Beverly Residence 2
HandoverDeveloperH M B HOMES REAL ESTATE DEVELOPMENT
CommunityJumeirah Village Circle
Started
2 years 7 months ago01-06-2023
Status
88% BuiltIn Progress
Project Description
G+P+5+R Residential.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+17%
GrowthCurrent:AED 1,711/sqft
Last 12M:AED 1,460/sqft
Momentum: Last 12Mvs Prior Year
Rising+4%
GrowthLast 12M:AED 1,460/sqft
Prior Year:AED 1,398/sqft
Community Compare: Last 90DJumeirah Village Circle
Premium+36%
Above AvgProject:AED 1,711/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
High23%Turnover
25Sold (Last 12M)
Supply & Demand Matrix
Beverly Residence 2 averaged 23% liquidity over the last 12 months, which is considered high. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
Studio
47 units
11 sold36 left
23%
Velocity
1 Bedroom
59 units
13 sold46 left
22%
Velocity
2 Bedrooms
2 units
1 sold1 left
50%
Velocity
Layouts & Units (108)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-5 | Inventory 47units 27 layouts · Typically 1 parking 4-10 sqm balcony | Size Range 387-467sqft | Price Range AED 487K - AED 800K | Avg PSF 1,501 | Sales 46 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-5 | Inventory 59units 43 layouts · Typically 1 parking 6-46 sqm balcony | Size Range 602-1,096sqft | Price Range AED 825K - AED 1.3M | Avg PSF 1,351 | Sales 54 | Trend — | |
Asset Class 2 Bed FlatFloors 4-5 | Inventory 2units 2 layouts · Typically 1 parking 29-83 sqm balcony | Size Range 1,268-1,849sqft | Price Range AED 1.5M - AED 1.8M | Avg PSF 1,061 | Sales 2 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 27,662-27,662sqft | Price Range AED 6.9M - AED 9.9M | Avg PSF 304 | Sales 2 | Trend — |
Grouped into 4 asset classes covering 108 units