GRANDEUR RESIDENCES
ResaleDeveloperETA STAR PROPERTY DEVELOPERS L.L.C
CommunityPalm Jumeirah
AreaPalm Jumeirah
Started
19 years 10 months ago19-03-2006
Handover
13 years 6 months ago11-07-2012
Status
CompleteFinished
Project Description
Freehold residential buildings located in Palm Jumeirah. The building is designed to be B+G+5 storey, constructed out of concrete structure with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-9%
DeclineCurrent:AED 1,904/sqft
Last 12M:AED 2,089/sqft
Momentum: Last 12Mvs Prior Year
Stable0%
GrowthLast 12M:AED 2,089/sqft
Prior Year:AED 2,079/sqft
Community Compare: Last 90DPalm Jumeirah
Discount-43%
Below AvgProject:AED 1,904/sqft
Community:AED 3,346/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
22Sold (Last 12M)
Supply & Demand Matrix
GRANDEUR RESIDENCES averaged 9% 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
1 Bedroom
104 units
12 sold92 left
12%
Velocity
2 Bedrooms
101 units
8 sold93 left
8%
Velocity
3 Bedrooms
24 units
1 sold23 left
4%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (232)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-5 | Inventory 104units 28 layouts · Typically 1 parking 4-52 sqm balcony | Size Range 274-1,569sqft | Price Range AED 950K - AED 3.7M | Avg PSF 1,715 | Sales 169 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-5 | Inventory 101units 33 layouts · Typically 1 parking 6-312 sqm balcony | Size Range 879-5,111sqft | Price Range AED 1.4M - AED 7.7M | Avg PSF 1,513 | Sales 160 | Trend — | |
Asset Class 3 Bed FlatFloors 3-5 | Inventory 24units 5 layouts · Typically 1.3 parking 35-558 sqm balcony | Size Range 2,564-12,170sqft | Price Range AED 1.8M - AED 12.8M | Avg PSF 1,394 | Sales 47 | Trend — | |
Asset Class ShopPodium | Inventory 3units 3 layouts · Typically 1 parking | Size Range 447-892sqft | Price Range AED 952K - AED 3.5M | Avg PSF 2,854 | Sales 6 | Trend — | |
Asset Class 4 Bed Villa | Inventory 0units | Size Range 5,146-9,451sqft | Price Range AED 7.0M - AED 18.8M | Avg PSF 1,868 | Sales 6 | Trend — | |
Asset Class Villa | Inventory 0units | Size Range 339,551-339,551sqft | Price Range — | Avg PSF 150 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 232 units