Olivz Residence
ResaleDeveloperDANUBE PROPERTIES DEVELOPMENT L.L.C
CommunityWARSAN FIRST DEVELOPMENT
AreaAl Warsan First
Started
5 years 5 months ago31-07-2020
Handover
2 years 6 months ago11-07-2023
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 3 buildings with shared poduim 2B+G. Building 1: G+6F+R Building 2: G+6F+R Building 3: G+6F+R Residential with retails
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+5%
GrowthCurrent:AED 1,201/sqft
Last 12M:AED 1,148/sqft
Momentum: Last 12Mvs Prior Year
Rising+5%
GrowthLast 12M:AED 1,148/sqft
Prior Year:AED 1,092/sqft
Community Compare: Last 90DWARSAN FIRST DEVELOPMENT
Premium+14%
Above AvgProject:AED 1,161/sqft
Community:AED 1,016/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
46Sold (Last 12M)
Supply & Demand Matrix
Olivz Residence averaged 11% 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
205 units
20 sold185 left
10%
Velocity
1 Bedroom
152 units
23 sold129 left
15%
Velocity
2 Bedrooms
42 units
3 sold39 left
7%
Velocity
Shop
12 units
0 sold12 left
0%
Velocity
Layouts & Units (411)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-6 | Inventory 205units 41 layouts · Typically 1 parking 3-25 sqm balcony | Size Range 190-625sqft | Price Range AED 250K - AED 550K | Avg PSF 901 | Sales 29 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-6 | Inventory 152units 32 layouts · Typically 1 parking 5-34 sqm balcony | Size Range 253-945sqft | Price Range AED 250K - AED 820K | Avg PSF 884 | Sales 33 | Trend — | |
Asset Class 2 Bed FlatFloors 1-6 | Inventory 42units 9 layouts · Typically 1 parking 6-53 sqm balcony | Size Range 931-1,442sqft | Price Range AED 900K - AED 1.3M | Avg PSF 831 | Sales 5 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 94,840-94,840sqft | Price Range — | Avg PSF 275 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 12units 12 layouts · Typically 1 parking | Size Range 459-1,186sqft | Price Range — | Avg PSF 1,961 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 411 units