Binghatti Onyx
ResaleDeveloperBinghatti Developers FZE
CommunityJumeirah Village Circle
Started
2 years 10 months ago23-03-2023
Handover
1 year 3 months ago01-10-2024
Status
CompleteFinished
Project Description
B+ G+ 4Podium+ 36 Typical Floors+ Roof.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable+1%
GrowthCurrent:AED 1,479/sqft
Last 12M:AED 1,462/sqft
Momentum: Last 12Mvs Prior Year
Rising+16%
GrowthLast 12M:AED 1,462/sqft
Prior Year:AED 1,262/sqft
Community Compare: Last 90DJumeirah Village Circle
Premium+18%
Above AvgProject:AED 1,479/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
High25%Turnover
126Sold (Last 12M)
Supply & Demand Matrix
Binghatti Onyx averaged 25% 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
1 Bedroom
340 units
86 sold254 left
25%
Velocity
2 Bedrooms
155 units
39 sold116 left
25%
Velocity
Shop
12 units
1 sold11 left
8%
Velocity
Layouts & Units (507)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-36 | Inventory 340units 65 layouts · Typically 1 parking 11-25 sqm balcony | Size Range 356-1,596sqft | Price Range AED 285K - AED 1.3M | Avg PSF 1,255 | Sales 94 | Trend — | |
Asset Class 2 Bed FlatFloors 1-35 | Inventory 155units 65 layouts · Typically 1 parking 17-157 sqm balcony | Size Range 859-2,752sqft | Price Range AED 1.6M - AED 2.7M | Avg PSF 1,086 | Sales 41 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 25,486-25,486sqft | Price Range AED 15.0M - AED 15.0M | Avg PSF 977 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 12units 11 layouts · Typically 1.8 parking | Size Range 848-1,735sqft | Price Range AED 3.4M - AED 3.4M | Avg PSF 1,812 | Sales 1 | Trend — |
Grouped into 4 asset classes covering 507 units