TORINO BY ORO24

Off-Plan

DeveloperORO24 REAL ESTATE DEVELOPMENT L.L.C

CommunityArjan

AreaAl Barshaa South Third

Started

3 years 6 months ago08-07-2022

Handover

1 year 6 months ago08-07-2024

Status

98% BuiltIn Progress

Project Description

6 Residential buildings each consists of (G+5+R), The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+3%

Growth

Current:AED 1,642/sqft

Last 12M:AED 1,593/sqft

Momentum: Last 12Mvs Prior Year

Rising

+10%

Growth

Last 12M:AED 1,593/sqft

Prior Year:AED 1,442/sqft

Community Compare: Last 90DArjan

Discount

-13%

Below Avg

Project:AED 1,576/sqft

Community:AED 1,809/sqft

Liquidity: Last 12MExit Speed

Low

7%Turnover

43Sold (Last 12M)

Supply & Demand Matrix

TORINO BY ORO24 averaged 7% 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

284 units

26 sold258 left

Velocity

1 Bedroom

249 units

13 sold236 left

Velocity

2 Bedrooms

91 units

3 sold88 left

Velocity

3 Bedrooms

1 units

1 sold0 left

100%

Velocity

Layouts & Units (625)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 42 units	Type Flat	Beds 1 B/R	Size 627 sqft	Avg Price AED 934K	Last Price AED 975K	Last Sold 9 days ago	Sales 4

Units 93 units	Type Flat	Beds 1 B/R	Size 509 sqft	Avg Price AED 805K	Last Price AED 815K	Last Sold 15 days ago	Sales 3

Units 229 units	Type Flat	Beds Studio	Size 367 sqft	Avg Price AED 602K	Last Price AED 640K	Last Sold 15 days ago	Sales 23

Units 10 units	Type Flat	Beds 1 B/R	Size 507 sqft	Avg Price AED 840K	Last Price AED 840K	Last Sold 17 days ago	Sales 1

Units 46 units	Type Flat	Beds Studio	Size 372 sqft	Avg Price AED 565K	Last Price AED 450K	Last Sold about 2 months ago	Sales 3

Units 518	Type Flat	Beds 3 B/R	Size 1,501 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold 2 months ago	Sales 1

Units 17 units	Type Flat	Beds 1 B/R	Size 617 sqft	Avg Price AED 695K	Last Price AED 695K	Last Sold 3 months ago	Sales 1

Units 9 units	Type Flat	Beds Studio	Size 373 sqft	Avg Price AED 635K	Last Price AED 620K	Last Sold 3 months ago	Sales 2

Units 50 units	Type Flat	Beds 1 B/R	Size 520 sqft	Avg Price AED 815K	Last Price AED 815K	Last Sold 3 months ago	Sales 1

Units 9 units	Type Flat	Beds 2 B/R	Size 839 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 3 months ago	Sales 1

Units 10 units	Type Flat	Beds 1 B/R	Size 534 sqft	Avg Price AED 825K	Last Price AED 825K	Last Sold 3 months ago	Sales 1

Units 23 units	Type Flat	Beds 2 B/R	Size 829 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 3 months ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 628 sqft	Avg Price AED 800K	Last Price AED 800K	Last Sold 3 months ago	Sales 1

Units 15 units	Type Flat	Beds 2 B/R	Size 835 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold 3 months ago	Sales 1

Units 17 units	Type Flat	Beds 1 B/R	Size 515 sqft	Avg Price AED 750K	Last Price AED 750K	Last Sold 4 months ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 618 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 634 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 9 units	Type Flat	Beds 2 B/R	Size 827 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Flat	Beds 2 B/R	Size 844 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 313	Type Flat	Beds 2 B/R	Size 848 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 2 B/R	Size 853 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 16 units	Type Flat	Beds 2 B/R	Size 867 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 7 units	Type Flat	Beds 2 B/R	Size 868 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 877 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

24 unique layouts covering 625 units