PALLADIUM
MatureDeveloperETA STAR PROPERTY DEVELOPERS L.L.C
CommunityJumeirah Lakes Towers
AreaAl Thanyah Fifth
Started
18 years 5 months ago21-08-2007
Handover
18 years 2 months ago12-11-2007
Status
CompleteFinished
Project Description
Commercial and Residential Tower located in Jumeirah Lake Towers. The project consisting of 3B = G = 34 floors.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Rising+7%
GrowthCurrent:AED 1,497/sqft
Last 12M:AED 1,395/sqft
Momentum: Last 12Mvs Prior Year
Rising+14%
GrowthLast 12M:AED 1,395/sqft
Prior Year:AED 1,229/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Discount-13%
Below AvgProject:AED 1,497/sqft
Community:AED 1,716/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
25Sold (Last 12M)
Supply & Demand Matrix
PALLADIUM averaged 8% 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
28 units
1 sold27 left
4%
Velocity
2 Bedrooms
148 units
16 sold132 left
11%
Velocity
3 Bedrooms
36 units
5 sold31 left
14%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Office
102 units
3 sold99 left
3%
Velocity
Layouts & Units (320)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 11-24 | Inventory 28units Typically 1 parking ~6 sqm balcony | Size Range 993-993sqft | Price Range AED 451K - AED 1.3M | Avg PSF 767 | Sales 42 | Trend — | |
Asset Class 2 Bed FlatFloors 11-33 | Inventory 148units 2 layouts · Typically 1 parking ~7 sqm balcony | Size Range 288-1,187sqft | Price Range AED 289K - AED 2.3M | Avg PSF 878 | Sales 248 | Trend — | |
Asset Class 3 Bed FlatFloors 25-33 | Inventory 36units Typically 1 parking ~18 sqm balcony | Size Range 948-3,794sqft | Price Range AED 1.0M - AED 2.8M | Avg PSF 890 | Sales 58 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 17,760-17,760sqft | Price Range — | Avg PSF 985 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 993-1,153sqft | Price Range — | Avg PSF 4,836 | Sales 0 | Trend — | |
Asset Class OfficeFloors 1-10 | Inventory 102units 17 layouts · Typically 1 parking 4-19 sqm balcony | Size Range 250-1,742sqft | Price Range AED 190K - AED 2.3M | Avg PSF 933 | Sales 185 | Trend — | |
Asset Class ShopFloor 1 | Inventory 6units 5 layouts · Typically 1 parking ~90 sqm balcony | Size Range 568-3,982sqft | Price Range AED 400K - AED 2.4M | Avg PSF 892 | Sales 8 | Trend — |
Grouped into 7 asset classes covering 320 units