TAMANI ARTS OFFICES

Ready

DeveloperTHE DEVELOPER PROPERTIES L.L.C

CommunityBusiness Bay

AreaBusiness Bay

Started

17 years 2 months ago29-10-2008

Handover

8 years 10 months ago26-02-2017

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

+3%

Growth

Current:AED 2,097/sqft

Last 12M:AED 2,042/sqft

Momentum: Last 12Mvs Prior Year

Rising

+15%

Growth

Last 12M:AED 2,042/sqft

Prior Year:AED 1,768/sqft

Community Compare: Last 90DBusiness Bay

Discount

-15%

Below Avg

Project:AED 2,121/sqft

Community:AED 2,497/sqft

Liquidity: Last 12MExit Speed

Moderate

12%Turnover

118Sold (Last 12M)

Supply & Demand Matrix

TAMANI ARTS OFFICES 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

Shop

13 units

1 sold12 left

Velocity

Office

956 units

117 sold839 left

12%

Velocity

Layouts & Units (969)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 246 units	Type Office	Beds —	Size 440 sqft	Avg Price AED 452K	Last Price AED 900K	Last Sold 8 days ago	Sales 262

Units 14 units	Type Office	Beds —	Size 289 sqft	Avg Price AED 440K	Last Price AED 1.3M	Last Sold 29 days ago	Sales 18

Units PR2	Type Shop	Beds —	Size 2,673 sqft	Avg Price AED 4.7M	Last Price AED 4.7M	Last Sold 30 days ago	Sales 1

Units 28 units	Type Office	Beds —	Size 309 sqft	Avg Price AED 394K	Last Price AED 700K	Last Sold about 1 month ago	Sales 26

Units 384 units	Type Office	Beds —	Size 314 sqft	Avg Price AED 380K	Last Price AED 500K	Last Sold about 1 month ago	Sales 441

Units 43 units	Type Office	Beds —	Size 430 sqft	Avg Price AED 497K	Last Price AED 945K	Last Sold about 1 month ago	Sales 37

Units 28 units	Type Office	Beds —	Size 444 sqft	Avg Price AED 446K	Last Price AED 1.2M	Last Sold 2 months ago	Sales 28

Units 16 units	Type Office	Beds —	Size 427 sqft	Avg Price AED 565K	Last Price AED 1.3M	Last Sold 2 months ago	Sales 24

Units 2007	Type Office	Beds —	Size 900 sqft	Avg Price AED 1.3M	Last Price AED 1.6M	Last Sold 2 months ago	Sales 4

Units 14 units	Type Office	Beds —	Size 393 sqft	Avg Price AED 431K	Last Price AED 800K	Last Sold 4 months ago	Sales 16

Units 14 units	Type Office	Beds —	Size 655 sqft	Avg Price AED 693K	Last Price AED 1.5M	Last Sold 4 months ago	Sales 17

Units 14 units	Type Office	Beds —	Size 294 sqft	Avg Price AED 343K	Last Price AED 680K	Last Sold 5 months ago	Sales 13

Units 14 units	Type Office	Beds —	Size 408 sqft	Avg Price AED 446K	Last Price AED 780K	Last Sold 7 months ago	Sales 14

Units 16 units	Type Office	Beds —	Size 405 sqft	Avg Price AED 476K	Last Price AED 800K	Last Sold 7 months ago	Sales 20

Units 28 units	Type Office	Beds —	Size 530 sqft	Avg Price AED 525K	Last Price AED 1.1M	Last Sold 8 months ago	Sales 22

Units 14 units	Type Office	Beds —	Size 472 sqft	Avg Price AED 566K	Last Price AED 1.0M	Last Sold 8 months ago	Sales 13

Units 28 units	Type Office	Beds —	Size 454 sqft	Avg Price AED 418K	Last Price AED 900K	Last Sold 8 months ago	Sales 19

Units 14 units	Type Office	Beds —	Size 512 sqft	Avg Price AED 577K	Last Price AED 975K	Last Sold 9 months ago	Sales 12

Units 14 units	Type Office	Beds —	Size 278 sqft	Avg Price AED 398K	Last Price AED 700K	Last Sold about 1 year ago	Sales 8

Units GR4	Type Shop	Beds —	Size 763 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold over 1 year ago	Sales 1

Units 4 units	Type Office	Beds —	Size 368 sqft	Avg Price AED 442K	Last Price AED 700K	Last Sold almost 2 years ago	Sales 3

Units 16 units	Type Office	Beds —	Size 283 sqft	Avg Price AED 257K	Last Price AED 375K	Last Sold about 2 years ago	Sales 14

Units 2 units	Type Office	Beds —	Size 301 sqft	Avg Price AED 282K	Last Price AED 409K	Last Sold about 2 years ago	Sales 4

Units GR7	Type Shop	Beds —	Size 1,340 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold about 2 years ago	Sales 1

Units 2 units	Type Office	Beds —	Size 422 sqft	Avg Price AED 375K	Last Price AED 490K	Last Sold over 2 years ago	Sales 4

Units PR1	Type Shop	Beds —	Size 5,640 sqft	Avg Price AED 3.8M	Last Price AED 4.7M	Last Sold almost 3 years ago	Sales 4

Units GR2	Type Shop	Beds —	Size 2,577 sqft	Avg Price AED 3.9M	Last Price AED 2.9M	Last Sold about 5 years ago	Sales 2

Units PR4	Type Shop	Beds —	Size 1,374 sqft	Avg Price AED 1.1M	Last Price AED 1.3M	Last Sold over 6 years ago	Sales 2

Units PR5	Type Shop	Beds —	Size 5,655 sqft	Avg Price AED 8.5M	Last Price AED 8.5M	Last Sold about 7 years ago	Sales 1

Units GR9	Type Shop	Beds —	Size 4,367 sqft	Avg Price AED 7.9M	Last Price AED 7.9M	Last Sold over 8 years ago	Sales 1

Units GR3	Type Shop	Beds —	Size 594 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units GR5	Type Shop	Beds —	Size 1,280 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units GR1	Type Shop	Beds —	Size 1,311 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units GR8	Type Shop	Beds —	Size 1,800 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units GR6	Type Shop	Beds —	Size 2,458 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2039	Type Office	Beds —	Size 483 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2040	Type Office	Beds —	Size 644 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

37 unique layouts covering 969 units