SHAMAL RESIDENCES 2

Resale
Started
11 years 9 months ago15-04-2014
Handover
9 years 6 months ago29-06-2016
Status
CompleteFinished
Project Description

The building consist of B+G+3 typical floors+ 1 Duplex floor+ R with internal and external finishes.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Rising
+4%
Growth
Current:AED 1,065/sqft
Last 12M:AED 1,020/sqft
Momentum: Last 12Mvs Prior Year
Stable
+2%
Growth
Last 12M:AED 1,020/sqft
Prior Year:AED 1,000/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount
-15%
Below Avg
Project:AED 1,065/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
High
20%Turnover
25Sold (Last 12M)

Supply & Demand Matrix

SHAMAL RESIDENCES 2 averaged 20% liquidity over the last 12 months, which is considered high. 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
99 units
22%
Velocity
1 Bedroom
25 units
8%
Velocity
2 Bedrooms
4 units
25%
Velocity

Layouts & Units (128)

Asset Class
Studio FlatFloors 1-3
Inventory
99units
21 layouts · Typically 1 parking
5-9 sqm balcony
Size Range
172-846sqft
Price Range
AED 3K - AED 890K
Avg PSF
906
Sales
91
Trend
Asset Class
1 Bed FlatFloor 4
Inventory
25units
11 layouts · Typically 1 parking
12-19 sqm balcony
Size Range
385-1,037sqft
Price Range
AED 340K - AED 940K
Avg PSF
882
Sales
26
Trend
Asset Class
2 Bed FlatFloor 4
Inventory
4units
4 layouts · Typically 1 parking
42-70 sqm balcony
Size Range
1,476-1,820sqft
Price Range
AED 31K - AED 1.3M
Avg PSF
652
Sales
4
Trend
Asset Class
Villa
Inventory
0units
Size Range
36,893-36,893sqft
Price Range
Avg PSF
262
Sales
0
Trend

Grouped into 4 asset classes covering 128 units