TOPAZ RESIDENCES 2
ResaleDeveloperGULF GENERAL INVESTMENTS CO. (P.S.C)
CommunitySilicon Oasis
AreaNadd Hessa
Started
10 years 5 months ago02-08-2015
Handover
3 years 11 months ago31-01-2022
Status
CompleteFinished
Project Description
G+8+GYM/ Residential , with external and internal finishes
Performance Alpha
Sales Performance
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 Avg
Project:AED 1,037/sqft
Community:AED 1,208/sqft
Liquidity: Last 12MExit Speed
Low0%Turnover
1Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 752/sqft
Range:AED 578 – AED 988
Avg Unit:AED 69K/yr
Leasing Volume: L12MContracts Signed
Very Active132Total
New:42
Renew:90
Tenant RetentionRenewal Rate
Excellent68%renewals
32% new tenants68% renewals
Avg Annual RentPer Unit
AED 69K/year
Based on 132 contracts
Supply & Demand Matrix
TOPAZ RESIDENCES 2 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
1 Bedroom
200 units
1 sold199 left
1%
Velocity
Shop
2 units
0 sold2 left
0%
Velocity
Layouts & Units (202)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-8 | Inventory 200units 28 layouts · Typically 1 parking 7-33 sqm balcony | Size Range 904-1,199sqft | Price Range AED 990K - AED 990K | Avg PSF 854 | Sales 1 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 41,080-83,696sqft | Price Range — | Avg PSF 318 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 2units 2 layouts · Typically 9.5 parking | Size Range 1,439-1,893sqft | Price Range — | Avg PSF 271 | Sales 0 | Trend — |
Grouped into 3 asset classes covering 202 units