Jumeirah Gate

Ready

DeveloperAL ASEEL INVESTMENTS L.L.C

CommunityJumeriah Beach Residence - JBR

AreaMarsa Dubai

Started

9 years 4 months ago07-09-2016

Handover

4 years 9 months ago28-03-2021

Status

CompleteFinished

Project Description

the Project is a mixed-use twin 74 storey tower development that will accommodate three main usages; a five-star hotel with public and service support facilities within the podium levels and 14 guestroom floors located at the lower levels of the west tower. 54 floors of Address Residences (serviced apartments) are located above the hotel floors. The full east tower holds from level 3 to 72, 68 floors of The Residences (residential apartments managed by The Address). The effective built up area of the building is approximately 244,000m?. (COMMON 3B+G+M+2P)x2 towers(74+R )

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-4%

Decline

Current:AED 4,483/sqft

Last 12M:AED 4,692/sqft

Momentum: Last 12Mvs Prior Year

Stable

-1%

Decline

Last 12M:AED 4,692/sqft

Prior Year:AED 4,724/sqft

Community Compare: Last 90DJumeriah Beach Residence - JBR

Premium

+127%

Above Avg

Project:AED 4,483/sqft

Community:AED 1,979/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

94Sold (Last 12M)

Supply & Demand Matrix

Jumeirah Gate averaged 10% 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

350 units

33 sold317 left

Velocity

2 Bedrooms

325 units

40 sold285 left

12%

Velocity

3 Bedrooms

187 units

16 sold171 left

Velocity

4 Bedrooms

37 units

4 sold33 left

11%

Velocity

5 Bedrooms

9 units

1 sold8 left

11%

Velocity

8 Bedrooms

1 units

0 sold1 left

Velocity

Shop

10 units

0 sold10 left

Velocity

Layouts & Units (920)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 40 units	Type Hotel Apartment	Beds 3 B/R	Size 1,924 sqft	Avg Price AED 8.2M	Last Price AED 9.5M	Last Sold 15 days ago	Sales 52

Units 38 units	Type Flat	Beds 1 B/R	Size 706 sqft	Avg Price AED 2.5M	Last Price AED 2.7M	Last Sold 29 days ago	Sales 36

Units 54 units	Type Flat	Beds 2 B/R	Size 1,477 sqft	Avg Price AED 6.1M	Last Price AED 8.3M	Last Sold about 1 month ago	Sales 49

Units 53 units	Type Hotel Apartment	Beds 1 B/R	Size 810 sqft	Avg Price AED 2.9M	Last Price AED 3.0M	Last Sold about 1 month ago	Sales 66

Units 24 units	Type Hotel Apartment	Beds 2 B/R	Size 1,169 sqft	Avg Price AED 6.1M	Last Price AED 7.0M	Last Sold about 1 month ago	Sales 24

Units 4 units	Type Hotel Apartment	Beds 2 B/R	Size 1,969 sqft	Avg Price AED 8.1M	Last Price AED 9.5M	Last Sold about 1 month ago	Sales 5

Units 16 units	Type Hotel Apartment	Beds 1 B/R	Size 737 sqft	Avg Price AED 2.8M	Last Price AED 2.9M	Last Sold about 1 month ago	Sales 16

Units 38 units	Type Flat	Beds 1 B/R	Size 856 sqft	Avg Price AED 2.5M	Last Price AED 3.0M	Last Sold about 1 month ago	Sales 31

Units 16 units	Type Flat	Beds 2 B/R	Size 1,162 sqft	Avg Price AED 5.5M	Last Price AED 6.5M	Last Sold about 1 month ago	Sales 14

Units 44 units	Type Flat	Beds 3 B/R	Size 1,939 sqft	Avg Price AED 7.6M	Last Price AED 11.2M	Last Sold about 1 month ago	Sales 33

Units 38 units	Type Flat	Beds 1 B/R	Size 625 sqft	Avg Price AED 2.2M	Last Price AED 2.4M	Last Sold about 2 months ago	Sales 38

Units 21 units	Type Flat	Beds 2 B/R	Size 1,157 sqft	Avg Price AED 4.8M	Last Price AED 4.2M	Last Sold about 2 months ago	Sales 24

Units 13 units	Type Hotel Apartment	Beds 1 B/R	Size 697 sqft	Avg Price AED 2.7M	Last Price AED 2.8M	Last Sold 2 months ago	Sales 16

Units 20 units	Type Flat	Beds 2 B/R	Size 1,133 sqft	Avg Price AED 3.3M	Last Price AED 4.2M	Last Sold 2 months ago	Sales 28

Units 16 units	Type Hotel Apartment	Beds 2 B/R	Size 1,164 sqft	Avg Price AED 5.9M	Last Price AED 7.3M	Last Sold 2 months ago	Sales 14

