THE PAD

Ready

DeveloperPAD PROPERTIES NINE LIMITED

CommunityBusiness Bay

AreaBusiness Bay

Started

17 years 1 month ago17-12-2008

Handover

5 years 3 months ago14-10-2020

Status

CompleteFinished

Project Description

Freehold residential building in Business Bay. The project designed to be constructed as 3B+G+P+M+22 upper floors formed in a concrete structure with its internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+10%

Growth

Current:AED 2,147/sqft

Last 12M:AED 1,943/sqft

Momentum: Last 12Mvs Prior Year

Falling

-11%

Decline

Last 12M:AED 1,943/sqft

Prior Year:AED 2,179/sqft

Community Compare: Last 90DBusiness Bay

Discount

-14%

Below Avg

Project:AED 2,147/sqft

Community:AED 2,497/sqft

Liquidity: Last 12MExit Speed

Moderate

15%Turnover

41Sold (Last 12M)

Supply & Demand Matrix

THE PAD averaged 15% 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

1 Bedroom

200 units

35 sold165 left

18%

Velocity

2 Bedrooms

50 units

6 sold44 left

12%

Velocity

3 Bedrooms

3 units

0 sold3 left

Velocity

Shop

12 units

0 sold12 left

Velocity

Layouts & Units (265)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 81 units	Type Flat	Beds 1 B/R	Size 653 sqft	Avg Price AED 1.2M	Last Price AED 1.6M	Last Sold 7 days ago	Sales 94

Units 59 units	Type Flat	Beds 1 B/R	Size 667 sqft	Avg Price AED 991K	Last Price AED 30K	Last Sold 18 days ago	Sales 59

Units 38 units	Type Flat	Beds 2 B/R	Size 1,217 sqft	Avg Price AED 2.2M	Last Price AED 3.0M	Last Sold about 1 month ago	Sales 46

Units 2 units	Type Flat	Beds 1 B/R	Size 1,047 sqft	Avg Price AED 2.3M	Last Price AED 2.5M	Last Sold 2 months ago	Sales 3

Units 8 units	Type Flat	Beds 1 B/R	Size 520 sqft	Avg Price AED 1.1M	Last Price AED 1.3M	Last Sold 3 months ago	Sales 8

Units 21 units	Type Flat	Beds 1 B/R	Size 648 sqft	Avg Price AED 1.1M	Last Price AED 1.6M	Last Sold 3 months ago	Sales 22

Units P05	Type Flat	Beds 1 B/R	Size 1,136 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold 9 months ago	Sales 1

Units P02	Type Flat	Beds 1 B/R	Size 1,375 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold 10 months ago	Sales 1

Units P08	Type Flat	Beds 1 B/R	Size 833 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold about 1 year ago	Sales 1

Units P10	Type Flat	Beds 1 B/R	Size 945 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold about 1 year ago	Sales 1

Units P09	Type Flat	Beds 1 B/R	Size 956 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold about 1 year ago	Sales 1

Units P06	Type Flat	Beds 1 B/R	Size 1,191 sqft	Avg Price AED 2.6M	Last Price AED 2.6M	Last Sold about 1 year ago	Sales 1

Units 2207	Type Flat	Beds 2 B/R	Size 1,523 sqft	Avg Price AED 3.3M	Last Price AED 3.3M	Last Sold about 1 year ago	Sales 1

Units 2204	Type Flat	Beds 2 B/R	Size 1,587 sqft	Avg Price AED 3.4M	Last Price AED 3.4M	Last Sold about 1 year ago	Sales 1

Units 2104	Type Flat	Beds 2 B/R	Size 1,603 sqft	Avg Price AED 3.4M	Last Price AED 3.4M	Last Sold about 1 year ago	Sales 1

Units 2110	Type Flat	Beds 2 B/R	Size 1,609 sqft	Avg Price AED 3.5M	Last Price AED 3.5M	Last Sold about 1 year ago	Sales 1

Units 2209	Type Flat	Beds 2 B/R	Size 1,474 sqft	Avg Price AED 3.2M	Last Price AED 3.2M	Last Sold about 1 year ago	Sales 1

Units 308	Type Flat	Beds 1 B/R	Size 635 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold over 1 year ago	Sales 1

Units 5 units	Type Flat	Beds 1 B/R	Size 640 sqft	Avg Price AED 1.1M	Last Price AED 1.4M	Last Sold over 1 year ago	Sales 8

Units M10	Type Flat	Beds 1 B/R	Size 670 sqft	Avg Price AED 1.3M	Last Price AED 1.8M	Last Sold over 1 year ago	Sales 2

Units P07	Type Flat	Beds 1 B/R	Size 1,027 sqft	Avg Price AED 1.5M	Last Price AED 1.7M	Last Sold over 1 year ago	Sales 3

Units 3 units	Type Flat	Beds 1 B/R	Size 523 sqft	Avg Price AED 926K	Last Price AED 1.4M	Last Sold almost 2 years ago	Sales 5

Units 2 units	Type Flat	Beds 1 B/R	Size 1,340 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold about 2 years ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 1,303 sqft	Avg Price AED 1.5M	Last Price AED 1.6M	Last Sold almost 3 years ago	Sales 2

Units P01	Type Flat	Beds 2 B/R	Size 1,986 sqft	Avg Price AED 2.4M	Last Price AED 2.4M	Last Sold over 3 years ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 1,299 sqft	Avg Price AED 1.5M	Last Price AED 1.6M	Last Sold over 3 years ago	Sales 3

Units 2210	Type Flat	Beds 2 B/R	Size 1,492 sqft	Avg Price AED 2.4M	Last Price AED 1.6M	Last Sold over 4 years ago	Sales 2

Units 2 units	Type Flat	Beds 3 B/R	Size 2,499 sqft	Avg Price AED 5.8M	Last Price AED 5.8M	Last Sold almost 5 years ago	Sales 1

Units 2201	Type Flat	Beds 3 B/R	Size 2,444 sqft	Avg Price AED 5.7M	Last Price AED 5.7M	Last Sold almost 5 years ago	Sales 1

Units Shop 11	Type Shop	Beds —	Size 506 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Shop 12	Type Shop	Beds —	Size 538 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Shop 10	Type Shop	Beds —	Size 747 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Shop 9	Type Shop	Beds —	Size 841 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Shop 5	Type Shop	Beds —	Size 1,459 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Shop 8	Type Shop	Beds —	Size 1,591 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Shop 3	Type Shop	Beds —	Size 1,712 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Shop 2	Type Shop	Beds —	Size 1,720 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Shop 1	Type Shop	Beds —	Size 1,863 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Shop 6	Type Shop	Beds —	Size 1,894 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Shop 7	Type Shop	Beds —	Size 1,956 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units Shop 4	Type Shop	Beds —	Size 2,269 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 108	Type Flat	Beds 1 B/R	Size 646 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units P03	Type Flat	Beds 1 B/R	Size 1,139 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units P04	Type Flat	Beds 1 B/R	Size 1,148 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units M11	Type Flat	Beds 2 B/R	Size 1,191 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units M01	Type Flat	Beds 2 B/R	Size 1,193 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2107	Type Flat	Beds 2 B/R	Size 1,629 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units P11	Type Flat	Beds 2 B/R	Size 1,988 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2101	Type Flat	Beds 2 B/R	Size 2,443 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

49 unique layouts covering 265 units