LAGUNA TOWER
ResaleDeveloperLAGUNA TOWER RESIDENCE FZE
CommunityJumeirah Lakes Towers
AreaAl Thanyah Fifth
Started
19 years 1 month ago04-12-2006
Handover
13 years 4 months ago30-08-2012
Status
CompleteFinished
Project Description
Mixed Residential / Hotel tower development located at the business hub at Jumeirah Lakes Towers. It is designed and constructed as a 3B+G+P+41 storey high tower built as a concrete structure. The residential part of the tower starts from the 9th floor while the bottom floors will house the Movenpick Hotel, the Ground Floor is shared.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-22%
DeclineCurrent:AED 948/sqft
Last 12M:AED 1,223/sqft
Momentum: Last 12Mvs Prior Year
Rising+10%
GrowthLast 12M:AED 1,223/sqft
Prior Year:AED 1,113/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Discount-42%
Below AvgProject:AED 1,000/sqft
Community:AED 1,716/sqft
Liquidity: Last 12MExit Speed
Low6%Turnover
28Sold (Last 12M)
Supply & Demand Matrix
LAGUNA TOWER averaged 6% liquidity over the last 12 months, which is considered low. 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
170 units
5 sold165 left
3%
Velocity
1 Bedroom
210 units
11 sold199 left
5%
Velocity
2 Bedrooms
60 units
8 sold52 left
13%
Velocity
3 Bedrooms
31 units
3 sold28 left
10%
Velocity
PENTHOUSE
4 units
1 sold3 left
25%
Velocity
Shop
5 units
0 sold5 left
0%
Velocity
Office
4 units
0 sold4 left
0%
Velocity
Layouts & Units (485)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 9-12 | Inventory 30units 8 layouts · Typically 1 parking 9-12 sqm balcony | Size Range 314-7,365sqft | Price Range AED 330K - AED 950K | Avg PSF 928 | Sales 19 | Trend — | |
Asset Class Flat | Inventory 0units | Size Range 3,377-6,022sqft | Price Range AED 1.9M - AED 5.7M | Avg PSF 709 | Sales 7 | Trend — | |
Asset Class 1 Bed FlatFloors 9-39 | Inventory 182units 35 layouts · Typically 1 parking 5-24 sqm balcony | Size Range 327-1,473sqft | Price Range AED 13K - AED 2.0M | Avg PSF 908 | Sales 154 | Trend — | |
Asset Class 2 Bed FlatFloors 13-36 | Inventory 60units 5 layouts · Typically 1 parking 6-9 sqm balcony | Size Range 757-2,049sqft | Price Range AED 1.2M - AED 2.6M | Avg PSF 899 | Sales 46 | Trend — | |
Asset Class 3 Bed FlatFloors 13-39 | Inventory 31units 5 layouts · Typically 1.5 parking ~38 sqm balcony | Size Range 1,977-2,589sqft | Price Range AED 1.3M - AED 4.8M | Avg PSF 869 | Sales 32 | Trend — | |
Asset Class 22 Bed FlatFloor 41 | Inventory 4units 4 layouts · Typically 2 parking 6-161 sqm balcony | Size Range 3,377-6,022sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 17,760-17,760sqft | Price Range — | Avg PSF 1,672 | Sales 0 | Trend — | |
Asset Class 49 Bed GymnasiumFloor 1 | Inventory 1units Typically 1 parking | Size Range 11,095-11,095sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Gymnasium | Inventory 0units | Size Range 11,095-11,095sqft | Price Range — | Avg PSF 632 | Sales 0 | Trend — | |
Asset Class Hotel ApartmentFloors 2-8 | Inventory 140units 10 layouts · Typically 1 parking 2-12 sqm balcony | Size Range 94-657sqft | Price Range AED 300K - AED 1.0M | Avg PSF 1,356 | Sales 54 | Trend — | |
Asset Class 1 Bed Hotel ApartmentFloors 2-8 | Inventory 28units 3 layouts · Typically 1 parking ~11 sqm balcony | Size Range 684-888sqft | Price Range AED 1.0M - AED 1.4M | Avg PSF 1,427 | Sales 8 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 951-1,238sqft | Price Range — | Avg PSF 2,144 | Sales 0 | Trend — | |
Asset Class OfficeFloors 1-20 | Inventory 4units 4 layouts · Typically 1 parking | Size Range 355-4,315sqft | Price Range — | Avg PSF 737 | Sales 0 | Trend — | |
Asset Class ShopFloor 1 | Inventory 5units 5 layouts · Typically 1.2 parking | Size Range 95-16,306sqft | Price Range — | Avg PSF 1,422 | Sales 0 | Trend — |
Grouped into 14 asset classes covering 485 units