THE IVY
ResaleCommunityJumeirah Village Triangle
Started
3 years 11 months ago18-02-2022
Handover
1 year 6 months ago25-07-2024
Status
CompleteFinished
Project Description
Residential Building with retails @ ground & service floors (G+4p + service floor + 14 Typ. + Penthouse 2 levels + R)
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Falling-13%Decline
Current:AED 1,283/sqft
Last 12M:AED 1,475/sqft
Momentum: Last 12Mvs Prior Year
Rising+5%Growth
Last 12M:AED 1,475/sqft
Prior Year:AED 1,403/sqft
Community Compare: Last 90DJumeirah Village Triangle
Discount-15%Below Avg
Project:AED 1,283/sqft
Community:AED 1,517/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
21Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,167/sqft
Range:AED 39 – AED 2K
Avg Unit:AED 88K/yr
Leasing Volume: L12MContracts Signed
Very Active163Total
New:66
Renew:97
Tenant RetentionRenewal Rate
Excellent60%renewals
40% new tenants60% renewals
Gross YieldAnnual Return
High Yield91.0%Yield
Rent:AED 1,167/sqft
Price:AED 1,283/sqft
Supply & Demand Matrix
THE IVY 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
28 units
2 sold26 left
7%
Velocity
1 Bedroom
182 units
18 sold164 left
10%
Velocity
2 Bedrooms
13 units
1 sold12 left
8%
Velocity
Office
4 units
0 sold4 left
0%
Velocity
Layouts & Units (228)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-14 | Inventory 28units 2 layouts · Typically 1 parking 5-8 sqm balcony | Size Range 262-526sqft | Price Range AED 389K - AED 800K | Avg PSF 1,178 | Sales 5 | Trend — | |
Asset Class 1 Bed FlatFloors 1-14 | Inventory 182units 12 layouts · Typically 1 parking 2-16 sqm balcony | Size Range 351-907sqft | Price Range AED 480K - AED 1.6M | Avg PSF 1,114 | Sales 39 | Trend — | |
Asset Class 2 Bed FlatFloor 15 | Inventory 13units 13 layouts · Typically 1.9 parking 2-51 sqm balcony | Size Range 728-1,972sqft | Price Range AED 1.9M - AED 2.4M | Avg PSF 1,288 | Sales 2 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 31,746-31,746sqft | Price Range AED 17.3M - AED 17.3M | Avg PSF 722 | Sales 1 | Trend — | |
Asset Class Office | Inventory 4units 4 layouts · Typically 5.3 parking 31-299 sqm balcony | Size Range 1,365-5,575sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Show RoomsPodium | Inventory 1units Typically 22 parking ~207 sqm balcony | Size Range 11,566-11,566sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 6 asset classes covering 228 units