RA1N Residence
HandoverCommunityJumeirah Village Circle
Started
3 years ago23-01-2023
Handover
11 months ago23-02-2025
Status
92% BuiltIn Progress
Project Description
Residential Building (G+3P+22+R) + Retails @ GF.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+4%
GrowthCurrent:AED 1,338/sqft
Last 12M:AED 1,291/sqft
Momentum: Last 12Mvs Prior Year
Stable0%
GrowthLast 12M:AED 1,291/sqft
Prior Year:AED 1,295/sqft
Community Compare: Last 90DJumeirah Village Circle
Premium+7%
Above AvgProject:AED 1,338/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
High25%Turnover
37Sold (Last 12M)
Supply & Demand Matrix
RA1N Residence averaged 25% liquidity over the last 12 months, which is considered high. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
1 Bedroom
100 units
17 sold83 left
17%
Velocity
2 Bedrooms
44 units
20 sold24 left
45%
Velocity
Shop
2 units
0 sold2 left
0%
Velocity
Layouts & Units (146)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 5-24 | Inventory 100units 32 layouts · Typically 1 parking 6-12 sqm balcony | Size Range 691-935sqft | Price Range AED 800K - AED 1.4M | Avg PSF 1,319 | Sales 107 | Trend — | |
Asset Class 2 Bed FlatFloors 5-25 | Inventory 44units 17 layouts · Typically 1 parking 8-26 sqm balcony | Size Range 1,173-1,507sqft | Price Range AED 601K - AED 2.1M | Avg PSF 1,223 | Sales 43 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 26,102-26,102sqft | Price Range AED 10.0M - AED 11.4M | Avg PSF 384 | Sales 2 | Trend — | |
Asset Class ShopPodium | Inventory 2units 2 layouts · Typically 1 parking | Size Range 1,062-1,593sqft | Price Range AED 1.6M - AED 2.4M | Avg PSF 1,500 | Sales 2 | Trend — |
Grouped into 4 asset classes covering 146 units