ME DO RE 2
HandoverDeveloperME DO RE DEVELOPMENTS DMCC
CommunityJumeirah Islands
AreaAl Thanyah Fifth
Started
5 years 3 months ago11-10-2020
Handover
25 days ago31-12-2025
Status
95% BuiltIn Progress
Project Description
4B+1UB+G+39Floor+1 Mech Floor+Roof+Upper Roof Residential Building located on Plot No. 26, Cluster G, Jumeirah Lakes Towers, Dubai, UAE
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+15%
GrowthCurrent:AED 2,592/sqft
Last 12M:AED 2,262/sqft
Momentum: Last 12Mvs Prior Year
Stable+2%
GrowthLast 12M:AED 2,262/sqft
Prior Year:AED 2,214/sqft
Community Compare: Last 90DJumeirah Islands
Premium+20%
Above AvgProject:AED 2,592/sqft
Community:AED 2,166/sqft
Liquidity: Last 12MExit Speed
High33%Turnover
133Sold (Last 12M)
Supply & Demand Matrix
ME DO RE 2 averaged 33% liquidity over the last 12 months, which is considered high. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
Studio
68 units
2 sold66 left
3%
Velocity
1 Bedroom
204 units
87 sold117 left
43%
Velocity
2 Bedrooms
103 units
33 sold70 left
32%
Velocity
3 Bedrooms
19 units
11 sold8 left
58%
Velocity
4 Bedrooms
2 units
0 sold2 left
0%
Velocity
Shop
11 units
0 sold11 left
0%
Velocity
Layouts & Units (407)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-19 | Inventory 68units 28 layouts · Typically 1 parking 4-8 sqm balcony | Size Range 218-628sqft | Price Range AED 834K - AED 1.3M | Avg PSF 2,422 | Sales 58 | Trend — | |
Asset Class 1 Bed FlatFloors 2-39 | Inventory 204units 71 layouts · Typically 1 parking 4-46 sqm balcony | Size Range 771-1,376sqft | Price Range AED 1.5M - AED 3.2M | Avg PSF 2,141 | Sales 161 | Trend — | |
Asset Class 2 Bed FlatFloors 3-39 | Inventory 103units 32 layouts · Typically 1 parking 5-19 sqm balcony | Size Range 992-1,326sqft | Price Range AED 2.1M - AED 3.4M | Avg PSF 2,257 | Sales 87 | Trend — | |
Asset Class 3 Bed FlatFloors 21-39 | Inventory 19units 2 layouts · Typically 1 parking ~13 sqm balcony | Size Range 2,009-2,010sqft | Price Range AED 4.6M - AED 5.2M | Avg PSF 2,353 | Sales 17 | Trend — | |
Asset Class 4 Bed FlatFloor 40 | Inventory 2units 2 layouts · Typically 1 parking 144-174 sqm balcony | Size Range 5,787-5,952sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 17,761-20,344sqft | Price Range AED 90.0M - AED 90.0M | Avg PSF 6,230 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 11units 11 layouts · Typically 1 parking | Size Range 773-2,036sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 7 asset classes covering 407 units