SILVER TOWER
ReadyDeveloperTAMEER HOLDING INVESTMENT (LLC)
CommunityBusiness Bay
AreaBusiness Bay
Started
18 years 1 month ago03-12-2007
Handover
14 years 5 months ago01-08-2011
Status
CompleteFinished
Project Description
Freehold commercial tower development located in Business Bay. The building is designed and constructed as a 31 storey high tower with 2 basements formed in a concrete structure with gray glass and silver aluminum exterior. It will consist of 266 units/offices The office units will be handed over as ?shell and core? to be individually fitted by their respective owners.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Falling-6%
DeclineCurrent:AED 1,269/sqft
Last 12M:AED 1,345/sqft
Momentum: Last 12Mvs Prior Year
Rising+19%
GrowthLast 12M:AED 1,345/sqft
Prior Year:AED 1,133/sqft
Community Compare: Last 90DBusiness Bay
Discount-49%
Below AvgProject:AED 1,269/sqft
Community:AED 2,497/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
23Sold (Last 12M)
Supply & Demand Matrix
SILVER 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
5 units
1 sold4 left
20%
Velocity
Office
260 units
22 sold238 left
8%
Velocity
Layouts & Units (265)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 505 | Type Shop | Beds — | Size 2,213 sqft | Avg Price AED 1.9M | Last Price AED 2.7M | Last Sold about 2 months ago | Sales 2 |
Units 11 units | Type Office | Beds — | Size 936 sqft | Avg Price AED 1.2M | Last Price AED 1.3M | Last Sold 3 months ago | Sales 21 |
Units 9 units | Type Office | Beds — | Size 1,116 sqft | Avg Price AED 1.1M | Last Price AED 1.4M | Last Sold 3 months ago | Sales 21 |
Units 10 units | Type Office | Beds — | Size 1,015 sqft | Avg Price AED 1.2M | Last Price AED 1.4M | Last Sold 3 months ago | Sales 19 |
Units 15 units | Type Office | Beds — | Size 1,148 sqft | Avg Price AED 1.5M | Last Price AED 1.6M | Last Sold 4 months ago | Sales 31 |
Units 10 units | Type Office | Beds — | Size 1,019 sqft | Avg Price AED 1.2M | Last Price AED 1.5M | Last Sold 5 months ago | Sales 20 |
Units 7 units | Type Office | Beds — | Size 961 sqft | Avg Price AED 947K | Last Price AED 1.5M | Last Sold 7 months ago | Sales 16 |
Units 12 units | Type Office | Beds — | Size 1,052 sqft | Avg Price AED 1.3M | Last Price AED 1.4M | Last Sold 7 months ago | Sales 18 |
Units 10 units | Type Office | Beds — | Size 1,027 sqft | Avg Price AED 1.2M | Last Price AED 1.6M | Last Sold 7 months ago | Sales 18 |
Units 2710 | Type Office | Beds — | Size 912 sqft | Avg Price AED 1.0M | Last Price AED 1.0M | Last Sold 10 months ago | Sales 3 |
Units 4 units | Type Office | Beds — | Size 1,160 sqft | Avg Price AED 1.4M | Last Price AED 1.5M | Last Sold 10 months ago | Sales 9 |
Units 12 units | Type Office | Beds — | Size 1,121 sqft | Avg Price AED 1.2M | Last Price AED 1.6M | Last Sold 10 months ago | Sales 23 |
Units 5 units | Type Office | Beds — | Size 951 sqft | Avg Price AED 1.1M | Last Price AED 1.2M | Last Sold 11 months ago | Sales 9 |
Units 6 units | Type Office | Beds — | Size 1,036 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold 11 months ago | Sales 8 |
Units 5 units | Type Office | Beds — | Size 1,044 sqft | Avg Price AED 1.1M | Last Price AED 1.3M | Last Sold 11 months ago | Sales 13 |
Units 5 units | Type Office | Beds — | Size 1,058 sqft | Avg Price AED 834K | Last Price AED 1.3M | Last Sold 11 months ago | Sales 8 |
Units 19 units | Type Office | Beds — | Size 1,123 sqft | Avg Price AED 1.2M | Last Price AED 1.4M | Last Sold 11 months ago | Sales 36 |
Units 9 units | Type Office | Beds — | Size 1,131 sqft | Avg Price AED 1.3M | Last Price AED 1.4M | Last Sold 11 months ago | Sales 16 |
Units 2304 | Type Office | Beds — | Size 1,157 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold 11 months ago | Sales 1 |
Units 5 units | Type Office | Beds — | Size 963 sqft | Avg Price AED 1.1M | Last Price AED 1.3M | Last Sold over 1 year ago | Sales 10 |
Units 19 units | Type Office | Beds — | Size 1,055 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold over 1 year ago | Sales 38 |
Units 7 units | Type Office | Beds — | Size 938 sqft | Avg Price AED 1.1M | Last Price AED 1.3M | Last Sold over 1 year ago | Sales 12 |
Units 2 units | Type Office | Beds — | Size 667 sqft | Avg Price AED 1.3M | Last Price AED 901K | Last Sold over 1 year ago | Sales 3 |
Units 2 units | Type Office | Beds — | Size 1,139 sqft | Avg Price AED 1.5M | Last Price AED 1.4M | Last Sold almost 2 years ago | Sales 3 |
Units 8 units | Type Office | Beds — | Size 1,110 sqft | Avg Price AED 1.5M | Last Price AED 1.2M | Last Sold about 2 years ago | Sales 13 |
