Zhoug guo jia
MatureCommunityInternational City Phase 1
AreaAl Warsan First
Started
8 years 2 months ago13-11-2017
Handover
5 years 11 months ago11-02-2020
Status
CompleteFinished
Project Description
2B+G+8 Retail and Residential building at Al Warsan First, Dubai
Performance Alpha
Rent Pricing: L12MPer Sqft / Year
AED 814/sqft
Range:AED 556 – AED 2K
Avg Unit:AED 83K/yr
Leasing Volume: L12MContracts Signed
Very Active88Total
New:53
Renew:35
Tenant RetentionRenewal Rate
Good40%renewals
60% new tenants40% renewals
Avg Annual RentPer Unit
AED 83K/year
Based on 88 contracts
Supply & Demand Matrix
Zhoug guo jia averaged 0% 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
1 Bedroom
88 units
0 sold88 left
0%
Velocity
2 Bedrooms
16 units
0 sold16 left
0%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Layouts & Units (110)
| Property Type | Contracts (L12M) | Size Range | Rent Range (PSF) | Avg Rent/Sqft | Avg Annual | |
|---|---|---|---|---|---|---|
Property Type 1bed room+Hallapartment | Contracts 164 | Size Range 78-126sqft | Rent Range 215-874 | Avg Rent/Sqft 725AED | Avg Annual AED 71K | |
Property Type 2 bed rooms+hallapartment | Contracts 34 | Size Range 103-133sqft | Rent Range 441-1,880 | Avg Rent/Sqft 678AED | Avg Annual AED 88K | |
Property Type Shopretail | Contracts 39 | Size Range 72-133sqft | Rent Range 233-4,154 | Avg Rent/Sqft 1,149AED | Avg Annual AED 96K |
237 rental contracts grouped into 3 property types