SHERENA RESIDENCE
ResaleDeveloperROSE HOMES INVESTMENT (L.L.C)
CommunityMajan
AreaWadi Al Safa 3
Started
11 years 4 months ago15-09-2014
Handover
8 years 10 months ago15-03-2017
Status
CompleteFinished
Project Description
Residential building located in Wadi Al Safa 3 community, proposed to be constructed B+G+10 floors (3 Blocks with the same number of floors: A,B&C) of concrete structure with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+13%
GrowthCurrent:AED 1,072/sqft
Last 12M:AED 948/sqft
Momentum: Last 12Mvs Prior Year
Rising+13%
GrowthLast 12M:AED 948/sqft
Prior Year:AED 836/sqft
Community Compare: Last 90DMajan
Discount-35%
Below AvgProject:AED 1,072/sqft
Community:AED 1,639/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
23Sold (Last 12M)
Supply & Demand Matrix
SHERENA RESIDENCE averaged 8% 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
66 units
4 sold62 left
6%
Velocity
1 Bedroom
123 units
8 sold115 left
7%
Velocity
2 Bedrooms
99 units
11 sold88 left
11%
Velocity
3 Bedrooms
10 units
0 sold10 left
0%
Velocity
4 Bedrooms
2 units
0 sold2 left
0%
Velocity
Layouts & Units (300)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-10 | Inventory 66units 12 layouts · Typically 1 parking 5-25 sqm balcony | Size Range 433-650sqft | Price Range AED 325K - AED 550K | Avg PSF 871 | Sales 51 | Trend — | |
Asset Class 1 Bed FlatFloors 1-10 | Inventory 123units 24 layouts · Typically 1 parking 6-61 sqm balcony | Size Range 700-1,391sqft | Price Range AED 519K - AED 865K | Avg PSF 738 | Sales 81 | Trend — | |
Asset Class 2 Bed FlatFloors 1-10 | Inventory 99units 34 layouts · Typically 1 parking 8-65 sqm balcony | Size Range 572-1,702sqft | Price Range AED 600K - AED 1.4M | Avg PSF 705 | Sales 86 | Trend — | |
Asset Class 3 Bed FlatFloors 2-10 | Inventory 10units 3 layouts · Typically 2 parking 31-51 sqm balcony | Size Range 1,730-2,280sqft | Price Range AED 1.2M - AED 1.6M | Avg PSF 617 | Sales 8 | Trend — | |
Asset Class 4 Bed FlatFloor 8 | Inventory 2units 2 layouts · Typically 2 parking 301-302 sqm balcony | Size Range 5,291-5,311sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 67,361-67,361sqft | Price Range — | Avg PSF 419 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 497-5,311sqft | Price Range — | Avg PSF 54,489 | Sales 0 | Trend — |
Grouped into 7 asset classes covering 300 units