MBL RESIDENCE

Ready

DeveloperMBL Development DMCC

CommunityJumeirah Lakes Towers

AreaAl Thanyah Fifth

Started

9 years 3 months ago27-09-2016

Handover

4 years 10 months ago22-03-2021

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF 4B+G+HC+MECH+40+R MIXED USE BUILDING WITH RETAIL AT GROUND FLOOR LOCATED IN AL THANYAH FIFTH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+7%

Growth

Current:AED 2,053/sqft

Last 12M:AED 1,924/sqft

Momentum: Last 12Mvs Prior Year

Rising

+5%

Growth

Last 12M:AED 1,924/sqft

Prior Year:AED 1,828/sqft

Community Compare: Last 90DJumeirah Lakes Towers

Premium

+25%

Above Avg

Project:AED 2,053/sqft

Community:AED 1,639/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

46Sold (Last 12M)

Supply & Demand Matrix

MBL RESIDENCE averaged 9% 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

311 units

32 sold279 left

10%

Velocity

2 Bedrooms

155 units

13 sold142 left

Velocity

3 Bedrooms

5 units

0 sold5 left

Velocity

Shop

16 units

1 sold15 left

Velocity

Layouts & Units (487)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 151 units	Type Flat	Beds 2 B/R	Size 1,337 sqft	Avg Price AED 1.8M	Last Price AED 2.5M	Last Sold 7 days ago	Sales 182

Units 155 units	Type Flat	Beds 1 B/R	Size 751 sqft	Avg Price AED 1.1M	Last Price AED 1.6M	Last Sold 15 days ago	Sales 168

Units 152 units	Type Flat	Beds 1 B/R	Size 786 sqft	Avg Price AED 1.2M	Last Price AED 1.6M	Last Sold about 1 month ago	Sales 154

Units 4 units	Type Flat	Beds 1 B/R	Size 867 sqft	Avg Price AED 1.2M	Last Price AED 1.6M	Last Sold 10 months ago	Sales 6

Units 4201	Type Flat	Beds 3 B/R	Size 2,932 sqft	Avg Price AED 5.3M	Last Price AED 5.0M	Last Sold over 1 year ago	Sales 2

Units 4 units	Type Flat	Beds 2 B/R	Size 1,338 sqft	Avg Price AED 2.0M	Last Price AED 2.4M	Last Sold over 2 years ago	Sales 3

Units 2 units	Type Flat	Beds 3 B/R	Size 2,871 sqft	Avg Price AED 4.3M	Last Price AED 5.9M	Last Sold over 3 years ago	Sales 4

Units 4203	Type Flat	Beds 3 B/R	Size 2,934 sqft	Avg Price AED 5.2M	Last Price AED 5.2M	Last Sold over 4 years ago	Sales 1

Units RETAIL 05	Type Shop	Beds —	Size 735 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 11	Type Shop	Beds —	Size 834 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 02	Type Shop	Beds —	Size 847 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 04	Type Shop	Beds —	Size 868 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 01	Type Shop	Beds —	Size 904 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 12	Type Shop	Beds —	Size 1,044 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 10	Type Shop	Beds —	Size 1,079 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 06	Type Shop	Beds —	Size 1,235 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 07	Type Shop	Beds —	Size 1,294 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 16	Type Shop	Beds —	Size 1,346 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 14	Type Shop	Beds —	Size 1,431 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 03	Type Shop	Beds —	Size 1,604 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 17	Type Shop	Beds —	Size 1,680 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 15	Type Shop	Beds —	Size 1,783 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 13	Type Shop	Beds —	Size 1,804 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 8 & 9	Type Shop	Beds —	Size 2,097 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4111	Type Flat	Beds 3 B/R	Size 2,088 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

25 unique layouts covering 487 units