Skyhills Residences 2

Off-Plan

DeveloperHRE REAL ESTATE DEVELOPMENT L.L.C

CommunityJumeirah Village Circle

AreaAl Barsha South Fourth

Started

1 year 7 months ago01-06-2024

Handover

In 4 months01-06-2026

Status

54% BuiltIn Progress

Project Description

B+G+M+3P+30+R ,Residential+Commercal.The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

+1%

Growth

Current:AED 1,657/sqft

Last 12M:AED 1,641/sqft

Momentum: Last 12Mvs Prior Year

Rising

+3%

Growth

Last 12M:AED 1,641/sqft

Prior Year:AED 1,587/sqft

Community Compare: Last 90DJumeirah Village Circle

Premium

+23%

Above Avg

Project:AED 1,657/sqft

Community:AED 1,346/sqft

Liquidity: Last 12MExit Speed

High

83%Turnover

438Sold (Last 12M)

Supply & Demand Matrix

Skyhills Residences 2 averaged 83% liquidity over the last 12 months, which is considered high. 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

229 units

200 sold29 left

87%

Velocity

1 Bedroom

238 units

200 sold38 left

84%

Velocity

2 Bedrooms

37 units

25 sold12 left

68%

Velocity

3 Bedrooms

5 units

2 sold3 left

40%

Velocity

Shop

17 units

11 sold6 left

65%

Velocity

Layouts & Units (526)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 18 units	Type Flat	Beds 2 B/R	Size 1,195 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold 9 days ago	Sales 13

Units 18 units	Type Flat	Beds 1 B/R	Size 906 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold 21 days ago	Sales 16

Units 52 units	Type Flat	Beds Studio	Size 421 sqft	Avg Price AED 740K	Last Price AED 769K	Last Sold 23 days ago	Sales 50

Units 18 units	Type Flat	Beds 1 B/R	Size 858 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold about 1 month ago	Sales 15

Units 176 units	Type Flat	Beds Studio	Size 415 sqft	Avg Price AED 731K	Last Price AED 746K	Last Sold about 1 month ago	Sales 160

Units 18 units	Type Flat	Beds 1 B/R	Size 851 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold about 1 month ago	Sales 18

Units 18 units	Type Flat	Beds 1 B/R	Size 844 sqft	Avg Price AED 1.3M	Last Price AED 925K	Last Sold about 2 months ago	Sales 18

Units 18 units	Type Flat	Beds 1 B/R	Size 856 sqft	Avg Price AED 1.3M	Last Price AED 938K	Last Sold about 2 months ago	Sales 18

Units 2 units	Type Flat	Beds 1 B/R	Size 950 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold 3 months ago	Sales 1

Units 18 units	Type Flat	Beds 2 B/R	Size 1,288 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold 3 months ago	Sales 14

Units 18 units	Type Flat	Beds 1 B/R	Size 719 sqft	Avg Price AED 1.1M	Last Price AED 1.2M	Last Sold 4 months ago	Sales 15

Units 18 units	Type Flat	Beds 1 B/R	Size 1,068 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold 4 months ago	Sales 12

Units 18 units	Type Flat	Beds 1 B/R	Size 782 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold 4 months ago	Sales 14

Units 20 units	Type Flat	Beds 1 B/R	Size 837 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold 4 months ago	Sales 20

Units 2 units	Type Flat	Beds 1 B/R	Size 938 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 4 months ago	Sales 1

Units 18 units	Type Flat	Beds 1 B/R	Size 716 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 4 months ago	Sales 17

Units 18 units	Type Flat	Beds 1 B/R	Size 819 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold 4 months ago	Sales 17

Units 18 units	Type Flat	Beds 1 B/R	Size 801 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 5 months ago	Sales 17

Units 10 units	Type Flat	Beds 1 B/R	Size 831 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold 6 months ago	Sales 9

Units 105	Type Flat	Beds Studio	Size 520 sqft	Avg Price AED 827K	Last Price AED 827K	Last Sold 8 months ago	Sales 1

Units 106	Type Flat	Beds 1 B/R	Size 999 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold 8 months ago	Sales 1

Units 2901	Type Flat	Beds 3 B/R	Size 2,285 sqft	Avg Price AED 3.2M	Last Price AED 3.2M	Last Sold 9 months ago	Sales 1

Units 2905	Type Flat	Beds 3 B/R	Size 3,466 sqft	Avg Price AED 4.6M	Last Price AED 4.6M	Last Sold 9 months ago	Sales 1

Units RETAIL 14	Type Shop	Beds —	Size 1,709 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 02	Type Shop	Beds —	Size 1,773 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 16	Type Shop	Beds —	Size 1,912 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 09	Type Shop	Beds —	Size 1,926 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 10	Type Shop	Beds —	Size 1,950 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 1,999 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 11	Type Shop	Beds —	Size 2,079 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 03	Type Shop	Beds —	Size 2,326 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 06	Type Shop	Beds —	Size 2,541 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 05	Type Shop	Beds —	Size 2,548 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 17	Type Shop	Beds —	Size 3,288 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 04	Type Shop	Beds —	Size 3,848 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 01	Type Shop	Beds —	Size 5,251 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 08	Type Shop	Beds —	Size 5,993 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 07	Type Shop	Beds —	Size 6,243 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 15	Type Shop	Beds —	Size 6,830 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 104	Type Flat	Beds 1 B/R	Size 991 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 103	Type Flat	Beds 1 B/R	Size 1,004 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 1,375 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 109	Type Flat	Beds 1 B/R	Size 1,392 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2904	Type Flat	Beds 2 B/R	Size 2,260 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2906	Type Flat	Beds 3 B/R	Size 3,096 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2902	Type Flat	Beds 3 B/R	Size 3,103 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2903	Type Flat	Beds 3 B/R	Size 3,430 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

47 unique layouts covering 526 units