EMPIRE HEIGHTS
ReadyDeveloperGPD INVESTMENTS SPV ONE LIMITED
CommunityBusiness Bay
AreaBusiness Bay
Started
17 years 10 months ago01-03-2008
Handover
14 years 8 months ago25-04-2011
Status
CompleteFinished
Project Description
Freehold commercial development located in Business Bay. The project consisting of two towers (16 storey each) constructed on a shared 4B+G+3P. The project designed to be constructed as a concrete structure with external and internal 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+14%
GrowthCurrent:AED 1,811/sqft
Last 12M:AED 1,588/sqft
Momentum: Last 12Mvs Prior Year
Rising+25%
GrowthLast 12M:AED 1,588/sqft
Prior Year:AED 1,274/sqft
Community Compare: Last 90DBusiness Bay
Discount-27%
Below AvgProject:AED 1,811/sqft
Community:AED 2,497/sqft
Liquidity: Last 12MExit Speed
High30%Turnover
67Sold (Last 12M)
Supply & Demand Matrix
EMPIRE HEIGHTS averaged 30% liquidity over the last 12 months, which is considered high. 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
17 units
2 sold15 left
12%
Velocity
Office
204 units
65 sold139 left
32%
Velocity
Layouts & Units (221)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 18 units | Type Office | Beds — | Size 1,198 sqft | Avg Price AED 1.3M | Last Price AED 2.0M | Last Sold 25 days ago | Sales 37 |
Units 54 units | Type Office | Beds — | Size 1,820 sqft | Avg Price AED 1.8M | Last Price AED 2.6M | Last Sold 30 days ago | Sales 122 |
Units 3 units | Type Office | Beds — | Size 1,389 sqft | Avg Price AED 1.6M | Last Price AED 2.6M | Last Sold about 1 month ago | Sales 6 |
Units 4 units | Type Office | Beds — | Size 1,192 sqft | Avg Price AED 1.2M | Last Price AED 2.5M | Last Sold about 1 month ago | Sales 11 |
Units 15 units | Type Office | Beds — | Size 1,205 sqft | Avg Price AED 1.2M | Last Price AED 2.5M | Last Sold about 1 month ago | Sales 26 |
Units 5F-A-02 | Type Office | Beds — | Size 1,465 sqft | Avg Price AED 2.1M | Last Price AED 3.3M | Last Sold 3 months ago | Sales 3 |
Units 19 units | Type Office | Beds — | Size 1,194 sqft | Avg Price AED 1.3M | Last Price AED 2.2M | Last Sold 3 months ago | Sales 43 |
Units 2 units | Type Office | Beds — | Size 1,570 sqft | Avg Price AED 2.3M | Last Price AED 3.1M | Last Sold 3 months ago | Sales 7 |
Units P3-A-09 | Type Office | Beds — | Size 2,455 sqft | Avg Price AED 3.3M | Last Price AED 5.2M | Last Sold 3 months ago | Sales 3 |
Units P3-B-06 | Type Office | Beds — | Size 2,504 sqft | Avg Price AED 2.8M | Last Price AED 4.0M | Last Sold 3 months ago | Sales 2 |
Units P3-B-05 | Type Office | Beds — | Size 2,827 sqft | Avg Price AED 3.2M | Last Price AED 4.5M | Last Sold 3 months ago | Sales 2 |
Units P3-B-07 | Type Office | Beds — | Size 2,859 sqft | Avg Price AED 3.2M | Last Price AED 4.6M | Last Sold 3 months ago | Sales 2 |
Units 7 units | Type Office | Beds — | Size 1,414 sqft | Avg Price AED 1.3M | Last Price AED 2.5M | Last Sold 4 months ago | Sales 16 |
Units 7 units | Type Office | Beds — | Size 1,408 sqft | Avg Price AED 1.5M | Last Price AED 2.1M | Last Sold 5 months ago | Sales 18 |
Units P3-B-04 | Type Office | Beds — | Size 2,100 sqft | Avg Price AED 2.3M | Last Price AED 3.3M | Last Sold 5 months ago | Sales 2 |
Units P3-B-01 | Type Office | Beds — | Size 2,459 sqft | Avg Price AED 2.8M | Last Price AED 3.9M | Last Sold 6 months ago | Sales 2 |
Units GF-R13 | Type Shop | Beds — | Size 1,397 sqft | Avg Price AED 3.0M | Last Price AED 3.7M | Last Sold 6 months ago | Sales 3 |
Units P3-B-02 | Type Office | Beds — | Size 2,306 sqft | Avg Price AED 2.5M | Last Price AED 3.5M | Last Sold 7 months ago | Sales 2 |
Units P3-B-03 | Type Office | Beds — | Size 2,339 sqft | Avg Price AED 2.5M | Last Price AED 3.5M | Last Sold 7 months ago | Sales 2 |
