The Alba Residences by Omniyat
Pre-LaunchCommunityPalm Jumeirah
AreaPalm Jumeirah
Started
1 year 6 months ago01-07-2024
Handover
In 2 years 2 months31-03-2028
Status
2% BuiltIn Progress
Project Description
3 Components Component 1 (Tower 1): Unfurnished Residential Tower 1B + LG + G + 11 - 72 units Component 2 (Tower 2): Furnished Residential Tower - 1B + LG + G + 11- 65 units Component 3 (Tower 3): 5 Star Hotel 1B + LG + G + 6 - 78 keys
Performance Alpha
Developer Sales: Last 90Dvs Last 12M Baseline
Falling-5%
DeclineCurrent:AED 9,331/sqft
Last 12M:AED 9,870/sqft
Momentum: Last 12Mvs Prior Year
Rising+12%
GrowthLast 12M:AED 9,870/sqft
Prior Year:AED 8,801/sqft
Community Compare: Last 90DPalm Jumeirah
Premium+179%
Above AvgProject:AED 9,331/sqft
Community:AED 3,346/sqft
Layouts & Units (165)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 2 Bed FlatFloors 1-11 | Inventory 37units 32 layouts · Typically 1 parking 22-100 sqm balcony | Size Range 1,518-2,753sqft | Price Range AED 20.0M - AED 24.4M | Avg PSF 11,300 | Sales 9 | Trend — | |
Asset Class 3 Bed FlatFloors 1-11 | Inventory 72units 72 layouts · Typically 1 parking 23-249 sqm balcony | Size Range 2,418-6,485sqft | Price Range AED 29.1M - AED 61.3M | Avg PSF 9,599 | Sales 19 | Trend — | |
Asset Class 4 Bed FlatFloors 1-9 | Inventory 52units 50 layouts · Typically 1 parking 134-1095 sqm balcony | Size Range 5,826-25,894sqft | Price Range AED 45.1M - AED 70.2M | Avg PSF 8,670 | Sales 11 | Trend — | |
Asset Class 5 Bed Flat | Inventory 1units Typically 1 parking ~1115 sqm balcony | Size Range 34,685-34,685sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class 6 Bed FlatFloor 10 | Inventory 2units 2 layouts · Typically 1 parking 1256-1380 sqm balcony | Size Range 31,388-32,759sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class HotelPodium | Inventory 1units Typically 1 parking | Size Range 471,258-471,258sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 571,285-571,285sqft | Price Range — | Avg PSF 526 | Sales 0 | Trend — |
Grouped into 7 asset classes covering 165 units