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OASIS STAR

Mature
DeveloperABDULRAZZQ ALI ALMADANI
CommunitySilicon Oasis
AreaNadd Hessa
Started
17 years 9 months ago01-04-2008
Handover
14 years 5 months ago31-07-2011
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 its 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
-18%Below Avg
Project:AED 992/sqft
Community:AED 1,208/sqft
Liquidity: Last 12MExit Speed
—No sales in period

Rental Performance

Rent Pricing: L12MPer Sqft / Year
AED 590/sqft
Range:AED 179 – AED 1K
Avg Unit:AED 49K/yr
Leasing Volume: L12MContracts Signed
Very Active
82Total
New:15
Renew:67
Tenant RetentionRenewal Rate
Excellent
82%renewals
18% new tenants82% renewals
Avg Annual RentPer Unit
AED 49K/year
Based on 82 contracts

Supply & Demand Matrix

OASIS STAR 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%
Velocity
1 Bedroom
71 units
0%
Velocity
2 Bedrooms
24 units
0%
Velocity

Layouts & Units (96)

Asset Class
Studio FlatFloor 2
Inventory
1units
Typically 1 parking
Size Range
439-439sqft
Price Range
AED 463K - AED 463K
Avg PSF
928
Sales
1
Trend
—
Asset Class
1 Bed FlatFloors 1-8
Inventory
71units
7 layouts · Typically 1 parking
3-16 sqm balcony
Size Range
439-1,100sqft
Price Range
AED 270K - AED 580K
Avg PSF
671
Sales
29
Trend
—
Asset Class
2 Bed FlatFloors 3-8
Inventory
24units
6 layouts · Typically 1.3 parking
5-12 sqm balcony
Size Range
1,243-1,453sqft
Price Range
AED 469K - AED 820K
Avg PSF
392
Sales
14
Trend
—

Grouped into 3 asset classes covering 96 units