Binghatti Tulip
ResaleDeveloperBinghatti Developers FZE
CommunityJumeirah Village Circle
Started
2 years 3 months ago25-10-2023
Status
CompleteFinished
Project Description
B+G+5P+30F+R Residential, The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+5%Growth
Current:AED 1,720/sqft
Last 12M:AED 1,631/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DJumeirah Village Circle
Premium+36%Above Avg
Project:AED 1,709/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate18%Turnover
50Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,362/sqft
Range:AED 467 – AED 3K
Avg Unit:AED 84K/yr
Leasing Volume: L12MContracts Signed
Very Active181Total
New:181
Renew:0
Tenant RetentionRenewal Rate
Low0%renewals
100% new tenants0% renewals
Gross YieldAnnual Return
High Yield79.2%Yield
Rent:AED 1,362/sqft
Price:AED 1,720/sqft
Supply & Demand Matrix
Binghatti Tulip averaged 18% 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
58 units
11 sold47 left
19%
Velocity
1 Bedroom
160 units
28 sold132 left
18%
Velocity
2 Bedrooms
46 units
2 sold44 left
4%
Velocity
3 Bedrooms
12 units
9 sold3 left
75%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (279)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-30 | Inventory 58units 11 layouts · Typically 1 parking 4-16 sqm balcony | Size Range 302-646sqft | Price Range AED 300K - AED 750K | Avg PSF 1,723 | Sales 11 | Trend — | |
Asset Class 1 Bed FlatFloors 1-30 | Inventory 160units 21 layouts · Typically 1 parking 4-12 sqm balcony | Size Range 307-665sqft | Price Range AED 480K - AED 1.1M | Avg PSF 1,396 | Sales 28 | Trend — | |
Asset Class 2 Bed FlatFloors 1-29 | Inventory 46units 13 layouts · Typically 1 parking 33-145 sqm balcony | Size Range 1,140-2,652sqft | Price Range AED 1.5M - AED 2.0M | Avg PSF 1,158 | Sales 2 | Trend — | |
Asset Class 3 Bed FlatFloors 19-29 | Inventory 12units 4 layouts · Typically 2 parking ~42 sqm balcony | Size Range 1,836-1,845sqft | Price Range AED 2.5M - AED 3.0M | Avg PSF 1,150 | Sales 9 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 24,280-24,280sqft | Price Range AED 21.4M - AED 21.5M | Avg PSF 884 | Sales 2 | Trend — | |
Asset Class ShopPodium | Inventory 3units 3 layouts · Typically 3.3 parking | Size Range 282-4,199sqft | Price Range — | Avg PSF 1,963 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 279 units