Chaimaa Avenue 2
ResaleDeveloperDEVAL REAL ESTATE DEVELOPMENT L.L.C
CommunityJumeirah Village Circle
Started
4 years 7 months ago01-06-2021
Handover
3 years 1 month ago30-11-2022
Status
CompleteFinished
Project Description
Residential Building (B+G+5+R) With Retails @ GF, with external and internal finishes
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-4%
DeclineCurrent:AED 1,100/sqft
Last 12M:AED 1,143/sqft
Momentum: Last 12Mvs Prior Year
Falling-15%
DeclineLast 12M:AED 1,143/sqft
Prior Year:AED 1,342/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-12%
Below AvgProject:AED 1,100/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Low5%Turnover
5Sold (Last 12M)
Supply & Demand Matrix
Chaimaa Avenue 2 averaged 5% 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
18 units
0 sold18 left
0%
Velocity
1 Bedroom
53 units
3 sold50 left
6%
Velocity
2 Bedrooms
18 units
2 sold16 left
11%
Velocity
3 Bedrooms
2 units
0 sold2 left
0%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (92)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-5 | Inventory 18units 10 layouts · Typically 1 parking 6-33 sqm balcony | Size Range 459-835sqft | Price Range AED 400K - AED 660K | Avg PSF 1,006 | Sales 9 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-5 | Inventory 53units 23 layouts · Typically 1 parking 5-33 sqm balcony | Size Range 403-1,122sqft | Price Range AED 730K - AED 1.2M | Avg PSF 993 | Sales 10 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-5 | Inventory 18units 11 layouts · Typically 1.4 parking 5-45 sqm balcony | Size Range 1,030-1,600sqft | Price Range AED 1.4M - AED 1.6M | Avg PSF 945 | Sales 3 | Trend — | |
Asset Class 3 Bed FlatFloors 2-3 | Inventory 2units 2 layouts · Typically 2 parking 8-25 sqm balcony | Size Range 1,294-1,493sqft | Price Range — | Avg PSF 1,083 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 30,569-30,569sqft | Price Range AED 6.2M - AED 13.8M | Avg PSF 328 | Sales 2 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 7 parking | Size Range 2,006-2,006sqft | Price Range AED 3.2M - AED 3.2M | Avg PSF 1,595 | Sales 1 | Trend — |
Grouped into 6 asset classes covering 92 units