TOPAZ RESIDENCES 3
ResaleDeveloperGULF GENERAL INVESTMENTS CO. (P.S.C)
CommunitySilicon Oasis
AreaNadd Hessa
Started
11 years 7 months ago05-06-2014
Handover
6 years ago20-01-2020
Status
CompleteFinished
Project Description
PROPOSED G+08+H.C FLOORS RESIDENTIAL ON PLOT NO.1206 AT NADD HESSA, DUBAI. BUILDING CONSIST OF CONCRETE STRUCTURE WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+3%
GrowthCurrent:AED 951/sqft
Last 12M:AED 924/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DSilicon Oasis
Discount-21%
Below AvgProject:AED 955/sqft
Community:AED 1,208/sqft
Liquidity: Last 12MExit Speed
Low4%Turnover
5Sold (Last 12M)
Supply & Demand Matrix
TOPAZ RESIDENCES 3 averaged 4% 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
112 units
5 sold107 left
4%
Velocity
Layouts & Units (112)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-8 | Inventory 112units 26 layouts · Typically 1 parking 4-15 sqm balcony | Size Range 453-1,000sqft | Price Range AED 830K - AED 850K | Avg PSF 805 | Sales 5 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 44,498-44,498sqft | Price Range — | Avg PSF 420 | Sales 0 | Trend — |
Grouped into 2 asset classes covering 112 units