AXIS RESIDENCES 6
MatureDeveloperGULF GENERAL INVESTMENTS CO. (P.S.C)
CommunitySilicon Oasis
AreaNadd Hessa
Started
18 years ago17-01-2008
Handover
12 years 4 months ago18-09-2013
Status
CompleteFinished
Project Description
Freehold residential building located in Dubai Silicon Oases, the building is designed to have G+8 floors. The building is being constructed as a concrete structure with internal and external finishes.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Rising+10%
GrowthCurrent:AED 814/sqft
Last 12M:AED 739/sqft
Momentum: Last 12Mvs Prior Year
Rising+19%
GrowthLast 12M:AED 739/sqft
Prior Year:AED 620/sqft
Community Compare: Last 90DSilicon Oasis
Discount-33%
Below AvgProject:AED 814/sqft
Community:AED 1,208/sqft
Liquidity: Last 12MExit Speed
Moderate17%Turnover
19Sold (Last 12M)
Supply & Demand Matrix
AXIS RESIDENCES 6 averaged 17% liquidity over the last 12 months, which is considered moderate. 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
106 units
17 sold89 left
16%
Velocity
2 Bedrooms
6 units
2 sold4 left
33%
Velocity
Layouts & Units (112)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-8 | Inventory 106units 14 layouts · Typically 1 parking 3-9 sqm balcony | Size Range 661-870sqft | Price Range AED 305K - AED 1.4M | Avg PSF 691 | Sales 201 | Trend — | |
Asset Class 2 Bed FlatFloors 2-8 | Inventory 6units 6 layouts · Typically 1 parking 3-9 sqm balcony | Size Range 728-848sqft | Price Range AED 473K - AED 707K | Avg PSF 753 | Sales 12 | Trend — |
Grouped into 2 asset classes covering 112 units