THE EAST CREST BY METEORA

Handover
Started
2 years 10 months ago13-03-2023
Handover
10 months ago13-03-2025
Status
86% BuiltIn Progress
Project Description

(G+M+4P+15+R) With Retails @ GF Residential+Retail,The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Rising
+14%
Growth
Current:AED 1,610/sqft
Last 12M:AED 1,418/sqft
Momentum: Last 12Mvs Prior Year
Rising
+20%
Growth
Last 12M:AED 1,418/sqft
Prior Year:AED 1,183/sqft
Community Compare: Last 90DJumeirah Village Circle
Premium
+28%
Above Avg
Project:AED 1,610/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate
16%Turnover
19Sold (Last 12M)

Supply & Demand Matrix

THE EAST CREST BY METEORA averaged 16% liquidity over the last 12 months, which is considered moderate. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.

Type
Absorption (L12M)
Velocity
1 Bedroom
118 units
14%
Velocity
Shop
3 units
67%
Velocity

Layouts & Units (121)

Asset Class
1 Bed FlatFloors 1-15
Inventory
118units
27 layouts · Typically 1 parking
9-39 sqm balcony
Size Range
615-931sqft
Price Range
AED 608K - AED 1.1M
Avg PSF
1,158
Sales
135
Trend
Asset Class
Land
Inventory
0units
Size Range
14,562-14,562sqft
Price Range
AED 10.9M - AED 10.9M
Avg PSF
3,268
Sales
1
Trend
Asset Class
ShopPodium
Inventory
3units
3 layouts · Typically 1 parking
Size Range
854-1,135sqft
Price Range
AED 2.4M - AED 2.8M
Avg PSF
2,351
Sales
2
Trend

Grouped into 3 asset classes covering 121 units