LUCKY RESIDENCE
ResaleDeveloperLUCKY AEON REAL ESTATE DEVELOPMENT
CommunityJumeirah Village Circle
Started
7 years 3 months ago07-10-2018
Handover
3 years 9 months ago31-03-2022
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF UG+G+3P+10+R RESIDENTIAL BUILDING WITH RETAIL AT GROUND FLOOR 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
Stable+1%
GrowthCurrent:AED 1,269/sqft
Last 12M:AED 1,259/sqft
Momentum: Last 12Mvs Prior Year
Rising+7%
GrowthLast 12M:AED 1,259/sqft
Prior Year:AED 1,179/sqft
Community Compare: Last 90DJumeirah Village Circle
At Market-2%
Below AvgProject:AED 1,225/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Low4%Turnover
6Sold (Last 12M)
Supply & Demand Matrix
LUCKY RESIDENCE averaged 4% liquidity over the last 12 months, which is considered low. 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
16 units
0 sold16 left
0%
Velocity
1 Bedroom
94 units
4 sold90 left
4%
Velocity
2 Bedrooms
28 units
2 sold26 left
7%
Velocity
3 Bedrooms
3 units
0 sold3 left
0%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (142)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-9 | Inventory 16units 5 layouts · Typically 1 parking 3-4 sqm balcony | Size Range 390-448sqft | Price Range AED 540K - AED 550K | Avg PSF 1,215 | Sales 2 | Trend — | |
Asset Class 1 Bed FlatFloors 1-9 | Inventory 94units 36 layouts · Typically 1 parking 5-16 sqm balcony | Size Range 731-867sqft | Price Range AED 760K - AED 1.0M | Avg PSF 1,008 | Sales 14 | Trend — | |
Asset Class 2 Bed FlatFloors 1-9 | Inventory 28units 15 layouts · Typically 1 parking 8-34 sqm balcony | Size Range 1,111-1,401sqft | Price Range AED 1.2M - AED 1.4M | Avg PSF 994 | Sales 6 | Trend — | |
Asset Class 3 Bed FlatFloor 10 | Inventory 3units 3 layouts · Typically 2 parking 31-101 sqm balcony | Size Range 1,791-2,542sqft | Price Range — | Avg PSF 716 | Sales 0 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 19,714-19,714sqft | Price Range — | Avg PSF 840 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 4 parking | Size Range 2,961-2,961sqft | Price Range AED 2.8M - AED 3.7M | Avg PSF 1,054 | Sales 3 | Trend — |
Grouped into 6 asset classes covering 142 units