Milano Giovanni Boutique Suites
ResaleCommunityJumeirah Village Circle
Started
10 years 2 months ago19-11-2015
Handover
6 years 3 months ago07-10-2019
Status
CompleteFinished
Project Description
Project consist of freehold G+4P+14 standard hotel apartment & retail at ground floor building located in Al Barsha South Fourth. The building is designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-6%
DeclineCurrent:AED 1,222/sqft
Last 12M:AED 1,300/sqft
Momentum: Last 12Mvs Prior Year
Rising+5%
GrowthLast 12M:AED 1,300/sqft
Prior Year:AED 1,240/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-3%
Below AvgProject:AED 1,222/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
14Sold (Last 12M)
Supply & Demand Matrix
Milano Giovanni Boutique Suites 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
70 units
6 sold64 left
9%
Velocity
1 Bedroom
13 units
3 sold10 left
23%
Velocity
2 Bedrooms
41 units
4 sold37 left
10%
Velocity
Shop
3 units
1 sold2 left
33%
Velocity
Layouts & Units (127)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Building | Inventory 0units | Size Range 16,107-16,107sqft | Price Range — | Avg PSF 676 | Sales 0 | Trend — | |
Asset Class 2 Bed Hotel ApartmentFloors 1-14 | Inventory 41units 5 layouts · Typically 1 parking 7-26 sqm balcony | Size Range 501-1,286sqft | Price Range AED 98K - AED 1.3M | Avg PSF 910 | Sales 52 | Trend — | |
Asset Class Hotel ApartmentFloors 1-14 | Inventory 70units 7 layouts · Typically 1 parking 3-10 sqm balcony | Size Range 374-475sqft | Price Range AED 310K - AED 595K | Avg PSF 1,243 | Sales 44 | Trend — | |
Asset Class 1 Bed Hotel ApartmentFloors 2-14 | Inventory 13units Typically 1 parking ~6 sqm balcony | Size Range 709-712sqft | Price Range AED 58K - AED 1.0M | Avg PSF 841 | Sales 24 | Trend — | |
Asset Class ShopPodium + Floor 1 | Inventory 3units 3 layouts · Typically 5.7 parking ~12 sqm balcony | Size Range 742-2,481sqft | Price Range AED 842K - AED 2.5M | Avg PSF 1,029 | Sales 3 | Trend — |
Grouped into 5 asset classes covering 127 units