The Residences
MatureCommunity—
AreaAl Thanyah Fifth
Started
11 years ago15-01-2015
Handover
6 years 5 months ago31-07-2019
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 4B+G+2P+44+M+2R HOTEL & RESIDENTIAL BUILDING LOCATED IN AL THANYAH FIFTH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Falling-3%
DeclineCurrent:AED 2,632/sqft
Last 12M:AED 2,722/sqft
Momentum: Last 12Mvs Prior Year
Rising+48%
GrowthLast 12M:AED 2,722/sqft
Prior Year:AED 1,841/sqft
Community Compare: Last 90DUnknown
At Market0%
Above AvgProject:AED 2,632/sqft
Community:AED 0/sqft
Liquidity: Last 12MExit Speed
Low2%Turnover
2Sold (Last 12M)
Supply & Demand Matrix
The Residences averaged 2% 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
1 units
0 sold1 left
0%
Velocity
2 Bedrooms
20 units
0 sold20 left
0%
Velocity
3 Bedrooms
48 units
2 sold46 left
4%
Velocity
4 Bedrooms
5 units
0 sold5 left
0%
Velocity
5 Bedrooms
7 units
0 sold7 left
0%
Velocity
Layouts & Units (82)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloor 29 | Inventory 1units Typically 1 parking ~13 sqm balcony | Size Range 1,272-1,272sqft | Price Range AED 1.7M - AED 1.9M | Avg PSF 1,416 | Sales 2 | Trend — | |
Asset Class 2 Bed FlatFloors 20-30 | Inventory 20units 10 layouts · Typically 1 parking 11-19 sqm balcony | Size Range 1,404-1,675sqft | Price Range AED 1.8M - AED 3.3M | Avg PSF 1,502 | Sales 22 | Trend — | |
Asset Class 3 Bed FlatFloors 20-42 | Inventory 48units 34 layouts · Typically 2 parking 9-33 sqm balcony | Size Range 1,764-3,270sqft | Price Range AED 2.5M - AED 6.0M | Avg PSF 1,634 | Sales 47 | Trend — | |
Asset Class 4 Bed FlatFloors 31-39 | Inventory 5units 5 layouts · Typically 2.6 parking 19-172 sqm balcony | Size Range 4,288-11,644sqft | Price Range AED 5.2M - AED 8.6M | Avg PSF 1,503 | Sales 3 | Trend — | |
Asset Class 5 Bed FlatFloors 32-42 | Inventory 7units 7 layouts · Typically 4.3 parking 19-170 sqm balcony | Size Range 4,523-11,656sqft | Price Range AED 8.3M - AED 35.8M | Avg PSF 2,418 | Sales 10 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 39,631-39,631sqft | Price Range — | Avg PSF 2,154 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,749-1,749sqft | Price Range — | Avg PSF 108,628 | Sales 0 | Trend — | |
Asset Class Sized Partition | Inventory 1units Typically 1 parking | Size Range 335,690-335,690sqft | Price Range AED 106.0M - AED 106.0M | Avg PSF 423 | Sales 1 | Trend — |
Grouped into 8 asset classes covering 82 units