DUBAI STAR
ResaleCommunityJumeirah Islands
AreaAl Thanyah Fifth
Started
19 years 2 months ago01-11-2006
Handover
7 years 2 months ago01-11-2018
Status
CompleteFinished
Project Description
Freehold mixed residential tower development in Jumeirah Lakes Towers that is designed to be 3B+G+45 floors high and a total of 565 units. 1-25: Offices 26: Mol 27-43: Residential The tower will be constructed out of concrete structure with its exterior and interior finish.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+20%
GrowthCurrent:AED 1,842/sqft
Last 12M:AED 1,531/sqft
Momentum: Last 12Mvs Prior Year
Rising+36%
GrowthLast 12M:AED 1,531/sqft
Prior Year:AED 1,126/sqft
Community Compare: Last 90DJumeirah Islands
Discount-15%
Below AvgProject:AED 1,842/sqft
Community:AED 2,166/sqft
Liquidity: Last 12MExit Speed
Moderate15%Turnover
83Sold (Last 12M)
Supply & Demand Matrix
DUBAI STAR averaged 15% 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
Studio
34 units
3 sold31 left
9%
Velocity
1 Bedroom
190 units
11 sold179 left
6%
Velocity
4 Bedrooms
6 units
0 sold6 left
0%
Velocity
Shop
25 units
2 sold23 left
8%
Velocity
Office
299 units
67 sold232 left
22%
Velocity
Layouts & Units (554)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 27-43 | Inventory 34units 4 layouts · Typically 0.8 parking | Size Range 193-500sqft | Price Range AED 350K - AED 710K | Avg PSF 1,066 | Sales 19 | Trend — | |
Asset Class 1 Bed FlatFloors 27-45 | Inventory 190units 20 layouts · Typically 1 parking 6-10 sqm balcony | Size Range 184-1,273sqft | Price Range AED 278K - AED 1.5M | Avg PSF 957 | Sales 112 | Trend — | |
Asset Class 2 Bed Flat | Inventory 0units | Size Range 1,211-1,273sqft | Price Range — | Avg PSF 636 | Sales 0 | Trend — | |
Asset Class 4 Bed FlatFloors 44-45 | Inventory 6units 5 layouts · Typically 1.7 parking 17-397 sqm balcony | Size Range 2,548-6,728sqft | Price Range AED 1.2M - AED 2.1M | Avg PSF 832 | Sales 2 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 696-784sqft | Price Range — | Avg PSF 2,163 | Sales 0 | Trend — | |
Asset Class OfficeFloors 1-25 | Inventory 299units 21 layouts · Typically 1 parking 6-10 sqm balcony | Size Range 348-2,212sqft | Price Range AED 163K - AED 2.7M | Avg PSF 888 | Sales 254 | Trend — | |
Asset Class ShopPodium | Inventory 25units 23 layouts · Typically 1 parking | Size Range 216-1,489sqft | Price Range AED 500K - AED 3.6M | Avg PSF 1,295 | Sales 11 | Trend — | |
Asset Class Villa | Inventory 0units | Size Range 17,761-17,761sqft | Price Range — | Avg PSF 1,267 | Sales 0 | Trend — |
Grouped into 8 asset classes covering 554 units