CONCEPT 7 RESIDENCES
ResaleCommunityJumeirah Village Circle
Started
2 years 11 months ago15-02-2023
Handover
1 year 5 months ago15-08-2024
Status
CompleteFinished
Project Description
G+3P+10F+R Residential+Retail,The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+5%
GrowthCurrent:AED 1,695/sqft
Last 12M:AED 1,619/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DJumeirah Village Circle
Premium+35%
Above AvgProject:AED 1,689/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
19Sold (Last 12M)
Supply & Demand Matrix
CONCEPT 7 RESIDENCES averaged 12% 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
29 units
6 sold23 left
21%
Velocity
1 Bedroom
118 units
12 sold106 left
10%
Velocity
2 Bedrooms
12 units
1 sold11 left
8%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (160)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-10 | Inventory 29units 5 layouts · Typically 1 parking 4-8 sqm balcony | Size Range 388-489sqft | Price Range AED 650K - AED 747K | Avg PSF 1,462 | Sales 6 | Trend — | |
Asset Class 1 Bed FlatFloors 1-10 | Inventory 118units 43 layouts · Typically 1 parking 3-61 sqm balcony | Size Range 616-1,276sqft | Price Range AED 780K - AED 1.2M | Avg PSF 1,363 | Sales 12 | Trend — | |
Asset Class 2 Bed FlatFloors 1-10 | Inventory 12units 8 layouts · Typically 1 parking 8-51 sqm balcony | Size Range 1,009-1,603sqft | Price Range AED 1.9M - AED 1.9M | Avg PSF 1,262 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 19,688-19,688sqft | Price Range — | Avg PSF 1,001 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 6 parking | Size Range 1,464-1,464sqft | Price Range — | Avg PSF 1,760 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 160 units