PALACE TOWER
MatureDeveloperTAMEER HOLDING INVESTMENT (LLC)
CommunitySilicon Oasis
AreaNadd Hessa
Started
18 years 10 months ago20-03-2007
Handover
16 years 5 months ago25-08-2009
Status
CompleteFinished
Project Description
Residential and Commercial building located in Dubai Silicon Oasis. Residential Building consist of 2B+G+2M+H+19 and Commercial Building consist of 2B+G+2M+H+22.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Rising+28%
GrowthCurrent:AED 884/sqft
Last 12M:AED 692/sqft
Momentum: Last 12Mvs Prior Year
Falling-13%
DeclineLast 12M:AED 692/sqft
Prior Year:AED 797/sqft
Community Compare: Last 90DSilicon Oasis
Discount-30%
Below AvgProject:AED 851/sqft
Community:AED 1,208/sqft
Liquidity: Last 12MExit Speed
Low0%Turnover
2Sold (Last 12M)
Supply & Demand Matrix
PALACE TOWER 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
280 units
0 sold280 left
0%
Velocity
1 Bedroom
72 units
0 sold72 left
0%
Velocity
2 Bedrooms
72 units
1 sold71 left
1%
Velocity
Shop
17 units
0 sold17 left
0%
Velocity
Office
156 units
1 sold155 left
1%
Velocity
Layouts & Units (597)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 5-22 | Inventory 280units 15 layouts · Typically 1 parking 4-5 sqm balcony | Size Range 113-519sqft | Price Range AED 165K - AED 500K | Avg PSF 821 | Sales 203 | Trend — | |
Asset Class 1 Bed FlatFloors 5-22 | Inventory 72units 9 layouts · Typically 1 parking 4-5 sqm balcony | Size Range 262-839sqft | Price Range AED 370K - AED 766K | Avg PSF 727 | Sales 42 | Trend — | |
Asset Class 2 Bed FlatFloors 5-22 | Inventory 72units 4 layouts · Typically 1.3 parking ~5 sqm balcony | Size Range 247-1,045sqft | Price Range AED 365K - AED 1.3M | Avg PSF 767 | Sales 28 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,332-1,332sqft | Price Range — | Avg PSF 6,081 | Sales 0 | Trend — | |
Asset Class OfficePodium + Floors 1-25 | Inventory 156units 35 layouts · Typically 2 parking | Size Range 29-5,201sqft | Price Range AED 274K - AED 4.8M | Avg PSF 883 | Sales 80 | Trend — | |
Asset Class ShopPodium | Inventory 17units 13 layouts · Typically 1 parking | Size Range 469-6,669sqft | Price Range AED 3.0M - AED 3.0M | Avg PSF 541 | Sales 1 | Trend — |
Grouped into 6 asset classes covering 597 units