Units 20 units	Type Flat	Beds 2 B/R	Size 1,152 sqft	Avg Price AED 3.8M	Last Price AED 5.0M	Last Sold 2 months ago	Sales 19

Units 2 units	Type Flat	Beds 2 B/R	Size 1,973 sqft	Avg Price AED 5.2M	Last Price AED 5.2M	Last Sold 3 months ago	Sales 1

Units 40 units	Type Hotel Apartment	Beds 2 B/R	Size 1,473 sqft	Avg Price AED 7.3M	Last Price AED 8.5M	Last Sold 3 months ago	Sales 35

Units 40 units	Type Hotel Apartment	Beds 1 B/R	Size 705 sqft	Avg Price AED 2.6M	Last Price AED 2.8M	Last Sold 3 months ago	Sales 42

Units 39 units	Type Flat	Beds 2 B/R	Size 1,167 sqft	Avg Price AED 5.2M	Last Price AED 7.7M	Last Sold 3 months ago	Sales 38

Units 28 units	Type Flat	Beds 3 B/R	Size 1,868 sqft	Avg Price AED 7.0M	Last Price AED 9.0M	Last Sold 3 months ago	Sales 25

Units 32 units	Type Flat	Beds 1 B/R	Size 742 sqft	Avg Price AED 2.5M	Last Price AED 2.7M	Last Sold 3 months ago	Sales 28

Units 49 units	Type Hotel Apartment	Beds 3 B/R	Size 1,865 sqft	Avg Price AED 8.5M	Last Price AED 10.7M	Last Sold 4 months ago	Sales 45

Units 4 units	Type Flat	Beds 5 B/R	Size 4,246 sqft	Avg Price AED 18.8M	Last Price AED 17.5M	Last Sold 4 months ago	Sales 2

Units 4 units	Type Flat	Beds 3 B/R	Size 1,943 sqft	Avg Price AED 7.1M	Last Price AED 9.4M	Last Sold 5 months ago	Sales 5

Units 9 units	Type Flat	Beds 4 B/R	Size 2,551 sqft	Avg Price AED 8.8M	Last Price AED 13.5M	Last Sold 6 months ago	Sales 8

Units 4 units	Type Hotel Apartment	Beds 1 B/R	Size 749 sqft	Avg Price AED 2.9M	Last Price AED 2.8M	Last Sold 6 months ago	Sales 4

Units 20 units	Type Flat	Beds 4 B/R	Size 2,554 sqft	Avg Price AED 10.8M	Last Price AED 16.5M	Last Sold 7 months ago	Sales 26

Units 4 units	Type Flat	Beds 2 B/R	Size 1,204 sqft	Avg Price AED 3.3M	Last Price AED 4.3M	Last Sold 7 months ago	Sales 6

Units 4 units	Type Hotel Apartment	Beds 4 B/R	Size 3,609 sqft	Avg Price AED 24.5M	Last Price AED 31.5M	Last Sold 8 months ago	Sales 3

Units 24 units	Type Hotel Apartment	Beds 1 B/R	Size 741 sqft	Avg Price AED 2.7M	Last Price AED 2.7M	Last Sold 10 months ago	Sales 26

Units 9 units	Type Flat	Beds 2 B/R	Size 1,481 sqft	Avg Price AED 6.5M	Last Price AED 7.4M	Last Sold 10 months ago	Sales 9

Units 4 units	Type Flat	Beds 2 B/R	Size 1,197 sqft	Avg Price AED 3.2M	Last Price AED 4.3M	Last Sold about 1 year ago	Sales 6

Units 40 units	Type Hotel Apartment	Beds 1 B/R	Size 624 sqft	Avg Price AED 2.4M	Last Price AED 2.6M	Last Sold about 1 year ago	Sales 44

Units 13 units	Type Hotel Apartment	Beds 2 B/R	Size 1,159 sqft	Avg Price AED 5.9M	Last Price AED 7.0M	Last Sold about 1 year ago	Sales 12

Units 4 units	Type Flat	Beds 2 B/R	Size 1,918 sqft	Avg Price AED 7.6M	Last Price AED 10.4M	Last Sold about 1 year ago	Sales 5

Units 3 units	Type Hotel Apartment	Beds 2 B/R	Size 1,465 sqft	Avg Price AED 5.8M	Last Price AED 5.6M	Last Sold about 1 year ago	Sales 5

Units 4 units	Type Hotel Apartment	Beds 2 B/R	Size 1,492 sqft	Avg Price AED 5.5M	Last Price AED 9.4M	Last Sold over 1 year ago	Sales 6

Units 4 units	Type Hotel Apartment	Beds 3 B/R	Size 1,920 sqft	Avg Price AED 7.6M	Last Price AED 9.7M	Last Sold over 1 year ago	Sales 5

Units PENTHOUSE	Type Hotel Apartment	Beds 5 B/R	Size 11,898 sqft	Avg Price AED 80.0M	Last Price AED 80.0M	Last Sold over 1 year ago	Sales 1

