The typical unit in Velos Residence sold for
AED 1.23M
AED 2,107/sqft·from 52 recorded sales·Motor City
Median price over timeMotor City - Velos Residence - all sizes
No trend data.
Price per sqftiThe range of price per square foot from recent sales in this selection. The shaded band covers the middle 80% of sales (10th to 90th percentile); the marker is the median — half of sales were below it. The two ends are the cheapest and priciest 5%.range of recent sales
median AED 2,107
1,7111,783 · p102,599 · p902,846
How Velos Residence compares in Motor City
Top-dollar and illiquid — Motor City's priciest tier, and slow to trade.
- 32% aboveSells at AED 2,107/sqft vs the Motor City median of AED 1,600/sqft.
- below average52 recorded sales vs ~94 for the typical established Motor City project.
Typical price by sizeMotor City - Velos Residence - 0 sizes
| Size | Sales | Median price | Median/sqft | Avg size |
|---|
About Velos Residence in Motor City
Units in Velos Residence sold for a median of AED 1.23M (AED 2,107/sqft), from 52 recorded sales. Most sold for AED 1,783/sqft to AED 2,599/sqft.
Across all recorded sales, Velos Residence has a median of AED 2,107/sqft, 32% above the Motor City median of AED 1,600/sqft, placing it at the pricier end of the area. With 52 registered sales, it has changed hands less often than the typical established Motor City project (~94 sales), so its resale market is comparatively thin.