PARK VIEW TOWER

Ready

DeveloperREVI REAL ESTATE DEVELOPMENT L.L.C

CommunityJumeirah Village Circle

AreaAl Barsha South Fourth

Started

10 years 11 months ago01-02-2015

Handover

4 years 2 months ago17-11-2021

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF B+G+UG+4P+19+R RESIDENTIAL BUILDING WITH RETAIL AT GROUND FLOOR 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

+2%

Growth

Current:AED 1,342/sqft

Last 12M:AED 1,317/sqft

Momentum: Last 12Mvs Prior Year

Rising

+6%

Growth

Last 12M:AED 1,317/sqft

Prior Year:AED 1,245/sqft

Community Compare: Last 90DJumeirah Village Circle

At Market

-1%

Below Avg

Project:AED 1,328/sqft

Community:AED 1,346/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

29Sold (Last 12M)

Supply & Demand Matrix

PARK VIEW TOWER averaged 10% 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

Studio

156 units

22 sold134 left

14%

Velocity

1 Bedroom

86 units

7 sold79 left

Velocity

2 Bedrooms

32 units

0 sold32 left

Velocity

3 Bedrooms

4 units

0 sold4 left

Velocity

Shop

2 units

0 sold2 left

Velocity

Layouts & Units (280)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 10 units	Type Flat	Beds Studio	Size 420 sqft	Avg Price AED 548K	Last Price AED 650K	Last Sold 2 months ago	Sales 9

Units 18 units	Type Flat	Beds Studio	Size 465 sqft	Avg Price AED 565K	Last Price AED 660K	Last Sold 2 months ago	Sales 16

Units 54 units	Type Flat	Beds Studio	Size 472 sqft	Avg Price AED 558K	Last Price AED 645K	Last Sold 4 months ago	Sales 39

Units 54 units	Type Flat	Beds Studio	Size 473 sqft	Avg Price AED 556K	Last Price AED 630K	Last Sold 4 months ago	Sales 47

Units 18 units	Type Flat	Beds 1 B/R	Size 992 sqft	Avg Price AED 936K	Last Price AED 1.0M	Last Sold 5 months ago	Sales 16

Units 3 units	Type Flat	Beds Studio	Size 457 sqft	Avg Price AED 565K	Last Price AED 630K	Last Sold 5 months ago	Sales 2

Units 8 units	Type Flat	Beds 1 B/R	Size 912 sqft	Avg Price AED 937K	Last Price AED 1.1M	Last Sold 7 months ago	Sales 9

Units 32 units	Type Flat	Beds 1 B/R	Size 900 sqft	Avg Price AED 900K	Last Price AED 1.2M	Last Sold 7 months ago	Sales 33

Units 4 units	Type Flat	Beds Studio	Size 596 sqft	Avg Price AED 685K	Last Price AED 725K	Last Sold 8 months ago	Sales 6

Units 9 units	Type Flat	Beds 1 B/R	Size 996 sqft	Avg Price AED 963K	Last Price AED 920K	Last Sold 12 months ago	Sales 9

Units 7 units	Type Flat	Beds 2 B/R	Size 1,355 sqft	Avg Price AED 1.3M	Last Price AED 1.5M	Last Sold about 1 year ago	Sales 6

Units 8 units	Type Flat	Beds 2 B/R	Size 1,350 sqft	Avg Price AED 1.3M	Last Price AED 1.7M	Last Sold about 1 year ago	Sales 5

Units 7 units	Type Flat	Beds 2 B/R	Size 1,346 sqft	Avg Price AED 1.2M	Last Price AED 1.7M	Last Sold over 1 year ago	Sales 9

Units 8 units	Type Flat	Beds 1 B/R	Size 913 sqft	Avg Price AED 884K	Last Price AED 1.1M	Last Sold over 1 year ago	Sales 7

Units 7 units	Type Flat	Beds 2 B/R	Size 1,337 sqft	Avg Price AED 1.3M	Last Price AED 1.7M	Last Sold over 1 year ago	Sales 6

Units 111	Type Flat	Beds Studio	Size 599 sqft	Avg Price AED 670K	Last Price AED 740K	Last Sold over 1 year ago	Sales 2

Units 10 units	Type Flat	Beds Studio	Size 427 sqft	Avg Price AED 477K	Last Price AED 400K	Last Sold about 2 years ago	Sales 7

Units 9 units	Type Flat	Beds 1 B/R	Size 1,004 sqft	Avg Price AED 944K	Last Price AED 1.1M	Last Sold almost 3 years ago	Sales 8

Units 113	Type Flat	Beds 1 B/R	Size 1,339 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 3 years ago	Sales 1

Units 102	Type Flat	Beds 1 B/R	Size 1,016 sqft	Avg Price AED 915K	Last Price AED 915K	Last Sold over 3 years ago	Sales 1

Units 2 units	Type Flat	Beds Studio	Size 458 sqft	Avg Price AED 493K	Last Price AED 500K	Last Sold over 3 years ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 1,362 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold almost 4 years ago	Sales 2

Units 1105	Type Flat	Beds 2 B/R	Size 1,371 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold about 4 years ago	Sales 1

Units G02	Type Shop	Beds —	Size 1,339 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G01	Type Shop	Beds —	Size 6,265 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1903	Type Flat	Beds 3 B/R	Size 2,694 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1904	Type Flat	Beds 3 B/R	Size 2,715 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 3 B/R	Size 2,721 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

28 unique layouts covering 280 units