Nicholas Residence

Resale
Started
6 years 4 months ago22-09-2019
Handover
3 years ago11-01-2023
Status
CompleteFinished
Project Description

Residential Building with Retail @ GF B+G+04+R

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Rising
+17%
Growth
Current:AED 1,369/sqft
Last 12M:AED 1,166/sqft
Momentum: Last 12Mvs Prior Year
Stable
+1%
Growth
Last 12M:AED 1,166/sqft
Prior Year:AED 1,156/sqft
Community Compare: Last 90DJumeirah Village Circle
Premium
+9%
Above Avg
Project:AED 1,369/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate
19%Turnover
18Sold (Last 12M)

Supply & Demand Matrix

Nicholas Residence averaged 19% 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
32 units
25%
Velocity
1 Bedroom
50 units
16%
Velocity
2 Bedrooms
8 units
25%
Velocity
3 Bedrooms
1 units
0%
Velocity
Shop
6 units
0%
Velocity

Layouts & Units (97)

Asset Class
Studio FlatPodium + Floors 1-4
Inventory
32units
19 layouts · Typically 1 parking
3-9 sqm balcony
Size Range
426-570sqft
Price Range
AED 470K - AED 705K
Avg PSF
1,154
Sales
36
Trend
Asset Class
1 Bed FlatPodium + Floors 1-4
Inventory
50units
31 layouts · Typically 1 parking
4-20 sqm balcony
Size Range
759-1,062sqft
Price Range
AED 450K - AED 1.2M
Avg PSF
902
Sales
38
Trend
Asset Class
2 Bed FlatFloors 1-4
Inventory
8units
7 layouts · Typically 1 parking
19-177 sqm balcony
Size Range
1,280-3,232sqft
Price Range
AED 800K - AED 1.9M
Avg PSF
679
Sales
11
Trend
Asset Class
3 Bed FlatFloor 4
Inventory
1units
Typically 2 parking
~219 sqm balcony
Size Range
3,872-3,872sqft
Price Range
AED 1.4M - AED 1.4M
Avg PSF
349
Sales
1
Trend
Asset Class
Land
Inventory
0units
Size Range
28,033-28,033sqft
Price Range
AED 10.0M - AED 10.0M
Avg PSF
368
Sales
1
Trend
Asset Class
ShopPodium
Inventory
6units
5 layouts · Typically 1.7 parking
Size Range
363-478sqft
Price Range
AED 772K - AED 1.0M
Avg PSF
2,115
Sales
6
Trend

Grouped into 6 asset classes covering 97 units

Nicholas Residence in Jumeirah Village Circle - Prices and Units | Property Index