Units P3-A-05 | Type Office | Beds — | Size 2,379 sqft | Avg Price AED 2.2M | Last Price AED 3.0M | Last Sold 8 months ago | Sales 2 |
Units P3-A-04 | Type Office | Beds — | Size 2,442 sqft | Avg Price AED 2.3M | Last Price AED 3.1M | Last Sold 8 months ago | Sales 2 |
Units P3-A-06 | Type Office | Beds — | Size 2,736 sqft | Avg Price AED 2.6M | Last Price AED 3.4M | Last Sold 8 months ago | Sales 2 |
Units P3-A-07 | Type Office | Beds — | Size 3,086 sqft | Avg Price AED 2.9M | Last Price AED 3.9M | Last Sold 8 months ago | Sales 2 |
Units P3-B-09 | Type Office | Beds — | Size 2,483 sqft | Avg Price AED 2.3M | Last Price AED 3.1M | Last Sold 9 months ago | Sales 2 |
Units 2F-B-01 | Type Office | Beds — | Size 1,334 sqft | Avg Price AED 2.3M | Last Price AED 2.3M | Last Sold 9 months ago | Sales 1 |
Units GF-R9 | Type Shop | Beds — | Size 872 sqft | Avg Price AED 1.3M | Last Price AED 1.6M | Last Sold 10 months ago | Sales 2 |
Units 2 units | Type Office | Beds — | Size 1,578 sqft | Avg Price AED 1.2M | Last Price AED 2.1M | Last Sold 11 months ago | Sales 6 |
Units 5 units | Type Office | Beds — | Size 1,397 sqft | Avg Price AED 1.2M | Last Price AED 2.0M | Last Sold 11 months ago | Sales 8 |
Units 4 units | Type Office | Beds — | Size 1,786 sqft | Avg Price AED 1.8M | Last Price AED 2.5M | Last Sold 11 months ago | Sales 7 |
Units 2 units | Type Office | Beds — | Size 1,439 sqft | Avg Price AED 1.6M | Last Price AED 2.3M | Last Sold 12 months ago | Sales 10 |
Units 2F-B-06 | Type Office | Beds — | Size 1,320 sqft | Avg Price AED 1.4M | Last Price AED 2.2M | Last Sold 12 months ago | Sales 3 |
Units 2 units | Type Office | Beds — | Size 1,565 sqft | Avg Price AED 2.0M | Last Price AED 2.6M | Last Sold about 1 year ago | Sales 5 |
Units 2 units | Type Office | Beds — | Size 1,574 sqft | Avg Price AED 1.5M | Last Price AED 2.3M | Last Sold about 1 year ago | Sales 3 |
Units 5 units | Type Office | Beds — | Size 1,406 sqft | Avg Price AED 1.3M | Last Price AED 1.7M | Last Sold about 1 year ago | Sales 13 |
Units 5F-A-05 | Type Office | Beds — | Size 1,469 sqft | Avg Price AED 1.7M | Last Price AED 1.8M | Last Sold about 1 year ago | Sales 2 |
Units GF-R12 | Type Shop | Beds — | Size 2,401 sqft | Avg Price AED 4.1M | Last Price AED 4.1M | Last Sold about 1 year ago | Sales 1 |
Units 4 units | Type Office | Beds — | Size 1,419 sqft | Avg Price AED 1.1M | Last Price AED 1.2M | Last Sold over 1 year ago | Sales 5 |
Units GF-R5 | Type Shop | Beds — | Size 1,683 sqft | Avg Price AED 3.8M | Last Price AED 3.2M | Last Sold almost 2 years ago | Sales 2 |
Units 8F-B-05 | Type Office | Beds — | Size 1,350 sqft | Avg Price AED 1.3M | Last Price AED 1.1M | Last Sold about 2 years ago | Sales 3 |
Units 2 units | Type Office | Beds — | Size 2,444 sqft | Avg Price AED 2.1M | Last Price AED 2.6M | Last Sold about 2 years ago | Sales 4 |
Units 2 units | Type Office | Beds — | Size 1,503 sqft | Avg Price AED 1.3M | Last Price AED 953K | Last Sold over 2 years ago | Sales 2 |
Units 6F-B-05 | Type Office | Beds — | Size 1,446 sqft | Avg Price AED 950K | Last Price AED 950K | Last Sold over 3 years ago | Sales 1 |
Units 4F-B-05 | Type Office | Beds — | Size 1,511 sqft | Avg Price AED 942K | Last Price AED 834K | Last Sold over 3 years ago | Sales 2 |
Units 6F-B-02 | Type Office | Beds — | Size 1,434 sqft | Avg Price AED 970K | Last Price AED 800K | Last Sold over 3 years ago | Sales 2 |
Units GF-R14 | Type Shop | Beds — | Size 1,437 sqft | Avg Price AED 2.6M | Last Price AED 2.6M | Last Sold almost 4 years ago | Sales 3 |
Units GF-R6 | Type Shop | Beds — | Size 1,108 sqft | Avg Price AED 1.2M | Last Price AED 1.6M | Last Sold over 4 years ago | Sales 2 |
