THE ONE HOTEL
ReadyDeveloperT F G REAL ESTATE L.L.C
CommunityBusiness Bay
AreaBusiness Bay
Started
9 years 1 month ago15-12-2016
Handover
5 years 7 months ago31-05-2020
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 2B+G+17+R HOTEL BUILDING LOCATED IN BUSINESS BAY. THE APARTMENTS ARE 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
Rising+20%
GrowthLast 12M:AED 3,849/sqft
Prior Year:AED 3,208/sqft
Community Compare: Last 90DBusiness Bay
Premium+88%
Above AvgProject:AED 4,684/sqft
Community:AED 2,497/sqft
Liquidity: Last 12MExit Speed
Low2%Turnover
8Sold (Last 12M)
Supply & Demand Matrix
THE ONE HOTEL averaged 2% 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
449 units
7 sold442 left
2%
Velocity
1 Bedroom
43 units
1 sold42 left
2%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Office
6 units
0 sold6 left
0%
Velocity
Layouts & Units (504)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 60 units | Type Hotel Rooms | Beds Studio | Size 328 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold 4 months ago | Sales 4 |
Units 300 units | Type Hotel Rooms | Beds Studio | Size 325 sqft | Avg Price AED 1.2M | Last Price AED 778K | Last Sold 4 months ago | Sales 13 |
Units 28 units | Type Hotel Rooms | Beds 1 B/R | Size 629 sqft | Avg Price AED 1.4M | Last Price AED 1.6M | Last Sold 10 months ago | Sales 2 |
Units 59 units | Type Hotel Rooms | Beds Studio | Size 320 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold over 1 year ago | Sales 3 |
Units RETAIL | Type Shop | Beds — | Size 90 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units OFFICE-04 | Type Office | Beds — | Size 138 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units OFFICE-02 | Type Office | Beds — | Size 192 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units OFFICE-05 | Type Office | Beds — | Size 392 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units HEALTH CLUB | Type Shop | Beds — | Size 493 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units OFFICE-03 | Type Office | Beds — | Size 581 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units OFFICE-01 | Type Office | Beds — | Size 699 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units OFFICE-06 | Type Office | Beds — | Size 998 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units CAFE | Type Shop | Beds — | Size 1,726 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RESTAURANT-03 | Type Shop | Beds — | Size 1,749 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RESTAURANT-02 | Type Shop | