THE RESIDENCE AT BUSINESS CENTRAL

Ready

DeveloperDAMAC STAR PROPERTIES (L L C)

CommunityBusiness Bay

AreaBusiness Bay

Started

15 years 9 months ago01-04-2010

Handover

12 years 11 months ago05-02-2013

Status

CompleteFinished

Project Description

Freehold residential building in Dubai Business Bay. The building is designed as B+G+3P+19. The building is designed to be constructed out of concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

-1%

Decline

Current:AED 1,491/sqft

Last 12M:AED 1,502/sqft

Momentum: Last 12Mvs Prior Year

Rising

+4%

Growth

Last 12M:AED 1,502/sqft

Prior Year:AED 1,445/sqft

Community Compare: Last 90DBusiness Bay

Discount

-40%

Below Avg

Project:AED 1,491/sqft

Community:AED 2,497/sqft

Liquidity: Last 12MExit Speed

Low

8%Turnover

18Sold (Last 12M)

Supply & Demand Matrix

THE RESIDENCE AT BUSINESS CENTRAL averaged 8% 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

142 units

16 sold126 left

11%

Velocity

2 Bedrooms

60 units

2 sold58 left

Velocity

3 Bedrooms

9 units

0 sold9 left

Velocity

Shop

17 units

0 sold17 left

Velocity

Layouts & Units (228)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 25 units	Type Flat	Beds 1 B/R	Size 920 sqft	Avg Price AED 1.0M	Last Price AED 1.2M	Last Sold about 2 months ago	Sales 38

Units 14 units	Type Flat	Beds 1 B/R	Size 925 sqft	Avg Price AED 1.1M	Last Price AED 1.2M	Last Sold about 2 months ago	Sales 31

Units 25 units	Type Flat	Beds 1 B/R	Size 929 sqft	Avg Price AED 1.2M	Last Price AED 1.5M	Last Sold 2 months ago	Sales 42

Units 28 units	Type Flat	Beds 1 B/R	Size 729 sqft	Avg Price AED 879K	Last Price AED 1.1M	Last Sold 3 months ago	Sales 45

Units 5 units	Type Flat	Beds 1 B/R	Size 711 sqft	Avg Price AED 891K	Last Price AED 1.1M	Last Sold 4 months ago	Sales 9

Units 12 units	Type Flat	Beds 1 B/R	Size 957 sqft	Avg Price AED 1.2M	Last Price AED 1.5M	Last Sold 5 months ago	Sales 20

Units 2209	Type Flat	Beds 1 B/R	Size 1,441 sqft	Avg Price AED 1.7M	Last Price AED 2.0M	Last Sold 5 months ago	Sales 2

Units 8 units	Type Flat	Beds 1 B/R	Size 1,058 sqft	Avg Price AED 1.3M	Last Price AED 1.6M	Last Sold 6 months ago	Sales 19

Units 405	Type Flat	Beds 1 B/R	Size 1,323 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold 7 months ago	Sales 3

Units 10 units	Type Flat	Beds 2 B/R	Size 1,387 sqft	Avg Price AED 1.8M	Last Price AED 2.8M	Last Sold 9 months ago	Sales 14

Units 17 units	Type Flat	Beds 2 B/R	Size 1,334 sqft	Avg Price AED 1.9M	Last Price AED 2.6M	Last Sold 12 months ago	Sales 22

Units 403	Type Flat	Beds 1 B/R	Size 1,879 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold about 1 year ago	Sales 1

Units 1	Type Shop	Beds —	Size 1,010 sqft	Avg Price AED 1.6M	Last Price AED 1.8M	Last Sold about 1 year ago	Sales 2

Units 19 units	Type Flat	Beds 2 B/R	Size 1,331 sqft	Avg Price AED 1.8M	Last Price AED 2.4M	Last Sold about 1 year ago	Sales 40

Units 5 units	Type Flat	Beds 1 B/R	Size 950 sqft	Avg Price AED 1.3M	Last Price AED 1.6M	Last Sold about 1 year ago	Sales 8

