PARK SQUARE
ResaleDeveloperSAND STONE PROPERTIES L.L.C
CommunityJumeirah Village Circle
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 414 – AED 714
Avg Unit:AED 72K/yr
Leasing Volume: L12MContracts Signed
Very Active42Total
New:10
Renew:32
Tenant RetentionRenewal Rate
Excellent76%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 sold20 left
0%
Velocity
2 Bedrooms
28 units
0 sold28 left
0%
Velocity
Layouts & Units (48)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
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