LA RIVIERA AZURE
ResaleDeveloperRIVIERA AZURE PROPERTIES DEVELOPMENT
CommunityJumeirah Village Circle
Started
8 years ago01-01-2018
Handover
3 years 8 months ago15-05-2022
Status
CompleteFinished
Project Description
Residential Building with Retail at GF (B+G+4+R)
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-3%
DeclineCurrent:AED 1,051/sqft
Last 12M:AED 1,085/sqft
Momentum: Last 12Mvs Prior Year
Rising+8%
GrowthLast 12M:AED 1,085/sqft
Prior Year:AED 1,003/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-16%
Below AvgProject:AED 1,051/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate14%Turnover
12Sold (Last 12M)
Supply & Demand Matrix
LA RIVIERA AZURE averaged 14% 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
8 units
2 sold6 left
25%
Velocity
1 Bedroom
73 units
7 sold66 left
10%
Velocity
2 Bedrooms
5 units
2 sold3 left
40%
Velocity
Shop
2 units
1 sold1 left
50%
Velocity
Layouts & Units (88)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-4 | Inventory 8units 5 layouts · Typically 1 parking 8-20 sqm balcony | Size Range 466-739sqft | Price Range AED 426K - AED 750K | Avg PSF 907 | Sales 5 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-4 | Inventory 73units 55 layouts · Typically 1 parking 4-33 sqm balcony | Size Range 471-1,287sqft | Price Range AED 682K - AED 1.2M | Avg PSF 802 | Sales 43 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-4 | Inventory 5units 4 layouts · Typically 1 parking 31-105 sqm balcony | Size Range 1,361-2,007sqft | Price Range AED 1.3M - AED 1.8M | Avg PSF 799 | Sales 5 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 15,138-30,276sqft | Price Range AED 5.2M - AED 11.8M | Avg PSF 383 | Sales 4 | Trend — | |
Asset Class ShopPodium | Inventory 2units 2 layouts · Typically 3.5 parking | Size Range 692-1,354sqft | Price Range AED 900K - AED 900K | Avg PSF 1,201 | Sales 2 | Trend — |
Grouped into 5 asset classes covering 88 units