AVANTI TOWER

Ready

DeveloperDAMAC STAR PROPERTIES (L L C)

CommunityBusiness Bay

AreaBusiness Bay

Started

11 years 5 months ago01-08-2014

Handover

7 years 1 month ago16-12-2018

Status

CompleteFinished

Project Description

Project consists of G+3P+12 building located in Business Bay area with building type as serviced apartment. It is designed to have a block work with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

-2%

Decline

Current:AED 1,357/sqft

Last 12M:AED 1,389/sqft

Momentum: Last 12Mvs Prior Year

Rising

+8%

Growth

Last 12M:AED 1,389/sqft

Prior Year:AED 1,284/sqft

Community Compare: Last 90DBusiness Bay

Discount

-46%

Below Avg

Project:AED 1,357/sqft

Community:AED 2,497/sqft

Liquidity: Last 12MExit Speed

Moderate

12%Turnover

20Sold (Last 12M)

Supply & Demand Matrix

AVANTI TOWER averaged 12% 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

62 units

7 sold55 left

11%

Velocity

1 Bedroom

65 units

8 sold57 left

12%

Velocity

2 Bedrooms

29 units

5 sold24 left

17%

Velocity

3 Bedrooms

2 units

0 sold2 left

Velocity

Shop

3 units

0 sold3 left

Velocity

Layouts & Units (161)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 3 units	Type Flat	Beds 2 B/R	Size 1,241 sqft	Avg Price AED 1.8M	Last Price AED 2.0M	Last Sold 9 days ago	Sales 2

Units 3 units	Type Flat	Beds Studio	Size 472 sqft	Avg Price AED 645K	Last Price AED 700K	Last Sold about 1 month ago	Sales 2

Units 4 units	Type Flat	Beds 1 B/R	Size 865 sqft	Avg Price AED 1.1M	Last Price AED 1.3M	Last Sold 2 months ago	Sales 2

Units 2 units	Type Flat	Beds 1 B/R	Size 901 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold 5 months ago	Sales 2

Units 7 units	Type Flat	Beds 1 B/R	Size 903 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 6 months ago	Sales 2

Units 5 units	Type Flat	Beds Studio	Size 384 sqft	Avg Price AED 629K	Last Price AED 720K	Last Sold 7 months ago	Sales 5

Units 8 units	Type Flat	Beds 1 B/R	Size 956 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 7 months ago	Sales 1

Units 2 units	Type Flat	Beds 2 B/R	Size 1,266 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold 8 months ago	Sales 1

Units 6 units	Type Flat	Beds Studio	Size 454 sqft	Avg Price AED 688K	Last Price AED 765K	Last Sold 8 months ago	Sales 2

Units 410	Type Hotel Apartment	Beds 1 B/R	Size 913 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 9 months ago	Sales 1

Units 7 units	Type Flat	Beds Studio	Size 543 sqft	Avg Price AED 663K	Last Price AED 750K	Last Sold 9 months ago	Sales 2

Units 10 units	Type Flat	Beds 1 B/R	Size 929 sqft	Avg Price AED 1.1M	Last Price AED 1.0M	Last Sold 10 months ago	Sales 3

Units 3 units	Type Flat	Beds 2 B/R	Size 1,300 sqft	Avg Price AED 1.5M	Last Price AED 1.7M	Last Sold 11 months ago	Sales 3

Units 3 units	Type Flat	Beds 1 B/R	Size 696 sqft	Avg Price AED 930K	Last Price AED 1.0M	Last Sold 11 months ago	Sales 3

Units 3 units	Type Flat	Beds 1 B/R	Size 882 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold 12 months ago	Sales 2

Units 3 units	Type Flat	Beds 2 B/R	Size 1,326 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold about 1 year ago	Sales 1

Units 402	Type Hotel Apartment	Beds 1 B/R	Size 894 sqft	Avg Price AED 1.2M	Last Price AED 1.1M	Last Sold about 1 year ago	Sales 3

Units 6 units	Type Flat	Beds 1 B/R	Size 883 sqft	Avg Price AED 1.2M	Last Price AED 1.5M	Last Sold over 1 year ago	Sales 2

Units 4 units	Type Flat	Beds 2 B/R	Size 1,234 sqft	Avg Price AED 1.5M	Last Price AED 1.4M	Last Sold over 1 year ago	Sales 2

Units 9 units	Type Flat	Beds Studio	Size 533 sqft	Avg Price AED 675K	Last Price AED 650K	Last Sold over 1 year ago	Sales 2

Units 4 units	Type Flat	Beds Studio	Size 532 sqft	Avg Price AED 648K	Last Price AED 648K	Last Sold over 1 year ago	Sales 1

Units 1108	Type Hotel Apartment	Beds 1 B/R	Size 929 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold over 1 year ago	Sales 1

Units 404	Type Flat	Beds 1 B/R	Size 1,089 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 1 year ago	Sales 1

Units 3 units	Type Flat	Beds Studio	Size 552 sqft	Avg Price AED 780K	Last Price AED 780K	Last Sold over 1 year ago	Sales 1

Units 4 units	Type Flat	Beds Studio	Size 565 sqft	Avg Price AED 675K	Last Price AED 675K	Last Sold over 1 year ago	Sales 1

Units 405A	Type Flat	Beds Studio	Size 553 sqft	Avg Price AED 700K	Last Price AED 700K	Last Sold almost 2 years ago	Sales 1

Units 2 units	Type Hotel Apartment	Beds 1 B/R	Size 695 sqft	Avg Price AED 890K	Last Price AED 890K	Last Sold over 2 years ago	Sales 1

Units 3 units	Type Hotel Apartment	Beds 1 B/R	Size 955 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 2 years ago	Sales 1

Units 4 units	Type Flat	Beds Studio	Size 512 sqft	Avg Price AED 614K	Last Price AED 612K	Last Sold over 2 years ago	Sales 2

Units 505	Type Hotel Apartment	Beds 2 B/R	Size 1,294 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold almost 3 years ago	Sales 1

Units 5 units	Type Flat	Beds Studio	Size 542 sqft	Avg Price AED 596K	Last Price AED 598K	Last Sold almost 3 years ago	Sales 3

Units 3 units	Type Flat	Beds Studio	Size 560 sqft	Avg Price AED 622K	Last Price AED 622K	Last Sold almost 3 years ago	Sales 1

Units 807	Type Flat	Beds 3 B/R	Size 1,691 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold over 4 years ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 682 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 861 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds 1 B/R	Size 883 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 892 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds 1 B/R	Size 907 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 408	Type Flat	Beds 1 B/R	Size 993 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,212 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,214 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 2 B/R	Size 1,290 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 805	Type Flat	Beds 2 B/R	Size 1,294 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1311	Type Hotel Apartment	Beds 2 B/R	Size 1,299 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1501	Type Flat	Beds 2 B/R	Size 1,328 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 401	Type Flat	Beds 2 B/R	Size 1,487 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 411	Type Flat	Beds 2 B/R	Size 1,572 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1507	Type Flat	Beds 3 B/R	Size 1,820 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds Studio	Size 384 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 407A	Type Hotel Apartment	Beds Studio	Size 459 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 464 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 907	Type Hotel Apartment	Beds Studio	Size 464 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 903	Type Hotel Apartment	Beds Studio	Size 540 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 506	Type Hotel Apartment	Beds Studio	Size 560 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 1	Type Shop	Beds —	Size 750 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 3	Type Shop	Beds —	Size 804 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 2	Type Shop	Beds —	Size 976 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

57 unique layouts covering 161 units