NEVA RESIDENCES
HandoverDeveloperTIGER PROPERTIES
CommunityJumeirah Village Circle
Started
3 years ago01-01-2023
Handover
25 days ago31-12-2025
Status
83% BuiltIn Progress
Project Description
G+4P+17F+R,Residential+Commercial.The project 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 1,019/sqft
Last 12M:AED 1,011/sqft
Momentum: Last 12Mvs Prior Year
Stable0%
GrowthLast 12M:AED 1,011/sqft
Prior Year:AED 1,014/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-19%
Below AvgProject:AED 1,019/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate19%Turnover
76Sold (Last 12M)
Supply & Demand Matrix
NEVA RESIDENCES averaged 19% liquidity over the last 12 months, which is considered moderate. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
Studio
32 units
8 sold24 left
25%
Velocity
1 Bedroom
315 units
57 sold258 left
18%
Velocity
2 Bedrooms
44 units
11 sold33 left
25%
Velocity
Shop
4 units
0 sold4 left
0%
Velocity
Office
14 units
0 sold14 left
0%
Velocity
Layouts & Units (409)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-11 | Inventory 32units 2 layouts · Typically 1 parking ~5 sqm balcony | Size Range 508-520sqft | Price Range AED 481K - AED 764K | Avg PSF 1,077 | Sales 34 | Trend — | |
Asset Class 1 Bed FlatFloors 2-17 | Inventory 315units 45 layouts · Typically 1 parking 5-69 sqm balcony | Size Range 400-1,623sqft | Price Range AED 369K - AED 1.2M | Avg PSF 1,003 | Sales 313 | Trend — | |
Asset Class 2 Bed FlatFloors 2-17 | Inventory 44units 6 layouts · Typically 1 parking ~5 sqm balcony | Size Range 1,117-1,197sqft | Price Range AED 981K - AED 1.7M | Avg PSF 949 | Sales 46 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 55,750-55,750sqft | Price Range AED 20.3M - AED 50.6M | Avg PSF 636 | Sales 2 | Trend — | |
Asset Class OfficeFloors 1-2 | Inventory 14units 6 layouts · Typically 1 parking | Size Range 1,847-3,822sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 4units 4 layouts · Typically 1 parking | Size Range 3,104-4,329sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 6 asset classes covering 409 units