MURABA RESIDENCES PALM JUMERIAH

Mature
CommunityPalm Jumeirah
Started
11 years 3 months ago01-10-2014
Handover
9 years 9 months ago31-03-2016
Status
CompleteFinished
Project Description

Residential Building (B+G+9+R), Located in Palm Jumeirah

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline
Rising
+3%
Growth
Current:AED 4,004/sqft
Last 12M:AED 3,882/sqft
Momentum: Last 12Mvs Prior Year
Rising
+5%
Growth
Last 12M:AED 3,882/sqft
Prior Year:AED 3,706/sqft
Community Compare: Last 90DPalm Jumeirah
Premium
+20%
Above Avg
Project:AED 4,004/sqft
Community:AED 3,346/sqft
Liquidity: Last 12MExit Speed
Moderate
14%Turnover
7Sold (Last 12M)

Supply & Demand Matrix

MURABA RESIDENCES PALM JUMERIAH averaged 14% 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
2 Bedrooms
32 units
13%
Velocity
3 Bedrooms
14 units
14%
Velocity
PENTHOUSE
4 units
25%
Velocity

Layouts & Units (50)

Asset Class
Flat
Inventory
0units
Size Range
1,198-6,738sqft
Price Range
AED 17.7M - AED 26.5M
Avg PSF
3,441
Sales
3
Trend
Asset Class
2 Bed FlatPodium + Floors 1-7
Inventory
32units
7 layouts · Typically 1.3 parking
11-24 sqm balcony
Size Range
990-2,213sqft
Price Range
AED 2.5M - AED 9.1M
Avg PSF
3,506
Sales
34
Trend
Asset Class
3 Bed FlatFloors 1-7
Inventory
14units
Typically 2 parking
~23 sqm balcony
Size Range
2,387-2,430sqft
Price Range
AED 7.5M - AED 11.1M
Avg PSF
3,433
Sales
14
Trend
Asset Class
22 Bed FlatFloors 8-9
Inventory
4units
4 layouts · Typically 3 parking
106-227 sqm balcony
Size Range
4,791-6,746sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
Building
Inventory
0units
Size Range
53,261-53,261sqft
Price Range
Avg PSF
862
Sales
0
Trend
Asset Class
Land
Inventory
0units
Size Range
1,980-1,980sqft
Price Range
Avg PSF
79,801
Sales
0
Trend

Grouped into 6 asset classes covering 50 units