GARDENIA1 & 2
HandoverDeveloperMEMON INVESTMENTS L.L.C
CommunityJumeirah Village Circle
Started
11 years 11 months ago01-02-2014
Handover
2 years 6 months ago30-06-2023
Status
97% BuiltIn Progress
Project Description
PROJECT CONSISTS OF B+G+4+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
—No recent sales
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DJumeirah Village Circle
—No recent sales
Liquidity: Last 12MExit Speed
—No sales in period
Supply & Demand Matrix
GARDENIA1 & 2 averaged 0% liquidity over the last 12 months, which is considered low. 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
60 units
0 sold60 left
0%
Velocity
1 Bedroom
94 units
0 sold94 left
0%
Velocity
2 Bedrooms
7 units
0 sold7 left
0%
Velocity
3 Bedrooms
7 units
0 sold7 left
0%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (171)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-4 | Inventory 60units 53 layouts · Typically 1 parking 1-66 sqm balcony | Size Range 419-1,283sqft | Price Range AED 305K - AED 706K | Avg PSF 834 | Sales 32 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-4 | Inventory 94units 63 layouts · Typically 1 parking 4-64 sqm balcony | Size Range 774-1,641sqft | Price Range AED 465K - AED 1.1M | Avg PSF 732 | Sales 46 | Trend — | |
Asset Class 2 Bed FlatFloors 1-4 | Inventory 7units 5 layouts · Typically 1 parking 12-37 sqm balcony | Size Range 1,161-1,743sqft | Price Range AED 850K - AED 1.1M | Avg PSF 681 | Sales 4 | Trend — | |
Asset Class 3 Bed FlatPodium | Inventory 7units 6 layouts · Typically 1 parking 11-34 sqm balcony | Size Range 1,864-1,931sqft | Price Range AED 1.4M - AED 1.6M | Avg PSF 795 | Sales 2 | Trend — | |
Asset Class ShopPodium | Inventory 3units 3 layouts · Typically 1 parking | Size Range 723-762sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Villa | Inventory 0units | Size Range 52,538-52,538sqft | Price Range AED 18.9M - AED 18.9M | Avg PSF 360 | Sales 1 | Trend — |
Grouped into 6 asset classes covering 171 units