Rove City Walk
ReadyDeveloperROVE HOSPITALITY L.L.C
Community—
AreaAl Wasl
Started
7 years ago19-01-2019
Handover
4 years 3 months ago30-09-2021
Status
CompleteFinished
Project Description
The project is a hotel consisting of B+G+17+R+1UR
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Stable-1%
DeclineCurrent:AED 2,363/sqft
Last 12M:AED 2,381/sqft
Momentum: Last 12Mvs Prior Year
Stable0%
GrowthLast 12M:AED 2,381/sqft
Prior Year:AED 2,373/sqft
Community Compare: Last 90DUnknown
At Market0%
Above AvgProject:AED 2,363/sqft
Community:AED 0/sqft
Liquidity: Last 12MExit Speed
Low6%Turnover
31Sold (Last 12M)
Supply & Demand Matrix
Rove City Walk averaged 6% 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
516 units
31 sold485 left
6%
Velocity
Layouts & Units (517)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 368 units | Type Hotel Rooms | Beds Studio | Size 248 sqft | Avg Price AED 628K | Last Price AED 585K | Last Sold about 2 months ago | Sales 82 |
Units 56 units | Type Hotel Rooms | Beds Studio | Size 260 sqft | Avg Price AED 619K | Last Price AED 605K | Last Sold about 2 months ago | Sales 10 |
Units 30 units | Type Hotel Rooms | Beds Studio | Size 284 sqft | Avg Price AED 620K | Last Price AED 659K | Last Sold 2 months ago | Sales 6 |
Units 31 units | Type Hotel Rooms | Beds Studio | Size 254 sqft | Avg Price AED 625K | Last Price AED 600K | Last Sold 3 months ago | Sales 7 |
Units 31 units | Type Hotel Rooms | Beds Studio | Size 243 sqft | Avg Price AED 672K | Last Price AED 570K | Last Sold 8 months ago | Sales 6 |
Units V1-HOTEL | Type Hotel | Beds 5 + Terrace | Size 69,446 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
6 unique layouts covering 517 units