AL Andalus Phase 2

Ready

DeveloperJUMEIRAH GOLF ESTATES L.L.C

CommunityJumeirah Golf Estates

AreaMe'Aisem First

Started

9 years 4 months ago15-09-2016

Handover

6 years ago31-12-2019

Status

CompleteFinished

Project Description

Residential Building: Tower C (2LG, 1LG, G+12 and Roof)

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-10%

Decline

Current:AED 967/sqft

Last 12M:AED 1,080/sqft

Momentum: Last 12Mvs Prior Year

Falling

-9%

Decline

Last 12M:AED 1,080/sqft

Prior Year:AED 1,191/sqft

Community Compare: Last 90DJumeirah Golf Estates

Discount

-40%

Below Avg

Project:AED 967/sqft

Community:AED 1,600/sqft

Liquidity: Last 12MExit Speed

Moderate

13%Turnover

15Sold (Last 12M)

Supply & Demand Matrix

AL Andalus Phase 2 averaged 13% 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

40 units

5 sold35 left

13%

Velocity

2 Bedrooms

60 units

9 sold51 left

15%

Velocity

3 Bedrooms

14 units

1 sold13 left

Velocity

4 Bedrooms

6 units

0 sold6 left

Velocity

Layouts & Units (120)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 14 units	Type Flat	Beds 1 B/R	Size 777 sqft	Avg Price AED 565K	Last Price AED 15K	Last Sold 18 days ago	Sales 9

Units 26 units	Type Flat	Beds 2 B/R	Size 1,369 sqft	Avg Price AED 1.3M	Last Price AED 61K	Last Sold 18 days ago	Sales 12

Units 2LG03	Type Flat	Beds 3 B/R	Size 2,360 sqft	Avg Price AED 3.2M	Last Price AED 3.2M	Last Sold about 1 month ago	Sales 1

Units 2 units	Type Flat	Beds 2 B/R	Size 1,443 sqft	Avg Price AED 1.9M	Last Price AED 2.3M	Last Sold 2 months ago	Sales 3

Units 14 units	Type Flat	Beds 2 B/R	Size 1,385 sqft	Avg Price AED 1.9M	Last Price AED 2.5M	Last Sold 2 months ago	Sales 7

Units 8 units	Type Flat	Beds 2 B/R	Size 1,376 sqft	Avg Price AED 1.7M	Last Price AED 2.0M	Last Sold 3 months ago	Sales 4

Units 16 units	Type Flat	Beds 1 B/R	Size 897 sqft	Avg Price AED 1.1M	Last Price AED 1.3M	Last Sold 4 months ago	Sales 9

Units 4 units	Type Flat	Beds 2 B/R	Size 1,438 sqft	Avg Price AED 1.7M	Last Price AED 2.1M	Last Sold 4 months ago	Sales 4

Units 2 units	Type Flat	Beds 2 B/R	Size 1,643 sqft	Avg Price AED 1.9M	Last Price AED 2.1M	Last Sold 5 months ago	Sales 2

Units 2 units	Type Flat	Beds 4 B/R	Size 2,887 sqft	Avg Price AED 3.6M	Last Price AED 4.3M	Last Sold about 1 year ago	Sales 3

Units 6 units	Type Flat	Beds 3 B/R	Size 1,791 sqft	Avg Price AED 2.3M	Last Price AED 2.4M	Last Sold over 1 year ago	Sales 3

Units 4 units	Type Flat	Beds 3 B/R	Size 1,735 sqft	Avg Price AED 1.9M	Last Price AED 2.2M	Last Sold about 2 years ago	Sales 3

Units 2 units	Type Flat	Beds 2 B/R	Size 1,366 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 2 years ago	Sales 1

Units 2 units	Type Flat	Beds 4 B/R	Size 2,657 sqft	Avg Price AED 3.0M	Last Price AED 3.0M	Last Sold over 2 years ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 728 sqft	Avg Price AED 761K	Last Price AED 761K	Last Sold over 2 years ago	Sales 1

Units 2LG02	Type Flat	Beds 3 B/R	Size 2,364 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold almost 3 years ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 818 sqft	Avg Price AED 835K	Last Price AED 820K	Last Sold almost 3 years ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 1,775 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 3 years ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 816 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 903 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 3 B/R	Size 1,793 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 4 B/R	Size 2,664 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

22 unique layouts covering 120 units