Units GF-R8 | Type Shop | Beds — | Size 3,025 sqft | Avg Price AED 4.2M | Last Price AED 4.2M | Last Sold over 6 years ago | Sales 1 |
Units GF-R11 | Type Shop | Beds — | Size 2,112 sqft | Avg Price AED 2.8M | Last Price AED 3.0M | Last Sold over 7 years ago | Sales 2 |
Units 4F-B-02 | Type Office | Beds — | Size 1,498 sqft | Avg Price AED 1.3M | Last Price AED 1.2M | Last Sold almost 9 years ago | Sales 3 |
Units GF-R10A | Type Shop | Beds — | Size 654 sqft | Avg Price AED 1.1M | Last Price AED 1.4M | Last Sold about 9 years ago | Sales 2 |
Units 8F-A-05 | Type Office | Beds — | Size 1,339 sqft | Avg Price AED 1.0M | Last Price AED 1.1M | Last Sold over 9 years ago | Sales 2 |
Units GF-R10 | Type Shop | Beds — | Size 2,001 sqft | Avg Price AED 3.2M | Last Price AED 3.8M | Last Sold over 9 years ago | Sales 2 |
Units 4 units | Type Office | Beds — | Size 1,401 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold almost 10 years ago | Sales 5 |
Units 3 units | Type Office | Beds — | Size 1,807 sqft | Avg Price AED 1.8M | Last Price AED 1.7M | Last Sold almost 10 years ago | Sales 5 |
Units 5F-B-05 | Type Office | Beds — | Size 1,473 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold over 10 years ago | Sales 1 |
Units 3 units | Type Office | Beds — | Size 1,324 sqft | Avg Price AED 1.8M | Last Price AED 1.2M | Last Sold almost 11 years ago | Sales 3 |
Units P3-B-08 | Type Office | Beds — | Size 2,569 sqft | Avg Price AED 1.6M | Last Price AED 1.6M | Last Sold almost 11 years ago | Sales 1 |
Units P3-A-08 | Type Office | Beds — | Size 2,709 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold almost 11 years ago | Sales 1 |
Units P3-A-03 | Type Office | Beds — | Size 3,042 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold almost 11 years ago | Sales 1 |
Units P3-A-01 | Type Office | Beds — | Size 3,355 sqft | Avg Price AED 2.1M | Last Price AED 2.1M | Last Sold almost 11 years ago | Sales 1 |
Units P3-A-02 | Type Office | Beds — | Size 3,709 sqft | Avg Price AED 2.4M | Last Price AED 2.4M | Last Sold almost 11 years ago | Sales 1 |
Units 5F-B-02 | Type Office | Beds — | Size 1,460 sqft | Avg Price AED 891K | Last Price AED 891K | Last Sold almost 11 years ago | Sales 1 |
Units GF-R4 | Type Shop | Beds — | Size 2,306 sqft | Avg Price AED 2.4M | Last Price AED 2.4M | Last Sold over 11 years ago | Sales 1 |
Units 1F-B-R1 | Type Shop | Beds — | Size 6,134 sqft | Avg Price AED 2.6M | Last Price AED 2.6M | Last Sold over 11 years ago | Sales 1 |
Units 1F-A-R1 | Type Shop | Beds — | Size 6,152 sqft | Avg Price AED 2.0M | Last Price AED 2.0M | Last Sold over 11 years ago | Sales 1 |
Units 15F-A-04 | Type Office | Beds — | Size 1,808 sqft | Avg Price AED 1.5M | Last Price AED 1.5M | Last Sold almost 12 years ago | Sales 1 |
Units GF-R7 | Type Shop | Beds — | Size 486 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold almost 12 years ago | Sales 1 |
Units 7F-B-05 | Type Office | Beds — | Size 1,431 sqft | Avg Price AED 2.2M | Last Price AED 2.2M | Last Sold almost 12 years ago | Sales 1 |
Units 2 units | Type Office | Beds — | Size 1,424 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold almost 12 years ago | Sales 1 |
Units 2F-A-01 | Type Office | Beds — | Size 1,328 sqft | Avg Price AED 2.1M | Last Price AED 2.1M | Last Sold about 12 years ago | Sales 1 |
Units GF-R2 | Type Shop | Beds — | Size 1,519 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units GF-R3 | Type Shop | Beds — | Size 1,737 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units GF-R1 | Type Shop | Beds — | Size 1,751 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
73 unique layouts covering 221 units