Binghatti Amber
ResaleDeveloperBinghatti Developers FZE
CommunityJumeirah Village Circle
Started
2 years 7 months ago01-06-2023
Handover
1 year 2 months ago30-10-2024
Status
CompleteFinished
Project Description
Mixed use Building (UG+ G+ 4P+19+R)
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+7%Growth
Current:AED 1,515/sqft
Last 12M:AED 1,420/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DJumeirah Village Circle
Premium+21%Above Avg
Project:AED 1,515/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
High24%Turnover
160Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,238/sqft
Range:AED 28 – AED 4K
Avg Unit:AED 89K/yr
Leasing Volume: L12MContracts Signed
Very Active443Total
New:441
Renew:2
Tenant RetentionRenewal Rate
Low0%renewals
100% new tenants0% renewals
Gross YieldAnnual Return
High Yield81.7%Yield
Rent:AED 1,238/sqft
Price:AED 1,515/sqft
Supply & Demand Matrix
Binghatti Amber averaged 24% liquidity over the last 12 months, which is considered high. 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
58 units
16 sold42 left
28%
Velocity
1 Bedroom
502 units
127 sold375 left
25%
Velocity
2 Bedrooms
78 units
15 sold63 left
19%
Velocity
3 Bedrooms
2 units
0 sold2 left
0%
Velocity
Shop
18 units
2 sold16 left
11%
Velocity
Layouts & Units (658)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-16 | Inventory 58units 13 layouts · Typically 1 parking 6-8 sqm balcony | Size Range 358-463sqft | Price Range AED 660K - AED 775K | Avg PSF 1,292 | Sales 16 | Trend — | |
Asset Class 1 Bed FlatFloors 1-19 | Inventory 502units 100 layouts · Typically 1 parking 11-32 sqm balcony | Size Range 172-1,418sqft | Price Range AED 300K - AED 1.4M | Avg PSF 1,136 | Sales 127 | Trend — | |
Asset Class 2 Bed FlatFloors 1-19 | Inventory 78units 33 layouts · Typically 1.1 parking 21-75 sqm balcony | Size Range 1,162-1,776sqft | Price Range AED 1.4M - AED 1.9M | Avg PSF 946 | Sales 15 | Trend — | |
Asset Class 3 Bed FlatFloor 16 | Inventory 2units 2 layouts · Typically 2 parking ~92 sqm balcony | Size Range 2,295-2,404sqft | Price Range — | Avg PSF 776 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 62,581-62,581sqft | Price Range AED 44.0M - AED 44.0M | Avg PSF 785 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 18units 18 layouts · Typically 1.7 parking 12-17 sqm balcony | Size Range 774-1,714sqft | Price Range AED 3.4M - AED 5.0M | Avg PSF 2,165 | Sales 2 | Trend — |
Grouped into 6 asset classes covering 658 units