Empire Residence
ResaleCommunityJumeirah Village Circle
Started
9 years 2 months ago20-11-2016
Handover
3 years 3 months ago30-09-2022
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF G+4P+15+R 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
Rising+8%
GrowthCurrent:AED 1,306/sqft
Last 12M:AED 1,212/sqft
Momentum: Last 12Mvs Prior Year
Rising+14%
GrowthLast 12M:AED 1,212/sqft
Prior Year:AED 1,066/sqft
Community Compare: Last 90DJumeirah Village Circle
Premium+4%
Above AvgProject:AED 1,306/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate19%Turnover
29Sold (Last 12M)
Supply & Demand Matrix
Empire Residence averaged 19% 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
52 units
6 sold46 left
12%
Velocity
1 Bedroom
81 units
17 sold64 left
21%
Velocity
2 Bedrooms
15 units
6 sold9 left
40%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (151)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-15 | Inventory 52units 4 layouts · Typically 1 parking 7-8 sqm balcony | Size Range 369-436sqft | Price Range AED 377K - AED 670K | Avg PSF 1,190 | Sales 21 | Trend — | |
Asset Class 1 Bed FlatFloors 1-15 | Inventory 81units 16 layouts · Typically 1 parking 7-232 sqm balcony | Size Range 369-3,129sqft | Price Range AED 450K - AED 1.2M | Avg PSF 1,064 | Sales 41 | Trend — | |
Asset Class 2 Bed FlatFloors 1-15 | Inventory 15units 2 layouts · Typically 1 parking 18-46 sqm balcony | Size Range 997-1,292sqft | Price Range AED 750K - AED 1.4M | Avg PSF 1,062 | Sales 19 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 16,107-16,107sqft | Price Range — | Avg PSF 752 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 3units 3 layouts · Typically 3.7 parking | Size Range 267-1,964sqft | Price Range AED 298K - AED 750K | Avg PSF 1,115 | Sales 2 | Trend — |
Grouped into 5 asset classes covering 151 units