Units 7004	Type Hotel Apartment	Beds 2 B/R	Size 1,462 sqft	Avg Price AED 7.5M	Last Price AED 7.5M	Last Sold over 2 years ago	Sales 1

Units 2 units	Type Flat	Beds 2 B/R	Size 1,909 sqft	Avg Price AED 6.0M	Last Price AED 8.4M	Last Sold almost 3 years ago	Sales 3

Units 4 units	Type Hotel Apartment	Beds 4 B/R	Size 3,061 sqft	Avg Price AED 15.2M	Last Price AED 20.0M	Last Sold almost 3 years ago	Sales 4

Units 3 units	Type Hotel Apartment	Beds 5 B/R	Size 5,010 sqft	Avg Price AED 34.3M	Last Price AED 47.5M	Last Sold about 3 years ago	Sales 2

Units 4 units	Type Hotel Apartment	Beds 2 B/R	Size 1,799 sqft	Avg Price AED 5.7M	Last Price AED 6.7M	Last Sold about 3 years ago	Sales 7

Units 5 units	Type Hotel Apartment	Beds 2 B/R	Size 1,482 sqft	Avg Price AED 6.5M	Last Price AED 7.5M	Last Sold about 3 years ago	Sales 5

Units 4 units	Type Hotel Apartment	Beds 2 B/R	Size 1,483 sqft	Avg Price AED 6.3M	Last Price AED 7.2M	Last Sold over 3 years ago	Sales 3

Units 3 units	Type Hotel Apartment	Beds 1 B/R	Size 1,142 sqft	Avg Price AED 4.1M	Last Price AED 3.6M	Last Sold over 3 years ago	Sales 2

Units 4 units	Type Hotel Apartment	Beds 3 B/R	Size 1,868 sqft	Avg Price AED 7.5M	Last Price AED 5.8M	Last Sold over 3 years ago	Sales 2

Units 4 units	Type Hotel Apartment	Beds 1 B/R	Size 629 sqft	Avg Price AED 2.7M	Last Price AED 2.9M	Last Sold over 3 years ago	Sales 2

Units 4 units	Type Hotel Apartment	Beds 2 B/R	Size 1,817 sqft	Avg Price AED 5.7M	Last Price AED 7.0M	Last Sold over 3 years ago	Sales 4

Units 4 units	Type Hotel Apartment	Beds 2 B/R	Size 1,790 sqft	Avg Price AED 6.0M	Last Price AED 6.5M	Last Sold over 3 years ago	Sales 4

Units 2 units	Type Flat	Beds 1 B/R	Size 721 sqft	Avg Price AED 2.3M	Last Price AED 2.5M	Last Sold over 3 years ago	Sales 2

Units 4 units	Type Flat	Beds 3 B/R	Size 2,751 sqft	Avg Price AED 9.1M	Last Price AED 10.6M	Last Sold over 3 years ago	Sales 2

Units 308	Type Flat	Beds 1 B/R	Size 732 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold over 3 years ago	Sales 1

Units 10 units	Type Flat	Beds 3 B/R	Size 1,861 sqft	Avg Price AED 5.8M	Last Price AED 6.5M	Last Sold almost 4 years ago	Sales 3

Units 1101	Type Flat	Beds 2 B/R	Size 1,892 sqft	Avg Price AED 5.6M	Last Price AED 5.6M	Last Sold almost 4 years ago	Sales 1

Units 7009	Type Hotel Apartment	Beds 1 B/R	Size 1,143 sqft	Avg Price AED 4.6M	Last Price AED 4.6M	Last Sold over 4 years ago	Sales 1

Units 6308	Type Hotel Apartment	Beds 2 B/R	Size 1,907 sqft	Avg Price AED 6.3M	Last Price AED 6.3M	Last Sold over 4 years ago	Sales 1

Units V3	Type Hotel	Beds —	Size 1,098,495 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 808	Type Flat	Beds 1 B/R	Size 725 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 807 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 801	Type Flat	Beds 2 B/R	Size 1,896 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units FB06	Type Shop	Beds —	Size 8,219 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R02	Type Shop	Beds —	Size 462 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R01	Type Shop	Beds —	Size 436 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units FB04	Type Shop	Beds —	Size 2,502 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 7201	Type Hotel Apartment	Beds 5 B/R	Size 18,102 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R03	Type Shop	Beds —	Size 1,878 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units FB05	Type Shop	Beds —	Size 2,688 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units FB03	Type Shop	Beds —	Size 7,017 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 7001	Type Flat	Beds 8 B/R	Size 15,834 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units FB01	Type Shop	Beds —	Size 9,216 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units FB02	Type Shop	Beds —	Size 11,096 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1201	Type Flat	Beds 2 B/R	Size 1,885 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R04	Type Shop	Beds —	Size 1,372 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

76 unique layouts covering 920 units