WEST BAY TOWER
Off-PlanDeveloperORION REAL ESTATE DEVELOPMENT L.L.C
CommunityBusiness Bay
AreaBusiness Bay
Started
10 years ago01-01-2016
Handover
1 year 11 months ago07-02-2024
Status
77% BuiltIn Progress
Project Description
Residential building located in Business Bay consist of 4B+G+34+2R with internal and external finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Rising+4%
GrowthCurrent:AED 1,328/sqft
Last 12M:AED 1,283/sqft
Momentum: Last 12Mvs Prior Year
Falling-4%
DeclineLast 12M:AED 1,283/sqft
Prior Year:AED 1,341/sqft
Community Compare: Last 90DBusiness Bay
Discount-47%
Below AvgProject:AED 1,328/sqft
Community:AED 2,497/sqft
Liquidity: Last 12MExit Speed
Moderate15%Turnover
37Sold (Last 12M)
Supply & Demand Matrix
WEST BAY TOWER averaged 15% 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
Studio
24 units
0 sold24 left
0%
Velocity
1 Bedroom
78 units
3 sold75 left
4%
Velocity
2 Bedrooms
120 units
25 sold95 left
21%
Velocity
3 Bedrooms
30 units
9 sold21 left
30%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (253)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 18 units | Type Flat | Beds 3 B/R | Size 1,827 sqft | Avg Price AED 2.0M | Last Price AED 2.5M | Last Sold 15 days ago | Sales 20 |
Units 18 units | Type Flat | Beds 1 B/R | Size 880 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold about 1 month ago | Sales 11 |
Units 30 units | Type Flat | Beds 2 B/R | Size 1,130 sqft | Avg Price AED 1.3M | Last Price AED 1.7M | Last Sold about 2 months ago | Sales 27 |
Units 30 units | Type Flat | Beds 2 B/R | Size 1,203 sqft | Avg Price AED 1.3M | Last Price AED 1.9M | Last Sold 3 months ago | Sales 32 |
Units 12 units | Type Flat | Beds 3 B/R | Size 1,821 sqft | Avg Price AED 2.6M | Last Price AED 2.4M | Last Sold 4 months ago | Sales 4 |
Units 30 units | Type Flat | Beds 2 B/R | Size 1,029 sqft | Avg Price AED 1.5M | Last Price AED 1.6M | Last Sold 4 months ago | Sales 21 |
Units 30 units | Type Flat | Beds 1 B/R | Size 673 sqft | Avg Price AED 820K | Last Price AED 800K | Last Sold 12 months ago | Sales 16 |
Units 30 units | Type Flat | Beds 2 B/R | Size 1,356 sqft | Avg Price AED 1.9M | Last Price AED 1.2M | Last Sold over 1 year ago | Sales 9 |
Units 12 units | Type Flat | Beds Studio | Size 452 sqft | Avg Price AED 691K | Last Price AED 691K | Last Sold over 1 year ago | Sales 2 |
Units S01 | Type Shop | Beds — | Size 3,238 sqft | Avg Price AED 2.3M | Last Price AED 2.3M | Last Sold over 3 years ago | Sales 1 |
Units 30 units | Type Flat | Beds 1 B/R | Size 710 sqft | Avg Price AED 834K | Last Price AED 462K | Last Sold over 3 years ago | Sales 6 |
Units 12 units | Type Flat | Beds Studio | Size 431 sqft | Avg Price AED 500K | Last Price AED 500K | Last Sold almost 9 years ago | Sales 2 |
12 unique layouts covering 253 units