BUSINESS TOWER
ReadyDeveloperDAMAC PROPERTIES CO (L.L.C)
CommunityBusiness Bay
AreaBusiness Bay
Started
18 years 9 months ago27-03-2007
Handover
14 years 11 months ago14-02-2011
Status
CompleteFinished
Project Description
Freehold commercial tower development in Dubai Business Bay. The building is designed and constructed as 2B+G+3P+18. The tower is being constructed out of concrete structure and block with internal and external finishes. The office units will be handed over as ?shell and core? to be individually fitted by their respective owners.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Stable+1%
GrowthCurrent:AED 1,452/sqft
Last 12M:AED 1,444/sqft
Momentum: Last 12Mvs Prior Year
Rising+10%
GrowthLast 12M:AED 1,444/sqft
Prior Year:AED 1,315/sqft
Community Compare: Last 90DBusiness Bay
Discount-42%
Below AvgProject:AED 1,452/sqft
Community:AED 2,497/sqft
Liquidity: Last 12MExit Speed
Moderate14%Turnover
23Sold (Last 12M)
Supply & Demand Matrix
BUSINESS TOWER averaged 14% 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
15 units
1 sold14 left
7%
Velocity
Office
151 units
22 sold129 left
15%
Velocity
Layouts & Units (166)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 17 units | Type Office | Beds — | Size 956 sqft | Avg Price AED 1.2M | Last Price AED 2.1M | Last Sold 2 months ago | Sales 34 |
Units 17 units | Type Office | Beds — | Size 822 sqft | Avg Price AED 1.0M | Last Price AED 1.1M | Last Sold 3 months ago | Sales 26 |
Units 17 units | Type Office | Beds — | Size 895 sqft | Avg Price AED 1.1M | Last Price AED 1.2M | Last Sold 3 months ago | Sales 31 |
Units 18 units | Type Office | Beds — | Size 978 sqft | Avg Price AED 1.1M | Last Price AED 1.3M | Last Sold 3 months ago | Sales 31 |
Units 17 units | Type Office | Beds — | Size 1,003 sqft | Avg Price AED 1.2M | Last Price AED 1.3M | Last Sold 3 months ago | Sales 28 |
Units 17 units | Type Office | Beds — | Size 1,014 sqft | Avg Price AED 1.2M | Last Price AED 1.4M | Last Sold 3 months ago | Sales 30 |
Units 17 units | Type Office | Beds — | Size 1,141 sqft | Avg Price AED 1.4M | Last Price AED 1.6M | Last Sold 3 months ago | Sales 28 |
Units 17 units | Type Office | Beds — | Size 1,227 sqft | Avg Price AED 1.5M | Last Price AED 1.7M | Last Sold 3 months ago | Sales 24 |
Units 402 | Type Office | Beds — | Size 751 sqft | Avg Price AED 1.0M | Last Price AED 1.0M | Last Sold 3 months ago | Sales 2 |
Units 401 | Type Office | Beds — | Size 923 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold 4 months ago | Sales 1 |
Units G-1A | Type Shop | Beds — | Size 519 sqft | Avg Price AED 923K | Last Price AED 1.6M | Last Sold 5 months ago | Sales 2 |
Units G-6 | Type Shop | Beds — | Size 1,036 sqft | Avg Price AED 1.7M | Last Price AED 1.8M | Last Sold over 1 year ago | Sales 4 |
Units G-2 | Type Shop | Beds — | Size 813 sqft | Avg Price AED 1.7M | Last Price AED 1.3M | Last Sold over 1 year ago | Sales 3 |
Units 803 | Type Office | Beds — | Size 681 sqft | Avg Price AED 993K | Last Price AED 1.2M | Last Sold over 1 year ago | Sales 2 |
Units 807 | Type Office | Beds — | Size 799 sqft | Avg Price AED 815K | Last Price AED 660K | Last Sold over 2 years ago | Sales 3 |
Units 812 | Type Office | Beds — | Size 655 sqft | Avg Price AED 592K | Last Price AED 570K | Last Sold over 3 years ago | Sales 3 |
Units G-11 | Type Shop | Beds — | Size 367 sqft | Avg Price AED 625K | Last Price AED 600K | Last Sold about 4 years ago | Sales 2 |
Units 805 | Type Office | Beds — | Size 584 sqft | Avg Price AED 932K | Last Price AED 410K | Last Sold about 4 years ago | Sales 2 |
Units 810 | Type Office | Beds — | Size 532 sqft | Avg Price AED 466K | Last Price AED 360K | Last Sold about 4 years ago | Sales 2 |
Units 806 | Type Office | Beds — | Size 645 sqft | Avg Price AED 1.1M | Last Price AED 520K | Last Sold almost 6 years ago | Sales 2 |
Units G-9 | Type Shop | Beds — | Size 566 sqft | Avg Price AED 1.0M | Last Price AED 800K | Last Sold over 8 years ago | Sales 3 |
Units 802 | Type Office | Beds — | Size 566 sqft | Avg Price AED 663K | Last Price AED 510K | Last Sold about 9 years ago | Sales 2 |
Units 809 | Type Office | Beds — | Size 512 sqft | Avg Price AED 804K | Last Price AED 804K | Last Sold over 11 years ago | Sales 1 |
Units HCR1 | Type Shop | Beds — | Size 603 sqft | Avg Price AED 331K | Last Price AED 331K | Last Sold about 12 years ago | Sales 1 |
Units G-1B | Type Shop | Beds — | Size 636 sqft | Avg Price AED 350K | Last Price AED 350K | Last Sold about 12 years ago | Sales 1 |
Units G-3 | Type Shop | Beds — | Size 644 sqft | Avg Price AED 354K | Last Price AED 354K | Last Sold about 12 years ago | Sales 1 |
Units G-5 | Type Shop | Beds — | Size 947 sqft | Avg Price AED 521K | Last Price AED 521K | Last Sold about 12 years ago | Sales 1 |
Units G-4 | Type Shop | Beds — | Size 1,411 sqft | Avg Price AED 776K | Last Price AED 776K | Last Sold about 12 years ago | Sales 1 |
Units 801 | Type Office | Beds — | Size 732 sqft | Avg Price AED 759K | Last Price AED 759K | Last Sold over 12 years ago | Sales 1 |
Units G-12 | Type Shop | Beds — | Size 398 sqft | Avg Price AED 1.0M | Last Price AED 1.0M | Last Sold over 12 years ago | Sales 2 |
Units G-10 | Type Shop | Beds — | Size 452 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold over 12 years ago | Sales 1 |
Units 808 | Type Office | Beds — | Size 600 sqft | Avg Price AED 590K | Last Price AED 590K | Last Sold almost 13 years ago | Sales 1 |
Units G-7 | Type Shop | Beds — | Size 1,450 sqft | Avg Price AED 3.9M | Last Price AED 3.9M | Last Sold over 14 years ago | Sales 1 |
Units G-1 | Type Shop | Beds — | Size 766 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G-8 | Type Shop | Beds — | Size 996 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 811 | Type Office | Beds — | Size 543 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 403 | Type Office | Beds — | Size 866 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
37 unique layouts covering 166 units