NOBLES

Ready

DeveloperTIGER PROPERTIES

CommunityBusiness Bay

AreaBusiness Bay

Started

5 years 10 months ago25-02-2020

Handover

1 year 4 months ago31-08-2024

Status

CompleteFinished

Project Description

3B+G+5P+44F+1MECH+R+1UR, Residential Tower + Retail. The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

-1%

Decline

Current:AED 1,771/sqft

Last 12M:AED 1,793/sqft

Momentum: Last 12Mvs Prior Year

Rising

+7%

Growth

Last 12M:AED 1,793/sqft

Prior Year:AED 1,678/sqft

Community Compare: Last 90DBusiness Bay

Discount

-27%

Below Avg

Project:AED 1,825/sqft

Community:AED 2,497/sqft

Liquidity: Last 12MExit Speed

Low

5%Turnover

28Sold (Last 12M)

Supply & Demand Matrix

NOBLES 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

1 Bedroom

278 units

20 sold258 left

Velocity

2 Bedrooms

239 units

7 sold232 left

Velocity

3 Bedrooms

40 units

1 sold39 left

Velocity

Shop

5 units

0 sold5 left

Velocity

Layouts & Units (562)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 39 units	Type Flat	Beds 2 B/R	Size 1,356 sqft	Avg Price AED 2.3M	Last Price AED 2.4M	Last Sold 11 days ago	Sales 4

Units 39 units	Type Flat	Beds 2 B/R	Size 1,475 sqft	Avg Price AED 2.2M	Last Price AED 2.0M	Last Sold about 1 month ago	Sales 2

Units 156 units	Type Flat	Beds 1 B/R	Size 829 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold about 2 months ago	Sales 15

Units 39 units	Type Flat	Beds 1 B/R	Size 846 sqft	Avg Price AED 1.4M	Last Price AED 1.6M	Last Sold 3 months ago	Sales 3

Units 39 units	Type Flat	Beds 1 B/R	Size 910 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 4 months ago	Sales 1

Units 39 units	Type Flat	Beds 1 B/R	Size 769 sqft	Avg Price AED 1.4M	Last Price AED 1.6M	Last Sold 5 months ago	Sales 2

Units 39 units	Type Flat	Beds 2 B/R	Size 1,190 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold 7 months ago	Sales 1

Units 10 units	Type Flat	Beds 3 B/R	Size 1,682 sqft	Avg Price AED 3.4M	Last Price AED 3.4M	Last Sold 9 months ago	Sales 1

Units 39 units	Type Flat	Beds 2 B/R	Size 1,269 sqft	Avg Price AED 2.5M	Last Price AED 2.5M	Last Sold 10 months ago	Sales 2

Units RETAIL-5	Type Shop	Beds —	Size 176 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-3	Type Shop	Beds —	Size 451 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-1	Type Shop	Beds —	Size 948 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-2	Type Shop	Beds —	Size 1,700 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-4	Type Shop	Beds —	Size 2,118 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 921 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Flat	Beds 1 B/R	Size 1,066 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Flat	Beds 1 B/R	Size 1,149 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 39 units	Type Flat	Beds 2 B/R	Size 1,259 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 39 units	Type Flat	Beds 2 B/R	Size 1,319 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 108	Type Flat	Beds 2 B/R	Size 1,363 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 107	Type Flat	Beds 2 B/R	Size 1,372 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 106	Type Flat	Beds 2 B/R	Size 1,528 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 109	Type Flat	Beds 2 B/R	Size 1,979 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 110	Type Flat	Beds 2 B/R	Size 1,992 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 3 B/R	Size 1,548 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4607	Type Flat	Beds 3 B/R	Size 1,572 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 3 B/R	Size 1,631 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 3 B/R	Size 1,657 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 3 B/R	Size 1,662 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4604	Type Flat	Beds 3 B/R	Size 1,699 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 3 B/R	Size 1,843 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4603	Type Flat	Beds 3 B/R	Size 1,893 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Flat	Beds 3 B/R	Size 1,948 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

33 unique layouts covering 562 units