Glorious Central Residences

Handover
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%
Growth
Current: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 Avg
Project:AED 1,296/sqft
Community:AED 1,049/sqft
Liquidity: Last 12MExit Speed
High
62%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
97%
Velocity
1 Bedroom
81 units
38%
Velocity
2 Bedrooms
10 units
40%
Velocity

Layouts & Units (151)

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