CLOUD Tower
HandoverDeveloperTIGER PROPERTIES
CommunityJumeirah Village Triangle
Started
3 years 10 months ago01-03-2022
Handover
10 months ago28-02-2025
Status
72% BuiltIn Progress
Project Description
Common (2B+G+4P ),Block A:( (27+ R),Block B:(29+ R). Mix use development.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+11%
GrowthCurrent:AED 1,452/sqft
Last 12M:AED 1,305/sqft
Momentum: Last 12Mvs Prior Year
Rising+9%
GrowthLast 12M:AED 1,305/sqft
Prior Year:AED 1,199/sqft
Community Compare: Last 90DJumeirah Village Triangle
Discount-4%
Below AvgProject:AED 1,452/sqft
Community:AED 1,517/sqft
Liquidity: Last 12MExit Speed
High31%Turnover
140Sold (Last 12M)
Supply & Demand Matrix
CLOUD Tower averaged 31% 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
60 units
22 sold38 left
37%
Velocity
1 Bedroom
334 units
101 sold233 left
30%
Velocity
2 Bedrooms
49 units
16 sold33 left
33%
Velocity
3 Bedrooms
4 units
1 sold3 left
25%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Office
6 units
0 sold6 left
0%
Velocity
Layouts & Units (456)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-23 | Inventory 60units 10 layouts · Typically 1 parking 3-12 sqm balcony | Size Range 335-485sqft | Price Range AED 377K - AED 680K | Avg PSF 1,215 | Sales 67 | Trend — | |
Asset Class 1 Bed FlatFloors 1-27 | Inventory 334units 42 layouts · Typically 1 parking 3-97 sqm balcony | Size Range 550-1,601sqft | Price Range AED 570K - AED 1.6M | Avg PSF 1,206 | Sales 319 | Trend — | |
Asset Class 2 Bed FlatFloors 1-28 | Inventory 49units 14 layouts · Typically 1.1 parking 8-57 sqm balcony | Size Range 930-1,523sqft | Price Range AED 600K - AED 1.9M | Avg PSF 1,204 | Sales 51 | Trend — | |
Asset Class 3 Bed FlatFloors 26-28 | Inventory 4units 4 layouts · Typically 2 parking ~19 sqm balcony | Size Range 2,018-2,093sqft | Price Range AED 2.4M - AED 2.9M | Avg PSF 1,252 | Sales 3 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 23,501-48,578sqft | Price Range AED 14.8M - AED 15.0M | Avg PSF 471 | Sales 2 | Trend — | |
Asset Class OfficeFloors 2-3 | Inventory 6units 5 layouts · Typically 4 parking | Size Range 833-2,616sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 3units 3 layouts · Typically 8.3 parking | Size Range 2,184-6,179sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 7 asset classes covering 456 units