PORT DE LA MER - LE SOLEIL

Handover
CommunityLA MER
Started
4 years 10 months ago06-03-2021
Handover
1 year 1 month ago08-12-2024
Status
82% BuiltIn Progress
Project Description

Building 1: 8F+R Building 2: 6F+R Building 3: 6F+R Podium (Shared): 2B+G+1F+R

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Falling
-3%
Decline
Current:AED 3,176/sqft
Last 12M:AED 3,260/sqft
Momentum: Last 12Mvs Prior Year
Falling
-4%
Decline
Last 12M:AED 3,260/sqft
Prior Year:AED 3,388/sqft
Community Compare: Last 90DLA MER
Discount
-37%
Below Avg
Project:AED 3,176/sqft
Community:AED 5,019/sqft
Liquidity: Last 12MExit Speed
High
21%Turnover
39Sold (Last 12M)

Supply & Demand Matrix

PORT DE LA MER - LE SOLEIL averaged 21% 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
1 Bedroom
68 units
25%
Velocity
2 Bedrooms
69 units
23%
Velocity
3 Bedrooms
33 units
18%
Velocity
4 Bedrooms
4 units
0%
Velocity
5 Bedrooms
4 units
0%
Velocity
Shop
5 units
0%
Velocity
Office
1 units
0%
Velocity

Layouts & Units (184)

Asset Class
1 Bed FlatFloors 1-6
Inventory
68units
17 layouts · Typically 1 parking
4-20 sqm balcony
Size Range
784-953sqft
Price Range
AED 1.7M - AED 3.1M
Avg PSF
2,595
Sales
94
Trend
Asset Class
2 Bed FlatFloors 1-8
Inventory
69units
30 layouts · Typically 1 parking
7-48 sqm balcony
Size Range
318-2,036sqft
Price Range
AED 909K - AED 9.0M
Avg PSF
2,770
Sales
105
Trend
Asset Class
3 Bed FlatFloors 1-6
Inventory
33units
18 layouts · Typically 2 parking
8-62 sqm balcony
Size Range
1,679-2,542sqft
Price Range
AED 5.6M - AED 11.3M
Avg PSF
3,303
Sales
46
Trend
Asset Class
4 Bed FlatFloors 5-8
Inventory
4units
4 layouts · Typically 2 parking
31-115 sqm balcony
Size Range
2,722-3,890sqft
Price Range
AED 9.1M - AED 20.3M
Avg PSF
4,558
Sales
7
Trend
Asset Class
5 Bed FlatFloors 5-7
Inventory
4units
4 layouts · Typically 3.5 parking
182-402 sqm balcony
Size Range
7,219-11,351sqft
Price Range
AED 29.1M - AED 42.0M
Avg PSF
4,540
Sales
4
Trend
Asset Class
OfficePodium
Inventory
1units
Typically 8 parking
Size Range
4,111-4,111sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
ShopPodium
Inventory
5units
5 layouts · Typically 3 parking
Size Range
843-3,134sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 7 asset classes covering 184 units

PORT DE LA MER - LE SOLEIL in LA MER - Prices and Units | Property Index