ALTIA RESIDENCE

Mature
CommunitySilicon Oasis
Started
11 years 5 months ago18-08-2014
Handover
9 years 3 months ago16-10-2016
Status
CompleteFinished
Project Description

PROPOSED (B+G+8+HC) RESIDENTIAL BUILDING 1BEDROOM APARTMENTS: 65 NOS 2BEDROOM APARTMENTS: 18 NOS 3BEDROOM APARTMENTS: 18 NOS BUA: 17024.89 SQ.MT GFA: 10672.60 SQ.MT

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline
No recent sales
Momentum: Last 12Mvs Prior Year
Rising
+27%
Growth
Last 12M:AED 1,049/sqft
Prior Year:AED 827/sqft
Community Compare: Last 90DSilicon Oasis
Discount
-13%
Below Avg
Project:AED 1,050/sqft
Community:AED 1,208/sqft
Liquidity: Last 12MExit Speed
Low
4%Turnover
4Sold (Last 12M)

Supply & Demand Matrix

ALTIA RESIDENCE 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
1 Bedroom
65 units
3%
Velocity
2 Bedrooms
18 units
11%
Velocity
3 Bedrooms
18 units
0%
Velocity

Layouts & Units (101)

Asset Class
1 Bed FlatFloors 1-8
Inventory
65units
22 layouts · Typically 1 parking
10-12 sqm balcony
Size Range
481-29,460sqft
Price Range
AED 700K - AED 935K
Avg PSF
791
Sales
7
Trend
Asset Class
2 Bed FlatFloors 1-8
Inventory
18units
7 layouts · Typically 1 parking
18-19 sqm balcony
Size Range
720-1,440sqft
Price Range
AED 1.2M - AED 1.5M
Avg PSF
822
Sales
3
Trend
Asset Class
3 Bed FlatFloors 1-8
Inventory
18units
8 layouts · Typically 2 parking
23-25 sqm balcony
Size Range
1,575-1,754sqft
Price Range
AED 1.4M - AED 1.4M
Avg PSF
815
Sales
1
Trend
Asset Class
Building
Inventory
0units
Size Range
29,460-29,460sqft
Price Range
Avg PSF
546
Sales
0
Trend

Grouped into 4 asset classes covering 101 units