The Nook

Ready

DeveloperJAG DEVELOPMENT L.L.C

CommunityWasl Gate

AreaJabal Ali First

Started

7 years 8 months ago01-05-2018

Handover

4 years ago22-01-2022

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF (B+G+2P+11+R)AND(B+G+2P+12+R) TWO RESIDENTIAL BUILDING WITH RETAIL AT GROUND FLOOR LOCATED IN JABAL ALI FIRST. 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%

Growth

Current:AED 1,408/sqft

Last 12M:AED 1,389/sqft

Momentum: Last 12Mvs Prior Year

Rising

+12%

Growth

Last 12M:AED 1,389/sqft

Prior Year:AED 1,244/sqft

Community Compare: Last 90DWasl Gate

At Market

Above Avg

Project:AED 1,416/sqft

Community:AED 1,409/sqft

Liquidity: Last 12MExit Speed

Low

8%Turnover

48Sold (Last 12M)

Supply & Demand Matrix

The Nook averaged 8% 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

24 units

2 sold22 left

Velocity

1 Bedroom

134 units

12 sold122 left

Velocity

2 Bedrooms

347 units

29 sold318 left

Velocity

3 Bedrooms

91 units

5 sold86 left

Velocity

Shop

9 units

0 sold9 left

Velocity

Layouts & Units (605)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 65 units	Type Flat	Beds 2 B/R	Size 758 sqft	Avg Price AED 972K	Last Price AED 1.1M	Last Sold 7 days ago	Sales 15

Units 44 units	Type Flat	Beds 1 B/R	Size 540 sqft	Avg Price AED 667K	Last Price AED 830K	Last Sold 8 days ago	Sales 9

Units 35 units	Type Flat	Beds 3 B/R	Size 1,001 sqft	Avg Price AED 1.4M	Last Price AED 1.6M	Last Sold 21 days ago	Sales 3

Units 22 units	Type Flat	Beds 3 B/R	Size 1,026 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold about 1 month ago	Sales 4

Units 66 units	Type Flat	Beds 1 B/R	Size 523 sqft	Avg Price AED 738K	Last Price AED 810K	Last Sold about 1 month ago	Sales 11

Units 45 units	Type Flat	Beds 2 B/R	Size 746 sqft	Avg Price AED 982K	Last Price AED 828K	Last Sold about 2 months ago	Sales 5

Units 109 units	Type Flat	Beds 2 B/R	Size 782 sqft	Avg Price AED 914K	Last Price AED 1.1M	Last Sold about 2 months ago	Sales 12

Units 33 units	Type Flat	Beds 2 B/R	Size 763 sqft	Avg Price AED 918K	Last Price AED 1.1M	Last Sold 3 months ago	Sales 9

Units 10 units	Type Flat	Beds Studio	Size 340 sqft	Avg Price AED 464K	Last Price AED 580K	Last Sold 3 months ago	Sales 4

Units 12 units	Type Flat	Beds 2 B/R	Size 777 sqft	Avg Price AED 916K	Last Price AED 1.0M	Last Sold 6 months ago	Sales 4

Units 23 units	Type Flat	Beds 1 B/R	Size 516 sqft	Avg Price AED 642K	Last Price AED 830K	Last Sold 7 months ago	Sales 3

Units 11 units	Type Flat	Beds 2 B/R	Size 770 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 7 months ago	Sales 1

Units 32 units	Type Flat	Beds 2 B/R	Size 726 sqft	Avg Price AED 973K	Last Price AED 1.1M	Last Sold 8 months ago	Sales 4

Units 21 units	Type Flat	Beds 2 B/R	Size 756 sqft	Avg Price AED 1.0M	Last Price AED 1.1M	Last Sold 9 months ago	Sales 2

Units 10 units	Type Flat	Beds Studio	Size 316 sqft	Avg Price AED 461K	Last Price AED 575K	Last Sold 11 months ago	Sales 3

Units 103	Type Flat	Beds Studio	Size 378 sqft	Avg Price AED 460K	Last Price AED 460K	Last Sold over 1 year ago	Sales 1

Units 11 units	Type Flat	Beds 2 B/R	Size 783 sqft	Avg Price AED 920K	Last Price AED 920K	Last Sold over 1 year ago	Sales 1

Units 2 units	Type Flat	Beds Studio	Size 429 sqft	Avg Price AED 550K	Last Price AED 550K	Last Sold almost 2 years ago	Sales 1

Units 11 units	Type Flat	Beds 3 B/R	Size 1,016 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold about 3 years ago	Sales 1

Units RETAIL 5	Type Shop	Beds —	Size 339 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 4	Type Shop	Beds —	Size 759 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 1	Type Shop	Beds —	Size 767 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 3	Type Shop	Beds —	Size 792 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 5	Type Shop	Beds —	Size 991 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units F&B 2	Type Shop	Beds —	Size 1,255 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 2	Type Shop	Beds —	Size 1,349 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units F&B 1	Type Shop	Beds —	Size 1,558 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 6	Type Shop	Beds —	Size 2,108 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 106	Type Flat	Beds 1 B/R	Size 578 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1206	Type Flat	Beds 2 B/R	Size 748 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 103	Type Flat	Beds 2 B/R	Size 832 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 868 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 106	Type Flat	Beds 2 B/R	Size 893 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 113	Type Flat	Beds 2 B/R	Size 916 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 108	Type Flat	Beds 2 B/R	Size 920 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 112	Type Flat	Beds 2 B/R	Size 923 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 10 units	Type Flat	Beds 3 B/R	Size 997 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 118	Type Flat	Beds 3 B/R	Size 1,003 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 12 units	Type Flat	Beds 3 B/R	Size 1,018 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 104	Type Flat	Beds Studio	Size 442 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

40 unique layouts covering 605 units