ALANDALUS

Resale

DeveloperJUMEIRAH GOLF ESTATES L.L.C

CommunityJumeirah Golf Estates

AreaMe'Aisem First

Started

11 years 5 months ago14-08-2014

Handover

6 years 10 months ago28-02-2019

Status

CompleteFinished

Project Description

Alandalus project comprises of 2 residential buildings (A&B) including 1,2,3 & 4 bedroom apartments as per the following details: a) Residential Building A: Consists of lower ground level, ground floor, 9 floor and roof. b) Residential Building B: Consists of 2nd lower ground, 1 lower ground floor, ground floor, 11 floors and roof.& and connected parking building B+2nd LG+ 1st LG

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline

Stable

Growth

Current:AED 1,150/sqft

Last 12M:AED 1,154/sqft

Momentum: Last 12Mvs Prior Year

Falling

-10%

Decline

Last 12M:AED 1,154/sqft

Prior Year:AED 1,281/sqft

Community Compare: Last 90DJumeirah Golf Estates

Discount

-33%

Below Avg

Project:AED 1,150/sqft

Community:AED 1,715/sqft

Liquidity: Last 12MExit Speed

Moderate

11%Turnover

23Sold (Last 12M)

Supply & Demand Matrix

ALANDALUS averaged 11% 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

77 units

12 sold65 left

16%

Velocity

2 Bedrooms

100 units

8 sold92 left

Velocity

3 Bedrooms

28 units

1 sold27 left

Velocity

4 Bedrooms

10 units

2 sold8 left

20%

Velocity

Layouts & Units (215)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class 1 Bed FlatPodium + Floors 1-11	Inventory 77units 19 layouts · Typically 1 parking 5-44 sqm balcony	Size Range 391-1,197sqft	Price Range AED 19K - AED 1.4M	Avg PSF 832	Sales 55	Trend —

Asset Class 2 Bed FlatPodium + Floors 1-11	Inventory 100units 24 layouts · Typically 1 parking 10-52 sqm balcony	Size Range 722-1,820sqft	Price Range AED 940K - AED 2.3M	Avg PSF 869	Sales 61	Trend —

Asset Class 3 Bed FlatPodium + Floors 1-7	Inventory 28units 7 layouts · Typically 2 parking 17-87 sqm balcony	Size Range 953-2,573sqft	Price Range AED 1.1M - AED 2.6M	Avg PSF 830	Sales 20	Trend —

Asset Class 4 Bed FlatFloors 8-11	Inventory 10units 5 layouts · Typically 2 parking 12-102 sqm balcony	Size Range 2,331-3,313sqft	Price Range AED 1.8M - AED 4.8M	Avg PSF 870	Sales 10	Trend —

Grouped into 4 asset classes covering 215 units