Montrell Hotel Aprtments
ReadyDeveloperAZIZI 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%
GrowthCurrent:AED 1,246/sqft
Last 12M:AED 1,164/sqft
Momentum: Last 12Mvs Prior Year
Rising+27%
GrowthLast 12M:AED 1,164/sqft
Prior Year:AED 914/sqft
Community Compare: Last 90DAl Furjan
Discount-3%
Below AvgProject:AED 1,246/sqft
Community:AED 1,286/sqft
Liquidity: Last 12MExit Speed
Moderate12%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
0%
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