SOBHA SAPPHIRE
ReadyDeveloperSOBHA VENTURES LIMITED
CommunityBusiness Bay
AreaBusiness Bay
Started
17 years 9 months ago01-04-2008
Handover
14 years 6 months ago29-06-2011
Status
CompleteFinished
Project Description
Freehold commercial tower development in Business Bay. The building is designed to be constructed as 3B+G+3P+16 formed in a concrete structure with its 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+14%
GrowthCurrent:AED 2,000/sqft
Last 12M:AED 1,756/sqft
Momentum: Last 12Mvs Prior Year
Rising+29%
GrowthLast 12M:AED 1,756/sqft
Prior Year:AED 1,366/sqft
Community Compare: Last 90DBusiness Bay
Discount-20%
Below AvgProject:AED 2,000/sqft
Community:AED 2,497/sqft
Liquidity: Last 12MExit Speed
Low5%Turnover
8Sold (Last 12M)
Supply & Demand Matrix
SOBHA SAPPHIRE averaged 5% 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
10 units
0 sold10 left
0%
Velocity
Office
162 units
8 sold154 left
5%
Velocity
Layouts & Units (172)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 10 units | Type Office | Beds — | Size 1,042 sqft | Avg Price AED 1.4M | Last Price AED 2.1M | Last Sold 24 days ago | Sales 15 |
Units 11 units | Type Office | Beds — | Size 1,110 sqft | Avg Price AED 1.6M | Last Price AED 2.6M | Last Sold about 2 months ago | Sales 17 |
Units 12 units | Type Office | Beds — | Size 1,097 sqft | Avg Price AED 1.6M | Last Price AED 2.3M | Last Sold 4 months ago | Sales 21 |
Units 2 units | Type Office | Beds — | Size 1,125 sqft | Avg Price AED 1.1M | Last Price AED 1.3M | Last Sold 9 months ago | Sales 5 |
Units 2 units | Type Office | Beds — | Size 853 sqft | Avg Price AED 1.1M | Last Price AED 1.7M | Last Sold 9 months ago | Sales 3 |
Units 2 units | Type Office | Beds — | Size 1,751 sqft | Avg Price AED 2.2M | Last Price AED 3.5M | Last Sold 9 months ago | Sales 3 |
Units 13 units | Type Office | Beds — | Size 1,893 sqft | Avg Price AED 2.3M | Last Price AED 2.0M | Last Sold 11 months ago | Sales 18 |
Units 104 | Type Office | Beds — | Size 1,685 sqft | Avg Price AED 2.1M | Last Price AED 2.4M | Last Sold about 1 year ago | Sales 2 |
Units 3 units | Type Office | Beds — | Size 1,728 sqft | Avg Price AED 1.6M | Last Price AED 2.2M | Last Sold about 1 year ago | Sales 7 |
Units 2 units | Type Office | Beds — | Size 2,059 sqft | Avg Price AED 2.1M | Last Price AED 2.7M | Last Sold over 1 year ago | Sales 4 |
Units 2 units | Type Office | Beds — | Size 2,035 sqft | Avg Price AED 2.1M | Last Price AED 2.7M | Last Sold over 1 year ago | Sales 3 |
Units 12 units | Type Office | Beds — | Size 1,136 sqft | Avg Price AED 1.2M | Last Price AED 1.5M | Last Sold over 1 year ago | Sales 26 |
Units 12 units | Type Office | Beds — | Size 1,019 sqft | Avg Price AED 1.3M | Last Price AED 1.4M | Last Sold over 1 year ago | Sales 18 |
Units 3 units | Type Office | Beds — | Size 1,064 sqft | Avg Price AED 1.6M | Last Price AED 1.4M | Last Sold over 1 year ago | Sales 5 |
Units 12 units | Type Office | Beds — | Size 1,148 sqft | Avg Price AED 1.3M | Last Price AED 1.5M | Last Sold over 1 year ago | Sales 20 |
Units 3 units | Type Office | Beds — | Size 1,563 sqft | Avg Price AED 2.7M | Last Price AED 2.1M | Last Sold over 1 year ago | Sales 5 |
Units 4 units | Type Office | Beds — | Size 1,035 sqft | Avg Price AED 1.4M | Last Price AED 1.5M | Last Sold over 1 year ago | Sales 5 |
Units 9 units | Type Office | Beds — | Size 1,055 sqft | Avg Price AED 1.0M | Last Price AED 1.0M | Last Sold almost 2 years ago | Sales 17 |
