XL TOWER
ReadyDeveloperDAMAC PROPERTIES CO (L.L.C)
CommunityBusiness Bay
AreaBusiness Bay
Started
18 years 9 months ago11-04-2007
Handover
15 years ago23-12-2010
Status
CompleteFinished
Project Description
Freehold commercial tower in Dubai Business Bay. The building is designed and constructed as 3B+G+4P+HC+19. The tower is being constructed out of concrete structure and block with 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
Rising+3%
GrowthCurrent:AED 1,708/sqft
Last 12M:AED 1,666/sqft
Momentum: Last 12Mvs Prior Year
Rising+33%
GrowthLast 12M:AED 1,666/sqft
Prior Year:AED 1,248/sqft
Community Compare: Last 90DBusiness Bay
Discount-32%
Below AvgProject:AED 1,708/sqft
Community:AED 2,497/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
15Sold (Last 12M)
Supply & Demand Matrix
XL TOWER averaged 9% 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
11 units
1 sold10 left
9%
Velocity
Office
154 units
14 sold140 left
9%
Velocity
Layouts & Units (165)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 18 units | Type Office | Beds — | Size 850 sqft | Avg Price AED 1.0M | Last Price AED 1.4M | Last Sold about 1 month ago | Sales 35 |
Units 18 units | Type Office | Beds — | Size 941 sqft | Avg Price AED 1.3M | Last Price AED 1.5M | Last Sold about 1 month ago | Sales 33 |
Units 18 units | Type Office | Beds — | Size 1,209 sqft | Avg Price AED 1.7M | Last Price AED 2.2M | Last Sold about 2 months ago | Sales 28 |
Units 18 units | Type Office | Beds — | Size 971 sqft | Avg Price AED 1.3M | Last Price AED 1.8M | Last Sold 4 months ago | Sales 30 |
Units 2301 | Type Office | Beds — | Size 862 sqft | Avg Price AED 1.1M | Last Price AED 1.9M | Last Sold 4 months ago | Sales 5 |
Units 18 units | Type Office | Beds — | Size 963 sqft | Avg Price AED 1.2M | Last Price AED 1.8M | Last Sold 5 months ago | Sales 31 |
Units 18 units | Type Office | Beds — | Size 897 sqft | Avg Price AED 1.2M | Last Price AED 1.7M | Last Sold 6 months ago | Sales 30 |
Units R6 | Type Shop | Beds — | Size 562 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold 6 months ago | Sales 3 |
Units 36 units | Type Office | Beds — | Size 1,101 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold about 1 year ago | Sales 53 |
Units 405 | Type Office | Beds — | Size 1,134 sqft | Avg Price AED 973K | Last Price AED 955K | Last Sold over 1 year ago | Sales 5 |
Units 403 | Type Office | Beds — | Size 854 sqft | Avg Price AED 774K | Last Price AED 770K | Last Sold over 1 year ago | Sales 5 |
Units 404 | Type Office | Beds — | Size 1,103 sqft | Avg Price AED 892K | Last Price AED 743K | Last Sold over 1 year ago | Sales 5 |
Units 2 units | Type Office | Beds — | Size 1,093 sqft | Avg Price AED 691K | Last Price AED 700K | Last Sold over 2 years ago | Sales 5 |
Units 402 | Type Office | Beds — | Size 1,368 sqft | Avg Price AED 995K | Last Price AED 980K | Last Sold almost 3 years ago | Sales 2 |
Units R1 | Type Shop | Beds — | Size 266 sqft | Avg Price AED 589K | Last Price AED 520K | Last Sold about 3 years ago | Sales 2 |
Units 2305 | Type Office | Beds — | Size 864 sqft | Avg Price AED 592K | Last Price AED 585K | Last Sold about 3 years ago | Sales 2 |
Units 2304 | Type Office | Beds — | Size 1,016 sqft | Avg Price AED 689K | Last Price AED 651K | Last Sold over 3 years ago | Sales 2 |
Units R3 | Type Shop | Beds — | Size 883 sqft | Avg Price AED 644K | Last Price AED 800K | Last Sold over 4 years ago | Sales 2 |
Units R4 | Type Shop | Beds — | Size 997 sqft | Avg Price AED 674K | Last Price AED 800K | Last Sold over 4 years ago | Sales 2 |
Units R5 | Type Shop | Beds — | Size 577 sqft | Avg Price AED 360K | Last Price AED 402K | Last Sold over 4 years ago | Sales 2 |
Units R9 | Type Shop | Beds — | Size 290 sqft | Avg Price AED 495K | Last Price AED 580K | Last Sold over 11 years ago | Sales 2 |
Units 402A | Type Shop | Beds — | Size 938 sqft | Avg Price AED 516K | Last Price AED 516K | Last Sold about 12 years ago | Sales 1 |
Units R2 | Type Shop | Beds — | Size 2,501 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold about 12 years ago | Sales 1 |
Units R7 | Type Shop | Beds — | Size 1,244 sqft | Avg Price AED 2.9M | Last Price AED 2.9M | Last Sold over 12 years ago | Sales 1 |
Units 401 | Type Office | Beds — | Size 1,125 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold almost 13 years ago | Sales 1 |
Units Coffee Kiosk | Type Shop | Beds — | Size 108 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R8 | Type Shop | Beds — | Size 626 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
27 unique layouts covering 165 units