NOORA RESIDENCE 1

Ready

DeveloperINTERNATIONAL MERCHANT HOUSE REAL ESTATE DEVELOPMENT (L.L.C)

CommunityJumeirah Village Circle

AreaAl Barsha South Fourth

Started

15 years 7 months ago01-06-2010

Handover

11 years 5 months ago21-08-2014

Status

CompleteFinished

Project Description

Freehold residential development located at Jumeirah Village First. The building is designed to be constructed as 2B+G+4 out of concrete structure with external and internal finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-17%

Decline

Current:AED 809/sqft

Last 12M:AED 974/sqft

Momentum: Last 12Mvs Prior Year

Rising

+6%

Growth

Last 12M:AED 974/sqft

Prior Year:AED 916/sqft

Community Compare: Last 90DJumeirah Village Circle

Discount

-40%

Below Avg

Project:AED 809/sqft

Community:AED 1,346/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

10Sold (Last 12M)

Supply & Demand Matrix

NOORA RESIDENCE 1 averaged 10% 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

Studio

54 units

7 sold47 left

13%

Velocity

1 Bedroom

31 units

0 sold31 left

Velocity

2 Bedrooms

13 units

3 sold10 left

23%

Velocity

Shop

3 units

0 sold3 left

Velocity

Layouts & Units (101)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 406	Type Flat	Beds 2 B/R	Size 3,215 sqft	Avg Price AED 1.8M	Last Price AED 2.6M	Last Sold 2 months ago	Sales 2

Units 3 units	Type Flat	Beds Studio	Size 425 sqft	Avg Price AED 432K	Last Price AED 405K	Last Sold 4 months ago	Sales 6

Units 2 units	Type Flat	Beds 2 B/R	Size 1,185 sqft	Avg Price AED 947K	Last Price AED 930K	Last Sold 5 months ago	Sales 5

Units 6 units	Type Flat	Beds Studio	Size 364 sqft	Avg Price AED 401K	Last Price AED 412K	Last Sold 6 months ago	Sales 10

Units 9 units	Type Flat	Beds Studio	Size 396 sqft	Avg Price AED 390K	Last Price AED 410K	Last Sold 6 months ago	Sales 22

Units 402	Type Flat	Beds 2 B/R	Size 2,017 sqft	Avg Price AED 1.4M	Last Price AED 1.3M	Last Sold 8 months ago	Sales 3

Units 2 units	Type Flat	Beds Studio	Size 317 sqft	Avg Price AED 406K	Last Price AED 370K	Last Sold 10 months ago	Sales 4

Units 4 units	Type Flat	Beds Studio	Size 403 sqft	Avg Price AED 375K	Last Price AED 400K	Last Sold 12 months ago	Sales 7

Units G16	Type Flat	Beds 2 B/R	Size 1,786 sqft	Avg Price AED 908K	Last Price AED 1.2M	Last Sold about 1 year ago	Sales 3

Units 6 units	Type Flat	Beds Studio	Size 414 sqft	Avg Price AED 386K	Last Price AED 425K	Last Sold about 1 year ago	Sales 10

Units 104	Type Flat	Beds 1 B/R	Size 837 sqft	Avg Price AED 655K	Last Price AED 665K	Last Sold over 1 year ago	Sales 2

Units 7 units	Type Flat	Beds Studio	Size 400 sqft	Avg Price AED 407K	Last Price AED 440K	Last Sold over 1 year ago	Sales 13

Units 4 units	Type Flat	Beds Studio	Size 383 sqft	Avg Price AED 376K	Last Price AED 380K	Last Sold over 1 year ago	Sales 10

Units G03	Type Flat	Beds 1 B/R	Size 1,047 sqft	Avg Price AED 475K	Last Price AED 550K	Last Sold about 2 years ago	Sales 5

Units G11	Type Flat	Beds Studio	Size 518 sqft	Avg Price AED 470K	Last Price AED 415K	Last Sold over 2 years ago	Sales 2

Units 3 units	Type Flat	Beds 1 B/R	Size 812 sqft	Avg Price AED 506K	Last Price AED 430K	Last Sold about 3 years ago	Sales 9

Units 3 units	Type Flat	Beds Studio	Size 343 sqft	Avg Price AED 322K	Last Price AED 230K	Last Sold over 3 years ago	Sales 4

Units 313	Type Flat	Beds 2 B/R	Size 1,197 sqft	Avg Price AED 671K	Last Price AED 500K	Last Sold over 4 years ago	Sales 2

Units 3 units	Type Flat	Beds 1 B/R	Size 852 sqft	Avg Price AED 505K	Last Price AED 400K	Last Sold over 4 years ago	Sales 6

