ASCOT RESIDENCES
ResaleCommunityTOWN SQUARE
AreaAl Yelayiss 2
Started
2 years 11 months ago01-02-2023
Handover
1 year 2 months ago01-11-2024
Status
CompleteFinished
Project Description
G+5+R Residential & Retail, The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+12%Growth
Current:AED 1,616/sqft
Last 12M:AED 1,449/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DTOWN SQUARE
Premium+15%Above Avg
Project:AED 1,541/sqft
Community:AED 1,345/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
18Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,138/sqft
Range:AED 172 – AED 2K
Avg Unit:AED 85K/yr
Leasing Volume: L12MContracts Signed
Very Active115Total
New:114
Renew:1
Tenant RetentionRenewal Rate
Low1%renewals
99% new tenants1% renewals
Gross YieldAnnual Return
High Yield70.4%Yield
Rent:AED 1,138/sqft
Price:AED 1,616/sqft
Supply & Demand Matrix
ASCOT RESIDENCES averaged 12% liquidity over the last 12 months, which is considered moderate. 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
10 units
2 sold8 left
20%
Velocity
1 Bedroom
42 units
4 sold38 left
10%
Velocity
2 Bedrooms
78 units
11 sold67 left
14%
Velocity
3 Bedrooms
10 units
1 sold9 left
10%
Velocity
Shop
13 units
0 sold13 left
0%
Velocity
Layouts & Units (153)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-5 | Inventory 10units Typically 1 parking | Size Range 318-318sqft | Price Range AED 530K - AED 639K | Avg PSF 1,453 | Sales 2 | Trend — | |
Asset Class 1 Bed FlatFloors 1-5 | Inventory 42units 6 layouts · Typically 1 parking 5-12 sqm balcony | Size Range 594-700sqft | Price Range AED 671K - AED 835K | Avg PSF 1,107 | Sales 4 | Trend — | |
Asset Class 2 Bed FlatFloors 1-5 | Inventory 78units 13 layouts · Typically 1 parking 5-34 sqm balcony | Size Range 870-1,223sqft | Price Range AED 1.0M - AED 1.6M | Avg PSF 1,098 | Sales 11 | Trend — | |
Asset Class 3 Bed FlatFloors 1-5 | Inventory 10units 3 layouts · Typically 2 parking 10-32 sqm balcony | Size Range 1,402-1,634sqft | Price Range AED 1.9M - AED 1.9M | Avg PSF 1,015 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 13units 12 layouts · Typically 1.1 parking | Size Range 103-1,607sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 153 units