SHAMAL WAVES
MatureDeveloperLOOTAH REAL ESTATE DEVELOPMENT L.L.C
CommunityJumeirah Village Circle
Started
9 years 5 months ago01-08-2016
Handover
7 years 1 month ago09-12-2018
Status
CompleteFinished
Project Description
MIDRISE RESIDENTAIL BUILDING (2B+G+3 typical+4th Loft floor+roof+upper roof)
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Stable-2%
DeclineCurrent:AED 892/sqft
Last 12M:AED 912/sqft
Momentum: Last 12Mvs Prior Year
Rising+230%
GrowthLast 12M:AED 912/sqft
Prior Year:AED 276/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-29%
Below AvgProject:AED 892/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
High38%Turnover
26Sold (Last 12M)
Supply & Demand Matrix
SHAMAL WAVES averaged 38% 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
51 units
21 sold30 left
41%
Velocity
1 Bedroom
14 units
3 sold11 left
21%
Velocity
2 Bedrooms
3 units
2 sold1 left
67%
Velocity
Layouts & Units (68)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-3 | Inventory 51units 17 layouts · Typically 1 parking 5-9 sqm balcony | Size Range 57-1,260sqft | Price Range AED 2K - AED 750K | Avg PSF 657 | Sales 102 | Trend — | |
Asset Class 1 Bed FlatFloors 1-4 | Inventory 14units 12 layouts · Typically 1 parking 12-88 sqm balcony | Size Range 118-2,201sqft | Price Range AED 4K - AED 1.2M | Avg PSF 561 | Sales 33 | Trend — | |
Asset Class 2 Bed FlatFloors 1-3 | Inventory 3units Typically 1 parking ~11 sqm balcony | Size Range 997-998sqft | Price Range AED 21K - AED 1.1M | Avg PSF 743 | Sales 4 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 20,783-20,783sqft | Price Range — | Avg PSF 262 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 68 units