OCEANA HOTEL AND APARTMENTS
ResaleDeveloperSEVEN TIDES LIMITED
CommunityPalm Jumeirah
AreaPalm Jumeirah
Started
10 years 9 months ago13-04-2015
Handover
7 years 10 months ago28-02-2018
Status
CompleteFinished
Project Description
2 Buildings (Hotel & Hotel Apartments) 3B+G+M+17+2Tech+R with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-23%
DeclineCurrent:AED 1,673/sqft
Last 12M:AED 2,178/sqft
Momentum: Last 12Mvs Prior Year
Stable0%
GrowthLast 12M:AED 2,178/sqft
Prior Year:AED 2,186/sqft
Community Compare: Last 90DPalm Jumeirah
Discount-50%
Below AvgProject:AED 1,673/sqft
Community:AED 3,346/sqft
Liquidity: Last 12MExit Speed
Low4%Turnover
12Sold (Last 12M)
Supply & Demand Matrix
OCEANA HOTEL AND APARTMENTS averaged 4% 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
221 units
11 sold210 left
5%
Velocity
1 Bedroom
65 units
1 sold64 left
2%
Velocity
2 Bedrooms
1 units
0 sold1 left
0%
Velocity
4 Bedrooms
1 units
0 sold1 left
0%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (292)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Building | Inventory 0units | Size Range 92,805-92,805sqft | Price Range — | Avg PSF 2,893 | Sales 0 | Trend — | |
Asset Class 68 Bed HotelPodium | Inventory 1units Typically 1 parking | Size Range 413,546-413,546sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Hotel ApartmentFloors 1-17 | Inventory 221units 54 layouts · Typically 1 parking 5-25 sqm balcony | Size Range 41-822sqft | Price Range AED 507K - AED 2.4M | Avg PSF 2,725 | Sales 79 | Trend — | |
Asset Class 1 Bed Hotel ApartmentFloors 1-17 | Inventory 65units 17 layouts · Typically 1 parking 5-20 sqm balcony | Size Range 42-884sqft | Price Range AED 553K - AED 2.7M | Avg PSF 2,723 | Sales 12 | Trend — | |
Asset Class 2 Bed Hotel ApartmentFloor 14 | Inventory 1units Typically 1 parking ~12 sqm balcony | Size Range 2,696-2,749sqft | Price Range — | Avg PSF 2,182 | Sales 0 | Trend — | |
Asset Class 4 Bed Hotel ApartmentFloor 18 | Inventory 1units Typically 4 parking ~57 sqm balcony | Size Range 6,109-6,109sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 92,805-92,805sqft | Price Range — | Avg PSF 3,324 | Sales 0 | Trend — | |
Asset Class Shop | Inventory 3units 3 layouts ~54 sqm balcony | Size Range 305-5,919sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 8 asset classes covering 292 units