Park Vista
MatureDeveloperICONIC VISTA REAL ESTATE DEVELOPMENT
CommunityJumeirah Village Circle
Started
8 years 4 months ago27-08-2017
Handover
4 years ago30-12-2021
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF B+G+4 RESIDENTIAL APARTMENTS LOCATED IN AL BARSHA SOUTH FOURTH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Falling-93%
DeclineCurrent:AED 88/sqft
Last 12M:AED 1,196/sqft
Momentum: Last 12Mvs Prior Year
Stable-1%
DeclineLast 12M:AED 1,196/sqft
Prior Year:AED 1,205/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-93%
Below AvgProject:AED 88/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
High21%Turnover
15Sold (Last 12M)
Supply & Demand Matrix
Park Vista averaged 21% liquidity over the last 12 months, which is considered high. 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
20 units
2 sold18 left
10%
Velocity
1 Bedroom
36 units
9 sold27 left
25%
Velocity
2 Bedrooms
15 units
4 sold11 left
27%
Velocity
3 Bedrooms
2 units
0 sold2 left
0%
Velocity
Layouts & Units (73)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-3 | Inventory 20units 15 layouts · Typically 1 parking 1-12 sqm balcony | Size Range 370-713sqft | Price Range AED 355K - AED 580K | Avg PSF 1,159 | Sales 17 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-4 | Inventory 36units 33 layouts · Typically 1.1 parking 3-35 sqm balcony | Size Range 382-1,123sqft | Price Range AED 74K - AED 1.2M | Avg PSF 997 | Sales 33 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-4 | Inventory 15units 14 layouts · Typically 1.5 parking 8-105 sqm balcony | Size Range 1,156-2,237sqft | Price Range AED 950K - AED 1.6M | Avg PSF 894 | Sales 12 | Trend — | |
Asset Class 3 Bed FlatFloor 4 | Inventory 2units 2 layouts · Typically 2 parking 74-78 sqm balcony | Size Range 2,072-2,169sqft | Price Range AED 1.2M - AED 1.2M | Avg PSF 566 | Sales 1 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 26,148-26,148sqft | Price Range AED 7.2M - AED 11.8M | Avg PSF 362 | Sales 2 | Trend — |
Grouped into 5 asset classes covering 73 units