WESTBURRY TOWER
ReadyCommunityBusiness Bay
AreaBusiness Bay
Started
17 years 7 months ago15-06-2008
Handover
11 years 1 month ago01-12-2014
Status
CompleteFinished
Project Description
Freehold commercial tower development in Dubai Business Bay. The building is designed as 6B+G+3P+34+Mech. The tower is designed to be constructed out of concrete structure and block with internal and external finishes. The office units will be handed over as ?core and shell? to be individually fitted by their respective owners.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Rising+26%
GrowthCurrent:AED 2,789/sqft
Last 12M:AED 2,214/sqft
Momentum: Last 12Mvs Prior Year
Rising+57%
GrowthLast 12M:AED 2,214/sqft
Prior Year:AED 1,408/sqft
Community Compare: Last 90DBusiness Bay
Premium+12%
Above AvgProject:AED 2,789/sqft
Community:AED 2,497/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
26Sold (Last 12M)
Supply & Demand Matrix
WESTBURRY TOWER 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
Shop
6 units
2 sold4 left
33%
Velocity
Office
274 units
24 sold250 left
9%
Velocity
Layouts & Units (280)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 60 units | Type Office | Beds — | Size 1,018 sqft | Avg Price AED 1.2M | Last Price AED 2.0M | Last Sold 29 days ago | Sales 61 |
Units S-04 | Type Shop | Beds — | Size 735 sqft | Avg Price AED 2.8M | Last Price AED 4.0M | Last Sold about 1 month ago | Sales 2 |
Units S-02 | Type Shop | Beds — | Size 4,087 sqft | Avg Price AED 16.4M | Last Price AED 16.4M | Last Sold about 1 month ago | Sales 1 |
Units 48 units | Type Office | Beds — | Size 1,340 sqft | Avg Price AED 1.5M | Last Price AED 3.1M | Last Sold about 1 month ago | Sales 39 |
Units 26 units | Type Office | Beds — | Size 1,180 sqft | Avg Price AED 1.3M | Last Price AED 2.7M | Last Sold 3 months ago | Sales 21 |
Units 7 units | Type Office | Beds — | Size 1,448 sqft | Avg Price AED 1.4M | Last Price AED 2.3M | Last Sold 4 months ago | Sales 4 |
Units 26 units | Type Office | Beds — | Size 1,152 sqft | Avg Price AED 1.3M | Last Price AED 2.2M | Last Sold 6 months ago | Sales 18 |
Units 63 units | Type Office | Beds — | Size 1,454 sqft | Avg Price AED 1.5M | Last Price AED 2.3M | Last Sold 6 months ago | Sales 67 |
Units 3 units | Type Office | Beds — | Size 1,345 sqft | Avg Price AED 1.3M | Last Price AED 2.2M | Last Sold 6 months ago | Sales 5 |
Units 25 units | Type Office | Beds — | Size 1,489 sqft | Avg Price AED 1.6M | Last Price AED 5.3M | Last Sold 8 months ago | Sales 26 |
Units 2 units | Type Office | Beds — | Size 1,240 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold about 1 year ago | Sales 2 |
Units 2 units | Type Office | Beds — | Size 863 sqft | Avg Price AED 628K | Last Price AED 615K | Last Sold over 3 years ago | Sales 2 |
Units 2 units | Type Shop | Beds — | Size 951 sqft | Avg Price AED 2.0M | Last Price AED 1.6M | Last Sold about 4 years ago | Sales 6 |
Units 3102 | Type Office | Beds — | Size 1,459 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold about 5 years ago | Sales 1 |
Units 3101 | Type Office | Beds — | Size 1,466 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold about 5 years ago | Sales 1 |
Units 3103 | Type Office | Beds — | Size 1,469 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold about 5 years ago | Sales 1 |
Units 8 units | Type Office | Beds — | Size 1,692 sqft | Avg Price AED 1.2M | Last Price AED 1.1M | Last Sold almost 7 years ago | Sales 4 |
Units 3202 | Type Office | Beds — | Size 1,446 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold about 8 years ago | Sales 1 |
Units S-03 | Type Shop | Beds — | Size 1,841 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units S-01 | Type Shop | Beds — | Size 2,434 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
20 unique layouts covering 280 units