Al Jazi - Madinat Jumeriah Living
HandoverDeveloperJUMEIRAH HILLS DEVELOPMENT L.L.C
Community—
AreaUm Suqaim Third
Started
3 years 5 months ago21-08-2022
Handover
1 year 1 month ago15-12-2024
Status
91% BuiltIn Progress
Project Description
4 buildings (Al Jazi 1,2,3,4): BF (common), G+9 Residential, The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+6%
GrowthCurrent:AED 2,809/sqft
Last 12M:AED 2,645/sqft
Momentum: Last 12Mvs Prior Year
Rising+5%
GrowthLast 12M:AED 2,645/sqft
Prior Year:AED 2,531/sqft
Community Compare: Last 90DUnknown
At Market0%
Above AvgProject:AED 2,809/sqft
Community:AED 0/sqft
Liquidity: Last 12MExit Speed
Moderate16%Turnover
59Sold (Last 12M)
Supply & Demand Matrix
Al Jazi - Madinat Jumeriah Living averaged 16% liquidity over the last 12 months, which is considered moderate. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
1 Bedroom
184 units
23 sold161 left
13%
Velocity
2 Bedrooms
134 units
21 sold113 left
16%
Velocity
3 Bedrooms
46 units
13 sold33 left
28%
Velocity
4 Bedrooms
14 units
2 sold12 left
14%
Velocity
Layouts & Units (378)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-9 | Inventory 184units 117 layouts · Typically 1 parking 7-35 sqm balcony | Size Range 73-1,044sqft | Price Range AED 154K - AED 2.5M | Avg PSF 2,153 | Sales 266 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-9 | Inventory 134units 103 layouts · Typically 1 parking 7-65 sqm balcony | Size Range 1,085-1,908sqft | Price Range AED 2.1M - AED 4.0M | Avg PSF 2,188 | Sales 197 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-9 | Inventory 46units 45 layouts · Typically 2 parking 15-85 sqm balcony | Size Range 1,814-2,666sqft | Price Range AED 2.1M - AED 5.8M | Avg PSF 2,360 | Sales 66 | Trend — | |
Asset Class 4 Bed FlatFloors 5-9 | Inventory 14units 14 layouts · Typically 2 parking 26-156 sqm balcony | Size Range 2,714-4,150sqft | Price Range AED 8.2M - AED 10.0M | Avg PSF 3,049 | Sales 18 | Trend — |
Grouped into 4 asset classes covering 378 units