Port De La Mer - La Sirene 2
ResaleDeveloperPDLM RESIDENTIAL L.L.C
CommunityLA MER
AreaJumeirah First
Started
4 years 1 month ago05-12-2021
Handover
1 year 7 months ago06-06-2024
Status
CompleteFinished
Project Description
Residential with retail units at Ground Floor Level. Shared floors: G + 1 + R Building 4, G+6 with total no. of 40 units Building 5, G+6 with total no. of 45 units Building 6, G+6 with total no. of 44 units
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-4%
DeclineCurrent:AED 2,803/sqft
Last 12M:AED 2,922/sqft
Momentum: Last 12Mvs Prior Year
Falling-11%
DeclineLast 12M:AED 2,922/sqft
Prior Year:AED 3,291/sqft
Community Compare: Last 90DLA MER
Discount-44%
Below AvgProject:AED 2,803/sqft
Community:AED 5,019/sqft
Liquidity: Last 12MExit Speed
Moderate18%Turnover
24Sold (Last 12M)
Supply & Demand Matrix
Port De La Mer - La Sirene 2 averaged 18% 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
64 units
10 sold54 left
16%
Velocity
2 Bedrooms
60 units
13 sold47 left
22%
Velocity
3 Bedrooms
5 units
1 sold4 left
20%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (130)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-6 | Inventory 64units 27 layouts · Typically 1 parking 5-18 sqm balcony | Size Range 674-917sqft | Price Range AED 2.1M - AED 2.4M | Avg PSF 2,303 | Sales 11 | Trend — | |
Asset Class 2 Bed FlatFloors 1-6 | Inventory 60units 30 layouts · Typically 1 parking 7-41 sqm balcony | Size Range 602-1,644sqft | Price Range AED 3.0M - AED 4.1M | Avg PSF 2,290 | Sales 13 | Trend — | |
Asset Class 3 Bed FlatFloors 5-6 | Inventory 5units 5 layouts · Typically 2 parking ~35 sqm balcony | Size Range 2,313-2,325sqft | Price Range AED 8.7M - AED 8.7M | Avg PSF 2,398 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 834-834sqft | Price Range — | Avg PSF 3,895 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 1 parking | Size Range 798-798sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 130 units