Jumeirah Gate

Resale
Started
9 years 4 months ago07-09-2016
Handover
4 years 9 months ago28-03-2021
Status
CompleteFinished
Project Description

the Project is a mixed-use twin 74 storey tower development that will accommodate three main usages; a five-star hotel with public and service support facilities within the podium levels and 14 guestroom floors located at the lower levels of the west tower. 54 floors of Address Residences (serviced apartments) are located above the hotel floors. The full east tower holds from level 3 to 72, 68 floors of The Residences (residential apartments managed by The Address). The effective built up area of the building is approximately 244,000m?. (COMMON 3B+G+M+2P)x2 towers(74+R )

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Falling
-3%
Decline
Current:AED 4,620/sqft
Last 12M:AED 4,740/sqft
Momentum: Last 12Mvs Prior Year
Stable
0%
Growth
Last 12M:AED 4,740/sqft
Prior Year:AED 4,734/sqft
Community Compare: Last 90DJumeriah Beach Residence - JBR
Premium
+127%
Above Avg
Project:AED 4,620/sqft
Community:AED 2,036/sqft
Liquidity: Last 12MExit Speed
Moderate
10%Turnover
94Sold (Last 12M)

Supply & Demand Matrix

Jumeirah Gate averaged 10% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type
Absorption (L12M)
Velocity
1 Bedroom
350 units
9%
Velocity
2 Bedrooms
325 units
13%
Velocity
3 Bedrooms
187 units
8%
Velocity
4 Bedrooms
37 units
14%
Velocity
5 Bedrooms
9 units
11%
Velocity
8 Bedrooms
1 units
0%
Velocity
Shop
10 units
0%
Velocity

Layouts & Units (920)

Asset Class
1 Bed FlatFloors 3-41
Inventory
152units
16 layouts · Typically 1 parking
5-8 sqm balcony
Size Range
212-858sqft
Price Range
AED 900K - AED 3.5M
Avg PSF
2,471
Sales
137
Trend
Asset Class
2 Bed FlatFloors 3-72
Inventory
198units
32 layouts · Typically 1 parking
7-18 sqm balcony
Size Range
148-1,989sqft
Price Range
AED 350K - AED 10.4M
Avg PSF
2,927
Sales
206
Trend
Asset Class
3 Bed FlatFloors 3-67
Inventory
90units
11 layouts · Typically 2 parking
13-34 sqm balcony
Size Range
187-2,752sqft
Price Range
AED 900K - AED 11.2M
Avg PSF
2,720
Sales
70
Trend
Asset Class
4 Bed FlatFloors 43-72
Inventory
29units
5 layouts · Typically 2 parking
~14 sqm balcony
Size Range
1,277-2,590sqft
Price Range
AED 6.5M - AED 21.1M
Avg PSF
3,317
Sales
34
Trend
Asset Class
5 Bed FlatFloors 68-72
Inventory
4units
Typically 2 parking
~44 sqm balcony
Size Range
4,246-4,300sqft
Price Range
AED 17.5M - AED 20.0M
Avg PSF
2,754
Sales
2
Trend
Asset Class
8 Bed FlatFloor 70
Inventory
1units
Typically 9 parking
~172 sqm balcony
Size Range
4,300-15,834sqft
Price Range
Avg PSF
9,160
Sales
0
Trend
Asset Class
HotelFloor 83
Inventory
1units
Typically 1 parking
Size Range
1,098,495-1,109,081sqft
Price Range
Avg PSF
1,047
Sales
0
Trend
Asset Class
1 Bed Hotel ApartmentFloors 18-71
Inventory
198units
18 layouts · Typically 1 parking
6-16 sqm balcony
Size Range
352-1,155sqft
Price Range
AED 1.1M - AED 4.6M
Avg PSF
3,216
Sales
221
Trend
Asset Class
2 Bed Hotel ApartmentFloors 18-71
Inventory
127units
20 layouts · Typically 1 parking
7-27 sqm balcony
Size Range
1,159-2,012sqft
Price Range
AED 3.4M - AED 11.6M
Avg PSF
3,691
Sales
127
Trend
Asset Class
3 Bed Hotel ApartmentFloors 18-71
Inventory
97units
10 layouts · Typically 2 parking
13-14 sqm balcony
Size Range
964-1,973sqft
Price Range
AED 5.2M - AED 13.0M
Avg PSF
3,701
Sales
104
Trend
Asset Class
4 Bed Hotel ApartmentFloors 64-71
Inventory
8units
3 layouts · Typically 2 parking
32-83 sqm balcony
Size Range
3,059-3,641sqft
Price Range
AED 9.4M - AED 31.5M
Avg PSF
3,896
Sales
7
Trend
Asset Class
5 Bed Hotel ApartmentFloors 68-73
Inventory
5units
3 layouts · Typically 4.4 parking
80-215 sqm balcony
Size Range
5,010-18,102sqft
Price Range
AED 21.0M - AED 80.0M
Avg PSF
4,542
Sales
3
Trend
Asset Class
ShopPodium + Floor 73
Inventory
10units
10 layouts · Typically 1 parking
132-305 sqm balcony
Size Range
436-11,096sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 13 asset classes covering 920 units

Jumeirah Gate in Jumeriah Beach Residence - JBR - Prices and Units | Property Index