PLATINUM RESIDENCE

Ready

DeveloperPLATINUM DEVELOPMENT L.L.C

CommunityJumeirah Village Circle

AreaAl Barsha South Fourth

Started

9 years 11 months ago01-02-2016

Handover

6 years 9 months ago08-04-2019

Status

CompleteFinished

Project Description

Platinum Residence is a B+G+P+4+R located in Jumeirah Village Circle. This six storey freehold project will accommodate studios, one bedroom and two bedroom apartments. The design introduces a smart and modern way of living. Movable wooden louvres give the residents the option of a more private space as well as giving the project a continuously changing fa?ade. Scheduled to complete in November 2017, Platinum Residence presents luxury living at affordable prices.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

Growth

Current:AED 2,535/sqft

Last 12M:AED 2,535/sqft

Momentum: Last 12Mvs Prior Year

—No sales in period

Community Compare: Last 90DJumeirah Village Circle

Premium

+88%

Above Avg

Project:AED 2,535/sqft

Community:AED 1,346/sqft

Liquidity: Last 12MExit Speed

Low

1%Turnover

1Sold (Last 12M)

Supply & Demand Matrix

PLATINUM RESIDENCE averaged 0% 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

75 units

0 sold75 left

Velocity

1 Bedroom

8 units

0 sold8 left

Velocity

2 Bedrooms

13 units

0 sold13 left

Velocity

Shop

3 units

0 sold3 left

Velocity

Layouts & Units (99)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 111	Type Flat	Beds 1 B/R	Size 703 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 803 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 401	Type Flat	Beds 1 B/R	Size 808 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 1,024 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 887 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 119	Type Flat	Beds 2 B/R	Size 888 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 112	Type Flat	Beds 2 B/R	Size 1,106 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,111 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,164 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 405	Type Flat	Beds 2 B/R	Size 1,721 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 407	Type Flat	Beds 2 B/R	Size 1,747 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 406	Type Flat	Beds 2 B/R	Size 1,783 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 408	Type Flat	Beds 2 B/R	Size 1,801 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 404	Type Flat	Beds 2 B/R	Size 1,960 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G03	Type Flat	Beds Studio	Size 422 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds Studio	Size 432 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 121	Type Flat	Beds Studio	Size 433 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Flat	Beds Studio	Size 464 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds Studio	Size 472 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 10 units	Type Flat	Beds Studio	Size 477 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 17 units	Type Flat	Beds Studio	Size 481 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 11 units	Type Flat	Beds Studio	Size 485 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 488 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G04	Type Flat	Beds Studio	Size 496 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G02	Type Flat	Beds Studio	Size 512 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 545 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds Studio	Size 559 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 564 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G01	Type Flat	Beds Studio	Size 568 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 120	Type Flat	Beds Studio	Size 578 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds Studio	Size 583 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G08	Type Flat	Beds Studio	Size 595 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G09	Type Flat	Beds Studio	Size 599 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R02	Type Shop	Beds —	Size 457 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R03	Type Shop	Beds —	Size 470 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R01	Type Shop	Beds —	Size 1,483 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

36 unique layouts covering 99 units