MIRDIF HILLS- JANAYEN AVENUE
ResaleDeveloperDUBAI INVESTMENT REAL ESTATE (L L C)
Community—
AreaMirdif
Started
9 years 2 months ago21-11-2016
Handover
6 years ago12-01-2020
Status
CompleteFinished
Project Description
2 Residential buildings consists of: 1B+G+4+R
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Falling-20%Decline
Current:AED 921/sqft
Last 12M:AED 1,150/sqft
Momentum: Last 12Mvs Prior Year
Rising+5%Growth
Last 12M:AED 1,150/sqft
Prior Year:AED 1,091/sqft
Community Compare: Last 90DUnknown
At Market0%Above Avg
Project:AED 1,045/sqft
Community:AED 0/sqft
Liquidity: Last 12MExit Speed
Low3%Turnover
12Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 624/sqft
Range:AED 146 – AED 960
Avg Unit:AED 107K/yr
Leasing Volume: L12MContracts Signed
Very Active181Total
New:74
Renew:107
Tenant RetentionRenewal Rate
Good59%renewals
41% new tenants59% renewals
Gross YieldAnnual Return
High Yield67.8%Yield
Rent:AED 624/sqft
Price:AED 921/sqft
Supply & Demand Matrix
MIRDIF HILLS- JANAYEN AVENUE averaged 3% liquidity over the last 12 months, which is considered low. 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
7 units
0 sold7 left
0%
Velocity
2 Bedrooms
181 units
7 sold174 left
4%
Velocity
3 Bedrooms
141 units
3 sold138 left
2%
Velocity
4 Bedrooms
30 units
2 sold28 left
7%
Velocity
Layouts & Units (359)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-4 | Inventory 7units 7 layouts · Typically 1 parking 6-51 sqm balcony | Size Range 950-1,546sqft | Price Range AED 989K - AED 1.1M | Avg PSF 1,092 | Sales 2 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-4 | Inventory 181units 151 layouts · Typically 1.1 parking 5-181 sqm balcony | Size Range 763-3,316sqft | Price Range AED 1.0M - AED 2.5M | Avg PSF 1,036 | Sales 31 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-4 | Inventory 141units 139 layouts · Typically 1.7 parking 4-156 sqm balcony | Size Range 1,579-3,377sqft | Price Range AED 1.4M - AED 3.0M | Avg PSF 1,018 | Sales 22 | Trend — | |
Asset Class 4 Bed FlatPodium + Floor 2 | Inventory 30units 29 layouts · Typically 2.2 parking 22-95 sqm balcony | Size Range 2,704-3,441sqft | Price Range AED 2.8M - AED 3.8M | Avg PSF 1,085 | Sales 7 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 31,187-31,187sqft | Price Range AED 34.3M - AED 34.3M | Avg PSF 1,100 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,777-1,777sqft | Price Range — | Avg PSF 214,676 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 359 units