PALAZZO VERSACE
ResaleDeveloperEMIRATES PV DUBAI LIMITED
CommunityJaddaf Waterfront
AreaAl Jadaf
Started
18 years 11 months ago01-02-2007
Handover
10 years 8 months ago17-05-2015
Status
CompleteFinished
Project Description
Residential development (residential units) located in Al Jadaf area. It is designed and constructed as a B+G+10 storey building with a concrete structure and internal and external finishes. The east and west wings represent the residential parts of the development which will have services provided by the Versace Hotel that sits in between the two wings.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-5%
DeclineCurrent:AED 1,901/sqft
Last 12M:AED 1,996/sqft
Momentum: Last 12Mvs Prior Year
Falling-5%
DeclineLast 12M:AED 1,996/sqft
Prior Year:AED 2,111/sqft
Community Compare: Last 90DJaddaf Waterfront
At Market+2%
Above AvgProject:AED 1,901/sqft
Community:AED 1,866/sqft
Liquidity: Last 12MExit Speed
Low3%Turnover
11Sold (Last 12M)
Supply & Demand Matrix
PALAZZO VERSACE averaged 3% 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
4 units
0 sold4 left
0%
Velocity
2 Bedrooms
159 units
6 sold153 left
4%
Velocity
3 Bedrooms
129 units
4 sold125 left
3%
Velocity
4 Bedrooms
36 units
1 sold35 left
3%
Velocity
5 Bedrooms
6 units
0 sold6 left
0%
Velocity
6 Bedrooms
4 units
0 sold4 left
0%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (342)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloor 8 | Inventory 4units Typically 1 parking ~18 sqm balcony | Size Range 1,548-1,548sqft | Price Range AED 3.9M - AED 3.9M | Avg PSF 2,370 | Sales 1 | Trend — | |
Asset Class 2 Bed FlatFloors 1-8 | Inventory 159units 20 layouts · Typically 2 parking 13-134 sqm balcony | Size Range 884-7,437sqft | Price Range AED 1.1M - AED 11.8M | Avg PSF 2,337 | Sales 51 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-8 | Inventory 129units 39 layouts · Typically 2 parking 8-272 sqm balcony | Size Range 334-6,822sqft | Price Range AED 3.4M - AED 12.8M | Avg PSF 2,440 | Sales 25 | Trend — | |
Asset Class 4 Bed FlatPodium + Floors 2-7 | Inventory 36units 13 layouts · Typically 3 parking 41-184 sqm balcony | Size Range 4,706-6,552sqft | Price Range AED 139K - AED 15.8M | Avg PSF 2,224 | Sales 20 | Trend — | |
Asset Class 5 Bed FlatFloors 2-7 | Inventory 6units 6 layouts · Typically 3 parking 453-699 sqm balcony | Size Range 10,678-12,994sqft | Price Range AED 20.0M - AED 29.0M | Avg PSF 1,799 | Sales 4 | Trend — | |
Asset Class 6 Bed FlatPodium | Inventory 4units 2 layouts · Typically 3 parking 459-545 sqm balcony | Size Range 14,326-15,246sqft | Price Range AED 25.0M - AED 25.0M | Avg PSF 1,494 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 3units 3 layouts · Typically 2 parking | Size Range 386-1,373sqft | Price Range AED 424K - AED 1.5M | Avg PSF 2,363 | Sales 6 | Trend — | |
Asset Class Sized PartitionFloor 15 | Inventory 1units Typically 1 parking | Size Range 1,090,851-1,090,851sqft | Price Range — | Avg PSF 355 | Sales 0 | Trend — |
Grouped into 8 asset classes covering 342 units