Units 3 units | Type Office | Beds — | Size 1,147 sqft | Avg Price AED 1.0M | Last Price AED 1.2M | Last Sold about 2 years ago | Sales 6 |
Units 5 units | Type Office | Beds — | Size 907 sqft | Avg Price AED 931K | Last Price AED 806K | Last Sold over 2 years ago | Sales 10 |
Units 2 units | Type Office | Beds — | Size 1,031 sqft | Avg Price AED 1.1M | Last Price AED 493K | Last Sold almost 3 years ago | Sales 2 |
Units 3 units | Type Office | Beds — | Size 1,087 sqft | Avg Price AED 1.1M | Last Price AED 519K | Last Sold almost 3 years ago | Sales 5 |
Units 6 units | Type Office | Beds — | Size 1,011 sqft | Avg Price AED 1.0M | Last Price AED 763K | Last Sold over 3 years ago | Sales 9 |
Units 6 units | Type Office | Beds — | Size 1,105 sqft | Avg Price AED 1.1M | Last Price AED 837K | Last Sold over 3 years ago | Sales 12 |
Units GF-02 | Type Shop | Beds — | Size 1,537 sqft | Avg Price AED 1.5M | Last Price AED 1.4M | Last Sold over 4 years ago | Sales 2 |
Units 10 units | Type Office | Beds — | Size 956 sqft | Avg Price AED 1.5M | Last Price AED 579K | Last Sold over 4 years ago | Sales 14 |
Units 2507 | Type Office | Beds — | Size 1,088 sqft | Avg Price AED 858K | Last Price AED 635K | Last Sold over 4 years ago | Sales 4 |
Units GF-04 | Type Shop | Beds — | Size 3,748 sqft | Avg Price AED 4.8M | Last Price AED 5.8M | Last Sold about 6 years ago | Sales 2 |
Units 6 units | Type Office | Beds — | Size 1,004 sqft | Avg Price AED 1.7M | Last Price AED 800K | Last Sold over 7 years ago | Sales 7 |
Units 502 | Type Office | Beds — | Size 1,064 sqft | Avg Price AED 1.2M | Last Price AED 700K | Last Sold over 7 years ago | Sales 2 |
Units 2 units | Type Office | Beds — | Size 915 sqft | Avg Price AED 1.3M | Last Price AED 868K | Last Sold over 8 years ago | Sales 2 |
Units 2 units | Type Office | Beds — | Size 759 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold almost 12 years ago | Sales 2 |
Units 2903 | Type Office | Beds — | Size 815 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold almost 12 years ago | Sales 1 |
Units 2906 | Type Office | Beds — | Size 659 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold almost 12 years ago | Sales 1 |
Units 2904 | Type Office | Beds — | Size 714 sqft | Avg Price AED 1.5M | Last Price AED 1.5M | Last Sold almost 12 years ago | Sales 1 |
Units 3104 | Type Office | Beds — | Size 719 sqft | Avg Price AED 1.5M | Last Price AED 1.5M | Last Sold almost 12 years ago | Sales 1 |
Units 3004 | Type Office | Beds — | Size 725 sqft | Avg Price AED 1.5M | Last Price AED 1.5M | Last Sold almost 12 years ago | Sales 1 |
Units 3001 | Type Office | Beds — | Size 764 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold almost 12 years ago | Sales 1 |
Units 3101 | Type Office | Beds — | Size 769 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold almost 12 years ago | Sales 1 |
Units 2 units | Type Office | Beds — | Size 779 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold almost 12 years ago | Sales 2 |
Units 2 units | Type Office | Beds — | Size 820 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold almost 12 years ago | Sales 2 |
Units 3107 | Type Office | Beds — | Size 827 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold almost 12 years ago | Sales 1 |
Units 3103 | Type Office | Beds — | Size 830 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold almost 12 years ago | Sales 1 |
Units 3007 | Type Office | Beds — | Size 837 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold almost 12 years ago | Sales 1 |
Units 3005 | Type Office | Beds — | Size 983 sqft | Avg Price AED 2.3M | Last Price AED 2.3M | Last Sold almost 12 years ago | Sales 1 |
Units 3105 | Type Office | Beds — | Size 989 sqft | Avg Price AED 2.3M | Last Price AED 2.3M | Last Sold almost 12 years ago | Sales 1 |
Units 2905 | Type Office | Beds — | Size 1,001 sqft | Avg Price AED 2.3M | Last Price AED 2.3M | Last Sold almost 12 years ago | Sales 1 |
Units GF-26 | Type Shop | Beds — | Size 1,787 sqft | Avg Price AED 3.1M | Last Price AED 3.1M | Last Sold over 12 years ago | Sales 1 |
Units 1306 | Type Office | Beds — | Size 943 sqft | Avg Price AED 841K | Last Price AED 841K | Last Sold over 13 years ago | Sales 1 |
Units GF-10 | Type Shop | Beds — | Size 1,686 sqft | Avg Price AED 2.1M | Last Price AED 2.1M | Last Sold almost 14 years ago | Sales 1 |
Units 2804 | Type Office | Beds — | Size 1,163 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
58 unique layouts covering 265 units