LA VISTA 05
MatureDeveloperAL MANAL DEVELOPMENT FZCO
CommunitySilicon Oasis
AreaNadd Hessa
Started
17 years 8 months ago17-05-2008
Handover
7 years 8 months ago30-04-2018
Status
CompleteFinished
Project Description
Freehold residential building located in Dubai Silicon Oasis, designed to have G+8 floors. The building is being constructed as a concrete structure with internal and external finishes.
Performance Alpha
Rent Pricing: L12MPer Sqft / Year
AED 897/sqft
Range:AED 586 – AED 3K
Avg Unit:AED 68K/yr
Leasing Volume: L12MContracts Signed
Very Active120Total
New:24
Renew:96
Tenant RetentionRenewal Rate
Excellent80%renewals
20% new tenants80% renewals
Avg Annual RentPer Unit
AED 68K/year
Based on 120 contracts
Supply & Demand Matrix
LA VISTA 05 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
Studio
1 units
0 sold1 left
0%
Velocity
1 Bedroom
112 units
0 sold112 left
0%
Velocity
2 Bedrooms
17 units
0 sold17 left
0%
Velocity
3 Bedrooms
2 units
0 sold2 left
0%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (133)
| Property Type | Contracts (L12M) | Size Range | Rent Range (PSF) | Avg Rent/Sqft | Avg Annual | |
|---|---|---|---|---|---|---|
Property Type Studioapartment | Contracts 7 | Size Range 169-169sqft | Rent Range 148-225 | Avg Rent/Sqft 189AED | Avg Annual AED 32K | |
Property Type 1bed room+Hallapartment | Contracts 619 | Size Range 63-89sqft | Rent Range 429-1,079 | Avg Rent/Sqft 703AED | Avg Annual AED 49K | |
Property Type 2 bed rooms+hallapartment | Contracts 278 | Size Range 79-103sqft | Rent Range 506-1,034 | Avg Rent/Sqft 730AED | Avg Annual AED 64K | |
Property Type 3 bed rooms+hallapartment | Contracts 16 | Size Range 39-199sqft | Rent Range 377-3,333 | Avg Rent/Sqft 1,534AED | Avg Annual AED 103K | |
Property Type Shopretail | Contracts 8 | Size Range 73-73sqft | Rent Range 2,260-2,769 | Avg Rent/Sqft 2,437AED | Avg Annual AED 178K |
928 rental contracts grouped into 5 property types