STONEHENGE RESIDENCES 2
HandoverDeveloperSEGREX DEVELOPMENT L.L.C
CommunityJumeirah Village Circle
Started
2 years 7 months ago01-06-2023
Status
86% BuiltIn Progress
Project Description
Residential Building with retail -4 basements + Ground Floor + 10 Floors + 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+5%
GrowthCurrent:AED 1,457/sqft
Last 12M:AED 1,391/sqft
Momentum: Last 12Mvs Prior Year
Rising+8%
GrowthLast 12M:AED 1,391/sqft
Prior Year:AED 1,288/sqft
Community Compare: Last 90DJumeirah Village Circle
Premium+16%
Above AvgProject:AED 1,457/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
High33%Turnover
52Sold (Last 12M)
Supply & Demand Matrix
STONEHENGE RESIDENCES 2 averaged 33% liquidity over the last 12 months, which is considered high. 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
48 units
14 sold34 left
29%
Velocity
1 Bedroom
100 units
35 sold65 left
35%
Velocity
2 Bedrooms
4 units
2 sold2 left
50%
Velocity
Shop
4 units
1 sold3 left
25%
Velocity
Layouts & Units (156)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-10 | Inventory 48units 8 layouts · Typically 1 parking 4-13 sqm balcony | Size Range 441-680sqft | Price Range AED 448K - AED 820K | Avg PSF 1,385 | Sales 55 | Trend — | |
Asset Class 1 Bed FlatFloors 1-10 | Inventory 100units 40 layouts · Typically 1 parking 5-35 sqm balcony | Size Range 616-1,175sqft | Price Range AED 702K - AED 1.2M | Avg PSF 1,227 | Sales 105 | Trend — | |
Asset Class 2 Bed FlatFloor 10 | Inventory 4units 4 layouts · Typically 1 parking 123-181 sqm balcony | Size Range 2,348-3,027sqft | Price Range AED 2.0M - AED 2.3M | Avg PSF 809 | Sales 4 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 17,750-17,750sqft | Price Range AED 12.1M - AED 16.2M | Avg PSF 796 | Sales 2 | Trend — | |
Asset Class ShopPodium | Inventory 4units 4 layouts · Typically 1 parking | Size Range 258-858sqft | Price Range AED 799K - AED 2.3M | Avg PSF 2,878 | Sales 5 | Trend — |
Grouped into 5 asset classes covering 156 units