Montrell Hotel Aprtments

Ready

DeveloperAZIZI DEVELOPMENTS L.L.C

CommunityAl Furjan

AreaJabal Ali First

Started

9 years 8 months ago15-05-2016

Handover

7 years 10 months ago21-03-2018

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF G+2P+7+R HOTEL APARTMENTS 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

Rising

+7%

Growth

Current:AED 1,246/sqft

Last 12M:AED 1,164/sqft

Momentum: Last 12Mvs Prior Year

Rising

+27%

Growth

Last 12M:AED 1,164/sqft

Prior Year:AED 914/sqft

Community Compare: Last 90DAl Furjan

Discount

-3%

Below Avg

Project:AED 1,246/sqft

Community:AED 1,286/sqft

Liquidity: Last 12MExit Speed

Moderate

12%Turnover

27Sold (Last 12M)

Supply & Demand Matrix

Montrell Hotel Aprtments 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

Studio

168 units

20 sold148 left

12%

Velocity

1 Bedroom

54 units

7 sold47 left

13%

Velocity

Shop

2 units

0 sold2 left

Velocity

Layouts & Units (224)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 7 units	Type Hotel Apartment	Beds Studio	Size 429 sqft	Avg Price AED 450K	Last Price AED 500K	Last Sold 28 days ago	Sales 4

Units 24 units	Type Hotel Apartment	Beds Studio	Size 383 sqft	Avg Price AED 410K	Last Price AED 490K	Last Sold 2 months ago	Sales 10

Units 24 units	Type Hotel Apartment	Beds Studio	Size 390 sqft	Avg Price AED 399K	Last Price AED 530K	Last Sold 3 months ago	Sales 5

Units 5 units	Type Hotel Apartment	Beds Studio	Size 405 sqft	Avg Price AED 457K	Last Price AED 480K	Last Sold 3 months ago	Sales 3

Units 12 units	Type Hotel Apartment	Beds Studio	Size 394 sqft	Avg Price AED 408K	Last Price AED 485K	Last Sold 3 months ago	Sales 4

Units 12 units	Type Hotel Apartment	Beds 1 B/R	Size 849 sqft	Avg Price AED 660K	Last Price AED 800K	Last Sold 5 months ago	Sales 11

Units 6 units	Type Hotel Apartment	Beds Studio	Size 488 sqft	Avg Price AED 386K	Last Price AED 520K	Last Sold 5 months ago	Sales 6

Units 14 units	Type Hotel Apartment	Beds 1 B/R	Size 741 sqft	Avg Price AED 658K	Last Price AED 700K	Last Sold 6 months ago	Sales 4

Units 12 units	Type Hotel Apartment	Beds 1 B/R	Size 767 sqft	Avg Price AED 666K	Last Price AED 740K	Last Sold 6 months ago	Sales 9

Units 2 units	Type Hotel Apartment	Beds Studio	Size 483 sqft	Avg Price AED 467K	Last Price AED 636K	Last Sold 6 months ago	Sales 3

Units 123	Type Hotel Apartment	Beds Studio	Size 398 sqft	Avg Price AED 485K	Last Price AED 485K	Last Sold 7 months ago	Sales 1

Units 7 units	Type Hotel Apartment	Beds Studio	Size 380 sqft	Avg Price AED 457K	Last Price AED 480K	Last Sold 7 months ago	Sales 4

Units 24 units	Type Hotel Apartment	Beds Studio	Size 367 sqft	Avg Price AED 372K	Last Price AED 510K	Last Sold 8 months ago	Sales 10

Units 12 units	Type Hotel Apartment	Beds 1 B/R	Size 683 sqft	Avg Price AED 611K	Last Price AED 690K	Last Sold 9 months ago	Sales 5

Units 109	Type Hotel Apartment	Beds Studio	Size 449 sqft	Avg Price AED 328K	Last Price AED 370K	Last Sold about 1 year ago	Sales 2

Units 6 units	Type Hotel Apartment	Beds Studio	Size 333 sqft	Avg Price AED 402K	Last Price AED 475K	Last Sold about 1 year ago	Sales 3

Units 8 units	Type Hotel Apartment	Beds Studio	Size 457 sqft	Avg Price AED 440K	Last Price AED 450K	Last Sold over 1 year ago	Sales 3

Units 2 units	Type Hotel Apartment	Beds 1 B/R	Size 831 sqft	Avg Price AED 1.0M	Last Price AED 1.4M	Last Sold over 1 year ago	Sales 2

Units 2 units	Type Hotel Apartment	Beds Studio	Size 501 sqft	Avg Price AED 478K	Last Price AED 410K	Last Sold over 1 year ago	Sales 2

Units 19 units	Type Hotel Apartment	Beds Studio	Size 408 sqft	Avg Price AED 377K	Last Price AED 523K	Last Sold almost 2 years ago	Sales 5

Units 7 units	Type Hotel Apartment	Beds Studio	Size 458 sqft	Avg Price AED 402K	Last Price AED 400K	Last Sold almost 2 years ago	Sales 3

Units 2 units	Type Hotel Apartment	Beds Studio	Size 419 sqft	Avg Price AED 433K	Last Price AED 433K	Last Sold about 2 years ago	Sales 1

Units 2 units	Type Hotel Apartment	Beds 1 B/R	Size 812 sqft	Avg Price AED 610K	Last Price AED 610K	Last Sold about 2 years ago	Sales 1

Units 6 units	Type Hotel Apartment	Beds Studio	Size 358 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 125	Type Hotel Apartment	Beds Studio	Size 417 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 112	Type Hotel Apartment	Beds Studio	Size 440 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 111	Type Hotel Apartment	Beds Studio	Size 444 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds Studio	Size 505 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units F&B 1	Type Shop	Beds —	Size 3,709 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units F&B 2	Type Shop	Beds —	Size 4,481 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

30 unique layouts covering 224 units