PALM VIEWS - EAST
ResaleDeveloperTHE PALM - JUMEIRAH CO. (L.L.C)
CommunityPalm Jumeirah
AreaPalm Jumeirah
Started
12 years 11 months ago24-02-2013
Handover
11 years 10 months ago20-03-2014
Status
CompleteFinished
Project Description
Freehold residential building development located in palm jumeira. Designed as B+G+4 to be built as a concrete skeleton and block works with external and internal finishing.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-60%
DeclineCurrent:AED 753/sqft
Last 12M:AED 1,863/sqft
Momentum: Last 12Mvs Prior Year
Falling-25%
DeclineLast 12M:AED 1,863/sqft
Prior Year:AED 2,496/sqft
Community Compare: Last 90DPalm Jumeirah
Discount-77%
Below AvgProject:AED 753/sqft
Community:AED 3,346/sqft
Liquidity: Last 12MExit Speed
Moderate15%Turnover
16Sold (Last 12M)
Supply & Demand Matrix
PALM VIEWS - EAST averaged 15% 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
Studio
96 units
16 sold80 left
17%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Office
1 units
0 sold1 left
0%
Velocity
Layouts & Units (105)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-4 | Inventory 96units 18 layouts 8-12 sqm balcony | Size Range 251-554sqft | Price Range AED 21K - AED 1.5M | Avg PSF 1,946 | Sales 79 | Trend — | |
Asset Class 49 Bed GymnasiumFloor 1 | Inventory 2units 2 layouts 13-461 sqm balcony | Size Range 2,932-5,186sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class OfficePodium | Inventory 1units | Size Range 1,113-1,113sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 6units 6 layouts | Size Range 415-4,119sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 4 asset classes covering 105 units