Elegance by Chaimaa Holding
HandoverDeveloperDEVAL REAL ESTATE DEVELOPMENT L.L.C
CommunityJumeirah Village Circle
Started
3 years 2 months ago01-11-2022
Handover
1 year 2 months ago01-11-2024
Status
86% BuiltIn Progress
Project Description
Residential Building (G+4P+14) with Retail @ GF + Gym
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+7%
GrowthCurrent:AED 1,374/sqft
Last 12M:AED 1,285/sqft
Momentum: Last 12Mvs Prior Year
Rising+9%
GrowthLast 12M:AED 1,285/sqft
Prior Year:AED 1,177/sqft
Community Compare: Last 90DJumeirah Village Circle
Premium+9%
Above AvgProject:AED 1,374/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate13%Turnover
15Sold (Last 12M)
Supply & Demand Matrix
Elegance by Chaimaa Holding averaged 13% liquidity over the last 12 months, which is considered moderate. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
Studio
20 units
3 sold17 left
15%
Velocity
1 Bedroom
60 units
8 sold52 left
13%
Velocity
2 Bedrooms
34 units
3 sold31 left
9%
Velocity
Shop
4 units
1 sold3 left
25%
Velocity
Layouts & Units (118)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-14 | Inventory 20units 9 layouts · Typically 1 parking 4-25 sqm balcony | Size Range 376-725sqft | Price Range AED 463K - AED 845K | Avg PSF 1,060 | Sales 23 | Trend — | |
Asset Class 1 Bed FlatFloors 1-14 | Inventory 60units 37 layouts · Typically 1 parking 6-35 sqm balcony | Size Range 714-1,099sqft | Price Range AED 679K - AED 1.4M | Avg PSF 1,157 | Sales 72 | Trend — | |
Asset Class 2 Bed FlatFloors 1-14 | Inventory 34units 22 layouts · Typically 1 parking 21-62 sqm balcony | Size Range 1,170-2,030sqft | Price Range AED 1.0M - AED 1.8M | Avg PSF 1,088 | Sales 41 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 17,973-17,973sqft | Price Range AED 9.3M - AED 14.4M | Avg PSF 660 | Sales 2 | Trend — | |
Asset Class ShopPodium | Inventory 4units 4 layouts · Typically 1 parking | Size Range 724-1,868sqft | Price Range AED 1.1M - AED 4.6M | Avg PSF 1,953 | Sales 4 | Trend — |
Grouped into 5 asset classes covering 118 units