Units 10 units | Type Office | Beds — | Size 1,128 sqft | Avg Price AED 1.2M | Last Price AED 1.3M | Last Sold about 2 years ago | Sales 16 |
Units S03 | Type Shop | Beds — | Size 334 sqft | Avg Price AED 740K | Last Price AED 740K | Last Sold about 2 years ago | Sales 1 |
Units S02 | Type Shop | Beds — | Size 1,286 sqft | Avg Price AED 2.5M | Last Price AED 2.5M | Last Sold about 2 years ago | Sales 1 |
Units 3 units | Type Office | Beds — | Size 1,935 sqft | Avg Price AED 2.1M | Last Price AED 2.3M | Last Sold about 2 years ago | Sales 7 |
Units 502 | Type Office | Beds — | Size 3,285 sqft | Avg Price AED 3.9M | Last Price AED 6.3M | Last Sold about 2 years ago | Sales 2 |
Units S04 | Type Shop | Beds — | Size 113 sqft | Avg Price AED 250K | Last Price AED 250K | Last Sold about 2 years ago | Sales 1 |
Units S01 | Type Shop | Beds — | Size 845 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold about 2 years ago | Sales 1 |
Units 106 | Type Office | Beds — | Size 1,435 sqft | Avg Price AED 1.3M | Last Price AED 1.6M | Last Sold about 2 years ago | Sales 4 |
Units 2 units | Type Office | Beds — | Size 916 sqft | Avg Price AED 954K | Last Price AED 1.0M | Last Sold over 2 years ago | Sales 3 |
Units 11 units | Type Office | Beds — | Size 1,913 sqft | Avg Price AED 2.0M | Last Price AED 2.1M | Last Sold over 2 years ago | Sales 15 |
Units 2 units | Type Office | Beds — | Size 996 sqft | Avg Price AED 1.0M | Last Price AED 1.1M | Last Sold over 2 years ago | Sales 3 |
Units 2 units | Type Office | Beds — | Size 985 sqft | Avg Price AED 997K | Last Price AED 985K | Last Sold over 2 years ago | Sales 3 |
Units 2 units | Type Office | Beds — | Size 2,212 sqft | Avg Price AED 2.3M | Last Price AED 2.3M | Last Sold over 2 years ago | Sales 4 |
Units 2 units | Type Shop | Beds — | Size 1,458 sqft | Avg Price AED 3.4M | Last Price AED 3.4M | Last Sold over 8 years ago | Sales 2 |
Units S05 | Type Shop | Beds — | Size 1,176 sqft | Avg Price AED 2.8M | Last Price AED 2.8M | Last Sold over 8 years ago | Sales 1 |
Units 3 units | Type Office | Beds — | Size 1,405 sqft | Avg Price AED 1.2M | Last Price AED 1.4M | Last Sold over 8 years ago | Sales 4 |
Units 107 | Type Office | Beds — | Size 687 sqft | Avg Price AED 924K | Last Price AED 600K | Last Sold over 9 years ago | Sales 2 |
Units 102 | Type Office | Beds — | Size 1,387 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold over 11 years ago | Sales 1 |
Units 105 | Type Office | Beds — | Size 2,159 sqft | Avg Price AED 2.3M | Last Price AED 2.3M | Last Sold almost 12 years ago | Sales 1 |
Units 2 units | Type Office | Beds — | Size 971 sqft | Avg Price AED 984K | Last Price AED 1.0M | Last Sold almost 12 years ago | Sales 3 |
Units 2 units | Type Office | Beds — | Size 1,187 sqft | Avg Price AED 1.6M | Last Price AED 1.0M | Last Sold almost 13 years ago | Sales 2 |
Units 205 | Type Office | Beds — | Size 2,213 sqft | Avg Price AED 2.0M | Last Price AED 2.0M | Last Sold almost 13 years ago | Sales 1 |
Units 207 | Type Office | Beds — | Size 937 sqft | Avg Price AED 813K | Last Price AED 813K | Last Sold about 13 years ago | Sales 1 |
Units 1602 | Type Office | Beds — | Size 1,104 sqft | Avg Price AED 2.1M | Last Price AED 2.1M | Last Sold about 13 years ago | Sales 1 |
Units S09 | Type Shop | Beds — | Size 1,869 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units S10 | Type Shop | Beds — | Size 1,958 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units S08 | Type Shop | Beds — | Size 6,990 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
45 unique layouts covering 172 units