Chaimaa Avenue
ResaleDeveloperDEVAL REAL ESTATE DEVELOPMENT L.L.C
CommunityJumeirah Village Circle
Started
6 years 11 months ago12-02-2019
Handover
5 years 7 months ago12-06-2020
Status
CompleteFinished
Project Description
Residential Building (B+G+5+R)
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-27%
DeclineCurrent:AED 725/sqft
Last 12M:AED 996/sqft
Momentum: Last 12Mvs Prior Year
Falling-10%
DeclineLast 12M:AED 996/sqft
Prior Year:AED 1,108/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-42%
Below AvgProject:AED 725/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
8Sold (Last 12M)
Supply & Demand Matrix
Chaimaa Avenue averaged 9% 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
11 units
2 sold9 left
18%
Velocity
1 Bedroom
66 units
5 sold61 left
8%
Velocity
2 Bedrooms
12 units
1 sold11 left
8%
Velocity
Layouts & Units (89)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-5 | Inventory 11units 6 layouts · Typically 1 parking 12-23 sqm balcony | Size Range 346-749sqft | Price Range AED 300K - AED 610K | Avg PSF 964 | Sales 8 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-5 | Inventory 66units 22 layouts · Typically 1 parking 7-58 sqm balcony | Size Range 403-1,351sqft | Price Range AED 41K - AED 1.1M | Avg PSF 898 | Sales 43 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-5 | Inventory 12units 12 layouts · Typically 1.4 parking 7-48 sqm balcony | Size Range 1,006-1,721sqft | Price Range AED 886K - AED 1.5M | Avg PSF 682 | Sales 7 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 27,959-27,959sqft | Price Range AED 9.4M - AED 9.4M | Avg PSF 333 | Sales 1 | Trend — |
Grouped into 4 asset classes covering 89 units