Binghatti Gardenia
ResaleDeveloperBinghatti Developers FZE
CommunityJumeirah Village Circle
Started
2 years 8 months ago25-05-2023
Handover
1 year 6 months ago25-07-2024
Status
CompleteFinished
Project Description
Mixed Use Building (Residential & Commercial)(G+5P+33R)+Retails@GF
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+6%Growth
Current:AED 1,687/sqft
Last 12M:AED 1,592/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DJumeirah Village Circle
Premium+34%Above Avg
Project:AED 1,687/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate19%Turnover
58Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,376/sqft
Range:AED 791 – AED 4K
Avg Unit:AED 83K/yr
Leasing Volume: L12MContracts Signed
Very Active197Total
New:197
Renew:0
Tenant RetentionRenewal Rate
Low0%renewals
100% new tenants0% renewals
Gross YieldAnnual Return
High Yield81.6%Yield
Rent:AED 1,376/sqft
Price:AED 1,687/sqft
Supply & Demand Matrix
Binghatti Gardenia averaged 19% liquidity over the last 12 months, which is considered moderate. 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
59 units
9 sold50 left
15%
Velocity
1 Bedroom
180 units
40 sold140 left
22%
Velocity
2 Bedrooms
58 units
7 sold51 left
12%
Velocity
3 Bedrooms
8 units
2 sold6 left
25%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (308)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-32 | Inventory 59units 5 layouts · Typically 1 parking 5-19 sqm balcony | Size Range 313-651sqft | Price Range AED 617K - AED 740K | Avg PSF 1,839 | Sales 9 | Trend — | |
Asset Class 1 Bed FlatFloors 1-33 | Inventory 180units 23 layouts · Typically 1 parking 5-10 sqm balcony | Size Range 522-658sqft | Price Range AED 810K - AED 1.1M | Avg PSF 1,349 | Sales 40 | Trend — | |
Asset Class 2 Bed FlatFloors 3-33 | Inventory 58units 11 layouts · Typically 1 parking 28-29 sqm balcony | Size Range 558-1,116sqft | Price Range AED 500K - AED 1.8M | Avg PSF 1,223 | Sales 7 | Trend — | |
Asset Class 3 Bed FlatFloors 1-33 | Inventory 8units 4 layouts · Typically 2 parking 38-155 sqm balcony | Size Range 1,719-3,008sqft | Price Range AED 2.5M - AED 2.6M | Avg PSF 1,049 | Sales 2 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 26,510-26,510sqft | Price Range AED 17.2M - AED 17.2M | Avg PSF 1,765 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 3units 3 layouts · Typically 3.7 parking | Size Range 874-3,500sqft | Price Range — | Avg PSF 1,933 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 308 units