PALM VIEWS - WEST
ResaleDeveloperTHE PALM - JUMEIRAH CO. (L.L.C)
CommunityPalm Jumeirah
AreaPalm Jumeirah
Started
12 years 11 months ago24-02-2013
Handover
11 years 2 months ago09-11-2014
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-34%
DeclineCurrent:AED 1,691/sqft
Last 12M:AED 2,546/sqft
Momentum: Last 12Mvs Prior Year
Stable0%
GrowthLast 12M:AED 2,546/sqft
Prior Year:AED 2,549/sqft
Community Compare: Last 90DPalm Jumeirah
Discount-49%
Below AvgProject:AED 1,691/sqft
Community:AED 3,346/sqft
Liquidity: Last 12MExit Speed
High24%Turnover
25Sold (Last 12M)
Supply & Demand Matrix
PALM VIEWS - WEST averaged 24% liquidity over the last 12 months, which is considered high. 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
94 units
24 sold70 left
26%
Velocity
1 Bedroom
1 units
1 sold0 left
100%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Office
1 units
0 sold1 left
0%
Velocity
Layouts & Units (104)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-4 | Inventory 94units 19 layouts 8-12 sqm balcony | Size Range 5-554sqft | Price Range AED 38K - AED 1.7M | Avg PSF 1,966 | Sales 104 | Trend — | |
Asset Class 1 Bed FlatFloor 2 | Inventory 1units~24 sqm balcony | Size Range 1,107-1,107sqft | Price Range AED 2.1M - AED 2.9M | Avg PSF 2,153 | Sales 2 | Trend — | |
Asset Class 49 Bed GymnasiumFloor 1 | Inventory 2units 2 layouts 13-461 sqm balcony | Size Range 2,928-5,185sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class OfficePodium | Inventory 1units | Size Range 1,198-1,198sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 6units 6 layouts | Size Range 523-3,563sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 104 units