OCEANA HOTEL AND APARTMENTS

Ready

DeveloperSEVEN TIDES LIMITED

CommunityPalm Jumeirah

AreaPalm Jumeirah

Started

10 years 9 months ago13-04-2015

Handover

7 years 10 months ago28-02-2018

Status

CompleteFinished

Project Description

2 Buildings (Hotel & Hotel Apartments) 3B+G+M+17+2Tech+R with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-23%

Decline

Current:AED 1,673/sqft

Last 12M:AED 2,178/sqft

Momentum: Last 12Mvs Prior Year

Stable

Growth

Last 12M:AED 2,178/sqft

Prior Year:AED 2,186/sqft

Community Compare: Last 90DPalm Jumeirah

Discount

-49%

Below Avg

Project:AED 1,673/sqft

Community:AED 3,306/sqft

Liquidity: Last 12MExit Speed

Low

4%Turnover

12Sold (Last 12M)

Supply & Demand Matrix

OCEANA HOTEL AND APARTMENTS averaged 4% 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

221 units

11 sold210 left

Velocity

1 Bedroom

65 units

1 sold64 left

Velocity

2 Bedrooms

1 units

0 sold1 left

Velocity

4 Bedrooms

1 units

0 sold1 left

Velocity

Shop

3 units

0 sold3 left

Velocity

Layouts & Units (292)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 42 units	Type Hotel Apartment	Beds Studio	Size 372 sqft	Avg Price AED 865K	Last Price AED 623K	Last Sold 3 months ago	Sales 14

Units 6 units	Type Hotel Apartment	Beds Studio	Size 421 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold 3 months ago	Sales 1

Units 6 units	Type Hotel Apartment	Beds Studio	Size 412 sqft	Avg Price AED 958K	Last Price AED 775K	Last Sold 3 months ago	Sales 5

Units 20 units	Type Hotel Apartment	Beds Studio	Size 375 sqft	Avg Price AED 780K	Last Price AED 790K	Last Sold 7 months ago	Sales 11

Units 6 units	Type Hotel Apartment	Beds 1 B/R	Size 582 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 7 months ago	Sales 1

Units 24 units	Type Hotel Apartment	Beds Studio	Size 486 sqft	Avg Price AED 975K	Last Price AED 840K	Last Sold 8 months ago	Sales 13

Units 26 units	Type Hotel Apartment	Beds Studio	Size 455 sqft	Avg Price AED 990K	Last Price AED 850K	Last Sold 11 months ago	Sales 13

Units 20 units	Type Hotel Apartment	Beds Studio	Size 734 sqft	Avg Price AED 1.7M	Last Price AED 2.1M	Last Sold almost 2 years ago	Sales 4

Units 2 units	Type Hotel Apartment	Beds Studio	Size 312 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 2 years ago	Sales 1

Units 12 units	Type Hotel Apartment	Beds 1 B/R	Size 833 sqft	Avg Price AED 553K	Last Price AED 553K	Last Sold over 4 years ago	Sales 1

Units 26 units	Type Hotel Apartment	Beds 1 B/R	Size 884 sqft	Avg Price AED 2.0M	Last Price AED 585K	Last Sold over 4 years ago	Sales 8

Units 4 units	Type Hotel Apartment	Beds Studio	Size 317 sqft	Avg Price AED 780K	Last Price AED 780K	Last Sold over 4 years ago	Sales 1

Units 24 units	Type Hotel Apartment	Beds Studio	Size 782 sqft	Avg Price AED 2.0M	Last Price AED 1.3M	Last Sold over 4 years ago	Sales 10

Units 2 units	Type Hotel Apartment	Beds 1 B/R	Size 583 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold over 4 years ago	Sales 1

Units 8 units	Type Hotel Apartment	Beds Studio	Size 321 sqft	Avg Price AED 554K	Last Price AED 554K	Last Sold over 5 years ago	Sales 1

Units 122	Type Hotel Apartment	Beds Studio	Size 323 sqft	Avg Price AED 554K	Last Price AED 554K	Last Sold over 5 years ago	Sales 1

Units 2 units	Type Hotel Apartment	Beds Studio	Size 479 sqft	Avg Price AED 768K	Last Price AED 768K	Last Sold over 5 years ago	Sales 1

Units 4 units	Type Hotel Apartment	Beds 1 B/R	Size 760 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold about 6 years ago	Sales 1

Units 5 units	Type Hotel Apartment	Beds Studio	Size 427 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold over 6 years ago	Sales 1

Units 4 units	Type Hotel Apartment	Beds Studio	Size 401 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 6 years ago	Sales 1

Units 4 units	Type Hotel Apartment	Beds 1 B/R	Size 618 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Hotel Apartment	Beds 1 B/R	Size 717 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds 1 B/R	Size 815 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds 1 B/R	Size 818 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1430	Type Hotel Apartment	Beds 1 B/R	Size 851 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1427	Type Hotel Apartment	Beds 1 B/R	Size 859 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1424	Type Hotel Apartment	Beds 2 B/R	Size 2,696 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units PH1801	Type Hotel Apartment	Beds 4 B/R	Size 6,109 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds Studio	Size 341 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds Studio	Size 361 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Apartment	Beds Studio	Size 387 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1432	Type Hotel Apartment	Beds Studio	Size 390 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Apartment	Beds Studio	Size 395 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds Studio	Size 417 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds Studio	Size 489 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds Studio	Size 503 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds Studio	Size 650 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Hotel Apartment	Beds Studio	Size 680 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units M31	Type Shop	Beds —	Size 305 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units M30	Type Shop	Beds —	Size 692 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units OCEANA HOTEL-V2	Type Hotel	Beds —	Size 413,546 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units TF-01	Type Shop	Beds —	Size 5,919 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

42 unique layouts covering 292 units