AL FALAK RESIDENCE
MatureDeveloperAl Falak Residence FZCO
CommunitySilicon Oasis
AreaNadd Hessa
Started
11 years 1 month ago14-12-2014
Handover
8 years 2 months ago16-11-2017
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF G+8+R RESIDENTIAL BUILDING LOCATED IN NADD HESSA. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Sales Performance
Market Sales: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DSilicon Oasis
Discount-30%Below Avg
Project:AED 844/sqft
Community:AED 1,208/sqft
Liquidity: Last 12MExit Speed
—No sales in period
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 747/sqft
Range:AED 494 – AED 2K
Avg Unit:AED 56K/yr
Leasing Volume: L12MContracts Signed
Very Active64Total
New:35
Renew:29
Tenant RetentionRenewal Rate
Good45%renewals
55% new tenants45% renewals
Avg Annual RentPer Unit
AED 56K/year
Based on 64 contracts
Supply & Demand Matrix
AL FALAK RESIDENCE averaged 0% 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
1 Bedroom
64 units
0 sold64 left
0%
Velocity
2 Bedrooms
32 units
0 sold32 left
0%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (97)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-8 | Inventory 64units 15 layouts · Typically 1 parking 4-36 sqm balcony | Size Range 31-1,073sqft | Price Range — | Avg PSF 771 | Sales 0 | Trend — | |
Asset Class 2 Bed FlatFloors 1-8 | Inventory 32units 18 layouts · Typically 1 parking 25-111 sqm balcony | Size Range 1,002-1,970sqft | Price Range AED 750K - AED 750K | Avg PSF 616 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 651-651sqft | Price Range — | Avg PSF 2,917 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 1 parking | Size Range 293-293sqft | Price Range — | Avg PSF 1,876 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 97 units