SHAMAL RESIDENCES 2
ResaleDeveloperLOOTAH REAL ESTATE DEVELOPMENT L.L.C
CommunityJumeirah Village Circle
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%
GrowthCurrent:AED 1,065/sqft
Last 12M:AED 1,020/sqft
Momentum: Last 12Mvs Prior Year
Stable+2%
GrowthLast 12M:AED 1,020/sqft
Prior Year:AED 1,000/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-15%
Below AvgProject:AED 1,065/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
High20%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 sold77 left
22%
Velocity
1 Bedroom
25 units
2 sold23 left
8%
Velocity
2 Bedrooms
4 units
1 sold3 left
25%
Velocity
Layouts & Units (128)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
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