CRYSTAL RESIDENCE
ResaleDeveloperMYRA REAL ESTATE DEVEIOPMENT L.L.C
CommunityJumeirah Village Circle
Started
9 years 9 months ago01-04-2016
Handover
7 years 1 month ago20-12-2018
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF (G+P+5)RESIDENTIAL APARTMENTS LOCATED IN AL BARSHA SOUTH FOURTH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-24%
DeclineCurrent:AED 975/sqft
Last 12M:AED 1,286/sqft
Momentum: Last 12Mvs Prior Year
Rising+19%
GrowthLast 12M:AED 1,286/sqft
Prior Year:AED 1,082/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-22%
Below AvgProject:AED 975/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Low6%Turnover
13Sold (Last 12M)
Supply & Demand Matrix
CRYSTAL RESIDENCE averaged 6% 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
142 units
12 sold130 left
8%
Velocity
1 Bedroom
58 units
0 sold58 left
0%
Velocity
2 Bedrooms
22 units
0 sold22 left
0%
Velocity
3 Bedrooms
3 units
1 sold2 left
33%
Velocity
Layouts & Units (225)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-5 | Inventory 142units 115 layouts · Typically 1 parking 4-18 sqm balcony | Size Range 210-567sqft | Price Range AED 10K - AED 635K | Avg PSF 949 | Sales 81 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-5 | Inventory 58units 56 layouts · Typically 1 parking 4-60 sqm balcony | Size Range 692-1,325sqft | Price Range AED 490K - AED 972K | Avg PSF 741 | Sales 28 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-4 | Inventory 22units 21 layouts · Typically 1 parking 9-92 sqm balcony | Size Range 683-2,028sqft | Price Range AED 700K - AED 1.3M | Avg PSF 719 | Sales 10 | Trend — | |
Asset Class 3 Bed FlatFloor 4 | Inventory 3units 3 layouts · Typically 2 parking 44-61 sqm balcony | Size Range 2,026-2,411sqft | Price Range AED 1.5M - AED 2.4M | Avg PSF 716 | Sales 3 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 62,324-62,324sqft | Price Range — | Avg PSF 313 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 225 units