Rise Residences
HandoverCommunityJumeirah Village Circle
Started
2 years 5 months ago25-08-2023
Handover
4 months ago31-08-2025
Status
81% BuiltIn Progress
Project Description
Residential Building (G+4P+11 Typical + ROOF).The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+3%
GrowthCurrent:AED 1,362/sqft
Last 12M:AED 1,326/sqft
Momentum: Last 12Mvs Prior Year
Rising+14%
GrowthLast 12M:AED 1,326/sqft
Prior Year:AED 1,163/sqft
Community Compare: Last 90DJumeirah Village Circle
Premium+9%
Above AvgProject:AED 1,362/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
17Sold (Last 12M)
Supply & Demand Matrix
Rise Residences averaged 10% liquidity over the last 12 months, which is considered moderate. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
Studio
49 units
7 sold42 left
14%
Velocity
1 Bedroom
113 units
7 sold106 left
6%
Velocity
2 Bedrooms
11 units
3 sold8 left
27%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (174)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-11 | Inventory 49units 9 layouts · Typically 1 parking 4-7 sqm balcony | Size Range 198-429sqft | Price Range AED 500K - AED 655K | Avg PSF 1,329 | Sales 56 | Trend — | |
Asset Class 1 Bed FlatFloors 1-11 | Inventory 113units 23 layouts · Typically 1 parking 4-16 sqm balcony | Size Range 643-825sqft | Price Range AED 692K - AED 1.1M | Avg PSF 1,101 | Sales 120 | Trend — | |
Asset Class 2 Bed FlatFloors 1-11 | Inventory 11units 3 layouts · Typically 1 parking 22-47 sqm balcony | Size Range 1,101-1,379sqft | Price Range AED 1.1M - AED 1.6M | Avg PSF 1,086 | Sales 14 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 7,915-15,831sqft | Price Range AED 2.8M - AED 14.6M | Avg PSF 587 | Sales 4 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 3 parking | Size Range 1,366-1,390sqft | Price Range AED 2.8M - AED 2.8M | Avg PSF 2,028 | Sales 1 | Trend — |
Grouped into 5 asset classes covering 174 units