Milano Giovanni Boutique Suites

Ready

DeveloperARTHUR AND HARD MAN REAL ESTATE DEVELOPMENT L.L.C

CommunityJumeirah Village Circle

AreaAl Barsha South Fourth

Started

10 years 2 months ago19-11-2015

Handover

6 years 3 months ago07-10-2019

Status

CompleteFinished

Project Description

Project consist of freehold G+4P+14 standard hotel apartment & retail at ground floor building located in Al Barsha South Fourth. The building is designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-3%

Decline

Current:AED 1,283/sqft

Last 12M:AED 1,316/sqft

Momentum: Last 12Mvs Prior Year

Rising

+6%

Growth

Last 12M:AED 1,316/sqft

Prior Year:AED 1,236/sqft

Community Compare: Last 90DJumeirah Village Circle

Discount

-5%

Below Avg

Project:AED 1,283/sqft

Community:AED 1,346/sqft

Liquidity: Last 12MExit Speed

Moderate

11%Turnover

14Sold (Last 12M)

Supply & Demand Matrix

Milano Giovanni Boutique Suites averaged 11% 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

70 units

7 sold63 left

10%

Velocity

1 Bedroom

13 units

2 sold11 left

15%

Velocity

2 Bedrooms

41 units

4 sold37 left

10%

Velocity

Shop

3 units

1 sold2 left

33%

Velocity

Layouts & Units (127)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 52 units	Type Hotel Apartment	Beds Studio	Size 395 sqft	Avg Price AED 458K	Last Price AED 560K	Last Sold 30 days ago	Sales 25

Units 13 units	Type Hotel Apartment	Beds 2 B/R	Size 1,171 sqft	Avg Price AED 931K	Last Price AED 1.3M	Last Sold about 1 month ago	Sales 16

Units C01	Type Shop	Beds —	Size 742 sqft	Avg Price AED 842K	Last Price AED 842K	Last Sold 2 months ago	Sales 1

Units 13 units	Type Hotel Apartment	Beds 2 B/R	Size 1,001 sqft	Avg Price AED 892K	Last Price AED 1.3M	Last Sold 3 months ago	Sales 17

Units 13 units	Type Hotel Apartment	Beds Studio	Size 374 sqft	Avg Price AED 433K	Last Price AED 595K	Last Sold 3 months ago	Sales 11

Units 13 units	Type Hotel Apartment	Beds 1 B/R	Size 709 sqft	Avg Price AED 532K	Last Price AED 1.0M	Last Sold 6 months ago	Sales 24

Units 13 units	Type Hotel Apartment	Beds 2 B/R	Size 1,152 sqft	Avg Price AED 968K	Last Price AED 1.1M	Last Sold about 1 year ago	Sales 13

Units 2 units	Type Hotel Apartment	Beds Studio	Size 473 sqft	Avg Price AED 430K	Last Price AED 510K	Last Sold over 1 year ago	Sales 2

Units 106	Type Hotel Apartment	Beds Studio	Size 472 sqft	Avg Price AED 438K	Last Price AED 494K	Last Sold over 1 year ago	Sales 2

Units 101	Type Hotel Apartment	Beds 2 B/R	Size 1,016 sqft	Avg Price AED 908K	Last Price AED 940K	Last Sold over 2 years ago	Sales 2

Units 102	Type Hotel Apartment	Beds Studio	Size 381 sqft	Avg Price AED 400K	Last Price AED 400K	Last Sold almost 3 years ago	Sales 1

Units 103	Type Hotel Apartment	Beds 2 B/R	Size 1,286 sqft	Avg Price AED 593K	Last Price AED 881K	Last Sold about 3 years ago	Sales 3

Units 104	Type Hotel Apartment	Beds Studio	Size 464 sqft	Avg Price AED 382K	Last Price AED 381K	Last Sold about 3 years ago	Sales 3

Units R-01	Type Shop	Beds —	Size 1,556 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold almost 5 years ago	Sales 1

Units R-02	Type Shop	Beds —	Size 2,481 sqft	Avg Price AED 2.5M	Last Price AED 2.5M	Last Sold almost 5 years ago	Sales 1

15 unique layouts covering 127 units