THE HAVEN RESIDENCES

Resale
Started
5 years 7 months ago15-06-2020
Handover
3 years 9 months ago15-04-2022
Status
CompleteFinished
Project Description

Residential Building (B+G+4+R)

Performance Alpha

Sales Performance

Blended: Last 90Dvs Last 12M Baseline
Falling
-8%Decline
Current:AED 1,229/sqft
Last 12M:AED 1,330/sqft
Momentum: Last 12Mvs Prior Year
Rising
+5%Growth
Last 12M:AED 1,330/sqft
Prior Year:AED 1,266/sqft
Community Compare: Last 90DJumeirah Village Circle
At Market
-2%Below Avg
Project:AED 1,229/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Low
9%Turnover
15Sold (Last 12M)

Rental Performance

Rent Pricing: L12MPer Sqft / Year
AED 1,032/sqft
Range:AED 468AED 1K
Avg Unit:AED 82K/yr
Leasing Volume: L12MContracts Signed
Very Active
121Total
New:68
Renew:53
Tenant RetentionRenewal Rate
Good
44%renewals
56% new tenants44% renewals
Gross YieldAnnual Return
High Yield
84.0%Yield
Rent:AED 1,032/sqft
Price:AED 1,229/sqft

Supply & Demand Matrix

THE HAVEN RESIDENCES averaged 9% liquidity over the last 12 months, which is considered low. 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
9 units
11%
Velocity
1 Bedroom
133 units
9%
Velocity
2 Bedrooms
19 units
11%
Velocity

Layouts & Units (161)

Asset Class
Studio FlatPodium + Floors 1-4
Inventory
9units
6 layouts · Typically 1 parking
5-7 sqm balcony
Size Range
312-473sqft
Price Range
AED 545K - AED 670K
Avg PSF
1,152
Sales
4
Trend
Asset Class
1 Bed FlatPodium + Floors 1-4
Inventory
133units
74 layouts · Typically 1 parking
8-102 sqm balcony
Size Range
394-1,931sqft
Price Range
AED 761K - AED 1.3M
Avg PSF
961
Sales
32
Trend
Asset Class
2 Bed FlatPodium + Floors 1-4
Inventory
19units
14 layouts · Typically 1.1 parking
11-74 sqm balcony
Size Range
1,070-1,837sqft
Price Range
AED 1.6M - AED 2.2M
Avg PSF
1,030
Sales
4
Trend
Asset Class
Land
Inventory
0units
Size Range
29,437-58,875sqft
Price Range
AED 1.9M - AED 6.0M
Avg PSF
161
Sales
2
Trend

Grouped into 4 asset classes covering 161 units