51@BUSINESS BAY

Ready

DeveloperDEYAAR DEVELOPMENT (P.J.S.C)

CommunityBusiness Bay

AreaBusiness Bay

Started

17 years 11 months ago12-02-2008

Handover

13 years 11 months ago09-02-2012

Status

CompleteFinished

Project Description

Freehold commercial development in Business Bay. The building is designed to be constructed as 4B+G+3P+17 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

—No recent sales

Momentum: Last 12Mvs Prior Year

Rising

+35%

Growth

Last 12M:AED 1,865/sqft

Prior Year:AED 1,381/sqft

Community Compare: Last 90DBusiness Bay

—No recent sales

Liquidity: Last 12MExit Speed

Low

7%Turnover

13Sold (Last 12M)

Supply & Demand Matrix

51@BUSINESS BAY averaged 7% 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

12 units

0 sold12 left

Velocity

Office

164 units

13 sold151 left

Velocity

Layouts & Units (176)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 905	Type Office	Beds —	Size 991 sqft	Avg Price AED 1.1M	Last Price AED 1.5M	Last Sold 3 months ago	Sales 3

Units 47 units	Type Office	Beds —	Size 1,158 sqft	Avg Price AED 1.4M	Last Price AED 2.3M	Last Sold 3 months ago	Sales 44

Units 26 units	Type Office	Beds —	Size 1,166 sqft	Avg Price AED 1.3M	Last Price AED 2.7M	Last Sold 4 months ago	Sales 36

Units 4 units	Type Office	Beds —	Size 916 sqft	Avg Price AED 735K	Last Price AED 1.8M	Last Sold 5 months ago	Sales 17

Units 2 units	Type Office	Beds —	Size 1,122 sqft	Avg Price AED 1.6M	Last Price AED 2.1M	Last Sold 11 months ago	Sales 2

Units 26 units	Type Office	Beds —	Size 1,091 sqft	Avg Price AED 1.2M	Last Price AED 2.0M	Last Sold 12 months ago	Sales 26

Units 2 units	Type Office	Beds —	Size 1,083 sqft	Avg Price AED 1.2M	Last Price AED 1.5M	Last Sold 12 months ago	Sales 2

Units 6 units	Type Office	Beds —	Size 1,501 sqft	Avg Price AED 2.5M	Last Price AED 2.5M	Last Sold about 1 year ago	Sales 1

Units 3 units	Type Office	Beds —	Size 1,123 sqft	Avg Price AED 1.5M	Last Price AED 1.8M	Last Sold over 1 year ago	Sales 5

Units 1205	Type Office	Beds —	Size 880 sqft	Avg Price AED 1.1M	Last Price AED 1.3M	Last Sold over 1 year ago	Sales 2

Units 605	Type Office	Beds —	Size 1,114 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold over 1 year ago	Sales 1

Units 4 units	Type Office	Beds —	Size 911 sqft	Avg Price AED 1.1M	Last Price AED 1.8M	Last Sold about 2 years ago	Sales 4

Units 2 units	Type Office	Beds —	Size 790 sqft	Avg Price AED 875K	Last Price AED 875K	Last Sold over 2 years ago	Sales 1

Units 14 units	Type Office	Beds —	Size 1,154 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold about 3 years ago	Sales 11

Units 2 units	Type Office	Beds —	Size 793 sqft	Avg Price AED 800K	Last Price AED 800K	Last Sold over 3 years ago	Sales 1

Units 5 units	Type Office	Beds —	Size 1,142 sqft	Avg Price AED 1.2M	Last Price AED 1.0M	Last Sold over 3 years ago	Sales 3

Units 1210	Type Office	Beds —	Size 883 sqft	Avg Price AED 397K	Last Price AED 19K	Last Sold over 3 years ago	Sales 3

Units 5 units	Type Office	Beds —	Size 1,145 sqft	Avg Price AED 991K	Last Price AED 1.0M	Last Sold about 4 years ago	Sales 3

Units 2 units	Type Office	Beds —	Size 1,025 sqft	Avg Price AED 781K	Last Price AED 646K	Last Sold over 4 years ago	Sales 5

Units 2 units	Type Office	Beds —	Size 1,028 sqft	Avg Price AED 745K	Last Price AED 648K	Last Sold over 4 years ago	Sales 4

Units 2 units	Type Office	Beds —	Size 1,553 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold almost 9 years ago	Sales 2

Units 1501	Type Office	Beds —	Size 1,477 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold over 9 years ago	Sales 1

Units 1508	Type Office	Beds —	Size 1,545 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold over 9 years ago	Sales 1

Units S11	Type Shop	Beds —	Size 207 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S10	Type Shop	Beds —	Size 458 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S02	Type Shop	Beds —	Size 598 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S03	Type Shop	Beds —	Size 710 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S12	Type Shop	Beds —	Size 809 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S04	Type Shop	Beds —	Size 866 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Shop	Beds —	Size 991 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S05	Type Shop	Beds —	Size 1,149 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S09	Type Shop	Beds —	Size 1,265 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S06	Type Shop	Beds —	Size 1,356 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 910	Type Office	Beds —	Size 1,000 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 104	Type Office	Beds —	Size 1,082 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Office	Beds —	Size 1,432 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

36 unique layouts covering 176 units