BELGRAVIA HEIGHTS I
ResaleCommunityJumeirah Village Circle
Started
8 years 2 months ago01-11-2017
Handover
3 years 2 months ago30-10-2022
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF G+4P+16+R RESIDENTIAL BUILDING WITH RETAIL AT GROUND FLOOR LOCATED IN AL BARSHA SOUTH FOURTH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+9%Growth
Current:AED 1,506/sqft
Last 12M:AED 1,380/sqft
Momentum: Last 12Mvs Prior Year
Falling-4%Decline
Last 12M:AED 1,380/sqft
Prior Year:AED 1,443/sqft
Community Compare: Last 90DJumeirah Village Circle
Premium+20%Above Avg
Project:AED 1,506/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
14Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,158/sqft
Range:AED 497 – AED 2K
Avg Unit:AED 93K/yr
Leasing Volume: L12MContracts Signed
Very Active112Total
New:70
Renew:42
Tenant RetentionRenewal Rate
Fair38%renewals
62% new tenants38% renewals
Gross YieldAnnual Return
High Yield76.9%Yield
Rent:AED 1,158/sqft
Price:AED 1,506/sqft
Supply & Demand Matrix
BELGRAVIA HEIGHTS I 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
16 units
1 sold15 left
6%
Velocity
1 Bedroom
94 units
10 sold84 left
11%
Velocity
2 Bedrooms
45 units
3 sold42 left
7%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (156)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-9 | Inventory 16units 3 layouts · Typically 1 parking 4-61 sqm balcony | Size Range 405-1,019sqft | Price Range AED 426K - AED 715K | Avg PSF 1,185 | Sales 8 | Trend — | |
Asset Class 1 Bed FlatFloors 1-15 | Inventory 94units 14 layouts · Typically 1 parking 3-90 sqm balcony | Size Range 726-1,736sqft | Price Range AED 820K - AED 1.4M | Avg PSF 1,057 | Sales 47 | Trend — | |
Asset Class 2 Bed FlatFloors 1-15 | Inventory 45units 7 layouts · Typically 1 parking 8-155 sqm balcony | Size Range 548-2,672sqft | Price Range AED 1.1M - AED 2.1M | Avg PSF 1,079 | Sales 20 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 24,098-24,098sqft | Price Range AED 17.0M - AED 17.0M | Avg PSF 704 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 4 parking | Size Range 1,563-1,567sqft | Price Range — | Avg PSF 1,386 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 156 units