LAKESIDE RESIDENCE
MatureDeveloperAL MANAL DEVELOPMENT FZCO
CommunityJumeirah Lakes Towers
AreaAl Thanyah Fifth
Started
19 years 5 months ago17-08-2006
Handover
13 years 1 month ago17-12-2012
Status
CompleteFinished
Project Description
Freehold residential tower development located at the business hub, Jumeirah Lakes Towers. It is designed and constructed as a 2B+G+35+Mech. storey high tower built as a concrete structure with internal and external finishes.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Falling-7%
DeclineCurrent:AED 1,279/sqft
Last 12M:AED 1,372/sqft
Momentum: Last 12Mvs Prior Year
Rising+9%
GrowthLast 12M:AED 1,372/sqft
Prior Year:AED 1,261/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Discount-25%
Below AvgProject:AED 1,279/sqft
Community:AED 1,716/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
26Sold (Last 12M)
Supply & Demand Matrix
LAKESIDE RESIDENCE averaged 7% 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
1 Bedroom
226 units
18 sold208 left
8%
Velocity
2 Bedrooms
132 units
8 sold124 left
6%
Velocity
Layouts & Units (358)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-34 | Inventory 226units 29 layouts · Typically 1 parking 4-112 sqm balcony | Size Range 318-2,015sqft | Price Range AED 13K - AED 1.4M | Avg PSF 1,063 | Sales 177 | Trend — | |
Asset Class 2 Bed FlatFloors 1-34 | Inventory 132units 24 layouts · Typically 1 parking 4-221 sqm balcony | Size Range 144-3,485sqft | Price Range AED 800K - AED 1.9M | Avg PSF 1,023 | Sales 98 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 17,761-17,761sqft | Price Range AED 18.4M - AED 18.4M | Avg PSF 1,034 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 842-3,485sqft | Price Range — | Avg PSF 7,308 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 358 units