AURA ELEGANCE
HandoverCommunitySilicon Oasis
AreaNadd Hessa
Started
2 years ago01-01-2024
Handover
9 months ago01-04-2025
Status
80% BuiltIn Progress
Project Description
Residential Building (G+8).The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+14%
GrowthCurrent:AED 1,209/sqft
Last 12M:AED 1,060/sqft
Momentum: Last 12Mvs Prior Year
Rising+6%
GrowthLast 12M:AED 1,060/sqft
Prior Year:AED 996/sqft
Community Compare: Last 90DSilicon Oasis
At Market0%
Above AvgProject:AED 1,209/sqft
Community:AED 1,208/sqft
Liquidity: Last 12MExit Speed
Moderate17%Turnover
18Sold (Last 12M)
Supply & Demand Matrix
AURA ELEGANCE averaged 17% liquidity over the last 12 months, which is considered moderate. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
1 Bedroom
40 units
6 sold34 left
15%
Velocity
2 Bedrooms
61 units
9 sold52 left
15%
Velocity
3 Bedrooms
8 units
3 sold5 left
38%
Velocity
Layouts & Units (109)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-8 | Inventory 40units 9 layouts · Typically 1 parking 9-10 sqm balcony | Size Range 785-790sqft | Price Range AED 707K - AED 1.1M | Avg PSF 1,058 | Sales 38 | Trend — | |
Asset Class 2 Bed FlatFloors 1-8 | Inventory 61units 23 layouts · Typically 1 parking 18-21 sqm balcony | Size Range 1,187-1,294sqft | Price Range AED 1.0M - AED 1.4M | Avg PSF 980 | Sales 61 | Trend — | |
Asset Class 3 Bed FlatFloors 1-8 | Inventory 8units 4 layouts · Typically 1 parking ~23 sqm balcony | Size Range 1,783-1,786sqft | Price Range AED 1.5M - AED 2.4M | Avg PSF 971 | Sales 10 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 48,635-48,635sqft | Price Range AED 11.0M - AED 15.8M | Avg PSF 277 | Sales 2 | Trend — |
Grouped into 4 asset classes covering 109 units