. The building is being constructed as a concrete structure with external and internal finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+23%
GrowthCurrent:AED 1,118/sqft
Last 12M:AED 911/sqft
Momentum: Last 12Mvs Prior Year
Rising+23%
GrowthLast 12M:AED 911/sqft
Prior Year:AED 743/sqft
Community Compare: Last 90DDubai Sports City
Discount-26%
Below AvgProject:AED 1,118/sqft
Community:AED 1,519/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
18Sold (Last 12M)
Supply & Demand Matrix
ROYALE RESIDENCE2 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
Studio
96 units
7 sold89 left
7%
Velocity
1 Bedroom
70 units
9 sold61 left
13%
Velocity
2 Bedrooms
28 units
2 sold26 left
7%
Velocity
3 Bedrooms
2 units
0 sold2 left
0%
Velocity
Layouts & Units (196)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-12 | Inventory 96units 7 layouts · Typically 1 parking ~5 sqm balcony | Size Range 414-537sqft | Price Range AED 200K - AED 1.3M | Avg PSF 901 | Sales 100 | Trend — | |
Asset Class 1 Bed FlatFloors 1-12 | Inventory 70units 9 layouts · Typically 1.1 parking 6-15 sqm balcony | Size Range 352-1,085sqft | Price Range AED 270K - AED 1.5M | Avg PSF 755 | Sales 78 | Trend — | |
Asset Class 2 Bed FlatFloors 1-13 | Inventory 28units 9 layouts · Typically 1.2 parking 7-60 sqm balcony | Size Range 770-2,263sqft | Price Range AED 464K - AED 1.3M | Avg PSF 670 | Sales 34 | Trend — | |
Asset Class 3 Bed FlatFloor 13 | Inventory 2units 2 layouts · Typically 3.5 parking 59-63 sqm balcony | Size Range 2,653-2,684sqft | Price Range AED 1.4M - AED 2.2M | Avg PSF 622 | Sales 4 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 48,563-48,563sqft | Price Range AED 12.4M - AED 12.4M | Avg PSF 256 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 2,653-2,653sqft | Price Range — | Avg PSF 2,263 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 196 units