GLITZ RESIDENCE 2
ResaleDeveloperDANUBE PROPERTIES DEVELOPMENT L.L.C
CommunityDubai Studio City
AreaAl Hebiah Second
Started
11 years ago01-01-2015
Handover
8 years 6 months ago23-07-2017
Status
CompleteFinished
Project Description
Residential building located in Al Hebiah 2nd - Dubai, Building consists of B+G+8+GYM
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+5%
GrowthCurrent:AED 1,046/sqft
Last 12M:AED 996/sqft
Momentum: Last 12Mvs Prior Year
Rising+9%
GrowthLast 12M:AED 996/sqft
Prior Year:AED 912/sqft
Community Compare: Last 90DDubai Studio City
Discount-33%
Below AvgProject:AED 1,046/sqft
Community:AED 1,554/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
12Sold (Last 12M)
Supply & Demand Matrix
GLITZ RESIDENCE 2 averaged 8% 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
34 units
3 sold31 left
9%
Velocity
1 Bedroom
66 units
7 sold59 left
11%
Velocity
2 Bedrooms
32 units
1 sold31 left
3%
Velocity
3 Bedrooms
14 units
1 sold13 left
7%
Velocity
Shop
5 units
0 sold5 left
0%
Velocity
Layouts & Units (151)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-8 | Inventory 34units 8 layouts · Typically 1 parking 4-12 sqm balcony | Size Range 232-574sqft | Price Range AED 290K - AED 550K | Avg PSF 951 | Sales 17 | Trend — | |
Asset Class 1 Bed FlatFloors 1-8 | Inventory 66units 14 layouts · Typically 1 parking 6-45 sqm balcony | Size Range 394-1,119sqft | Price Range AED 420K - AED 900K | Avg PSF 889 | Sales 30 | Trend — | |
Asset Class 2 Bed FlatFloors 1-8 | Inventory 32units 7 layouts · Typically 2 parking 20-53 sqm balcony | Size Range 597-1,535sqft | Price Range AED 710K - AED 1.1M | Avg PSF 735 | Sales 8 | 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 1.3M | Avg PSF 733 | Sales 6 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 58,868-58,868sqft | Price Range AED 17.8M - AED 17.8M | Avg PSF 302 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 674-674sqft | Price Range — | Avg PSF 11,462 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 5units 4 layouts · Typically 3 parking | Size Range 1,039-1,491sqft | Price Range AED 1.2M - AED 2.0M | Avg PSF 1,272 | Sales 10 | Trend — |
Grouped into 7 asset classes covering 151 units