SERENITY LAKES 5
ResaleDeveloperGULF LAND PROPERTY DEVELOPERS L.L.C
CommunityJumeirah Village Circle
Started
11 years 7 months ago01-06-2014
Handover
3 years 4 months ago20-09-2022
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF B+G+P+4+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
Rising+6%
GrowthCurrent:AED 1,346/sqft
Last 12M:AED 1,272/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DJumeirah Village Circle
Premium+7%
Above AvgProject:AED 1,346/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
21Sold (Last 12M)
Supply & Demand Matrix
SERENITY LAKES 5 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
116 units
11 sold105 left
9%
Velocity
1 Bedroom
107 units
9 sold98 left
8%
Velocity
2 Bedrooms
3 units
1 sold2 left
33%
Velocity
Layouts & Units (226)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-4 | Inventory 116units 34 layouts · Typically 1 parking 2-46 sqm balcony | Size Range 192-841sqft | Price Range AED 468K - AED 681K | Avg PSF 1,029 | Sales 11 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-4 | Inventory 107units 43 layouts · Typically 0.2 parking 2-69 sqm balcony | Size Range 314-1,979sqft | Price Range AED 785K - AED 1.4M | Avg PSF 1,026 | Sales 9 | Trend — | |
Asset Class 2 Bed FlatFloors 1-3 | Inventory 3units 3 layouts · Typically 1.3 parking 9-17 sqm balcony | Size Range 987-1,074sqft | Price Range AED 1.1M - AED 1.1M | Avg PSF 1,018 | Sales 1 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 30,762-30,762sqft | Price Range — | Avg PSF 341 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 226 units