GRANDEUR RESIDENCES

Ready

DeveloperETA STAR PROPERTY DEVELOPERS L.L.C

CommunityPalm Jumeirah

AreaPalm Jumeirah

Started

19 years 10 months ago19-03-2006

Handover

13 years 6 months ago11-07-2012

Status

CompleteFinished

Project Description

Freehold residential buildings located in Palm Jumeirah. The building is designed to be B+G+5 storey, constructed out of concrete structure with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-12%

Decline

Current:AED 1,847/sqft

Last 12M:AED 2,089/sqft

Momentum: Last 12Mvs Prior Year

Stable

Growth

Last 12M:AED 2,089/sqft

Prior Year:AED 2,079/sqft

Community Compare: Last 90DPalm Jumeirah

Discount

-44%

Below Avg

Project:AED 1,847/sqft

Community:AED 3,306/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

22Sold (Last 12M)

Supply & Demand Matrix

GRANDEUR RESIDENCES averaged 9% 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

1 Bedroom

104 units

12 sold92 left

12%

Velocity

2 Bedrooms

101 units

8 sold93 left

Velocity

3 Bedrooms

24 units

1 sold23 left

Velocity

Shop

3 units

0 sold3 left

Velocity

Layouts & Units (232)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 16 units	Type Flat	Beds 1 B/R	Size 1,101 sqft	Avg Price AED 1.9M	Last Price AED 2.0M	Last Sold about 1 month ago	Sales 26

Units 40 units	Type Flat	Beds 1 B/R	Size 1,118 sqft	Avg Price AED 2.0M	Last Price AED 2.2M	Last Sold about 1 month ago	Sales 64

Units 2 units	Type Flat	Beds 2 B/R	Size 3,772 sqft	Avg Price AED 6.0M	Last Price AED 7.5M	Last Sold about 2 months ago	Sales 2

Units 17 units	Type Flat	Beds 1 B/R	Size 1,117 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold 2 months ago	Sales 28

Units 3 units	Type Flat	Beds 2 B/R	Size 1,685 sqft	Avg Price AED 3.1M	Last Price AED 3.8M	Last Sold 5 months ago	Sales 4

Units 4 units	Type Flat	Beds 1 B/R	Size 1,208 sqft	Avg Price AED 2.1M	Last Price AED 2.4M	Last Sold 6 months ago	Sales 4

Units 8 units	Type Flat	Beds 2 B/R	Size 2,038 sqft	Avg Price AED 3.4M	Last Price AED 4.2M	Last Sold 9 months ago	Sales 18

Units 8 units	Type Flat	Beds 3 B/R	Size 2,564 sqft	Avg Price AED 4.0M	Last Price AED 5.0M	Last Sold 9 months ago	Sales 17

Units 4 units	Type Flat	Beds 2 B/R	Size 2,510 sqft	Avg Price AED 3.4M	Last Price AED 4.1M	Last Sold 9 months ago	Sales 5

Units 8 units	Type Flat	Beds 1 B/R	Size 1,109 sqft	Avg Price AED 1.9M	Last Price AED 2.2M	Last Sold 9 months ago	Sales 15

Units 7 units	Type Flat	Beds 2 B/R	Size 1,767 sqft	Avg Price AED 3.1M	Last Price AED 4.4M	Last Sold 11 months ago	Sales 10

Units 4 units	Type Flat	Beds 2 B/R	Size 1,856 sqft	Avg Price AED 3.7M	Last Price AED 4.8M	Last Sold 12 months ago	Sales 9

Units 4 units	Type Flat	Beds 1 B/R	Size 1,096 sqft	Avg Price AED 1.8M	Last Price AED 2.1M	Last Sold 12 months ago	Sales 5

Units 4 units	Type Flat	Beds 2 B/R	Size 2,024 sqft	Avg Price AED 3.3M	Last Price AED 5.2M	Last Sold 12 months ago	Sales 5

Units 4 units	Type Flat	Beds 2 B/R	Size 1,865 sqft	Avg Price AED 3.1M	Last Price AED 3.9M	Last Sold about 1 year ago	Sales 6

Units 3 units	Type Flat	Beds 3 B/R	Size 7,700 sqft	Avg Price AED 9.5M	Last Price AED 11.7M	Last Sold about 1 year ago	Sales 5

Units A-G07	Type Flat	Beds 1 B/R	Size 914 sqft	Avg Price AED 2.9M	Last Price AED 2.0M	Last Sold over 1 year ago	Sales 2

Units 24 units	Type Flat	Beds 2 B/R	Size 1,753 sqft	Avg Price AED 2.9M	Last Price AED 3.7M	Last Sold over 1 year ago	Sales 39

Units A-G03	Type Flat	Beds 2 B/R	Size 4,943 sqft	Avg Price AED 6.6M	Last Price AED 7.7M	Last Sold over 1 year ago	Sales 2

Units B-104	Type Flat	Beds 2 B/R	Size 1,678 sqft	Avg Price AED 3.0M	Last Price AED 3.6M	Last Sold over 1 year ago	Sales 5

Units 2 units	Type Flat	Beds 1 B/R	Size 801 sqft	Avg Price AED 1.4M	Last Price AED 2.0M	Last Sold almost 2 years ago	Sales 8

Units 4 units	Type Flat	Beds 2 B/R	Size 2,054 sqft	Avg Price AED 3.6M	Last Price AED 4.8M	Last Sold almost 2 years ago	Sales 5

