PLAZZO HEIGHTS
MatureDeveloperPLAZZO DEVELOPMENT REAL ESTATE L.L.C
CommunityJumeirah Village Circle
Started
8 years 10 months ago01-03-2017
Handover
5 years 7 months ago15-06-2020
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF B+G+P+5+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
Market Sales: Last 90Dvs Last 12M Baseline
Falling-21%
DeclineCurrent:AED 1,012/sqft
Last 12M:AED 1,274/sqft
Momentum: Last 12Mvs Prior Year
Rising+9%
GrowthLast 12M:AED 1,274/sqft
Prior Year:AED 1,171/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-21%
Below AvgProject:AED 996/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
13Sold (Last 12M)
Supply & Demand Matrix
PLAZZO HEIGHTS averaged 11% 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
76 units
12 sold64 left
16%
Velocity
1 Bedroom
30 units
0 sold30 left
0%
Velocity
2 Bedrooms
7 units
0 sold7 left
0%
Velocity
Shop
3 units
1 sold2 left
33%
Velocity
Layouts & Units (116)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-5 | Inventory 76units 44 layouts · Typically 1 parking 3-15 sqm balcony | Size Range 385-579sqft | Price Range AED 30K - AED 600K | Avg PSF 1,143 | Sales 41 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-5 | Inventory 30units 18 layouts · Typically 1 parking 8-57 sqm balcony | Size Range 667-1,362sqft | Price Range AED 650K - AED 690K | Avg PSF 857 | Sales 3 | Trend — | |
Asset Class 2 Bed FlatFloor 4 | Inventory 7units 7 layouts · Typically 1 parking 39-82 sqm balcony | Size Range 1,134-1,614sqft | Price Range AED 800K - AED 1.1M | Avg PSF 791 | Sales 5 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 24,340-24,340sqft | Price Range — | Avg PSF 321 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 3units 3 layouts · Typically 3 parking | Size Range 432-864sqft | Price Range AED 500K - AED 1.8M | Avg PSF 1,625 | Sales 3 | Trend — |
Grouped into 5 asset classes covering 116 units