CLOVER BAY

Ready

DeveloperGREEN EMIRATES PROPERTIES CO.PSC

CommunityBusiness Bay

AreaBusiness Bay

Started

17 years 2 months ago29-10-2008

Handover

14 years 2 months ago27-10-2011

Status

CompleteFinished

Project Description

Freehold commercial tower development in Dubai Business Bay. The building is designed and constructed as 4B+G+3P+25. 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

+12%

Growth

Current:AED 1,787/sqft

Last 12M:AED 1,590/sqft

Momentum: Last 12Mvs Prior Year

Rising

+21%

Growth

Last 12M:AED 1,590/sqft

Prior Year:AED 1,309/sqft

Community Compare: Last 90DBusiness Bay

Discount

-28%

Below Avg

Project:AED 1,787/sqft

Community:AED 2,497/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

29Sold (Last 12M)

Supply & Demand Matrix

CLOVER BAY 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

8 units

1 sold7 left

13%

Velocity

Office

324 units

28 sold296 left

Velocity

Layouts & Units (332)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units SH-03	Type Shop	Beds —	Size 6,493 sqft	Avg Price AED 15.8M	Last Price AED 15.0M	Last Sold 9 days ago	Sales 2

Units 2 units	Type Office	Beds —	Size 2,137 sqft	Avg Price AED 2.3M	Last Price AED 3.9M	Last Sold 11 days ago	Sales 3

Units 94 units	Type Office	Beds —	Size 942 sqft	Avg Price AED 915K	Last Price AED 1.7M	Last Sold 18 days ago	Sales 141

Units 6 units	Type Office	Beds —	Size 1,291 sqft	Avg Price AED 1.3M	Last Price AED 2.6M	Last Sold 18 days ago	Sales 8

Units 18 units	Type Office	Beds —	Size 946 sqft	Avg Price AED 982K	Last Price AED 1.8M	Last Sold 2 months ago	Sales 31

Units 7 units	Type Office	Beds —	Size 957 sqft	Avg Price AED 1.0M	Last Price AED 1.8M	Last Sold 3 months ago	Sales 16

Units 28 units	Type Office	Beds —	Size 1,206 sqft	Avg Price AED 1.1M	Last Price AED 1.9M	Last Sold 3 months ago	Sales 35

Units 4 units	Type Office	Beds —	Size 948 sqft	Avg Price AED 962K	Last Price AED 1.5M	Last Sold 7 months ago	Sales 6

Units 2 units	Type Office	Beds —	Size 1,344 sqft	Avg Price AED 1.3M	Last Price AED 1.4M	Last Sold 8 months ago	Sales 2

Units 60 units	Type Office	Beds —	Size 1,210 sqft	Avg Price AED 1.2M	Last Price AED 1.3M	Last Sold 9 months ago	Sales 74

Units 3 units	Type Office	Beds —	Size 1,269 sqft	Avg Price AED 1.2M	Last Price AED 1.7M	Last Sold 9 months ago	Sales 5

Units 15 units	Type Office	Beds —	Size 969 sqft	Avg Price AED 929K	Last Price AED 1.6M	Last Sold 10 months ago	Sales 20

Units 2 units	Type Office	Beds —	Size 1,116 sqft	Avg Price AED 985K	Last Price AED 1.3M	Last Sold 10 months ago	Sales 4

Units 27 units	Type Office	Beds —	Size 966 sqft	Avg Price AED 964K	Last Price AED 1.3M	Last Sold about 1 year ago	Sales 42

Units 2 units	Type Office	Beds —	Size 1,062 sqft	Avg Price AED 1.2M	Last Price AED 1.8M	Last Sold over 1 year ago	Sales 3

Units 15 units	Type Office	Beds —	Size 959 sqft	Avg Price AED 919K	Last Price AED 1.1M	Last Sold over 1 year ago	Sales 24

Units 2 units	Type Office	Beds —	Size 1,170 sqft	Avg Price AED 915K	Last Price AED 1.2M	Last Sold almost 3 years ago	Sales 4

Units 3 units	Type Office	Beds —	Size 1,285 sqft	Avg Price AED 980K	Last Price AED 1.3M	Last Sold about 3 years ago	Sales 3

Units 2 units	Type Office	Beds —	Size 1,352 sqft	Avg Price AED 1.3M	Last Price AED 1.2M	Last Sold over 8 years ago	Sales 6

Units 2 units	Type Office	Beds —	Size 868 sqft	Avg Price AED 792K	Last Price AED 608K	Last Sold over 9 years ago	Sales 3

Units SH-01	Type Shop	Beds —	Size 3,582 sqft	Avg Price AED 4.9M	Last Price AED 6.4M	Last Sold almost 10 years ago	Sales 2

Units SH-06	Type Shop	Beds —	Size 1,795 sqft	Avg Price AED 4.9M	Last Price AED 4.9M	Last Sold over 10 years ago	Sales 1

Units SH-04	Type Shop	Beds —	Size 4,794 sqft	Avg Price AED 8.4M	Last Price AED 8.4M	Last Sold about 12 years ago	Sales 1

Units SH-07	Type Shop	Beds —	Size 645 sqft	Avg Price AED 729K	Last Price AED 871K	Last Sold over 12 years ago	Sales 2

Units SH-02	Type Shop	Beds —	Size 3,624 sqft	Avg Price AED 3.7M	Last Price AED 4.2M	Last Sold over 12 years ago	Sales 2

Units SH-08	Type Shop	Beds —	Size 906 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SH-05	Type Shop	Beds —	Size 2,466 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Office	Beds —	Size 201 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Office	Beds —	Size 206 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 11	Type Office	Beds —	Size 222 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Office	Beds —	Size 232 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 12	Type Office	Beds —	Size 262 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1	Type Office	Beds —	Size 264 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 20	Type Office	Beds —	Size 282 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3	Type Office	Beds —	Size 293 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Office	Beds —	Size 299 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 15	Type Office	Beds —	Size 315 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 24	Type Office	Beds —	Size 318 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Office	Beds —	Size 335 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 26	Type Office	Beds —	Size 344 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 17	Type Office	Beds —	Size 350 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6	Type Office	Beds —	Size 355 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Office	Beds —	Size 362 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Office	Beds —	Size 379 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

44 unique layouts covering 332 units