WEST AVENUE
ReadyDeveloperWEST AVENUE LIMITED
CommunityDubai Marina
AreaMarsa Dubai
Started
15 years 6 months ago27-06-2010
Handover
11 years 7 months ago04-06-2014
Status
CompleteFinished
Project Description
Freehold commercial and residential tower located in Dubai Marina. The tower consists of 2B+G+3P+28. The building is formed in a concrete structure with its external and internal finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Falling-23%
DeclineCurrent:AED 1,123/sqft
Last 12M:AED 1,458/sqft
Momentum: Last 12Mvs Prior Year
Falling-24%
DeclineLast 12M:AED 1,458/sqft
Prior Year:AED 1,911/sqft
Community Compare: Last 90DDubai Marina
Discount-39%
Below AvgProject:AED 1,123/sqft
Community:AED 1,848/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
30Sold (Last 12M)
Supply & Demand Matrix
WEST AVENUE 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
Studio
21 units
2 sold19 left
10%
Velocity
1 Bedroom
150 units
15 sold135 left
10%
Velocity
2 Bedrooms
96 units
13 sold83 left
14%
Velocity
4 Bedrooms
4 units
0 sold4 left
0%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Layouts & Units (277)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 9 units | Type Flat | Beds 2 B/R | Size 1,336 sqft | Avg Price AED 2.4M | Last Price AED 2.8M | Last Sold 8 days ago | Sales 14 |
Units 205 | Type Flat | Beds 1 B/R | Size 724 sqft | Avg Price AED 643K | Last Price AED 71K | Last Sold 11 days ago | Sales 4 |
Units 29 units | Type Flat | Beds 2 B/R | Size 1,237 sqft | Avg Price AED 1.8M | Last Price AED 83K | Last Sold 15 days ago | Sales 48 |
Units 59 units | Type Flat | Beds 1 B/R | Size 721 sqft | Avg Price AED 1.3M | Last Price AED 58K | Last Sold 17 days ago | Sales 113 |
Units 21 units | Type Flat | Beds 1 B/R | Size 713 sqft | Avg Price AED 1.2M | Last Price AED 1.4M | Last Sold about 1 month ago | Sales 37 |
Units 21 units | Type Flat | Beds Studio | Size 443 sqft | Avg Price AED 864K | Last Price AED 1.1M | Last Sold about 2 months ago | Sales 35 |
Units 101 | Type Flat | Beds 1 B/R | Size 824 sqft | Avg Price AED 1.2M | Last Price AED 1.3M | Last Sold 4 months ago | Sales 3 |
Units 21 units | Type Flat | Beds 2 B/R | Size 1,331 sqft | Avg Price AED 2.2M | Last Price AED 2.5M | Last Sold 4 months ago | Sales 30 |
Units 2 units | Type Flat | Beds 1 B/R | Size 808 sqft | Avg Price AED 1.2M | Last Price AED 1.4M | Last Sold 5 months ago | Sales 5 |
Units 21 units | Type Flat | Beds 1 B/R | Size 789 sqft | Avg Price AED 1.3M | Last Price AED 1.6M | Last Sold 6 months ago | Sales 42 |
Units 29 units | Type Flat | Beds 2 B/R | Size 1,258 sqft | Avg Price AED 2.1M | Last Price AED 2.1M | Last Sold 8 months ago | Sales 52 |
Units 29 units | Type Flat | Beds 1 B/R | Size 700 sqft | Avg Price AED 1.2M | Last Price AED 1.6M | Last Sold about 1 year ago | Sales 48 |
Units 8 units | Type Flat | Beds 1 B/R | Size 705 sqft | Avg Price AED 1.3M | Last Price AED 1.6M | Last Sold over 1 year ago | Sales 16 |
Units 207 | Type Flat | Beds 1 B/R | Size 1,079 sqft | Avg Price AED 1.5M | Last Price AED 1.3M | Last Sold over 1 year ago | Sales 2 |
Units R05 | Type Shop | Beds — | Size 1,788 sqft | Avg Price AED 4.9M | Last Price AED 5.2M | Last Sold over 1 year ago | Sales 2 |
Units 201 | Type Flat | Beds 1 B/R | Size 817 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold about 2 years ago | Sales 2 |
Units 2 units | Type Flat | Beds 1 B/R | Size 738 sqft | Avg Price AED 1.1M | Last Price AED 1.2M | Last Sold over 2 years ago | Sales 6 |
Units 202 | Type Flat | Beds 1 B/R | Size 820 sqft | Avg Price AED 1.2M | Last Price AED 1.3M | Last Sold over 2 years ago | Sales 2 |
Units 2 units | Type Flat | Beds 1 B/R | Size 895 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold over 2 years ago | Sales 4 |
Units 105 | Type Flat | Beds 1 B/R | Size 735 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold over 2 years ago | Sales 2 |
Units 8 units | Type Flat | Beds 2 B/R | Size 1,243 sqft | Avg Price AED 2.1M | Last Price AED 1.4M | Last Sold over 6 years ago | Sales 15 |
Units R04 | Type Shop | Beds — | Size 1,805 sqft | Avg Price AED 3.5M | Last Price AED 2.5M | Last Sold almost 7 years ago | Sales 2 |
Units R02 | Type Shop | Beds — | Size 1,249 sqft | Avg Price AED 4.8M | Last Price AED 6.5M | Last Sold about 9 years ago | Sales 2 |
Units 2 units | Type Flat | Beds 4 B/R | Size 4,221 sqft | Avg Price AED 8.8M | Last Price AED 9.5M | Last Sold almost 10 years ago | Sales 3 |
Units 2 units | Type Flat | Beds 4 B/R | Size 4,062 sqft | Avg Price AED 7.2M | Last Price AED 7.2M | Last Sold about 11 years ago | Sales 2 |
Units R01 | Type Shop | Beds — | Size 1,258 sqft | Avg Price AED 3.8M | Last Price AED 3.8M | Last Sold about 11 years ago | Sales 1 |
Units R03B | Type Shop | Beds — | Size 1,690 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R03A | Type Shop | Beds — | Size 656 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
28 unique layouts covering 277 units