GHALIA
ResaleDeveloperDAMAC DEVELOPMENT(L L C)
CommunityJumeirah Village Circle
Started
11 years 7 months ago01-06-2014
Handover
6 years 9 months ago28-03-2019
Status
CompleteFinished
Project Description
Building consist of G+4P+34+R,all residential units,with external and internal finishes. Located in Al Barsha South 4th.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Stable-2%Decline
Current:AED 1,172/sqft
Last 12M:AED 1,197/sqft
Momentum: Last 12Mvs Prior Year
Stable+2%Growth
Last 12M:AED 1,197/sqft
Prior Year:AED 1,170/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-7%Below Avg
Project:AED 1,172/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
83Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,115/sqft
Range:AED 122 – AED 5K
Avg Unit:AED 60K/yr
Leasing Volume: L12MContracts Signed
Very Active589Total
New:356
Renew:233
Tenant RetentionRenewal Rate
Good40%renewals
60% new tenants40% renewals
Gross YieldAnnual Return
High Yield95.1%Yield
Rent:AED 1,115/sqft
Price:AED 1,172/sqft
Supply & Demand Matrix
GHALIA averaged 11% 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
453 units
53 sold400 left
12%
Velocity
1 Bedroom
170 units
21 sold149 left
12%
Velocity
2 Bedrooms
84 units
7 sold77 left
8%
Velocity
3 Bedrooms
20 units
2 sold18 left
10%
Velocity
Shop
16 units
0 sold16 left
0%
Velocity
Layouts & Units (743)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-38 | Inventory 388units 54 layouts · Typically 1 parking 3-7 sqm balcony | Size Range 141-508sqft | Price Range AED 250K - AED 600K | Avg PSF 1,149 | Sales 225 | Trend — | |
Asset Class 1 Bed FlatFloors 2-38 | Inventory 142units 19 layouts · Typically 1 parking 6-14 sqm balcony | Size Range 337-896sqft | Price Range AED 280K - AED 1.2M | Avg PSF 978 | Sales 71 | Trend — | |
Asset Class 2 Bed FlatFloors 2-38 | Inventory 71units 14 layouts · Typically 1 parking 6-54 sqm balcony | Size Range 1,036-1,587sqft | Price Range AED 850K - AED 1.5M | Avg PSF 989 | Sales 29 | Trend — | |
Asset Class 3 Bed FlatFloors 6-25 | Inventory 20units 2 layouts · Typically 2 parking ~22 sqm balcony | Size Range 1,607-1,680sqft | Price Range AED 1.0M - AED 2.8M | Avg PSF 842 | Sales 14 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 85,249-85,249sqft | Price Range — | Avg PSF 788 | Sales 0 | Trend — | |
Asset Class Hotel ApartmentFloors 2-37 | Inventory 65units 25 layouts · Typically 1 parking 3-7 sqm balcony | Size Range 188-508sqft | Price Range AED 300K - AED 606K | Avg PSF 1,251 | Sales 31 | Trend — | |
Asset Class 1 Bed Hotel ApartmentFloors 6-36 | Inventory 28units 11 layouts · Typically 1 parking 6-14 sqm balcony | Size Range 675-895sqft | Price Range AED 500K - AED 850K | Avg PSF 1,045 | Sales 10 | Trend — | |
Asset Class 2 Bed Hotel ApartmentFloors 4-29 | Inventory 13units 5 layouts · Typically 1 parking 15-23 sqm balcony | Size Range 1,125-1,233sqft | Price Range AED 800K - AED 1.4M | Avg PSF 1,069 | Sales 4 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 437-831sqft | Price Range — | Avg PSF 1,939 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 16units 15 layouts · Typically 2.4 parking | Size Range 503-3,844sqft | Price Range AED 5.2M - AED 5.2M | Avg PSF 1,988 | Sales 1 | Trend — |
Grouped into 10 asset classes covering 743 units