VICEROY HOTEL RESORTS RESIDENCES

Resale
CommunityPalm Jumeirah
Started
12 years 7 months ago27-05-2013
Handover
9 years 2 months ago14-11-2016
Status
CompleteFinished
Project Description

The project is a hotel located in palm jumeira. Designed as (2B+G+proposed 17 floors) to be built as a concrete skeleton and block works with external and internal finishing.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Rising
+3%
Growth
Current:AED 2,990/sqft
Last 12M:AED 2,889/sqft
Momentum: Last 12Mvs Prior Year
Falling
-6%
Decline
Last 12M:AED 2,889/sqft
Prior Year:AED 3,059/sqft
Community Compare: Last 90DPalm Jumeirah
Discount
-11%
Below Avg
Project:AED 2,990/sqft
Community:AED 3,346/sqft
Liquidity: Last 12MExit Speed
Low
4%Turnover
30Sold (Last 12M)

Supply & Demand Matrix

VICEROY HOTEL RESORTS RESIDENCES 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
352 units
3%
Velocity
1 Bedroom
141 units
4%
Velocity
2 Bedrooms
130 units
9%
Velocity
3 Bedrooms
39 units
8%
Velocity
4 Bedrooms
30 units
3%
Velocity
5 Bedrooms
6 units
0%
Velocity
Shop
8 units
0%
Velocity

Layouts & Units (708)

Asset Class
1 Bed FlatPodium + Floors 4-15
Inventory
29units
18 layouts · Typically 1 parking
12-110 sqm balcony
Size Range
1,070-2,209sqft
Price Range
AED 2.0M - AED 4.1M
Avg PSF
2,213
Sales
39
Trend
Asset Class
2 Bed FlatPodium + Floors 1-15
Inventory
122units
56 layouts · Typically 1 parking
19-186 sqm balcony
Size Range
720-4,047sqft
Price Range
AED 1.1M - AED 16.9M
Avg PSF
2,153
Sales
136
Trend
Asset Class
3 Bed FlatPodium + Floors 1-12
Inventory
38units
27 layouts · Typically 2 parking
35-451 sqm balcony
Size Range
1,162-7,918sqft
Price Range
AED 2.8M - AED 19.0M
Avg PSF
1,880
Sales
35
Trend
Asset Class
4 Bed FlatFloors 2-16
Inventory
26units
26 layouts · Typically 3 parking
101-818 sqm balcony
Size Range
4,099-14,187sqft
Price Range
AED 7.0M - AED 37.0M
Avg PSF
2,310
Sales
22
Trend
Asset Class
5 Bed FlatPodium
Inventory
6units
6 layouts · Typically 4.3 parking
655-659 sqm balcony
Size Range
12,291-12,520sqft
Price Range
AED 25.0M - AED 45.0M
Avg PSF
2,320
Sales
5
Trend
Asset Class
Building
Inventory
0units
Size Range
305,697-305,697sqft
Price Range
Avg PSF
2,403
Sales
0
Trend
Asset Class
49 Bed GymnasiumPodium
Inventory
1units
Typically 10 parking
~898 sqm balcony
Size Range
26,465-26,465sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
68 Bed HotelPodium
Inventory
1units
Typically 27 parking
~211 sqm balcony
Size Range
76,569-76,569sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
1 Bed Hotel ApartmentFloors 11-16
Inventory
28units
16 layouts · Typically 1 parking
23-36 sqm balcony
Size Range
1,219-1,683sqft
Price Range
AED 1.2M - AED 4.5M
Avg PSF
2,424
Sales
13
Trend
Asset Class
4 Bed Hotel ApartmentPodium
Inventory
4units
3 layouts · Typically 2 parking
~259 sqm balcony
Size Range
6,023-6,171sqft
Price Range
AED 10.5M - AED 13.0M
Avg PSF
1,500
Sales
2
Trend
Asset Class
2 Bed Hotel ApartmentFloors 13-16
Inventory
8units
5 layouts · Typically 2 parking
38-153 sqm balcony
Size Range
2,030-3,268sqft
Price Range
AED 2.9M - AED 10.5M
Avg PSF
2,143
Sales
3
Trend
Asset Class
Hotel RoomsFloors 1-16
Inventory
352units
58 layouts
9-79 sqm balcony
Size Range
307-1,342sqft
Price Range
AED 112K - AED 2.0M
Avg PSF
2,338
Sales
299
Trend
Asset Class
1 Bed Hotel RoomsFloors 1-15
Inventory
84units
20 layouts
9-24 sqm balcony
Size Range
390-1,474sqft
Price Range
AED 779K - AED 3.4M
Avg PSF
2,290
Sales
16
Trend
Asset Class
3 Bed Hotel RoomsFloor 16
Inventory
1units
~1807 sqm balcony
Size Range
24,027-24,027sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
Land
Inventory
0units
Size Range
607-14,187sqft
Price Range
Avg PSF
131,895
Sales
0
Trend
Asset Class
ShopPodium + Floors 1-13
Inventory
8units
8 layouts · Typically 3.4 parking
50-937 sqm balcony
Size Range
939-20,826sqft
Price Range
AED 2.5M - AED 14.3M
Avg PSF
713
Sales
9
Trend

Grouped into 16 asset classes covering 708 units

VICEROY HOTEL RESORTS RESIDENCES in Palm Jumeirah - Prices and Units | Property Index