GLITZ RESIDENCE 1

Resale
Started
11 years ago01-01-2015
Handover
8 years 5 months ago31-07-2017
Status
CompleteFinished
Project Description

Residential building located in Al Hebiah 2nd - Dubai, Project consists of B+G+8+GYM floors. with external and internal finishes

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Rising
+9%
Growth
Current:AED 1,045/sqft
Last 12M:AED 959/sqft
Momentum: Last 12Mvs Prior Year
Rising
+14%
Growth
Last 12M:AED 959/sqft
Prior Year:AED 839/sqft
Community Compare: Last 90DDubai Studio City
Discount
-33%
Below Avg
Project:AED 1,045/sqft
Community:AED 1,554/sqft
Liquidity: Last 12MExit Speed
Moderate
11%Turnover
17Sold (Last 12M)

Supply & Demand Matrix

GLITZ RESIDENCE 1 averaged 11% 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
34 units
12%
Velocity
1 Bedroom
66 units
11%
Velocity
2 Bedrooms
32 units
16%
Velocity
3 Bedrooms
14 units
7%
Velocity
Shop
5 units
0%
Velocity

Layouts & Units (151)

Asset Class
Studio FlatFloors 1-8
Inventory
34units
8 layouts · Typically 1 parking
4-12 sqm balcony
Size Range
226-574sqft
Price Range
AED 175K - AED 540K
Avg PSF
834
Sales
15
Trend
Asset Class
1 Bed FlatFloors 1-8
Inventory
66units
14 layouts · Typically 1 parking
6-45 sqm balcony
Size Range
672-1,119sqft
Price Range
AED 400K - AED 795K
Avg PSF
844
Sales
35
Trend
Asset Class
2 Bed FlatFloors 1-8
Inventory
32units
7 layouts · Typically 2 parking
20-53 sqm balcony
Size Range
599-1,535sqft
Price Range
AED 710K - AED 1.1M
Avg PSF
736
Sales
11
Trend
Asset Class
3 Bed FlatFloors 2-8
Inventory
14units
Typically 2 parking
~35 sqm balcony
Size Range
1,646-1,647sqft
Price Range
AED 850K - AED 1.5M
Avg PSF
721
Sales
6
Trend
Asset Class
Building
Inventory
0units
Size Range
59,142-59,142sqft
Price Range
AED 17.9M - AED 17.9M
Avg PSF
302
Sales
1
Trend
Asset Class
ShopPodium
Inventory
5units
4 layouts · Typically 3 parking
Size Range
746-1,491sqft
Price Range
AED 2.0M - AED 2.0M
Avg PSF
1,183
Sales
1
Trend

Grouped into 6 asset classes covering 151 units

GLITZ RESIDENCE 1 in Dubai Studio City - Prices and Units | Property Index