PRIME TOWER

Ready

DeveloperSIDRA LIMITED

CommunityBusiness Bay

AreaBusiness Bay

Started

18 years 1 month ago01-12-2007

Handover

11 years 2 months ago18-11-2014

Status

CompleteFinished

Project Description

Freehold commercial tower development in Dubai Business Bay. The building is designed and constructed as 3B+G+7P+29. The tower is being 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

+33%

Growth

Current:AED 3,546/sqft

Last 12M:AED 2,661/sqft

Momentum: Last 12Mvs Prior Year

Rising

+30%

Growth

Last 12M:AED 2,661/sqft

Prior Year:AED 2,046/sqft

Community Compare: Last 90DBusiness Bay

Premium

+42%

Above Avg

Project:AED 3,546/sqft

Community:AED 2,497/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

18Sold (Last 12M)

Supply & Demand Matrix

PRIME 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

3 units

0 sold3 left

Velocity

Office

203 units

18 sold185 left

Velocity

Layouts & Units (206)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 46 units	Type Office	Beds —	Size 1,154 sqft	Avg Price AED 1.6M	Last Price AED 3.6M	Last Sold 7 days ago	Sales 46

Units 51 units	Type Office	Beds —	Size 1,173 sqft	Avg Price AED 1.6M	Last Price AED 3.6M	Last Sold about 1 month ago	Sales 36

Units 39 units	Type Office	Beds —	Size 758 sqft	Avg Price AED 1.0M	Last Price AED 2.1M	Last Sold 4 months ago	Sales 32

Units 502	Type Office	Beds —	Size 863 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold 5 months ago	Sales 1

Units 2105	Type Office	Beds —	Size 752 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold 9 months ago	Sales 1

Units S03	Type Shop	Beds —	Size 3,668 sqft	Avg Price AED 9.0M	Last Price AED 9.0M	Last Sold about 1 year ago	Sales 1

Units 12 units	Type Office	Beds —	Size 1,158 sqft	Avg Price AED 1.3M	Last Price AED 1.5M	Last Sold over 1 year ago	Sales 8

Units 3 units	Type Office	Beds —	Size 1,912 sqft	Avg Price AED 3.5M	Last Price AED 5.2M	Last Sold over 1 year ago	Sales 2

Units 1209	Type Office	Beds —	Size 4,239 sqft	Avg Price AED 7.7M	Last Price AED 7.7M	Last Sold almost 2 years ago	Sales 1

Units 17 units	Type Office	Beds —	Size 755 sqft	Avg Price AED 834K	Last Price AED 1.8M	Last Sold almost 2 years ago	Sales 11

Units 6 units	Type Office	Beds —	Size 2,346 sqft	Avg Price AED 3.0M	Last Price AED 5.5M	Last Sold about 2 years ago	Sales 5

Units 2 units	Type Office	Beds —	Size 12,340 sqft	Avg Price AED 12.8M	Last Price AED 15.8M	Last Sold almost 3 years ago	Sales 3

Units 2 units	Type Office	Beds —	Size 9,956 sqft	Avg Price AED 8.1M	Last Price AED 8.1M	Last Sold almost 5 years ago	Sales 1

Units 501	Type Office	Beds —	Size 1,021 sqft	Avg Price AED 742K	Last Price AED 742K	Last Sold about 6 years ago	Sales 1

Units 3401	Type Office	Beds —	Size 1,842 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 9 years ago	Sales 1

Units S02	Type Shop	Beds —	Size 3,801 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S01	Type Shop	Beds —	Size 3,988 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 703	Type Office	Beds GYM	Size 2,934 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1608	Type Office	Beds —	Size 921 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2102	Type Office	Beds —	Size 1,918 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Office	Beds —	Size 1,931 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2801	Type Office	Beds —	Size 2,216 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 402	Type Office	Beds —	Size 2,766 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 401	Type Office	Beds —	Size 2,919 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 702	Type Office	Beds —	Size 2,935 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1009	Type Office	Beds —	Size 3,065 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2806	Type Office	Beds —	Size 3,085 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 701	Type Office	Beds —	Size 3,653 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3001	Type Office	Beds —	Size 4,837 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3002	Type Office	Beds —	Size 4,872 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3402	Type Office	Beds —	Size 7,034 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3301	Type Office	Beds —	Size 9,528 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2901	Type Office	Beds —	Size 11,396 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2701	Type Office	Beds —	Size 12,061 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2601	Type Office	Beds —	Size 12,218 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 704	Type Office	Beds —	Size 2,308 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

36 unique layouts covering 206 units