H Three By Aurora
ResaleDeveloperAURORA REAL ESTATE DEVELOPMENT L.L.C
CommunityJumeirah Village Circle
Started
2 years 8 months ago02-05-2023
Status
CompleteFinished
Project Description
Residential Building (G+P+5+R) with retail @GF + Swimming pool.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+11%Growth
Current:AED 1,356/sqft
Last 12M:AED 1,223/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DJumeirah Village Circle
Premium+9%Above Avg
Project:AED 1,366/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
High46%Turnover
67Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,351/sqft
Range:AED 179 – AED 4K
Avg Unit:AED 121K/yr
Leasing Volume: L12MContracts Signed
Very Active93Total
New:93
Renew:0
Tenant RetentionRenewal Rate
Low0%renewals
100% new tenants0% renewals
Gross YieldAnnual Return
High Yield99.6%Yield
Rent:AED 1,351/sqft
Price:AED 1,356/sqft
Supply & Demand Matrix
H Three By Aurora averaged 46% liquidity over the last 12 months, which is considered high. 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
24 units
7 sold17 left
29%
Velocity
1 Bedroom
83 units
44 sold39 left
53%
Velocity
2 Bedrooms
36 units
14 sold22 left
39%
Velocity
3 Bedrooms
2 units
2 sold0 left
100%
Velocity
Layouts & Units (147)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-5 | Inventory 24units 10 layouts · Typically 1 parking 4-11 sqm balcony | Size Range 383-507sqft | Price Range AED 475K - AED 830K | Avg PSF 1,271 | Sales 7 | Trend — | |
Asset Class 1 Bed FlatFloors 1-5 | Inventory 83units 28 layouts · Typically 1 parking 4-22 sqm balcony | Size Range 819-1,011sqft | Price Range AED 900K - AED 1.3M | Avg PSF 1,156 | Sales 44 | Trend — | |
Asset Class 2 Bed FlatFloors 1-5 | Inventory 36units 30 layouts · Typically 1.1 parking 9-34 sqm balcony | Size Range 1,207-1,549sqft | Price Range AED 1.3M - AED 2.1M | Avg PSF 1,187 | Sales 14 | Trend — | |
Asset Class 3 Bed FlatFloors 2-3 | Inventory 2units 2 layouts · Typically 3 parking 14-16 sqm balcony | Size Range 1,662-1,671sqft | Price Range AED 1.6M - AED 2.6M | Avg PSF 1,259 | Sales 2 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 25,988-25,988sqft | Price Range AED 9.3M - AED 11.2M | Avg PSF 433 | Sales 2 | Trend — | |
Asset Class Show RoomsPodium | Inventory 2units 2 layouts · Typically 4 parking | Size Range 2,256-2,453sqft | Price Range — | Avg PSF 2,273 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 147 units