Units 4 units	Type Flat	Beds 3 B/R	Size 5,395 sqft	Avg Price AED 8.0M	Last Price AED 9.1M	Last Sold almost 2 years ago	Sales 9

Units 4 units	Type Flat	Beds 1 B/R	Size 1,143 sqft	Avg Price AED 1.9M	Last Price AED 2.5M	Last Sold almost 2 years ago	Sales 6

Units C-107	Type Flat	Beds 1 B/R	Size 1,123 sqft	Avg Price AED 2.9M	Last Price AED 2.9M	Last Sold almost 2 years ago	Sales 1

Units 2 units	Type Flat	Beds 2 B/R	Size 3,947 sqft	Avg Price AED 3.6M	Last Price AED 3.5M	Last Sold over 2 years ago	Sales 3

Units 2 units	Type Flat	Beds 2 B/R	Size 2,196 sqft	Avg Price AED 3.1M	Last Price AED 3.1M	Last Sold over 2 years ago	Sales 5

Units B-G05	Type Flat	Beds 1 B/R	Size 986 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold over 2 years ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 1,536 sqft	Avg Price AED 2.0M	Last Price AED 2.3M	Last Sold almost 3 years ago	Sales 2

Units B-G04	Type Flat	Beds 2 B/R	Size 2,469 sqft	Avg Price AED 3.3M	Last Price AED 3.1M	Last Sold almost 3 years ago	Sales 2

Units 8 units	Type Flat	Beds 3 B/R	Size 3,725 sqft	Avg Price AED 4.7M	Last Price AED 4.5M	Last Sold almost 3 years ago	Sales 15

Units C-G05	Type Flat	Beds 2 B/R	Size 2,370 sqft	Avg Price AED 2.6M	Last Price AED 2.8M	Last Sold almost 3 years ago	Sales 5

Units A-502	Type Flat	Beds 3 B/R	Size 10,368 sqft	Avg Price AED 11.2M	Last Price AED 11.2M	Last Sold over 3 years ago	Sales 1

Units 4 units	Type Flat	Beds 2 B/R	Size 2,480 sqft	Avg Price AED 3.2M	Last Price AED 3.0M	Last Sold over 3 years ago	Sales 5

Units A-G05	Type Flat	Beds 2 B/R	Size 2,204 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold over 3 years ago	Sales 1

Units 2 units	Type Flat	Beds 2 B/R	Size 2,436 sqft	Avg Price AED 2.6M	Last Price AED 2.3M	Last Sold about 4 years ago	Sales 4

Units C-G05	Type Flat	Beds 2 B/R	Size 2,520 sqft	Avg Price AED 2.4M	Last Price AED 2.3M	Last Sold about 4 years ago	Sales 3

Units 2 units	Type Flat	Beds 2 B/R	Size 2,388 sqft	Avg Price AED 3.1M	Last Price AED 2.5M	Last Sold over 4 years ago	Sales 3

Units B-G02	Type Flat	Beds 1 B/R	Size 1,543 sqft	Avg Price AED 1.7M	Last Price AED 1.1M	Last Sold over 6 years ago	Sales 2

Units A-503	Type Flat	Beds 1 B/R	Size 1,104 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold about 8 years ago	Sales 1

Units 4 units	Type Flat	Beds 2 B/R	Size 1,817 sqft	Avg Price AED 3.1M	Last Price AED 2.7M	Last Sold almost 9 years ago	Sales 5

Units 4 units	Type Flat	Beds 2 B/R	Size 1,648 sqft	Avg Price AED 2.3M	Last Price AED 2.5M	Last Sold over 9 years ago	Sales 2

Units 4 units	Type Flat	Beds 2 B/R	Size 1,787 sqft	Avg Price AED 2.6M	Last Price AED 2.6M	Last Sold over 10 years ago	Sales 1

Units A-G04	Type Flat	Beds 2 B/R	Size 4,370 sqft	Avg Price AED 3.9M	Last Price AED 3.9M	Last Sold almost 11 years ago	Sales 3

Units C-G07	Type Flat	Beds 1 B/R	Size 1,028 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold about 11 years ago	Sales 1

Units B-G05	Type Flat	Beds 2 B/R	Size 2,018 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold over 11 years ago	Sales 1

Units A-G04	Type Flat	Beds 2 B/R	Size 3,601 sqft	Avg Price AED 4.4M	Last Price AED 4.4M	Last Sold over 11 years ago	Sales 1

Units A-G03	Type Flat	Beds 2 B/R	Size 3,884 sqft	Avg Price AED 4.7M	Last Price AED 5.0M	Last Sold over 11 years ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 3,798 sqft	Avg Price AED 4.2M	Last Price AED 4.0M	Last Sold almost 12 years ago	Sales 2

Units R01	Type Shop	Beds —	Size 447 sqft	Avg Price AED 1.3M	Last Price AED 1.7M	Last Sold almost 12 years ago	Sales 2

Units R02	Type Shop	Beds —	Size 892 sqft	Avg Price AED 2.7M	Last Price AED 3.5M	Last Sold almost 12 years ago	Sales 2

Units R03	Type Shop	Beds —	Size 470 sqft	Avg Price AED 1.4M	Last Price AED 1.8M	Last Sold almost 12 years ago	Sales 2

Units B-G06	Type Flat	Beds 1 B/R	Size 723 sqft	Avg Price AED 1.5M	Last Price AED 1.3M	Last Sold over 12 years ago	Sales 2

Units B-G03	Type Flat	Beds 2 B/R	Size 2,498 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

54 unique layouts covering 232 units