CELIA RESIDENCE
ResaleCommunityDubai Studio City
AreaAl Hebiah Second
Started
3 years 4 months ago15-09-2022
Handover
1 year 4 months ago14-09-2024
Status
CompleteFinished
Project Description
RESIDENTIAL BUILDING ( G + 4 FLOORS + ROOF)
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+25%Growth
Current:AED 1,979/sqft
Last 12M:AED 1,584/sqft
Momentum: Last 12Mvs Prior Year
Rising+4%Growth
Last 12M:AED 1,584/sqft
Prior Year:AED 1,521/sqft
Community Compare: Last 90DDubai Studio City
Premium+27%Above Avg
Project:AED 1,979/sqft
Community:AED 1,554/sqft
Liquidity: Last 12MExit Speed
Low4%Turnover
4Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,282/sqft
Range:AED 667 – AED 2K
Avg Unit:AED 57K/yr
Leasing Volume: L12MContracts Signed
Very Active77Total
New:48
Renew:29
Tenant RetentionRenewal Rate
Fair38%renewals
62% new tenants38% renewals
Gross YieldAnnual Return
High Yield64.8%Yield
Rent:AED 1,282/sqft
Price:AED 1,979/sqft
Supply & Demand Matrix
CELIA RESIDENCE averaged 4% 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
64 units
3 sold61 left
5%
Velocity
1 Bedroom
39 units
0 sold39 left
0%
Velocity
2 Bedrooms
8 units
1 sold7 left
13%
Velocity
Layouts & Units (111)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-4 | Inventory 64units 31 layouts · Typically 1 parking 5-22 sqm balcony | Size Range 324-608sqft | Price Range AED 580K - AED 680K | Avg PSF 1,231 | Sales 5 | Trend — | |
Asset Class 1 Bed FlatFloors 1-4 | Inventory 39units 24 layouts · Typically 1 parking 5-21 sqm balcony | Size Range 586-826sqft | Price Range AED 940K - AED 940K | Avg PSF 1,105 | Sales 1 | Trend — | |
Asset Class 2 Bed FlatFloors 1-4 | Inventory 8units 4 layouts · Typically 1 parking 12-31 sqm balcony | Size Range 1,042-1,252sqft | Price Range AED 1.3M - AED 1.3M | Avg PSF 1,004 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 44,563-44,563sqft | Price Range — | Avg PSF 123 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 111 units