PLAZA RESIDENCES
ResaleCommunityJumeirah Village Circle
Started
17 years 3 months ago21-10-2008
Handover
8 years 3 months ago28-09-2017
Status
CompleteFinished
Project Description
Freehold residential development located in Jumeirah Village 1st. The project consists of shared 3B+G with 4 buildings on top. Buildings A & C consist of 10 storey, building B 16 storey and building D is 4 storey. The buildings are designed to be built out of concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+10%
GrowthCurrent:AED 1,102/sqft
Last 12M:AED 1,002/sqft
Momentum: Last 12Mvs Prior Year
Rising+9%
GrowthLast 12M:AED 1,002/sqft
Prior Year:AED 922/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-12%
Below AvgProject:AED 1,102/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate16%Turnover
88Sold (Last 12M)
Supply & Demand Matrix
PLAZA RESIDENCES averaged 16% 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
109 units
14 sold95 left
13%
Velocity
1 Bedroom
243 units
37 sold206 left
15%
Velocity
2 Bedrooms
149 units
36 sold113 left
24%
Velocity
3 Bedrooms
23 units
1 sold22 left
4%
Velocity
Shop
21 units
0 sold21 left
0%
Velocity
Layouts & Units (545)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-14 | Inventory 109units 56 layouts · Typically 1 parking 5-19 sqm balcony | Size Range 216-820sqft | Price Range AED 140K - AED 1.1M | Avg PSF 916 | Sales 150 | Trend — | |
Asset Class 1 Bed FlatFloors 1-15 | Inventory 243units 126 layouts · Typically 1 parking 6-60 sqm balcony | Size Range 368-1,715sqft | Price Range AED 272K - AED 1.3M | Avg PSF 742 | Sales 267 | Trend — | |
Asset Class 2 Bed FlatFloors 1-16 | Inventory 149units 93 layouts · Typically 1.3 parking 5-175 sqm balcony | Size Range 431-3,608sqft | Price Range AED 254K - AED 2.9M | Avg PSF 700 | Sales 209 | Trend — | |
Asset Class 3 Bed FlatFloors 1-11 | Inventory 23units 19 layouts · Typically 1.8 parking 20-54 sqm balcony | Size Range 989-2,237sqft | Price Range AED 600K - AED 2.0M | Avg PSF 668 | Sales 23 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 106,738-106,738sqft | Price Range — | Avg PSF 671 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,317-1,518sqft | Price Range — | Avg PSF 6,689 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 21units 21 layouts · Typically 1 parking | Size Range 611-1,759sqft | Price Range AED 825K - AED 2.0M | Avg PSF 1,402 | Sales 11 | Trend — |
Grouped into 7 asset classes covering 545 units