OMORIA HOTEL RESIDENCES

Off-Plan

DeveloperINNOVATE DEVELOPMENT L.L.C

CommunityPalm Deira

AreaPalm Deira

Started

1 year ago01-01-2025

Handover

In 2 years 6 months31-07-2028

Status

0% BuiltIn Progress

Project Description

B+G+7

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

Growth

Current:AED 3,546/sqft

Last 12M:AED 3,546/sqft

Momentum: Last 12Mvs Prior Year

Rising

+312%

Growth

Last 12M:AED 3,546/sqft

Prior Year:AED 860/sqft

Community Compare: Last 90DPalm Deira

Premium

+42%

Above Avg

Project:AED 3,546/sqft

Community:AED 2,506/sqft

Liquidity: Last 12MExit Speed

Low

7%Turnover

4Sold (Last 12M)

Supply & Demand Matrix

OMORIA HOTEL RESIDENCES 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

16 units

2 sold14 left

13%

Velocity

1 Bedroom

15 units

1 sold14 left

Velocity

2 Bedrooms

6 units

0 sold6 left

Velocity

3 Bedrooms

13 units

1 sold12 left

Velocity

4 Bedrooms

2 units

0 sold2 left

Velocity

5 Bedrooms

1 units

0 sold1 left

Velocity

Shop

3 units

0 sold3 left

Velocity

Layouts & Units (57)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 4 units	Type Hotel Apartment	Beds Studio	Size 534 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold 8 days ago	Sales 2

Units 2 units	Type Hotel Apartment	Beds 1 B/R	Size 1,458 sqft	Avg Price AED 5.7M	Last Price AED 5.7M	Last Sold 16 days ago	Sales 1

Units 402	Type Hotel Apartment	Beds 3 B/R	Size 4,194 sqft	Avg Price AED 15.0M	Last Price AED 15.0M	Last Sold about 1 month ago	Sales 1

Units SHOP	Type Shop	Beds —	Size 314 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RESTAURANT -2	Type Shop	Beds —	Size 2,493 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RESTAURANT -1	Type Shop	Beds —	Size 4,251 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units GYM	Type Gymnasium	Beds —	Size 5,530 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 507	Type Hotel Apartment	Beds 1 B/R	Size 1,162 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 605	Type Hotel Apartment	Beds 1 B/R	Size 1,173 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 303	Type Hotel Apartment	Beds 1 B/R	Size 1,247 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 503	Type Hotel Apartment	Beds 1 B/R	Size 1,248 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds 1 B/R	Size 1,266 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 208	Type Hotel Apartment	Beds 1 B/R	Size 1,279 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 408	Type Hotel Apartment	Beds 1 B/R	Size 1,283 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 403	Type Hotel Apartment	Beds 1 B/R	Size 1,309 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 203	Type Hotel Apartment	Beds 1 B/R	Size 1,318 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds 1 B/R	Size 1,440 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 602	Type Hotel Apartment	Beds 1 B/R	Size 1,469 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds 2 B/R	Size 1,707 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Hotel Apartment	Beds 2 B/R	Size 1,708 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 603	Type Hotel Apartment	Beds 2 B/R	Size 1,861 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 205	Type Hotel Apartment	Beds 2 B/R	Size 2,010 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 405	Type Hotel Apartment	Beds 2 B/R	Size 2,025 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 409	Type Hotel Apartment	Beds 3 B/R	Size 3,175 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 309	Type Hotel Apartment	Beds 3 B/R	Size 3,464 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 410	Type Hotel Apartment	Beds 3 B/R	Size 3,833 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 606	Type Hotel Apartment	Beds 3 B/R	Size 3,955 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 310	Type Hotel Apartment	Beds 3 B/R	Size 4,015 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 508	Type Hotel Apartment	Beds 3 B/R	Size 4,328 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 502	Type Hotel Apartment	Beds 3 B/R	Size 4,481 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 302	Type Hotel Apartment	Beds 3 B/R	Size 4,508 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 210	Type Hotel Apartment	Beds 3 B/R	Size 4,827 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 209	Type Hotel Apartment	Beds 3 B/R	Size 4,877 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 107	Type Hotel Apartment	Beds 3 B/R	Size 5,620 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 202	Type Hotel Apartment	Beds 3 B/R	Size 5,925 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 106	Type Hotel Apartment	Beds 4 B/R	Size 5,913 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 509	Type Hotel Apartment	Beds 4 B/R	Size 6,643 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 701	Type Hotel Apartment	Beds 5 B/R	Size 15,148 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 104	Type Hotel Apartment	Beds Studio	Size 532 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 601	Type Hotel Apartment	Beds Studio	Size 599 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Hotel Apartment	Beds Studio	Size 618 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds Studio	Size 636 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 506	Type Hotel Apartment	Beds Studio	Size 722 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Apartment	Beds Studio	Size 723 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 504	Type Hotel Apartment	Beds Studio	Size 834 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 304	Type Hotel Apartment	Beds Studio	Size 840 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

46 unique layouts covering 57 units