PARK VIEW TOWER
ResaleDeveloperREVI REAL ESTATE DEVELOPMENT L.L.C
CommunityJumeirah Village Circle
Started
10 years 11 months ago01-02-2015
Handover
4 years 2 months ago17-11-2021
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF B+G+UG+4P+19+R RESIDENTIAL BUILDING WITH RETAIL AT GROUND FLOOR LOCATED IN AL BARSHA SOUTH FOURTH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+13%
GrowthCurrent:AED 1,484/sqft
Last 12M:AED 1,311/sqft
Momentum: Last 12Mvs Prior Year
Rising+5%
GrowthLast 12M:AED 1,311/sqft
Prior Year:AED 1,248/sqft
Community Compare: Last 90DJumeirah Village Circle
Premium+18%
Above AvgProject:AED 1,484/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
28Sold (Last 12M)
Supply & Demand Matrix
PARK VIEW TOWER averaged 10% 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
156 units
21 sold135 left
13%
Velocity
1 Bedroom
86 units
7 sold79 left
8%
Velocity
2 Bedrooms
32 units
0 sold32 left
0%
Velocity
3 Bedrooms
4 units
0 sold4 left
0%
Velocity
Shop
2 units
0 sold2 left
0%
Velocity
Layouts & Units (280)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-10 | Inventory 156units 19 layouts · Typically 1 parking 4-18 sqm balcony | Size Range 419-1,004sqft | Price Range AED 400K - AED 750K | Avg PSF 1,055 | Sales 130 | Trend — | |
Asset Class 1 Bed FlatFloors 1-18 | Inventory 86units 12 layouts · Typically 1 parking 12-44 sqm balcony | Size Range 460-2,066sqft | Price Range AED 554K - AED 1.2M | Avg PSF 889 | Sales 85 | Trend — | |
Asset Class 2 Bed FlatFloors 11-18 | Inventory 32units 8 layouts · Typically 1.1 parking 10-11 sqm balcony | Size Range 685-2,701sqft | Price Range AED 900K - AED 1.8M | Avg PSF 901 | Sales 30 | Trend — | |
Asset Class 3 Bed FlatFloor 19 | Inventory 4units 4 layouts · Typically 2 parking 65-66 sqm balcony | Size Range 2,694-2,833sqft | Price Range — | Avg PSF 516 | Sales 0 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 26,025-26,025sqft | Price Range AED 12.9M - AED 12.9M | Avg PSF 743 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 2units 2 layouts · Typically 13 parking | Size Range 1,339-6,265sqft | Price Range AED 500K - AED 500K | Avg PSF 1,142 | Sales 1 | Trend — |
Grouped into 6 asset classes covering 280 units