SUNRISE BOULEVARD
MatureDeveloperLUX REAL ESTATE
CommunityLiwan1
AreaWadi Al Safa 2
Started
16 years 8 months ago01-05-2009
Handover
14 years 4 months ago12-09-2011
Status
CompleteFinished
Project Description
Freehold residential development located in Nad Al Shiba. The project consists of 3 townhouses blocks B+G+1 storey. The buildings are being constructed as concrete structure and block with external and internal finishes.
Performance Alpha
Rent Pricing: L12MPer Sqft / Year
AED 398/sqft
Range:AED 352 – AED 470
Avg Unit:AED 85K/yr
Leasing Volume: L12MContracts Signed
Very Active6Total
New:1
Renew:5
Tenant RetentionRenewal Rate
Excellent83%renewals
17% new tenants83% renewals
Avg Annual RentPer Unit
AED 85K/year
Based on 6 contracts
Layouts & Units (6)
| Property Type | Contracts (L12M) | Size Range | Rent Range (PSF) | Avg Rent/Sqft | Avg Annual | |
|---|---|---|---|---|---|---|
Property Type 2 bed rooms+hallvilla | Contracts 18 | Size Range 205-213sqft | Rent Range 341-469 | Avg Rent/Sqft 381AED | Avg Annual AED 80K | |
Property Type 3 bed rooms+hallvilla | Contracts 30 | Size Range 202-229sqft | Rent Range 284-480 | Avg Rent/Sqft 390AED | Avg Annual AED 84K |
48 rental contracts grouped into 2 property types