PRIME BUSINESS CENTER

Ready

DeveloperPRESCOTT ENTERPRISES LTD

CommunityJumeirah Village Circle

AreaAl Barsha South Fourth

Started

18 years 3 months ago18-10-2007

Handover

15 years 7 months ago20-06-2010

Status

CompleteFinished

Project Description

Office Building located in Jumeirah Village Circle. The Building comprises 2 Basements, Ground, 2 Podiums and 17 Floors.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-4%

Decline

Current:AED 1,032/sqft

Last 12M:AED 1,080/sqft

Momentum: Last 12Mvs Prior Year

Rising

+41%

Growth

Last 12M:AED 1,080/sqft

Prior Year:AED 765/sqft

Community Compare: Last 90DJumeirah Village Circle

Discount

-23%

Below Avg

Project:AED 1,032/sqft

Community:AED 1,346/sqft

Liquidity: Last 12MExit Speed

Moderate

13%Turnover

23Sold (Last 12M)

Supply & Demand Matrix

PRIME BUSINESS CENTER averaged 13% 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

4 units

0 sold4 left

Velocity

Office

174 units

23 sold151 left

13%

Velocity

Layouts & Units (178)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 18 units	Type Office	Beds —	Size 1,611 sqft	Avg Price AED 1.1M	Last Price AED 1.9M	Last Sold 14 days ago	Sales 29

Units 28 units	Type Office	Beds —	Size 1,049 sqft	Avg Price AED 708K	Last Price AED 1.3M	Last Sold about 2 months ago	Sales 45

Units 16 units	Type Office	Beds —	Size 1,457 sqft	Avg Price AED 943K	Last Price AED 1.6M	Last Sold 2 months ago	Sales 26

Units 16 units	Type Office	Beds —	Size 1,536 sqft	Avg Price AED 1.1M	Last Price AED 1.7M	Last Sold 2 months ago	Sales 22

Units 8 units	Type Office	Beds —	Size 1,802 sqft	Avg Price AED 1.3M	Last Price AED 1.5M	Last Sold 3 months ago	Sales 19

Units 2 units	Type Office	Beds —	Size 1,446 sqft	Avg Price AED 1.3M	Last Price AED 1.7M	Last Sold 4 months ago	Sales 3

Units 10 units	Type Office	Beds —	Size 1,485 sqft	Avg Price AED 965K	Last Price AED 1.5M	Last Sold 5 months ago	Sales 15

Units 10 units	Type Office	Beds —	Size 1,622 sqft	Avg Price AED 1.2M	Last Price AED 1.8M	Last Sold 6 months ago	Sales 16

Units 10 units	Type Office	Beds —	Size 1,701 sqft	Avg Price AED 1.2M	Last Price AED 1.5M	Last Sold 10 months ago	Sales 11

Units 4 units	Type Office	Beds —	Size 1,313 sqft	Avg Price AED 777K	Last Price AED 1.2M	Last Sold about 1 year ago	Sales 7

Units 8 units	Type Office	Beds —	Size 1,680 sqft	Avg Price AED 1.1M	Last Price AED 1.2M	Last Sold about 1 year ago	Sales 14

Units 4 units	Type Office	Beds —	Size 1,581 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold over 1 year ago	Sales 9

Units 2 units	Type Office	Beds —	Size 1,714 sqft	Avg Price AED 1.2M	Last Price AED 768K	Last Sold almost 2 years ago	Sales 5

Units B605	Type Office	Beds —	Size 1,602 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold almost 2 years ago	Sales 2

Units 2 units	Type Office	Beds —	Size 1,684 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold almost 2 years ago	Sales 3

Units G01	Type Office	Beds —	Size 1,988 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold about 2 years ago	Sales 1

Units 2 units	Type Office	Beds —	Size 1,595 sqft	Avg Price AED 1.0M	Last Price AED 1.1M	Last Sold over 2 years ago	Sales 5

Units 4 units	Type Office	Beds —	Size 860 sqft	Avg Price AED 548K	Last Price AED 550K	Last Sold over 3 years ago	Sales 9

Units 2 units	Type Office	Beds —	Size 1,125 sqft	Avg Price AED 694K	Last Price AED 409K	Last Sold almost 5 years ago	Sales 5

Units 4 units	Type Office	Beds —	Size 1,462 sqft	Avg Price AED 884K	Last Price AED 482K	Last Sold about 5 years ago	Sales 8

Units 2 units	Type Office	Beds —	Size 1,677 sqft	Avg Price AED 812K	Last Price AED 625K	Last Sold over 5 years ago	Sales 3

Units 4 units	Type Office	Beds —	Size 1,387 sqft	Avg Price AED 779K	Last Price AED 783K	Last Sold almost 6 years ago	Sales 6

Units 10 units	Type Office	Beds —	Size 1,805 sqft	Avg Price AED 1.1M	Last Price AED 689K	Last Sold about 6 years ago	Sales 10

Units S02	Type Shop	Beds —	Size 1,618 sqft	Avg Price AED 2.0M	Last Price AED 1.7M	Last Sold over 6 years ago	Sales 2

Units S04	Type Shop	Beds —	Size 1,883 sqft	Avg Price AED 2.2M	Last Price AED 1.9M	Last Sold over 7 years ago	Sales 2

Units S01	Type Shop	Beds —	Size 1,872 sqft	Avg Price AED 2.5M	Last Price AED 2.5M	Last Sold over 9 years ago	Sales 2

Units 2 units	Type Office	Beds —	Size 1,520 sqft	Avg Price AED 1.1M	Last Price AED 844K	Last Sold about 10 years ago	Sales 3

Units A605	Type Office	Beds —	Size 1,605 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 13 years ago	Sales 1

Units S03	Type Shop	Beds —	Size 1,803 sqft	Avg Price AED 2.4M	Last Price AED 2.4M	Last Sold about 14 years ago	Sales 1

Units G03	Type Office	Beds —	Size 1,761 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G02	Type Office	Beds —	Size 1,766 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G04	Type Office	Beds —	Size 2,686 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

32 unique layouts covering 178 units