MANAZEL ALKHOR
ResaleDeveloperMANAZEL AL KHOR L.L.C
CommunityJaddaf Waterfront
AreaAl Jadaf
Started
11 years 11 months ago01-02-2014
Handover
8 years 10 months ago19-03-2017
Status
CompleteFinished
Project Description
Residential development in Al Jaddaf area adjacent to Al Garhoud Bridge. The building is spread over a large waterfront plot and ranges from B+LG+G+1+R towards the water and B+LG+G+4+R inwards. Total BUA is 567,000 sqft.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
Stable+2%Growth
Last 12M:AED 1,320/sqft
Prior Year:AED 1,296/sqft
Community Compare: Last 90DJaddaf Waterfront
—No recent sales
Liquidity: Last 12MExit Speed
Low6%Turnover
7Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 703/sqft
Range:AED 199 – AED 1K
Avg Unit:AED 118K/yr
Leasing Volume: L12MContracts Signed
Very Active95Total
New:14
Renew:81
Tenant RetentionRenewal Rate
Excellent85%renewals
15% new tenants85% renewals
Gross YieldAnnual Return
High Yield54.2%Yield
Rent:AED 703/sqft
Price:AED 1,296/sqft
Supply & Demand Matrix
MANAZEL ALKHOR averaged 6% 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
46 units
0 sold46 left
0%
Velocity
2 Bedrooms
23 units
0 sold23 left
0%
Velocity
3 Bedrooms
43 units
7 sold36 left
16%
Velocity
4 Bedrooms
11 units
0 sold11 left
0%
Velocity
Shop
2 units
0 sold2 left
0%
Velocity
Layouts & Units (125)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-4 | Inventory 46units 43 layouts · Typically 1 parking 4-43 sqm balcony | Size Range 750-1,447sqft | Price Range AED 975K - AED 1.5M | Avg PSF 1,435 | Sales 3 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-4 | Inventory 23units 23 layouts · Typically 2 parking 6-69 sqm balcony | Size Range 1,526-2,358sqft | Price Range AED 2.6M - AED 2.6M | Avg PSF 1,487 | Sales 1 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-4 | Inventory 43units 42 layouts · Typically 2 parking 11-271 sqm balcony | Size Range 2,062-4,985sqft | Price Range AED 2.8M - AED 4.5M | Avg PSF 1,575 | Sales 12 | Trend — | |
Asset Class 4 Bed FlatPodium + Floors 1-4 | Inventory 11units 11 layouts · Typically 2 parking 22-124 sqm balcony | Size Range 2,672-3,767sqft | Price Range AED 3.5M - AED 3.9M | Avg PSF 1,582 | Sales 2 | Trend — | |
Asset Class ShopPodium | Inventory 2units 2 layouts · Typically 5 parking | Size Range 1,985-2,795sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 125 units