PARK SQUARE

Resale
Started
10 years 10 months ago01-03-2015
Handover
8 years 5 months ago23-08-2017
Status
CompleteFinished
Project Description

Residential building located at Al Barsha South Fourth , plot no 480 , consists of (B+G+4FLOOR+R). The building is designed of concrete structure with internal and external finishes.

Performance Alpha

Sales Performance

Blended: Last 90Dvs Last 12M Baseline
No recent sales
Momentum: Last 12Mvs Prior Year
No sales in period
Community Compare: Last 90DJumeirah Village Circle
No recent sales
Liquidity: Last 12MExit Speed
No sales in period

Rental Performance

Rent Pricing: L12MPer Sqft / Year
AED 564/sqft
Range:AED 414AED 714
Avg Unit:AED 72K/yr
Leasing Volume: L12MContracts Signed
Very Active
42Total
New:10
Renew:32
Tenant RetentionRenewal Rate
Excellent
76%renewals
24% new tenants76% renewals
Avg Annual RentPer Unit
AED 72K/year
Based on 42 contracts

Supply & Demand Matrix

PARK SQUARE averaged 0% 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
1 Bedroom
20 units
0%
Velocity
2 Bedrooms
28 units
0%
Velocity

Layouts & Units (48)

Asset Class
1 Bed FlatPodium + Floors 1-3
Inventory
20units
13 layouts · Typically 1 parking
7-23 sqm balcony
Size Range
992-1,347sqft
Price Range
Avg PSF
979
Sales
0
Trend
Asset Class
2 Bed FlatPodium + Floors 1-4
Inventory
28units
15 layouts · Typically 1 parking
10-77 sqm balcony
Size Range
1,352-2,103sqft
Price Range
Avg PSF
978
Sales
0
Trend
Asset Class
Villa
Inventory
0units
Size Range
24,946-24,946sqft
Price Range
AED 3.7M - AED 65.0M
Avg PSF
1,028
Sales
3
Trend

Grouped into 3 asset classes covering 48 units