ROYAL BAY
ReadyDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityPalm Jumeirah
AreaPalm Jumeirah
Started
10 years 8 months ago06-05-2015
Handover
9 years ago06-01-2017
Status
CompleteFinished
Project Description
Project serviced hotel apartments located in Palm Jumeira consist of B+G+9 floors made of concrete structure with internal and external finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Stable+1%
GrowthCurrent:AED 2,195/sqft
Last 12M:AED 2,180/sqft
Momentum: Last 12Mvs Prior Year
Rising+16%
GrowthLast 12M:AED 2,180/sqft
Prior Year:AED 1,879/sqft
Community Compare: Last 90DPalm Jumeirah
Discount-34%
Below AvgProject:AED 2,195/sqft
Community:AED 3,306/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
11Sold (Last 12M)
Supply & Demand Matrix
ROYAL BAY averaged 12% 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
1 Bedroom
58 units
6 sold52 left
10%
Velocity
2 Bedrooms
30 units
5 sold25 left
17%
Velocity
3 Bedrooms
1 units
0 sold1 left
0%
Velocity
4 Bedrooms
1 units
0 sold1 left
0%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (91)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 3 units | Type Hotel Apartment | Beds 2 B/R | Size 1,633 sqft | Avg Price AED 2.9M | Last Price AED 2.8M | Last Sold 16 days ago | Sales 4 |
Units 4 units | Type Hotel Apartment | Beds 2 B/R | Size 1,475 sqft | Avg Price AED 3.5M | Last Price AED 3.5M | Last Sold about 1 month ago | Sales 1 |
Units 4 units | Type Hotel Apartment | Beds 2 B/R | Size 1,481 sqft | Avg Price AED 3.6M | Last Price AED 3.6M | Last Sold about 1 month ago | Sales 1 |
Units 4 units | Type Hotel Apartment | Beds 1 B/R | Size 851 sqft | Avg Price AED 1.8M | Last Price AED 2.0M | Last Sold 6 months ago | Sales 4 |
Units 3 units | Type Hotel Apartment | Beds 1 B/R | Size 791 sqft | Avg Price AED 1.8M | Last Price AED 1.9M | Last Sold 7 months ago | Sales 2 |
Units 4 units | Type Hotel Apartment | Beds 1 B/R | Size 821 sqft | Avg Price AED 1.5M | Last Price AED 1.6M | Last Sold 8 months ago | Sales 3 |
Units 5 units | Type Hotel Apartment | Beds 1 B/R | Size 1,098 sqft | Avg Price AED 2.1M | Last Price AED 2.1M | Last Sold 9 months ago | Sales 1 |
Units 4 units | Type Hotel Apartment | Beds 2 B/R | Size 1,494 sqft | Avg Price AED 2.7M | Last Price AED 3.3M | Last Sold 11 months ago | Sales 5 |
Units 3 units | Type Hotel Apartment | Beds 1 B/R | Size 873 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold about 1 year ago | Sales 1 |
Units 4 units | Type Hotel Apartment | Beds 1 B/R | Size 1,125 sqft | Avg Price AED 1.9M | Last Price AED 2.1M | Last Sold about 1 year ago | Sales 2 |
Units 4 units | Type Hotel Apartment | Beds 2 B/R | Size 1,404 sqft | Avg Price AED 2.6M | Last Price AED 3.0M | Last Sold over 1 year ago | Sales 4 |
Units 4 units | Type Hotel Apartment | Beds 1 B/R | Size 862 sqft | Avg Price AED 2.0M | Last Price AED 1.9M | Last Sold over 1 year ago | Sales 2 |
Units 901 | Type Hotel Apartment | Beds 3 B/R | Size 6,651 sqft | Avg Price AED 7.3M | Last Price AED 7.3M | Last Sold over 1 year ago | Sales 1 |
Units 4 units | Type Hotel Apartment | Beds 1 B/R | Size 942 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold over 1 year ago | Sales 4 |
Units 3 units | Type Hotel Apartment | Beds 1 B/R | Size 943 sqft | Avg Price AED 2.1M | Last Price AED 2.3M | Last Sold over 1 year ago | Sales 2 |
Units 5 units | Type Hotel Apartment | Beds 1 B/R | Size 1,070 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold over 1 year ago | Sales 2 |
Units 4 units | Type Hotel Apartment | Beds 1 B/R | Size 1,111 sqft | Avg Price AED 3.4M | Last Price AED 3.4M | Last Sold over 1 year ago | Sales 1 |
Units 4 units | Type Hotel Apartment | Beds 1 B/R | Size 1,143 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold over 1 year ago | Sales 3 |
Units 3 units | Type Hotel Apartment | Beds 2 B/R | Size 1,442 sqft | Avg Price AED 2.2M | Last Price AED 2.2M | Last Sold over 1 year ago | Sales 2 |
Units 101 | Type Hotel Apartment | Beds 1 B/R | Size 843 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold over 1 year ago | Sales 1 |
Units 4 units | Type Hotel Apartment | Beds 2 B/R | Size 1,516 sqft | Avg Price AED 2.7M | Last Price AED 2.9M | Last Sold over 1 year ago | Sales 3 |
Units 4 units | Type Hotel Apartment | Beds 1 B/R | Size 899 sqft | Avg Price AED 1.5M | Last Price AED 1.6M | Last Sold over 1 year ago | Sales 2 |
Units 4 units | Type Hotel Apartment | Beds 1 B/R | Size 982 sqft | Avg Price AED 1.6M | Last Price AED 1.6M | Last Sold almost 2 years ago | Sales 2 |
Units 4 units | Type Hotel Apartment | Beds 2 B/R | Size 1,424 sqft | Avg Price AED 3.2M | Last Price AED 3.2M | Last Sold almost 2 years ago | Sales 3 |
Units 102 | Type Hotel Apartment | Beds 1 B/R | Size 1,014 sqft | Avg Price AED 2.0M | Last Price AED 2.0M | Last Sold about 3 years ago | Sales 1 |
Units 104 | Type Hotel Apartment | Beds 1 B/R | Size 796 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 902 | Type Hotel Apartment | Beds 4 B/R | Size 7,039 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units F&B-01 | Type Shop | Beds — | Size 5,690 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
28 unique layouts covering 91 units