REEF RESIDENCE
ResaleCommunityJumeirah Village Circle
Started
11 years 6 months ago03-07-2014
Handover
8 years 1 month ago26-11-2017
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 2B+G+3P+35+R 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
Blended: Last 90Dvs Last 12M Baseline
Falling-17%
DeclineCurrent:AED 824/sqft
Last 12M:AED 992/sqft
Momentum: Last 12Mvs Prior Year
Stable+1%
GrowthLast 12M:AED 992/sqft
Prior Year:AED 978/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-34%
Below AvgProject:AED 824/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
34Sold (Last 12M)
Supply & Demand Matrix
REEF RESIDENCE averaged 9% liquidity over the last 12 months, which is considered low. 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
186 units
17 sold169 left
9%
Velocity
1 Bedroom
127 units
14 sold113 left
11%
Velocity
2 Bedrooms
65 units
3 sold62 left
5%
Velocity
Shop
7 units
0 sold7 left
0%
Velocity
Layouts & Units (385)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 5-36 | Inventory 186units 6 layouts · Typically 1 parking | Size Range 251-529sqft | Price Range AED 250K - AED 1.0M | Avg PSF 929 | Sales 114 | Trend — | |
Asset Class 1 Bed FlatFloors 4-36 | Inventory 127units 7 layouts · Typically 1 parking 3-55 sqm balcony | Size Range 413-1,322sqft | Price Range AED 43K - AED 980K | Avg PSF 788 | Sales 70 | Trend — | |
Asset Class 2 Bed FlatFloors 4-36 | Inventory 65units 5 layouts · Typically 1.2 parking 6-47 sqm balcony | Size Range 592-1,998sqft | Price Range AED 675K - AED 1.7M | Avg PSF 763 | Sales 33 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 46,658-46,658sqft | Price Range — | Avg PSF 1,858 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 520-1,481sqft | Price Range — | Avg PSF 7,316 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 7units 7 layouts · Typically 2.9 parking | Size Range 930-9,162sqft | Price Range AED 390K - AED 11.0M | Avg PSF 1,262 | Sales 7 | Trend — |
Grouped into 6 asset classes covering 385 units