AL Andalus Phase 2
ResaleDeveloperJUMEIRAH GOLF ESTATES L.L.C
CommunityJumeirah Golf Estates
AreaMe'Aisem First
Started
9 years 4 months ago15-09-2016
Handover
6 years ago31-12-2019
Status
CompleteFinished
Project Description
Residential Building: Tower C (2LG, 1LG, G+12 and Roof)
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-6%
DeclineCurrent:AED 1,052/sqft
Last 12M:AED 1,114/sqft
Momentum: Last 12Mvs Prior Year
Falling-6%
DeclineLast 12M:AED 1,114/sqft
Prior Year:AED 1,184/sqft
Community Compare: Last 90DJumeirah Golf Estates
Discount-39%
Below AvgProject:AED 1,052/sqft
Community:AED 1,715/sqft
Liquidity: Last 12MExit Speed
Moderate13%Turnover
16Sold (Last 12M)
Supply & Demand Matrix
AL Andalus Phase 2 averaged 13% 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
40 units
5 sold35 left
13%
Velocity
2 Bedrooms
60 units
10 sold50 left
17%
Velocity
3 Bedrooms
14 units
1 sold13 left
7%
Velocity
4 Bedrooms
6 units
0 sold6 left
0%
Velocity
Layouts & Units (120)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-12 | Inventory 40units 6 layouts · Typically 1 parking 8-16 sqm balcony | Size Range 728-903sqft | Price Range AED 15K - AED 1.3M | Avg PSF 837 | Sales 21 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-12 | Inventory 60units 8 layouts · Typically 1 parking 10-48 sqm balcony | Size Range 692-1,775sqft | Price Range AED 61K - AED 2.5M | Avg PSF 864 | Sales 34 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-4 | Inventory 14units 8 layouts · Typically 2 parking 11-69 sqm balcony | Size Range 1,735-2,364sqft | Price Range AED 1.7M - AED 3.2M | Avg PSF 821 | Sales 8 | Trend — | |
Asset Class 4 Bed FlatFloors 10-12 | Inventory 6units 3 layouts · Typically 2 parking 50-72 sqm balcony | Size Range 2,657-2,889sqft | Price Range AED 2.5M - AED 4.3M | Avg PSF 1,072 | Sales 4 | Trend — |
Grouped into 4 asset classes covering 120 units