AXIS RESIDENCES 6

Ready

DeveloperGULF GENERAL INVESTMENTS CO. (P.S.C)

CommunitySilicon Oasis

AreaNadd Hessa

Started

18 years ago17-01-2008

Handover

12 years 4 months ago18-09-2013

Status

CompleteFinished

Project Description

Freehold residential building located in Dubai Silicon Oases, the building is designed to have G+8 floors. The building is being constructed as a concrete structure with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+11%

Growth

Current:AED 815/sqft

Last 12M:AED 734/sqft

Momentum: Last 12Mvs Prior Year

Rising

+20%

Growth

Last 12M:AED 734/sqft

Prior Year:AED 613/sqft

Community Compare: Last 90DSilicon Oasis

Discount

-32%

Below Avg

Project:AED 815/sqft

Community:AED 1,201/sqft

Liquidity: Last 12MExit Speed

Moderate

19%Turnover

21Sold (Last 12M)

Supply & Demand Matrix

AXIS RESIDENCES 6 averaged 19% 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

1 Bedroom

106 units

19 sold87 left

18%

Velocity

2 Bedrooms

6 units

2 sold4 left

33%

Velocity

Layouts & Units (112)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 211	Type Flat	Beds 2 B/R	Size 841 sqft	Avg Price AED 588K	Last Price AED 637K	Last Sold 8 days ago	Sales 3

Units 8 units	Type Flat	Beds 1 B/R	Size 661 sqft	Avg Price AED 493K	Last Price AED 620K	Last Sold 10 days ago	Sales 14

Units 8 units	Type Flat	Beds 1 B/R	Size 663 sqft	Avg Price AED 507K	Last Price AED 535K	Last Sold 14 days ago	Sales 16

Units 501	Type Flat	Beds 2 B/R	Size 743 sqft	Avg Price AED 573K	Last Price AED 615K	Last Sold 15 days ago	Sales 3

Units 8 units	Type Flat	Beds 1 B/R	Size 870 sqft	Avg Price AED 583K	Last Price AED 650K	Last Sold 18 days ago	Sales 18

Units 8 units	Type Flat	Beds 1 B/R	Size 855 sqft	Avg Price AED 617K	Last Price AED 670K	Last Sold 3 months ago	Sales 13

Units 23 units	Type Flat	Beds 1 B/R	Size 754 sqft	Avg Price AED 562K	Last Price AED 580K	Last Sold 6 months ago	Sales 54

Units 7 units	Type Flat	Beds 1 B/R	Size 743 sqft	Avg Price AED 518K	Last Price AED 560K	Last Sold 7 months ago	Sales 11

Units 16 units	Type Flat	Beds 1 B/R	Size 846 sqft	Avg Price AED 617K	Last Price AED 615K	Last Sold 9 months ago	Sales 25

Units 14 units	Type Flat	Beds 1 B/R	Size 729 sqft	Avg Price AED 528K	Last Price AED 427K	Last Sold 10 months ago	Sales 23

Units 7 units	Type Flat	Beds 1 B/R	Size 848 sqft	Avg Price AED 585K	Last Price AED 485K	Last Sold 12 months ago	Sales 12

Units 7 units	Type Flat	Beds 1 B/R	Size 841 sqft	Avg Price AED 599K	Last Price AED 565K	Last Sold 12 months ago	Sales 15

Units 2 units	Type Flat	Beds 2 B/R	Size 728 sqft	Avg Price AED 560K	Last Price AED 495K	Last Sold over 1 year ago	Sales 3

Units 705	Type Flat	Beds 2 B/R	Size 757 sqft	Avg Price AED 562K	Last Price AED 520K	Last Sold over 7 years ago	Sales 2

Units 603	Type Flat	Beds 2 B/R	Size 848 sqft	Avg Price AED 707K	Last Price AED 707K	Last Sold over 10 years ago	Sales 1

15 unique layouts covering 112 units