Alandalus Building G
MatureDeveloperJUMEIRAH GOLF ESTATES L.L.C
CommunityJumeirah Golf Estates
AreaMe'Aisem First
Started
7 years 11 months ago04-02-2018
Handover
4 years 8 months ago28-04-2021
Status
CompleteFinished
Project Description
Residential Building (Tower G) LG+G+2+R+UR + Car Parking G+1
Performance Alpha
Sales Performance
Market Sales: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
Rising+34%Growth
Last 12M:AED 1,640/sqft
Prior Year:AED 1,222/sqft
Community Compare: Last 90DJumeirah Golf Estates
—No recent sales
Liquidity: Last 12MExit Speed
Moderate14%Turnover
4Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,191/sqft
Range:AED 984 – AED 2K
Avg Unit:AED 104K/yr
Leasing Volume: L12MContracts Signed
Very Active18Total
New:13
Renew:5
Tenant RetentionRenewal Rate
Fair28%renewals
72% new tenants28% renewals
Gross YieldAnnual Return
High Yield97.5%Yield
Rent:AED 1,191/sqft
Price:AED 1,222/sqft
Supply & Demand Matrix
Alandalus Building G averaged 14% 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
21 units
2 sold19 left
10%
Velocity
2 Bedrooms
8 units
2 sold6 left
25%
Velocity
Layouts & Units (29)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-2 | Inventory 21units 9 layouts · Typically 1 parking 8-9 sqm balcony | Size Range 723-826sqft | Price Range AED 1.0M - AED 1.4M | Avg PSF 1,048 | Sales 5 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-2 | Inventory 8units 2 layouts · Typically 1 parking ~10 sqm balcony | Size Range 1,366-1,367sqft | Price Range AED 2.0M - AED 2.1M | Avg PSF 1,018 | Sales 2 | Trend — |
Grouped into 2 asset classes covering 29 units