LAGUNA TOWER

Resale
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%
Decline
Current:AED 948/sqft
Last 12M:AED 1,223/sqft
Momentum: Last 12Mvs Prior Year
Rising
+10%
Growth
Last 12M:AED 1,223/sqft
Prior Year:AED 1,113/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Discount
-42%
Below Avg
Project:AED 1,000/sqft
Community:AED 1,716/sqft
Liquidity: Last 12MExit Speed
Low
6%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
3%
Velocity
1 Bedroom
210 units
5%
Velocity
2 Bedrooms
60 units
13%
Velocity
3 Bedrooms
31 units
10%
Velocity
PENTHOUSE
4 units
25%
Velocity
Shop
5 units
0%
Velocity
Office
4 units
0%
Velocity

Layouts & Units (485)

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