DEZIRE RESIDENCES
ResaleCommunityJumeirah Village Circle
Started
10 years 7 months ago17-06-2015
Handover
5 years 11 months ago06-02-2020
Status
CompleteFinished
Project Description
RESIDENTIAL/COMMERCIAL BUILDING G+4P+10+RETAIL @ GROUND FLOOR WITH EXTERNAL AND INTERNAL FINISHES
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Falling-17%Decline
Current:AED 940/sqft
Last 12M:AED 1,127/sqft
Momentum: Last 12Mvs Prior Year
Rising+10%Growth
Last 12M:AED 1,127/sqft
Prior Year:AED 1,025/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-25%Below Avg
Project:AED 940/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate18%Turnover
22Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 914/sqft
Range:AED 231 – AED 2K
Avg Unit:AED 62K/yr
Leasing Volume: L12MContracts Signed
Very Active76Total
New:44
Renew:32
Tenant RetentionRenewal Rate
Good42%renewals
58% new tenants42% renewals
Gross YieldAnnual Return
High Yield97.2%Yield
Rent:AED 914/sqft
Price:AED 940/sqft
Supply & Demand Matrix
DEZIRE RESIDENCES averaged 18% 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
38 units
4 sold34 left
11%
Velocity
1 Bedroom
56 units
10 sold46 left
18%
Velocity
2 Bedrooms
21 units
6 sold15 left
29%
Velocity
Shop
5 units
2 sold3 left
40%
Velocity
Layouts & Units (120)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-10 | Inventory 38units 10 layouts · Typically 1 parking 7-9 sqm balcony | Size Range 378-536sqft | Price Range AED 250K - AED 620K | Avg PSF 972 | Sales 23 | Trend — | |
Asset Class 1 Bed FlatFloors 1-10 | Inventory 56units 13 layouts · Typically 1 parking 7-54 sqm balcony | Size Range 760-1,338sqft | Price Range AED 410K - AED 1.1M | Avg PSF 895 | Sales 20 | Trend — | |
Asset Class 2 Bed FlatFloors 1-10 | Inventory 21units 7 layouts · Typically 1 parking 13-60 sqm balcony | Size Range 1,210-1,728sqft | Price Range AED 880K - AED 1.5M | Avg PSF 864 | Sales 11 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 16,107-16,107sqft | Price Range — | Avg PSF 752 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 5units 5 layouts · Typically 1 parking | Size Range 412-1,391sqft | Price Range AED 1.1M - AED 1.2M | Avg PSF 1,875 | Sales 2 | Trend — |
Grouped into 5 asset classes covering 120 units