GLITZ RESIDENCE 3
ResaleDeveloperDANUBE PROPERTIES DEVELOPMENT L.L.C
CommunityDubai Studio City
AreaAl Hebiah Second
Started
10 years 7 months ago01-06-2015
Handover
7 years 10 months ago28-02-2018
Status
CompleteFinished
Project Description
PROPOSED B+G+8+R FLOOR BUILDING (GLITZ RESIDENC 3) ON POLT NO.SC-C-003 & SC-C-004 AT STUDIO CITY, DUBAI. THE TWO BUILDING SIT ON ONE COMMON BASEMENT AS PER THE APPROVED DRAWING AND THE BASEMENT IS PROPOSED TO BE BUILT COMBINING BOTH THE PLOT TOGETHER, WITH EXTERNAL AND INTERNAL FININSHES
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable-1%
DeclineCurrent:AED 1,059/sqft
Last 12M:AED 1,069/sqft
Momentum: Last 12Mvs Prior Year
Rising+23%
GrowthLast 12M:AED 1,069/sqft
Prior Year:AED 867/sqft
Community Compare: Last 90DDubai Studio City
Discount-32%
Below AvgProject:AED 1,059/sqft
Community:AED 1,554/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
41Sold (Last 12M)
Supply & Demand Matrix
GLITZ RESIDENCE 3 averaged 10% 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
39 units
9 sold30 left
23%
Velocity
1 Bedroom
188 units
18 sold170 left
10%
Velocity
2 Bedrooms
149 units
10 sold139 left
7%
Velocity
3 Bedrooms
39 units
3 sold36 left
8%
Velocity
Shop
6 units
1 sold5 left
17%
Velocity
Layouts & Units (421)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-8 | Inventory 39units 3 layouts · Typically 1 parking 4-5 sqm balcony | Size Range 217-443sqft | Price Range AED 310K - AED 590K | Avg PSF 1,050 | Sales 22 | Trend — | |
Asset Class 1 Bed FlatFloors 1-8 | Inventory 188units 10 layouts · Typically 1 parking 6-13 sqm balcony | Size Range 389-821sqft | Price Range AED 430K - AED 830K | Avg PSF 940 | Sales 58 | Trend — | |
Asset Class 2 Bed FlatFloors 1-8 | Inventory 149units 12 layouts · Typically 1.9 parking 10-18 sqm balcony | Size Range 821-1,293sqft | Price Range AED 600K - AED 1.2M | Avg PSF 809 | Sales 56 | Trend — | |
Asset Class 3 Bed FlatFloors 1-8 | Inventory 39units 3 layouts · Typically 1.8 parking 18-20 sqm balcony | Size Range 1,160-1,356sqft | Price Range AED 800K - AED 1.5M | Avg PSF 816 | Sales 17 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 76,339-76,339sqft | Price Range AED 23.1M - AED 23.1M | Avg PSF 302 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 820-1,293sqft | Price Range — | Avg PSF 15,835 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 6units 4 layouts · Typically 2 parking | Size Range 583-875sqft | Price Range AED 1.5M - AED 1.5M | Avg PSF 1,649 | Sales 1 | Trend — |
Grouped into 7 asset classes covering 421 units