Units 405	Type Flat	Beds 2 B/R	Size 3,673 sqft	Avg Price AED 888K	Last Price AED 625K	Last Sold over 5 years ago	Sales 2

Units 3 units	Type Flat	Beds 1 B/R	Size 845 sqft	Avg Price AED 504K	Last Price AED 388K	Last Sold about 6 years ago	Sales 6

Units 3 units	Type Flat	Beds 1 B/R	Size 853 sqft	Avg Price AED 536K	Last Price AED 388K	Last Sold about 6 years ago	Sales 6

Units 3 units	Type Flat	Beds 1 B/R	Size 858 sqft	Avg Price AED 498K	Last Price AED 388K	Last Sold about 6 years ago	Sales 6

Units 408	Type Flat	Beds 1 B/R	Size 1,905 sqft	Avg Price AED 495K	Last Price AED 388K	Last Sold about 6 years ago	Sales 4

Units 409	Type Flat	Beds 2 B/R	Size 1,664 sqft	Avg Price AED 1.3M	Last Price AED 1.1M	Last Sold about 7 years ago	Sales 2

Units RT-01	Type Shop	Beds —	Size 667 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold about 8 years ago	Sales 1

Units RT-03	Type Shop	Beds —	Size 681 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold about 8 years ago	Sales 1

Units RT-02	Type Shop	Beds —	Size 693 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold about 8 years ago	Sales 1

Units 2 units	Type Flat	Beds Studio	Size 378 sqft	Avg Price AED 349K	Last Price AED 420K	Last Sold almost 9 years ago	Sales 2

Units 2 units	Type Flat	Beds 1 B/R	Size 1,210 sqft	Avg Price AED 748K	Last Price AED 869K	Last Sold over 9 years ago	Sales 2

Units G15	Type Flat	Beds 2 B/R	Size 1,810 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold over 9 years ago	Sales 1

Units G09	Type Flat	Beds Studio	Size 501 sqft	Avg Price AED 311K	Last Price AED 311K	Last Sold over 9 years ago	Sales 1

Units G01	Type Flat	Beds 2 B/R	Size 1,819 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold over 9 years ago	Sales 1

Units 3 units	Type Flat	Beds Studio	Size 411 sqft	Avg Price AED 399K	Last Price AED 460K	Last Sold almost 10 years ago	Sales 4

Units 225	Type Flat	Beds Studio	Size 433 sqft	Avg Price AED 286K	Last Price AED 286K	Last Sold almost 10 years ago	Sales 1

Units 105	Type Flat	Beds 1 B/R	Size 815 sqft	Avg Price AED 581K	Last Price AED 581K	Last Sold almost 10 years ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 899 sqft	Avg Price AED 713K	Last Price AED 643K	Last Sold almost 10 years ago	Sales 3

Units 401	Type Flat	Beds 1 B/R	Size 1,590 sqft	Avg Price AED 573K	Last Price AED 573K	Last Sold almost 10 years ago	Sales 1

Units 412	Type Flat	Beds 1 B/R	Size 1,613 sqft	Avg Price AED 570K	Last Price AED 570K	Last Sold almost 10 years ago	Sales 1

Units 403	Type Flat	Beds 1 B/R	Size 1,886 sqft	Avg Price AED 615K	Last Price AED 615K	Last Sold almost 10 years ago	Sales 1

Units G02	Type Flat	Beds 2 B/R	Size 1,895 sqft	Avg Price AED 950K	Last Price AED 950K	Last Sold almost 10 years ago	Sales 1

Units 404	Type Flat	Beds 2 B/R	Size 2,282 sqft	Avg Price AED 875K	Last Price AED 875K	Last Sold almost 10 years ago	Sales 1

Units 407	Type Flat	Beds 2 B/R	Size 2,745 sqft	Avg Price AED 905K	Last Price AED 905K	Last Sold almost 10 years ago	Sales 1

Units 411	Type Flat	Beds 1 B/R	Size 1,498 sqft	Avg Price AED 538K	Last Price AED 538K	Last Sold almost 10 years ago	Sales 1

Units G10	Type Flat	Beds Studio	Size 544 sqft	Avg Price AED 506K	Last Price AED 500K	Last Sold over 10 years ago	Sales 3

Units 112	Type Flat	Beds 1 B/R	Size 1,207 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold almost 11 years ago	Sales 1

Units 103	Type Flat	Beds 1 B/R	Size 821 sqft	Avg Price AED 707K	Last Price AED 603K	Last Sold almost 11 years ago	Sales 2

Units G12	Type Flat	Beds Studio	Size 526 sqft	Avg Price AED 480K	Last Price AED 480K	Last Sold about 11 years ago	Sales 1

Units G04	Type Flat	Beds 1 B/R	Size 696 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

49 unique layouts covering 101 units