REEF RESIDENCE
ReadyCommunityJumeirah Village Circle
Started
11 years 6 months ago03-07-2014
Handover
8 years 1 month ago26-11-2017
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 2B+G+3P+35+R RESIDENTIAL APARTMENTS LOCATED IN AL BARSHA SOUTH FOURTH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Stable-1%
DeclineCurrent:AED 1,008/sqft
Last 12M:AED 1,023/sqft
Momentum: Last 12Mvs Prior Year
Rising+4%
GrowthLast 12M:AED 1,023/sqft
Prior Year:AED 985/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-25%
Below AvgProject:AED 1,008/sqft
Community:AED 1,346/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
34Sold (Last 12M)
Supply & Demand Matrix
REEF 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
Studio
186 units
18 sold168 left
10%
Velocity
1 Bedroom
127 units
13 sold114 left
10%
Velocity
2 Bedrooms
65 units
3 sold62 left
5%
Velocity
Shop
7 units
0 sold7 left
0%
Velocity
Layouts & Units (385)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 31 units | Type Flat | Beds 2 B/R | Size 1,481 sqft | Avg Price AED 1.3M | Last Price AED 1.2M | Last Sold 8 days ago | Sales 19 |
Units 31 units | Type Flat | Beds Studio | Size 529 sqft | Avg Price AED 437K | Last Price AED 595K | Last Sold 14 days ago | Sales 24 |
Units 31 units | Type Flat | Beds 1 B/R | Size 886 sqft | Avg Price AED 778K | Last Price AED 860K | Last Sold 2 months ago | Sales 14 |
Units 62 units | Type Flat | Beds Studio | Size 514 sqft | Avg Price AED 489K | Last Price AED 600K | Last Sold 3 months ago | Sales 35 |
Units 31 units | Type Flat | Beds Studio | Size 520 sqft | Avg Price AED 467K | Last Price AED 500K | Last Sold 3 months ago | Sales 20 |
Units 31 units | Type Flat | Beds Studio | Size 467 sqft | Avg Price AED 455K | Last Price AED 560K | Last Sold 4 months ago | Sales 23 |
Units 31 units | Type Flat | Beds Studio | Size 503 sqft | Avg Price AED 463K | Last Price AED 464K | Last Sold 5 months ago | Sales 12 |
Units 31 units | Type Flat | Beds 1 B/R | Size 826 sqft | Avg Price AED 678K | Last Price AED 850K | Last Sold 7 months ago | Sales 19 |
Units 31 units | Type Flat | Beds 1 B/R | Size 925 sqft | Avg Price AED 709K | Last Price AED 980K | Last Sold 8 months ago | Sales 18 |
Units 31 units | Type Flat | Beds 2 B/R | Size 1,537 sqft | Avg Price AED 1.3M | Last Price AED 1.6M | Last Sold 8 months ago | Sales 12 |
Units 401 | Type Flat | Beds 1 B/R | Size 960 sqft | Avg Price AED 648K | Last Price AED 830K | Last Sold 11 months ago | Sales 3 |
Units 31 units | Type Flat | Beds 1 B/R | Size 798 sqft | Avg Price AED 681K | Last Price AED 800K | Last Sold over 1 year ago | Sales 12 |
Units R-07 | Type Shop | Beds — | Size 8,762 sqft | Avg Price AED 11.0M | Last Price AED 11.0M | Last Sold over 1 year ago | Sales 1 |
Units R-06 | Type Shop | Beds — | Size 930 sqft | Avg Price AED 1.5M | Last Price AED 1.5M | Last Sold over 2 years ago | Sales 1 |
Units R-05 | Type Shop | Beds — | Size 1,144 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold over 2 years ago | Sales 1 |
Units R-03 | Type Shop | Beds — | Size 1,168 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold over 2 years ago | Sales 1 |
Units R-04 | Type Shop | Beds — | Size 1,205 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold over 2 years ago | Sales 1 |
Units 2 units | Type Shop | Beds — | Size 979 sqft | Avg Price AED 390K | Last Price AED 390K | Last Sold over 5 years ago | Sales 2 |
Units 402 | Type Flat | Beds 2 B/R | Size 1,573 sqft | Avg Price AED 675K | Last Price AED 675K | Last Sold over 5 years ago | Sales 1 |
Units 406 | Type Flat | Beds 2 B/R | Size 1,419 sqft | Avg Price AED 800K | Last Price AED 800K | Last Sold almost 6 years ago | Sales 1 |
Units 403 | Type Flat | Beds 1 B/R | Size 1,322 sqft | Avg Price AED 418K | Last Price AED 418K | Last Sold almost 6 years ago | Sales 1 |
Units 405 | Type Flat | Beds 1 B/R | Size 1,310 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 404 | Type Flat | Beds 2 B/R | Size 1,998 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
23 unique layouts covering 385 units