Units 8 units	Type Flat	Beds 3 B/R	Size 1,781 sqft	Avg Price AED 2.2M	Last Price AED 3.0M	Last Sold over 1 year ago	Sales 12

Units 2	Type Shop	Beds —	Size 963 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold over 1 year ago	Sales 1

Units 5 units	Type Flat	Beds 1 B/R	Size 908 sqft	Avg Price AED 1.1M	Last Price AED 1.2M	Last Sold over 1 year ago	Sales 5

Units 1009	Type Flat	Beds 1 B/R	Size 1,355 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold over 1 year ago	Sales 2

Units 402	Type Flat	Beds 1 B/R	Size 1,395 sqft	Avg Price AED 1.4M	Last Price AED 1.2M	Last Sold over 2 years ago	Sales 2

Units 9 units	Type Flat	Beds 2 B/R	Size 1,461 sqft	Avg Price AED 1.8M	Last Price AED 1.9M	Last Sold over 2 years ago	Sales 15

Units 2206	Type Flat	Beds 1 B/R	Size 1,873 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 2 years ago	Sales 1

Units 401	Type Flat	Beds 3 B/R	Size 2,603 sqft	Avg Price AED 3.0M	Last Price AED 3.0M	Last Sold over 2 years ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 828 sqft	Avg Price AED 1.3M	Last Price AED 1.5M	Last Sold over 2 years ago	Sales 4

Units 1211	Type Flat	Beds 1 B/R	Size 682 sqft	Avg Price AED 660K	Last Price AED 660K	Last Sold over 4 years ago	Sales 1

Units 1010	Type Flat	Beds 1 B/R	Size 1,155 sqft	Avg Price AED 743K	Last Price AED 743K	Last Sold over 4 years ago	Sales 1

Units 1906	Type Flat	Beds 1 B/R	Size 827 sqft	Avg Price AED 959K	Last Price AED 640K	Last Sold about 5 years ago	Sales 3

Units 8	Type Shop	Beds —	Size 661 sqft	Avg Price AED 760K	Last Price AED 760K	Last Sold about 6 years ago	Sales 1

Units 9	Type Shop	Beds —	Size 756 sqft	Avg Price AED 869K	Last Price AED 869K	Last Sold about 6 years ago	Sales 1

Units 7	Type Shop	Beds —	Size 791 sqft	Avg Price AED 909K	Last Price AED 909K	Last Sold about 6 years ago	Sales 1

Units 17	Type Shop	Beds —	Size 812 sqft	Avg Price AED 934K	Last Price AED 934K	Last Sold about 6 years ago	Sales 1

Units 10	Type Shop	Beds —	Size 875 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold about 6 years ago	Sales 1

Units 2 units	Type Shop	Beds —	Size 882 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold about 6 years ago	Sales 2

Units 2 units	Type Shop	Beds —	Size 883 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold about 6 years ago	Sales 2

Units 2 units	Type Shop	Beds —	Size 889 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold about 6 years ago	Sales 2

Units 410	Type Flat	Beds 1 B/R	Size 1,117 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold about 11 years ago	Sales 1

Units 2208	Type Flat	Beds 1 B/R	Size 935 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold almost 12 years ago	Sales 1

Units 3 units	Type Flat	Beds 2 B/R	Size 1,026 sqft	Avg Price AED 935K	Last Price AED 1.0M	Last Sold over 12 years ago	Sales 2

Units 404	Type Flat	Beds 2 B/R	Size 1,867 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold over 12 years ago	Sales 1

Units 411	Type Flat	Beds 1 B/R	Size 812 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold over 12 years ago	Sales 1

Units 2205	Type Flat	Beds 1 B/R	Size 959 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 12 years ago	Sales 1

Units 2201	Type Flat	Beds 2 B/R	Size 1,524 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5	Type Shop	Beds —	Size 1,267 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6	Type Shop	Beds —	Size 1,439 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3	Type Shop	Beds —	Size 1,487 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4	Type Shop	Beds —	Size 1,875 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

46 unique layouts covering 228 units