JUMEIRAH PARK

Mature
CommunityJumeirah Park
Started
13 years 8 months ago02-05-2012
Handover
11 years 10 months ago26-02-2014
Status
CompleteFinished
Project Description

Freehold residential villa development located in Al Thanyah 5. The project originally consisted of 2760 G+1 villas, now its reduced to 1802 villas only. The villas are being built as a concrete structure with external and internal finishing. The project also includes infrastructure and landscaping within the compound.

Performance Alpha

Sales Performance

Market Sales: Last 90Dvs Last 12M Baseline
Rising
+7%Growth
Current:AED 1,262/sqft
Last 12M:AED 1,174/sqft
Momentum: Last 12Mvs Prior Year
Rising
+24%Growth
Last 12M:AED 1,174/sqft
Prior Year:AED 943/sqft
Community Compare: Last 90DJumeirah Park
Premium
+16%Above Avg
Project:AED 1,262/sqft
Community:AED 1,090/sqft
Liquidity: Last 12MExit Speed
High
5450%Turnover
109Sold (Last 12M)

Rental Performance

Rent Pricing: L12MPer Sqft / Year
AED 508/sqft
Range:AED 74AED 3K
Avg Unit:AED 351K/yr
Leasing Volume: L12MContracts Signed
Very Active
571Total
New:264
Renew:307
Tenant RetentionRenewal Rate
Good
54%renewals
46% new tenants54% renewals
Gross YieldAnnual Return
High Yield
40.3%Yield
Rent:AED 508/sqft
Price:AED 1,262/sqft

Supply & Demand Matrix

JUMEIRAH PARK averaged 0% 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
Shop
2 units
0%
Velocity

Layouts & Units (2)

Asset Class
Land
Inventory
0units
Size Range
614-8,962sqft
Price Range
AED 185K - AED 12.0M
Avg PSF
882
Sales
2
Trend
Asset Class
ShopPodium + Floor 1
Inventory
2units
2 layouts
Size Range
14,219-15,859sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
Villa
Inventory
0units
Size Range
616-14,358sqft
Price Range
AED 125K - AED 15.3M
Avg PSF
600
Sales
778
Trend

Grouped into 3 asset classes covering 2 units

JUMEIRAH PARK in Jumeirah Park - Prices and Units | Property Index