ARIA

Resale

DeveloperGROVY REAL ESTATE DEVELOPMENT L.L.C

CommunityJumeirah Village Circle

AreaAl Barsha South Fourth

Started

7 years ago06-01-2019

Handover

4 years 10 months ago10-03-2021

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF B+G+4+R RESIDENTIAL BUILDING LOCATED IN AL BARSHA SOUTH FOURTH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline

—No recent sales

Momentum: Last 12Mvs Prior Year

Rising

+3%

Growth

Last 12M:AED 1,360/sqft

Prior Year:AED 1,315/sqft

Community Compare: Last 90DJumeirah Village Circle

—No recent sales

Liquidity: Last 12MExit Speed

Low

9%Turnover

11Sold (Last 12M)

Supply & Demand Matrix

ARIA averaged 9% 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

29 units

2 sold27 left

Velocity

1 Bedroom

79 units

6 sold73 left

Velocity

2 Bedrooms

17 units

3 sold14 left

18%

Velocity

Layouts & Units (125)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class Studio FlatPodium + Floors 1-3	Inventory 29units 24 layouts · Typically 1 parking 5-14 sqm balcony	Size Range 373-580sqft	Price Range AED 410K - AED 800K	Avg PSF 1,130	Sales 11	Trend —

Asset Class 1 Bed FlatFloors 1-4	Inventory 79units 43 layouts · Typically 1 parking 4-54 sqm balcony	Size Range 631-1,188sqft	Price Range AED 600K - AED 1.1M	Avg PSF 942	Sales 22	Trend —

Asset Class 2 Bed FlatPodium + Floors 1-4	Inventory 17units 13 layouts · Typically 1 parking 10-97 sqm balcony	Size Range 1,168-1,948sqft	Price Range AED 1.1M - AED 1.5M	Avg PSF 833	Sales 6	Trend —

Asset Class Building	Inventory 0units	Size Range 37,781-37,781sqft	Price Range AED 4.7M - AED 13.3M	Avg PSF 271	Sales 3	Trend —

Grouped into 4 asset classes covering 125 units