Binghatti Orchid
ResaleDeveloperBinghatti Developers FZE
CommunityJumeirah Village Circle
Started
2 years 5 months ago01-08-2023
Status
CompleteFinished
Project Description
B+ G+ 3P+ 21FLOORS+Roof 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+10%
GrowthCurrent:AED 1,421/sqft
Last 12M:AED 1,295/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DJumeirah Village Circle
Premium+13%
Above AvgProject:AED 1,423/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
High38%Turnover
119Sold (Last 12M)
Supply & Demand Matrix
Binghatti Orchid averaged 38% 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
4 units
0 sold4 left
0%
Velocity
1 Bedroom
156 units
74 sold82 left
47%
Velocity
2 Bedrooms
143 units
44 sold99 left
31%
Velocity
Shop
11 units
1 sold10 left
9%
Velocity
Layouts & Units (314)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 18-21 | Inventory 4units 2 layouts · Typically 1 parking ~6 sqm balcony | Size Range 449-454sqft | Price Range — | Avg PSF 1,462 | Sales 0 | Trend — | |
Asset Class 1 Bed FlatFloors 1-21 | Inventory 156units 41 layouts · Typically 1 parking 8-26 sqm balcony | Size Range 704-917sqft | Price Range AED 680K - AED 1.3M | Avg PSF 1,139 | Sales 74 | Trend — | |
Asset Class 2 Bed FlatFloors 1-21 | Inventory 143units 65 layouts · Typically 1 parking 13-101 sqm balcony | Size Range 1,086-2,068sqft | Price Range AED 1.3M - AED 2.7M | Avg PSF 1,054 | Sales 44 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 20,103-20,103sqft | Price Range — | Avg PSF 878 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 11units 11 layouts · Typically 1.1 parking | Size Range 747-1,801sqft | Price Range AED 3.1M - AED 3.1M | Avg PSF 2,131 | Sales 1 | Trend — |
Grouped into 5 asset classes covering 314 units