Tranquil Wellness Tower

Resale
Started
4 years 2 months ago01-11-2021
Handover
2 years 3 months ago10-10-2023
Status
CompleteFinished
Project Description

Hotel Apartment Building (UG+G+4P+33)

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Stable
0%
Growth
Current:AED 1,555/sqft
Last 12M:AED 1,555/sqft
Momentum: Last 12Mvs Prior Year
No sales in period
Community Compare: Last 90DJumeirah Village Triangle
Premium
+11%
Above Avg
Project:AED 1,686/sqft
Community:AED 1,517/sqft
Liquidity: Last 12MExit Speed
Low
2%Turnover
4Sold (Last 12M)

Supply & Demand Matrix

Tranquil Wellness Tower averaged 2% 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
17 units
0%
Velocity
1 Bedroom
132 units
2%
Velocity
2 Bedrooms
101 units
2%
Velocity
3 Bedrooms
1 units
0%
Velocity

Layouts & Units (252)

Asset Class
2 Bed Hotel ApartmentFloors 10-37
Inventory
101units
8 layouts · Typically 1 parking
10-25 sqm balcony
Size Range
733-1,176sqft
Price Range
AED 1.1M - AED 2.2M
Avg PSF
1,552
Sales
2
Trend
Asset Class
Hotel ApartmentFloors 10-26
Inventory
17units
Typically 1 parking
~6 sqm balcony
Size Range
427-428sqft
Price Range
Avg PSF
1,583
Sales
0
Trend
Asset Class
1 Bed Hotel ApartmentFloors 10-37
Inventory
132units
9 layouts · Typically 1 parking
6-16 sqm balcony
Size Range
395-775sqft
Price Range
AED 585K - AED 950K
Avg PSF
1,507
Sales
2
Trend
Asset Class
3 Bed Hotel ApartmentFloor 38
Inventory
1units
Typically 2 parking
~234 sqm balcony
Size Range
5,591-5,591sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
Land
Inventory
0units
Size Range
29,408-29,408sqft
Price Range
Avg PSF
857
Sales
0
Trend
Asset Class
Sized PartitionPodium
Inventory
1units
Typically 11 parking
Size Range
51,132-51,132sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 6 asset classes covering 252 units