CENTRIUM TOWER
ResaleDeveloperETA STAR PROPERTY DEVELOPERS L.L.C
CommunityInternational Media Production Zone
AreaMe'Aisem First
Started
19 years 6 months ago11-07-2006
Handover
12 years ago26-12-2013
Status
CompleteFinished
Project Description
Four freehold residential tower development located at the International Media Production Zone (IMPZ). The tower is designed to have 2B+G+P+25+HC storey high tower formed in a concrete structure with interior and exterior finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+4%
GrowthCurrent:AED 858/sqft
Last 12M:AED 823/sqft
Momentum: Last 12Mvs Prior Year
Rising+18%
GrowthLast 12M:AED 823/sqft
Prior Year:AED 700/sqft
Community Compare: Last 90DInternational Media Production Zone
Discount-31%
Below AvgProject:AED 858/sqft
Community:AED 1,244/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
73Sold (Last 12M)
Supply & Demand Matrix
CENTRIUM TOWER averaged 12% 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
1 Bedroom
248 units
31 sold217 left
13%
Velocity
2 Bedrooms
240 units
30 sold210 left
13%
Velocity
3 Bedrooms
95 units
11 sold84 left
12%
Velocity
Shop
2 units
1 sold1 left
50%
Velocity
Layouts & Units (585)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 4-29 | Inventory 248units 23 layouts · Typically 1.1 parking 6-82 sqm balcony | Size Range 357-3,956sqft | Price Range AED 300K - AED 766K | Avg PSF 773 | Sales 198 | Trend — | |
Asset Class 2 Bed FlatFloors 4-29 | Inventory 240units 38 layouts · Typically 1.1 parking 8-168 sqm balcony | Size Range 160-2,782sqft | Price Range AED 117K - AED 1.6M | Avg PSF 737 | Sales 202 | Trend — | |
Asset Class 3 Bed FlatFloors 4-29 | Inventory 95units 29 layouts · Typically 1.2 parking 9-114 sqm balcony | Size Range 679-2,812sqft | Price Range AED 600K - AED 1.8M | Avg PSF 724 | Sales 74 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 713-104,557sqft | Price Range AED 55.1M - AED 55.1M | Avg PSF 2,492 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 2units 2 layouts · Typically 2.5 parking | Size Range 1,417-3,005sqft | Price Range AED 2.9M - AED 4.8M | Avg PSF 1,037 | Sales 3 | Trend — |
Grouped into 5 asset classes covering 585 units