PLATINUM RESIDENCE 2
ResaleDeveloperGULF GENERAL INVESTMENTS CO. (P.S.C)
CommunitySilicon Oasis
AreaNadd Hessa
Started
12 years 4 months ago08-09-2013
Handover
9 years 6 months ago27-06-2016
Status
CompleteFinished
Project Description
PROPOSED G+8+GYM RESIDENTIAL BUILDING ON PLOT NO.10-011NADD HESSA - DUBAI SILICON OASIS
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DSilicon Oasis
Discount-14%
Below AvgProject:AED 1,040/sqft
Community:AED 1,208/sqft
Liquidity: Last 12MExit Speed
Low1%Turnover
1Sold (Last 12M)
Supply & Demand Matrix
PLATINUM RESIDENCE 2 averaged 1% 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
2 Bedrooms
80 units
1 sold79 left
1%
Velocity
Layouts & Units (80)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 2 Bed FlatFloors 1-8 | Inventory 80units 16 layouts · Typically 1.1 parking 14-64 sqm balcony | Size Range 577-1,747sqft | Price Range AED 1.4M - AED 1.4M | Avg PSF 796 | Sales 1 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 42,812-42,812sqft | Price Range — | Avg PSF 263 | Sales 0 | Trend — |
Grouped into 2 asset classes covering 80 units