Luxury Family Residence II
ReadyDeveloperKAPPA ACCA REAL ESTATE DEVELOPMENT
CommunityBusiness Bay
AreaBusiness Bay
Started
6 years 10 months ago16-03-2019
Handover
2 years ago30-12-2023
Status
CompleteFinished
Project Description
Hotel and Residential Apartment and Retail (3B+G+2P+23F+1MECH+R+1UR),The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DBusiness Bay
Discount-8%
Below AvgProject:AED 2,293/sqft
Community:AED 2,497/sqft
Liquidity: Last 12MExit Speed
Low3%Turnover
7Sold (Last 12M)
Supply & Demand Matrix
Luxury Family Residence II averaged 3% 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
Studio
87 units
3 sold84 left
3%
Velocity
1 Bedroom
88 units
4 sold84 left
5%
Velocity
2 Bedrooms
28 units
0 sold28 left
0%
Velocity
4 Bedrooms
1 units
0 sold1 left
0%
Velocity
Layouts & Units (205)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 77 units | Type Flat | Beds 1 B/R | Size 627 sqft | Avg Price AED 1.8M | Last Price AED 2.0M | Last Sold about 2 months ago | Sales 3 |
Units 11 units | Type Flat | Beds Studio | Size 412 sqft | Avg Price AED 950K | Last Price AED 950K | Last Sold 3 months ago | Sales 1 |
Units 11 units | Type Flat | Beds 1 B/R | Size 615 sqft | Avg Price AED 1.5M | Last Price AED 1.5M | Last Sold 6 months ago | Sales 1 |
Units 11 units | Type Flat | Beds Studio | Size 402 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold 6 months ago | Sales 1 |
Units 11 units | Type Flat | Beds Studio | Size 439 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold 6 months ago | Sales 1 |
Units V2 | Type Hotel | Beds — | Size 259,714 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 11 units | Type Flat | Beds 2 B/R | Size 802 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 6 units | Type Flat | Beds 2 B/R | Size 862 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 11 units | Type Flat | Beds 2 B/R | Size 869 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 1401 | Type Flat | Beds 4 B/R | Size 10,937 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 11 units | Type Flat | Beds Studio | Size 407 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 5 units | Type Flat | Beds Studio | Size 430 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 5 units | Type Flat | Beds Studio | Size 436 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 11 units | Type Flat | Beds Studio | Size 447 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 11 units | Type Flat | Beds Studio | Size 453 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 11 units | Type Flat | Beds Studio | Size 473 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
16 unique layouts covering 205 units