Luma21

Ready

DeveloperTOWNX REAL ESTATE DEVELOPMENT L.L.C

CommunityJumeirah Village Circle

AreaAl Barsha South Fourth

Started

4 years 5 months ago25-07-2021

Handover

2 years 8 months ago30-04-2023

Status

CompleteFinished

Project Description

B+G+4+R+UR Residential Building

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

-2%

Decline

Current:AED 1,497/sqft

Last 12M:AED 1,523/sqft

Momentum: Last 12Mvs Prior Year

Rising

+3%

Growth

Last 12M:AED 1,523/sqft

Prior Year:AED 1,481/sqft

Community Compare: Last 90DJumeirah Village Circle

Premium

+11%

Above Avg

Project:AED 1,497/sqft

Community:AED 1,346/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

21Sold (Last 12M)

Supply & Demand Matrix

Luma21 averaged 9% liquidity over the last 12 months, which is considered low. 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

191 units

14 sold177 left

Velocity

1 Bedroom

39 units

5 sold34 left

13%

Velocity

2 Bedrooms

3 units

1 sold2 left

33%

Velocity

3 Bedrooms

5 units

1 sold4 left

20%

Velocity

Layouts & Units (238)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 16 units	Type Flat	Beds Studio	Size 423 sqft	Avg Price AED 624K	Last Price AED 730K	Last Sold 16 days ago	Sales 12

Units 42 units	Type Flat	Beds Studio	Size 446 sqft	Avg Price AED 611K	Last Price AED 765K	Last Sold 16 days ago	Sales 15

Units 7 units	Type Flat	Beds Studio	Size 553 sqft	Avg Price AED 738K	Last Price AED 800K	Last Sold 18 days ago	Sales 4

Units 3 units	Type Flat	Beds 2 B/R	Size 1,144 sqft	Avg Price AED 1.4M	Last Price AED 1.6M	Last Sold about 1 month ago	Sales 2

Units 76 units	Type Flat	Beds Studio	Size 422 sqft	Avg Price AED 592K	Last Price AED 695K	Last Sold 3 months ago	Sales 55

Units 9 units	Type Flat	Beds Studio	Size 502 sqft	Avg Price AED 640K	Last Price AED 660K	Last Sold 3 months ago	Sales 6

Units 4 units	Type Flat	Beds 1 B/R	Size 596 sqft	Avg Price AED 787K	Last Price AED 860K	Last Sold 3 months ago	Sales 3

Units 2 units	Type Flat	Beds Studio	Size 504 sqft	Avg Price AED 739K	Last Price AED 739K	Last Sold 3 months ago	Sales 1

Units 10 units	Type Flat	Beds 1 B/R	Size 761 sqft	Avg Price AED 1.1M	Last Price AED 1.2M	Last Sold 4 months ago	Sales 6

Units 8 units	Type Flat	Beds 1 B/R	Size 699 sqft	Avg Price AED 1.1M	Last Price AED 1.0M	Last Sold 7 months ago	Sales 3

Units 4 units	Type Flat	Beds 3 B/R	Size 1,184 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold 10 months ago	Sales 1

Units 29 units	Type Flat	Beds Studio	Size 452 sqft	Avg Price AED 606K	Last Price AED 650K	Last Sold over 1 year ago	Sales 12

Units 3 units	Type Flat	Beds 1 B/R	Size 621 sqft	Avg Price AED 868K	Last Price AED 1000K	Last Sold over 1 year ago	Sales 2

Units 6 units	Type Flat	Beds Studio	Size 552 sqft	Avg Price AED 698K	Last Price AED 685K	Last Sold over 1 year ago	Sales 2

Units 4 units	Type Flat	Beds 1 B/R	Size 767 sqft	Avg Price AED 960K	Last Price AED 960K	Last Sold almost 2 years ago	Sales 1

Units G34	Type Flat	Beds 3 B/R	Size 1,263 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold about 2 years ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 696 sqft	Avg Price AED 965K	Last Price AED 965K	Last Sold about 2 years ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 703 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 103	Type Flat	Beds 1 B/R	Size 892 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 257	Type Flat	Beds 1 B/R	Size 982 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 1,079 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds Studio	Size 490 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

22 unique layouts covering 238 units