THE DIPLOMAT RESIDENCES
ResaleCommunityTOWN SQUARE
AreaAl Yelayiss 2
Started
2 years 10 months ago01-03-2023
Handover
1 year 1 month ago30-11-2024
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
Blended: Last 90Dvs Last 12M Baseline
Rising+15%
GrowthCurrent:AED 1,618/sqft
Last 12M:AED 1,411/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DTOWN SQUARE
Premium+16%
Above AvgProject:AED 1,560/sqft
Community:AED 1,345/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
19Sold (Last 12M)
Supply & Demand Matrix
THE DIPLOMAT 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
5 sold37 left
12%
Velocity
2 Bedrooms
78 units
12 sold66 left
15%
Velocity
3 Bedrooms
10 units
0 sold10 left
0%
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 318-319sqft | Price Range AED 451K - AED 550K | Avg PSF 1,391 | Sales 2 | Trend — | |
Asset Class 1 Bed FlatFloors 1-5 | Inventory 42units 6 layouts · Typically 1 parking 5-12 sqm balcony | Size Range 590-701sqft | Price Range AED 425K - AED 1.0M | Avg PSF 1,138 | Sales 5 | Trend — | |
Asset Class 2 Bed FlatFloors 1-5 | Inventory 78units 17 layouts · Typically 1 parking 5-33 sqm balcony | Size Range 432-1,217sqft | Price Range AED 950K - AED 1.5M | Avg PSF 1,115 | Sales 12 | Trend — | |
Asset Class 3 Bed FlatFloors 1-5 | Inventory 10units 5 layouts · Typically 2 parking 16-32 sqm balcony | Size Range 730-1,635sqft | Price Range — | Avg PSF 986 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 13units 10 layouts · Typically 1.1 parking | Size Range 103-1,624sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 153 units