THE 8

Resale
CommunityPalm Jumeirah
Started
11 years 3 months ago13-10-2014
Handover
6 years 4 months ago31-08-2019
Status
CompleteFinished
Project Description

Building consist of Residential appartments/hotel appartments- B+G+7+R- Land number 2000- Palm Jumeira- Dubai.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Falling
-23%
Decline
Current:AED 2,906/sqft
Last 12M:AED 3,761/sqft
Momentum: Last 12Mvs Prior Year
Rising
+9%
Growth
Last 12M:AED 3,761/sqft
Prior Year:AED 3,466/sqft
Community Compare: Last 90DPalm Jumeirah
Discount
-13%
Below Avg
Project:AED 2,906/sqft
Community:AED 3,346/sqft
Liquidity: Last 12MExit Speed
Moderate
16%Turnover
49Sold (Last 12M)

Supply & Demand Matrix

THE 8 averaged 16% 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
1 Bedroom
74 units
14%
Velocity
2 Bedrooms
162 units
20%
Velocity
3 Bedrooms
51 units
10%
Velocity
4 Bedrooms
13 units
15%
Velocity
Shop
1 units
0%
Velocity

Layouts & Units (305)

Asset Class
1 Bed FlatPodium + Floors 1-6
Inventory
29units
29 layouts · Typically 1.2 parking
9-152 sqm balcony
Size Range
864-2,443sqft
Price Range
AED 1.3M - AED 3.9M
Avg PSF
2,198
Sales
28
Trend
Asset Class
2 Bed FlatPodium + Floors 1-6
Inventory
108units
107 layouts · Typically 1.2 parking
9-146 sqm balcony
Size Range
666-2,779sqft
Price Range
AED 1.5M - AED 6.6M
Avg PSF
2,280
Sales
80
Trend
Asset Class
3 Bed FlatPodium + Floors 1-7
Inventory
41units
41 layouts · Typically 2.2 parking
10-242 sqm balcony
Size Range
693-4,370sqft
Price Range
AED 2.3M - AED 8.5M
Avg PSF
2,298
Sales
40
Trend
Asset Class
4 Bed FlatPodium + Floor 6
Inventory
12units
12 layouts · Typically 2.8 parking
48-221 sqm balcony
Size Range
4,353-5,183sqft
Price Range
AED 7.0M - AED 18.0M
Avg PSF
2,262
Sales
12
Trend
Asset Class
Building
Inventory
0units
Size Range
506,185-506,185sqft
Price Range
Avg PSF
306
Sales
0
Trend
Asset Class
Gymnasium
Inventory
3units
3 layouts · Typically 1 parking
Size Range
901-3,242sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
GymnasiumPodium
Inventory
1units
Typically 2 parking
~176 sqm balcony
Size Range
1,848-8,488sqft
Price Range
AED 12.8M - AED 12.8M
Avg PSF
1,504
Sales
1
Trend
Asset Class
68 Bed HotelPodium
Inventory
1units
Typically 6 parking
Size Range
34,365-34,365sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
Hotel
Inventory
0units
Size Range
34,365-34,365sqft
Price Range
AED 40.9M - AED 40.9M
Avg PSF
1,191
Sales
1
Trend
Asset Class
1 Bed Hotel ApartmentPodium + Floors 1-6
Inventory
45units
45 layouts · Typically 1 parking
9-89 sqm balcony
Size Range
833-1,781sqft
Price Range
AED 1.6M - AED 4.9M
Avg PSF
2,649
Sales
56
Trend
Asset Class
2 Bed Hotel ApartmentPodium + Floors 1-6
Inventory
54units
53 layouts · Typically 1 parking
9-140 sqm balcony
Size Range
1,212-2,620sqft
Price Range
AED 2.3M - AED 7.3M
Avg PSF
3,079
Sales
77
Trend
Asset Class
3 Bed Hotel ApartmentFloors 2-6
Inventory
10units
10 layouts · Typically 2 parking
10-84 sqm balcony
Size Range
1,605-2,626sqft
Price Range
AED 3.2M - AED 12.9M
Avg PSF
3,211
Sales
16
Trend
Asset Class
4 Bed Hotel ApartmentFloor 7
Inventory
1units
Typically 3 parking
~50 sqm balcony
Size Range
3,503-3,503sqft
Price Range
AED 12.3M - AED 12.3M
Avg PSF
3,497
Sales
1
Trend
Asset Class
Land
Inventory
0units
Size Range
1,219-1,798sqft
Price Range
Avg PSF
172,135
Sales
0
Trend

Grouped into 14 asset classes covering 305 units