IRIS AMBER

Mature
Started
17 years 4 months ago22-09-2008
Handover
8 years 9 months ago31-03-2017
Status
CompleteFinished
Project Description

Freehold residential building development located at Culture Village, Al Jadaf. The building is designed to be 3B+G+8+R storey. The building is designed to be built out of concrete structure and block with internal and external finishes.

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline
Stable
0%
Growth
Current:AED 1,395/sqft
Last 12M:AED 1,394/sqft
Momentum: Last 12Mvs Prior Year
Rising
+11%
Growth
Last 12M:AED 1,394/sqft
Prior Year:AED 1,251/sqft
Community Compare: Last 90DJaddaf Waterfront
Discount
-25%
Below Avg
Project:AED 1,395/sqft
Community:AED 1,866/sqft
Liquidity: Last 12MExit Speed
Low
7%Turnover
7Sold (Last 12M)

Supply & Demand Matrix

IRIS AMBER averaged 7% 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
Studio
4 units
25%
Velocity
1 Bedroom
69 units
9%
Velocity
2 Bedrooms
22 units
0%
Velocity

Layouts & Units (95)

Asset Class
Studio FlatFloors 1-3
Inventory
4units
2 layouts
~5 sqm balcony
Size Range
402-403sqft
Price Range
AED 599K - AED 630K
Avg PSF
1,532
Sales
4
Trend
Asset Class
1 Bed FlatPodium + Floors 1-8
Inventory
69units
32 layouts · Typically 1 parking
4-75 sqm balcony
Size Range
270-1,702sqft
Price Range
AED 691K - AED 1.4M
Avg PSF
1,260
Sales
66
Trend
Asset Class
2 Bed FlatFloors 1-8
Inventory
22units
14 layouts · Typically 1 parking
5-46 sqm balcony
Size Range
1,013-1,558sqft
Price Range
AED 1.3M - AED 1.9M
Avg PSF
1,254
Sales
20
Trend
Asset Class
Building
Inventory
0units
Size Range
20,333-20,333sqft
Price Range
AED 23.4M - AED 27.4M
Avg PSF
1,250
Sales
2
Trend
Asset Class
Land
Inventory
0units
Size Range
966-966sqft
Price Range
Avg PSF
44,275
Sales
0
Trend

Grouped into 5 asset classes covering 95 units

IRIS AMBER in Jaddaf Waterfront - Prices and Units | Property Index