THE PEARL
ResaleDeveloperALSHAFAR DEVELOPMENT L.L.C
CommunityJaddaf Waterfront
AreaAl Jadaf
Started
12 years 10 months ago02-03-2013
Handover
5 years 10 months ago25-03-2020
Status
CompleteFinished
Project Description
Freehold residential building development located at Culture Village, Al Jadaf. The building is designed to be 3B+G+7 concrete storey levels and block with internal and external finishes.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+13%Growth
Current:AED 1,469/sqft
Last 12M:AED 1,301/sqft
Momentum: Last 12Mvs Prior Year
Rising+24%Growth
Last 12M:AED 1,301/sqft
Prior Year:AED 1,051/sqft
Community Compare: Last 90DJaddaf Waterfront
Discount-21%Below Avg
Project:AED 1,469/sqft
Community:AED 1,866/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
4Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 984/sqft
Range:AED 550 – AED 2K
Avg Unit:AED 69K/yr
Leasing Volume: L12MContracts Signed
Very Active39Total
New:19
Renew:20
Tenant RetentionRenewal Rate
Good51%renewals
49% new tenants51% renewals
Gross YieldAnnual Return
High Yield67.0%Yield
Rent:AED 984/sqft
Price:AED 1,469/sqft
Supply & Demand Matrix
THE PEARL 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
1 Bedroom
47 units
2 sold45 left
4%
Velocity
2 Bedrooms
14 units
2 sold12 left
14%
Velocity
Layouts & Units (61)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-7 | Inventory 47units 24 layouts · Typically 1 parking 4-31 sqm balcony | Size Range 493-957sqft | Price Range AED 325K - AED 1.2M | Avg PSF 1,233 | Sales 15 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-7 | Inventory 14units 12 layouts · Typically 1 parking 5-112 sqm balcony | Size Range 655-2,684sqft | Price Range AED 704K - AED 1.4M | Avg PSF 1,185 | Sales 6 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 12,194-12,194sqft | Price Range AED 15.2M - AED 15.2M | Avg PSF 1,244 | Sales 1 | Trend — |
Grouped into 3 asset classes covering 61 units