Orra The Embankment
HandoverDeveloperORRA REAL ESTATE DEVELOPMENT L.L.C
CommunityJumeirah Islands
AreaAl Thanyah Fifth
Started
12 years 1 month ago18-12-2013
Handover
2 years 5 months ago01-08-2023
Status
95% BuiltIn Progress
Project Description
PROJECT CONSISTS OF 4B+G+M+3P+44 MIXED USED TOWER LOCATED IN AL THANYAH FIFTH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-23%
DeclineCurrent:AED 1,010/sqft
Last 12M:AED 1,314/sqft
Momentum: Last 12Mvs Prior Year
Rising+138%
GrowthLast 12M:AED 1,314/sqft
Prior Year:AED 553/sqft
Community Compare: Last 90DJumeirah Islands
Discount-53%
Below AvgProject:AED 1,010/sqft
Community:AED 2,166/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
55Sold (Last 12M)
Supply & Demand Matrix
Orra The Embankment averaged 11% liquidity over the last 12 months, which is considered moderate. 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
64 units
0 sold64 left
0%
Velocity
1 Bedroom
228 units
25 sold203 left
11%
Velocity
2 Bedrooms
115 units
29 sold86 left
25%
Velocity
3 Bedrooms
11 units
0 sold11 left
0%
Velocity
4 Bedrooms
29 units
1 sold28 left
3%
Velocity
5 Bedrooms
4 units
0 sold4 left
0%
Velocity
Shop
33 units
0 sold33 left
0%
Velocity
Office
3 units
0 sold3 left
0%
Velocity
9 Bedrooms
2 units
0 sold2 left
0%
Velocity
Layouts & Units (489)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloor 3 | Inventory 22units 22 layouts · Typically 1 parking 5-15 sqm balcony | Size Range 589-1,030sqft | Price Range AED 471K - AED 1.2M | Avg PSF 959 | Sales 22 | Trend — | |
Asset Class 1 Bed FlatFloors 3-34 | Inventory 145units 14 layouts · Typically 1 parking 7-12 sqm balcony | Size Range 688-1,494sqft | Price Range AED 251K - AED 2.5M | Avg PSF 1,003 | Sales 167 | Trend — | |
Asset Class 2 Bed FlatFloors 5-34 | Inventory 90units 8 layouts · Typically 1 parking ~21 sqm balcony | Size Range 1,230-1,823sqft | Price Range AED 444K - AED 3.5M | Avg PSF 1,096 | Sales 107 | Trend — | |
Asset Class 3 Bed FlatFloors 35-44 | Inventory 11units 3 layouts · Typically 1 parking 29-30 sqm balcony | Size Range 1,316-2,640sqft | Price Range AED 707K - AED 5.8M | Avg PSF 506 | Sales 12 | Trend — | |
Asset Class 4 Bed FlatFloors 35-44 | Inventory 29units 3 layouts · Typically 1 parking 29-30 sqm balcony | Size Range 1,300-4,835sqft | Price Range AED 690K - AED 1.6M | Avg PSF 447 | Sales 31 | Trend — | |
Asset Class 5 Bed FlatFloor 45 | Inventory 4units 4 layouts · Typically 1 parking 59-60 sqm balcony | Size Range 4,760-4,850sqft | Price Range AED 1.4M - AED 1.4M | Avg PSF 299 | Sales 5 | Trend — | |
Asset Class 9 Bed FlatFloor 47 | Inventory 2units 2 layouts · Typically 1 parking ~123 sqm balcony | Size Range 4,760-9,655sqft | Price Range AED 1.4M - AED 1.4M | Avg PSF 299 | Sales 2 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 56,672-56,672sqft | Price Range AED 57.9M - AED 57.9M | Avg PSF 1,021 | Sales 2 | Trend — | |
Asset Class 1 Bed Hotel ApartmentFloors 4-16 | Inventory 83units 17 layouts · Typically 1 parking 7-13 sqm balcony | Size Range 726-1,438sqft | Price Range AED 218K - AED 431K | Avg PSF 990 | Sales 83 | Trend — | |
Asset Class Hotel ApartmentFloors 3-16 | Inventory 42units 31 layouts · Typically 1 parking 5-18 sqm balcony | Size Range 379-1,121sqft | Price Range AED 114K - AED 336K | Avg PSF 1,082 | Sales 42 | Trend — | |
Asset Class 2 Bed Hotel ApartmentFloors 4-16 | Inventory 25units 3 layouts · Typically 1 parking 10-20 sqm balcony | Size Range 1,130-1,292sqft | Price Range AED 342K - AED 388K | Avg PSF 985 | Sales 25 | Trend — | |
Asset Class Office | Inventory 3units 3 layouts · Typically 1 parking | Size Range 1,132-3,959sqft | Price Range AED 453K - AED 1.4M | Avg PSF 397 | Sales 4 | Trend — | |
Asset Class ShopPodium + Floors 1-26 | Inventory 33units 27 layouts · Typically 1 parking 10-21 sqm balcony | Size Range 835-5,927sqft | Price Range AED 288K - AED 1.5M | Avg PSF 369 | Sales 9 | Trend — |
Grouped into 13 asset classes covering 489 units