SHAMAL RESIDENCES 2

Ready
Started
11 years 9 months ago15-04-2014
Handover
9 years 6 months ago29-06-2016
Status
CompleteFinished
Project Description

The building consist of B+G+3 typical floors+ 1 Duplex floor+ R with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline
Rising
+5%
Growth
Current:AED 1,080/sqft
Last 12M:AED 1,024/sqft
Momentum: Last 12Mvs Prior Year
Rising
+3%
Growth
Last 12M:AED 1,024/sqft
Prior Year:AED 991/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount
-20%
Below Avg
Project:AED 1,080/sqft
Community:AED 1,346/sqft
Liquidity: Last 12MExit Speed
High
20%Turnover
25Sold (Last 12M)

Supply & Demand Matrix

SHAMAL RESIDENCES 2 averaged 20% liquidity over the last 12 months, which is considered high. 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
99 units
22%
Velocity
1 Bedroom
25 units
8%
Velocity
2 Bedrooms
4 units
25%
Velocity

Layouts & Units (128)

Units
45 units
Type
Flat
Beds
Studio
Size
517 sqft
Avg Price
AED 512K
Last Price
AED 570K
Last Sold
24 days ago
Sales
49
Units
19 units
Type
Flat
Beds
Studio
Size
525 sqft
Avg Price
AED 468K
Last Price
AED 550K
Last Sold
about 1 month ago
Sales
20
Units
3 units
Type
Flat
Beds
Studio
Size
570 sqft
Avg Price
AED 497K
Last Price
AED 550K
Last Sold
about 2 months ago
Sales
3
Units
16 units
Type
Flat
Beds
1 B/R
Size
770 sqft
Avg Price
AED 725K
Last Price
AED 780K
Last Sold
4 months ago
Sales
17
Units
3 units
Type
Flat
Beds
Studio
Size
548 sqft
Avg Price
AED 468K
Last Price
AED 558K
Last Sold
7 months ago
Sales
3
Units
3 units
Type
Flat
Beds
Studio
Size
610 sqft
Avg Price
AED 503K
Last Price
AED 570K
Last Sold
8 months ago
Sales
4
Units
401
Type
Flat
Beds
2 B/R
Size
1,820 sqft
Avg Price
AED 1.3M
Last Price
AED 1.3M
Last Sold
9 months ago
Sales
1
Units
3 units
Type
Flat
Beds
Studio
Size
700 sqft
Avg Price
AED 820K
Last Price
AED 890K
Last Sold
11 months ago
Sales
2
Units
429
Type
Flat
Beds
2 B/R
Size
1,481 sqft
Avg Price
AED 1.2M
Last Price
AED 1.2M
Last Sold
over 1 year ago
Sales
1
Units
414
Type
Flat
Beds
1 B/R
Size
802 sqft
Avg Price
AED 687K
Last Price
AED 700K
Last Sold
almost 2 years ago
Sales
3
Units
426
Type
Flat
Beds
1 B/R
Size
968 sqft
Avg Price
AED 940K
Last Price
AED 940K
Last Sold
over 2 years ago
Sales
1
Units
6 units
Type
Flat
Beds
1 B/R
Size
767 sqft
Avg Price
AED 640K
Last Price
AED 585K
Last Sold
over 3 years ago
Sales
4
Units
428
Type
Flat
Beds
2 B/R
Size
1,476 sqft
Avg Price
AED 31K
Last Price
AED 31K
Last Sold
about 6 years ago
Sales
1
Units
427
Type
Flat
Beds
2 B/R
Size
1,725 sqft
Avg Price
AED 36K
Last Price
AED 36K
Last Sold
over 6 years ago
Sales
1
Units
3 units
Type
Flat
Beds
Studio
Size
755 sqft
Avg Price
AED 16K
Last Price
AED 16K
Last Sold
over 6 years ago
Sales
1
Units
2 units
Type
Flat
Beds
Studio
Size
532 sqft
Avg Price
AED 457K
Last Price
AED 400K
Last Sold
almost 7 years ago
Sales
2
Units
3 units
Type
Flat
Beds
Studio
Size
821 sqft
Avg Price
AED 821K
Last Price
AED 821K
Last Sold
about 8 years ago
Sales
2
Units
3 units
Type
Flat
Beds
Studio
Size
598 sqft
Avg Price
AED 570K
Last Price
AED 570K
Last Sold
almost 9 years ago
Sales
1
Units
3 units
Type
Flat
Beds
Studio
Size
663 sqft
Avg Price
AED 670K
Last Price
AED 670K
Last Sold
almost 9 years ago
Sales
1
Units
4 units
Type
Flat
Beds
Studio
Size
563 sqft
Avg Price
AED 581K
Last Price
AED 581K
Last Sold
almost 9 years ago
Sales
1
Units
402
Type
Flat
Beds
1 B/R
Size
1,005 sqft
Avg Price
Last Price
Last Sold
Sales
Units
3 units
Type
Flat
Beds
Studio
Size
521 sqft
Avg Price
Last Price
Last Sold
Sales
Units
2 units
Type
Flat
Beds
Studio
Size
562 sqft
Avg Price
Last Price
Last Sold
Sales

23 unique layouts covering 128 units