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PALACIO

Mature
DeveloperSRG PROPERTIES L.L.C
CommunitySilicon Oasis
AreaNadd Hessa
Started
18 years 1 month ago04-12-2007
Handover
16 years 1 month ago03-12-2009
Status
CompleteFinished
Project Description

Freehold residential building located in Dubai Silicon Oasis. The building is designed as a 3B+G+14. The building is being constructed out of a concrete structure with its external and internal finishes.

Performance Alpha

Rent Pricing: L12MPer Sqft / Year
AED 730/sqft
Range:AED 363 – AED 3K
Avg Unit:AED 52K/yr
Leasing Volume: L12MContracts Signed
Very Active
318Total
New:63
Renew:255
Tenant RetentionRenewal Rate
Excellent
80%renewals
20% new tenants80% renewals
Avg Annual RentPer Unit
AED 52K/year
Based on 318 contracts

Supply & Demand Matrix

PALACIO 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
87 units
0%
Velocity
1 Bedroom
162 units
0%
Velocity
2 Bedrooms
58 units
0%
Velocity
3 Bedrooms
19 units
0%
Velocity
Shop
9 units
0%
Velocity

Layouts & Units (335)

Property Type
Studioapartment
Contracts
271
Size Range
35-41sqft
Rent Range
575-1,199
Avg Rent/Sqft
835AED
Avg Annual
AED 32K
Property Type
1bed room+Hallapartment
Contracts
466
Size Range
63-91sqft
Rent Range
399-890
Avg Rent/Sqft
592AED
Avg Annual
AED 44K
Property Type
2 bed rooms+hallapartment
Contracts
178
Size Range
104-146sqft
Rent Range
389-904
Avg Rent/Sqft
552AED
Avg Annual
AED 63K
Property Type
3 bed rooms+hallapartment
Contracts
60
Size Range
144-256sqft
Rent Range
302-679
Avg Rent/Sqft
513AED
Avg Annual
AED 82K
Property Type
Shopretail
Contracts
19
Size Range
17-85sqft
Rent Range
935-2,529
Avg Rent/Sqft
1,446AED
Avg Annual
AED 71K
Property Type
Showroomretail
Contracts
6
Size Range
66-67sqft
Rent Range
1,174-1,716
Avg Rent/Sqft
1,463AED
Avg Annual
AED 97K

1,000 rental contracts grouped into 6 property types