BELGRAVIA III

Resale
Started
8 years 7 months ago01-06-2017
Handover
4 years ago29-12-2021
Status
CompleteFinished
Project Description

PROJECT CONSISTS OF G+P+4+R RESIDENTIAL APARTMENTS 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
Stable
+2%
Growth
Current:AED 1,496/sqft
Last 12M:AED 1,470/sqft
Momentum: Last 12Mvs Prior Year
Rising
+6%
Growth
Last 12M:AED 1,470/sqft
Prior Year:AED 1,381/sqft
Community Compare: Last 90DJumeirah Village Circle
Premium
+19%
Above Avg
Project:AED 1,496/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Low
8%Turnover
20Sold (Last 12M)

Supply & Demand Matrix

BELGRAVIA III averaged 8% 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
28 units
4%
Velocity
1 Bedroom
162 units
9%
Velocity
2 Bedrooms
70 units
7%
Velocity

Layouts & Units (260)

Asset Class
Studio FlatFloors 1-4
Inventory
28units
16 layouts · Typically 1 parking
5-41 sqm balcony
Size Range
381-931sqft
Price Range
AED 380K - AED 830K
Avg PSF
1,104
Sales
14
Trend
Asset Class
1 Bed FlatFloors 1-4
Inventory
162units
73 layouts · Typically 1 parking
6-48 sqm balcony
Size Range
402-1,394sqft
Price Range
AED 483K - AED 1.4M
Avg PSF
1,080
Sales
113
Trend
Asset Class
2 Bed FlatPodium + Floors 1-4
Inventory
70units
50 layouts · Typically 1.2 parking
15-55 sqm balcony
Size Range
1,066-2,311sqft
Price Range
AED 1.1M - AED 2.4M
Avg PSF
947
Sales
40
Trend
Asset Class
Building
Inventory
0units
Size Range
107,217-107,217sqft
Price Range
AED 28.1M - AED 37.0M
Avg PSF
281
Sales
2
Trend

Grouped into 4 asset classes covering 260 units