Rigel
ResaleDeveloperMYRA REAL ESTATE DEVEIOPMENT L.L.C
CommunityJumeirah Village Circle
Started
7 years 1 month ago25-12-2018
Handover
4 years 9 months ago30-03-2021
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 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
Blended: Last 90Dvs Last 12M Baseline
Falling-9%
DeclineCurrent:AED 1,041/sqft
Last 12M:AED 1,150/sqft
Momentum: Last 12Mvs Prior Year
Rising+11%
GrowthLast 12M:AED 1,150/sqft
Prior Year:AED 1,037/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-17%
Below AvgProject:AED 1,041/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
15Sold (Last 12M)
Supply & Demand Matrix
Rigel averaged 7% 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
21 units
3 sold18 left
14%
Velocity
1 Bedroom
150 units
12 sold138 left
8%
Velocity
2 Bedrooms
32 units
0 sold32 left
0%
Velocity
3 Bedrooms
7 units
0 sold7 left
0%
Velocity
Shop
9 units
0 sold9 left
0%
Velocity
Layouts & Units (219)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-5 | Inventory 21units 19 layouts · Typically 1 parking 7-16 sqm balcony | Size Range 460-628sqft | Price Range AED 390K - AED 580K | Avg PSF 860 | Sales 9 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-5 | Inventory 150units 91 layouts · Typically 1 parking 6-32 sqm balcony | Size Range 406-1,065sqft | Price Range AED 382K - AED 1.1M | Avg PSF 772 | Sales 49 | Trend — | |
Asset Class 2 Bed FlatFloors 4-5 | Inventory 32units 27 layouts · Typically 1 parking 12-68 sqm balcony | Size Range 887-1,601sqft | Price Range AED 760K - AED 1.1M | Avg PSF 797 | Sales 12 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-3 | Inventory 7units 6 layouts · Typically 2 parking 25-79 sqm balcony | Size Range 1,491-2,090sqft | Price Range AED 960K - AED 2.0M | Avg PSF 695 | Sales 3 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 63,040-63,040sqft | Price Range AED 22.7M - AED 22.7M | Avg PSF 432 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 9units 4 layouts · Typically 2.1 parking | Size Range 553-1,226sqft | Price Range AED 688K - AED 1.6M | Avg PSF 1,157 | Sales 9 | Trend — |
Grouped into 6 asset classes covering 219 units