Burj Sabah
MatureDeveloperR S G PROPERTY MANAGEMENT L.L.C
CommunityJumeirah Village Circle
Started
9 years 8 months ago15-05-2016
Handover
5 years 11 months ago12-02-2020
Status
CompleteFinished
Project Description
Residential Building comprising of 2B+G+4P+19 Floors, 89 Studios, 113 One Bedroom, 26 Two Bedroom Apartments+2 Retail Shops with external and internal finishes
Performance Alpha
Rent Pricing: L12MPer Sqft / Year
AED 1,276/sqft
Range:AED 473 – AED 2K
Avg Unit:AED 69K/yr
Leasing Volume: L12MContracts Signed
Moderate37Total
New:30
Renew:7
Tenant RetentionRenewal Rate
Low19%renewals
81% new tenants19% renewals
Avg Annual RentPer Unit
AED 69K/year
Based on 37 contracts
Supply & Demand Matrix
Burj Sabah averaged 0% liquidity over the last 12 months, which is considered low. 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
88 units
0 sold88 left
0%
Velocity
1 Bedroom
114 units
0 sold114 left
0%
Velocity
2 Bedrooms
26 units
0 sold26 left
0%
Velocity
Shop
2 units
0 sold2 left
0%
Velocity
Layouts & Units (230)
| Property Type | Contracts (L12M) | Size Range | Rent Range (PSF) | Avg Rent/Sqft | Avg Annual | |
|---|---|---|---|---|---|---|
Property Type Studioapartment | Contracts 164 | Size Range 28-62sqft | Rent Range 513-2,143 | Avg Rent/Sqft 1,270AED | Avg Annual AED 40K | |
Property Type 1bed room+Hallapartment | Contracts 315 | Size Range 33-149sqft | Rent Range 213-1,545 | Avg Rent/Sqft 909AED | Avg Annual AED 53K | |
Property Type 2 bed rooms+hallapartment | Contracts 62 | Size Range 81-139sqft | Rent Range 229-1,309 | Avg Rent/Sqft 795AED | Avg Annual AED 67K | |
Property Type Shopretail | Contracts 5 | Size Range 98-120sqft | Rent Range 827-975 | Avg Rent/Sqft 894AED | Avg Annual AED 96K |
546 rental contracts grouped into 4 property types