ALEF NOON RESIDENCE
ResaleCommunityJumeirah Village Circle
Started
3 years 2 months ago14-11-2022
Handover
9 months ago31-03-2025
Status
CompleteFinished
Project Description
B+G+3P+16+R ,Residential building with retails at ground floor.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Stable+2%Growth
Current:AED 1,328/sqft
Last 12M:AED 1,296/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DJumeirah Village Circle
Premium+5%Above Avg
Project:AED 1,320/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
13Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,072/sqft
Range:AED 848 – AED 4K
Avg Unit:AED 105K/yr
Leasing Volume: L12MContracts Signed
Very Active76Total
New:76
Renew:0
Tenant RetentionRenewal Rate
Low0%renewals
100% new tenants0% renewals
Gross YieldAnnual Return
High Yield80.7%Yield
Rent:AED 1,072/sqft
Price:AED 1,328/sqft
Supply & Demand Matrix
ALEF NOON RESIDENCE averaged 12% liquidity over the last 12 months, which is considered moderate. 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
16 units
8 sold8 left
50%
Velocity
1 Bedroom
95 units
5 sold90 left
5%
Velocity
Shop
2 units
0 sold2 left
0%
Velocity
Layouts & Units (113)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-16 | Inventory 16units 3 layouts · Typically 1 parking 6-11 sqm balcony | Size Range 448-453sqft | Price Range AED 470K - AED 800K | Avg PSF 1,219 | Sales 8 | Trend — | |
Asset Class 1 Bed FlatFloors 1-16 | Inventory 95units 20 layouts · Typically 1 parking 9-31 sqm balcony | Size Range 683-1,365sqft | Price Range AED 975K - AED 1.8M | Avg PSF 966 | Sales 5 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 15,455-15,455sqft | Price Range AED 13.6M - AED 13.6M | Avg PSF 2,537 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 2units 2 layouts · Typically 1 parking | Size Range 561-642sqft | Price Range — | Avg PSF 2,023 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 113 units