Madinat Jumeriah Living - Phase 2
ResaleDeveloperJUMEIRAH HILLS DEVELOPMENT L.L.C
Community—
AreaUm Suqaim Third
Started
6 years 11 months ago01-02-2019
Handover
3 years 1 month ago20-12-2022
Status
CompleteFinished
Project Description
The project consists of 3 residential buildings as follows : Lamtara 3 : G+8 (108 Units) Rahaal 1 : G+9 (103 Units) Rahaal 2 : G+10 (135 Units) (346 Units in total)
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable-1%
DeclineCurrent:AED 2,588/sqft
Last 12M:AED 2,616/sqft
Momentum: Last 12Mvs Prior Year
Falling-11%
DeclineLast 12M:AED 2,616/sqft
Prior Year:AED 2,935/sqft
Community Compare: Last 90DUnknown
At Market0%
Above AvgProject:AED 2,588/sqft
Community:AED 0/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
37Sold (Last 12M)
Supply & Demand Matrix
Madinat Jumeriah Living - Phase 2 averaged 10% 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
1 Bedroom
196 units
27 sold169 left
14%
Velocity
2 Bedrooms
111 units
7 sold104 left
6%
Velocity
3 Bedrooms
31 units
3 sold28 left
10%
Velocity
4 Bedrooms
18 units
0 sold18 left
0%
Velocity
Shop
8 units
0 sold8 left
0%
Velocity
Layouts & Units (364)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-10 | Inventory 196units 186 layouts · Typically 1 parking 6-56 sqm balcony | Size Range 391-1,354sqft | Price Range AED 34K - AED 2.7M | Avg PSF 1,917 | Sales 110 | Trend — | |
Asset Class 2 Bed FlatFloors 1-10 | Inventory 111units 110 layouts · Typically 1 parking 8-115 sqm balcony | Size Range 680-2,500sqft | Price Range AED 2.5M - AED 5.0M | Avg PSF 1,917 | Sales 48 | Trend — | |
Asset Class 3 Bed FlatFloors 2-10 | Inventory 31units 30 layouts · Typically 2 parking 14-146 sqm balcony | Size Range 1,874-3,261sqft | Price Range AED 5.2M - AED 9.6M | Avg PSF 2,141 | Sales 14 | Trend — | |
Asset Class 4 Bed FlatFloors 3-10 | Inventory 18units 18 layouts · Typically 2 parking 20-97 sqm balcony | Size Range 2,785-3,448sqft | Price Range AED 7.5M - AED 12.0M | Avg PSF 2,117 | Sales 6 | Trend — | |
Asset Class ShopPodium + Floor 1 | Inventory 8units 8 layouts · Typically 2.3 parking | Size Range 104-7,086sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 364 units