ORION BUILDING
ResaleDeveloperORION REAL ESTATE DEVELOPMENT L.L.C
Community—
Started
10 years ago01-01-2016
Handover
3 years 6 months ago15-07-2022
Status
CompleteFinished
Project Description
Residential with retails at ground floor building located in Al Barshaa South Third consist of G+3P+10 typical floors+HC, with internal and external finishes
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+4%Growth
Current:AED 1,007/sqft
Last 12M:AED 966/sqft
Momentum: Last 12Mvs Prior Year
Rising+11%Growth
Last 12M:AED 966/sqft
Prior Year:AED 870/sqft
Community Compare: Last 90DUnknown
At Market0%Above Avg
Project:AED 1,007/sqft
Community:AED 0/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
22Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 816/sqft
Range:AED 248 – AED 2K
Avg Unit:AED 78K/yr
Leasing Volume: L12MContracts Signed
Very Active120Total
New:66
Renew:54
Tenant RetentionRenewal Rate
Good45%renewals
55% new tenants45% renewals
Gross YieldAnnual Return
High Yield81.0%Yield
Rent:AED 816/sqft
Price:AED 1,007/sqft
Supply & Demand Matrix
ORION BUILDING 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
10 units
0 sold10 left
0%
Velocity
1 Bedroom
130 units
14 sold116 left
11%
Velocity
2 Bedrooms
50 units
8 sold42 left
16%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Layouts & Units (196)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 4-13 | Inventory 10units Typically 1 parking | Size Range 439-439sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class 1 Bed FlatFloors 4-13 | Inventory 130units 17 layouts · Typically 1 parking 6-115 sqm balcony | Size Range 437-2,002sqft | Price Range AED 400K - AED 1.2M | Avg PSF 874 | Sales 76 | Trend — | |
Asset Class 2 Bed FlatFloors 4-13 | Inventory 50units 10 layouts · Typically 1 parking 10-229 sqm balcony | Size Range 1,100-3,481sqft | Price Range AED 500K - AED 2.0M | Avg PSF 820 | Sales 27 | Trend — | |
Asset Class ShopPodium | Inventory 6units 6 layouts · Typically 3.3 parking | Size Range 1,064-4,695sqft | Price Range AED 5.3M - AED 5.3M | Avg PSF 1,340 | Sales 1 | Trend — |
Grouped into 4 asset classes covering 196 units