Glorious Central Residences
HandoverCommunityInternational City Phase 3
AreaWarsan Fourth
Started
1 year 10 months ago01-03-2024
Handover
2 months ago01-11-2025
Status
87% BuiltIn Progress
Project Description
Proposed G+ P+5 Residential Building.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable+2%
GrowthCurrent:AED 1,296/sqft
Last 12M:AED 1,265/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DInternational City Phase 3
Premium+24%
Above AvgProject:AED 1,296/sqft
Community:AED 1,049/sqft
Liquidity: Last 12MExit Speed
High62%Turnover
93Sold (Last 12M)
Supply & Demand Matrix
Glorious Central Residences averaged 62% liquidity over the last 12 months, which is considered high. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
Studio
60 units
58 sold2 left
97%
Velocity
1 Bedroom
81 units
31 sold50 left
38%
Velocity
2 Bedrooms
10 units
4 sold6 left
40%
Velocity
Layouts & Units (151)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-5 | Inventory 60units 17 layouts · Typically 1 parking 5-21 sqm balcony | Size Range 411-580sqft | Price Range AED 500K - AED 750K | Avg PSF 1,267 | Sales 58 | Trend — | |
Asset Class 1 Bed FlatFloors 1-5 | Inventory 81units 32 layouts · Typically 1.1 parking 8-24 sqm balcony | Size Range 695-940sqft | Price Range AED 871K - AED 1.1M | Avg PSF 1,269 | Sales 31 | Trend — | |
Asset Class 2 Bed FlatFloors 1-5 | Inventory 10units 4 layouts · Typically 1.9 parking 14-38 sqm balcony | Size Range 1,222-1,368sqft | Price Range AED 1.4M - AED 1.5M | Avg PSF 1,193 | Sales 4 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 26,910-26,910sqft | Price Range AED 4.0M - AED 4.2M | Avg PSF 153 | Sales 2 | Trend — |
Grouped into 4 asset classes covering 151 units