Aurion Residence
MatureDeveloperARIVON PROPERTES DEVELOPMENT L.L.C
CommunityJumeirah Village Circle
Started
9 years 6 months ago29-06-2016
Handover
6 years 2 months ago28-10-2019
Status
CompleteFinished
Project Description
Residential / Commercial Building G+3p+10 with external and internal finishes
Performance Alpha
Rent Pricing: L12MPer Sqft / Year
AED 911/sqft
Range:AED 117 – AED 2K
Avg Unit:AED 70K/yr
Leasing Volume: L12MContracts Signed
Very Active102Total
New:44
Renew:58
Tenant RetentionRenewal Rate
Good57%renewals
43% new tenants57% renewals
Avg Annual RentPer Unit
AED 70K/year
Based on 102 contracts
Supply & Demand Matrix
Aurion Residence 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
Studio
8 units
0 sold8 left
0%
Velocity
1 Bedroom
92 units
0 sold92 left
0%
Velocity
2 Bedrooms
1 units
0 sold1 left
0%
Velocity
3 Bedrooms
1 units
0 sold1 left
0%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Office
4 units
0 sold4 left
0%
Velocity
Layouts & Units (109)
| Property Type | Contracts (L12M) | Size Range | Rent Range (PSF) | Avg Rent/Sqft | Avg Annual | |
|---|---|---|---|---|---|---|
Property Type Studioapartment | Contracts 46 | Size Range 36-36sqft | Rent Range 667-1,333 | Avg Rent/Sqft 968AED | Avg Annual AED 35K | |
Property Type 1bed room+Hallapartment | Contracts 296 | Size Range 56-202sqft | Rent Range 272-1,241 | Avg Rent/Sqft 771AED | Avg Annual AED 50K | |
Property Type 2 bed rooms+hallapartment | Contracts 232 | Size Range 101-192sqft | Rent Range 260-6,408 | Avg Rent/Sqft 686AED | Avg Annual AED 73K | |
Property Type 3 bed rooms+hallapartment | Contracts 5 | Size Range 270-270sqft | Rent Range 333-519 | Avg Rent/Sqft 426AED | Avg Annual AED 115K | |
Property Type Officeoffice | Contracts 24 | Size Range 134-257sqft | Rent Range 117-1,128 | Avg Rent/Sqft 349AED | Avg Annual AED 69K | |
Property Type Shopretail | Contracts 15 | Size Range 44-73sqft | Rent Range 1,192-2,045 | Avg Rent/Sqft 1,596AED | Avg Annual AED 93K |
618 rental contracts grouped into 6 property types