THE RESIDENCE | Burj Khalifa
Off-PlanDeveloperEMAAR PROPERTIES (P.J.S.C)
CommunityDownTown Dubai
AreaBurj Khalifa
Started
2 years 10 months ago21-03-2023
Handover
1 year ago31-12-2024
Status
80% BuiltIn Progress
Project Description
2B+CC+G+M+12 Floors + R Residential,The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
Stable-1%
DeclineLast 12M:AED 3,522/sqft
Prior Year:AED 3,543/sqft
Community Compare: Last 90DDownTown Dubai
—No recent sales
Liquidity: Last 12MExit Speed
Moderate11%Turnover
4Sold (Last 12M)
Supply & Demand Matrix
THE RESIDENCE | Burj Khalifa 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
3 Bedrooms
11 units
2 sold9 left
18%
Velocity
4 Bedrooms
12 units
1 sold11 left
8%
Velocity
5 Bedrooms
11 units
1 sold10 left
9%
Velocity
7 Bedrooms
1 units
0 sold1 left
0%
Velocity
Layouts & Units (35)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 11 units | Type Flat | Beds 4 B/R | Size 8,230 sqft | Avg Price AED 28.3M | Last Price AED 29.5M | Last Sold 3 months ago | Sales 12 |
Units 11 units | Type Flat | Beds 3 B/R | Size 5,735 sqft | Avg Price AED 15.8M | Last Price AED 20.0M | Last Sold 5 months ago | Sales 12 |
Units 202 | Type Flat | Beds 5 B/R | Size 8,854 sqft | Avg Price AED 35.9M | Last Price AED 35.9M | Last Sold 7 months ago | Sales 1 |
Units G01 | Type Flat | Beds 4 B/R | Size 7,736 sqft | Avg Price AED 20.7M | Last Price AED 20.7M | Last Sold over 1 year ago | Sales 1 |
Units 10 units | Type Flat | Beds 5 B/R | Size 8,822 sqft | Avg Price AED 33.7M | Last Price AED 44.0M | Last Sold about 2 years ago | Sales 11 |
Units 101 | Type Flat | Beds 7 B/R | Size 15,908 sqft | Avg Price AED 56.3M | Last Price AED 56.3M | Last Sold over 2 years ago | Sales 1 |
6 unique layouts covering 35 units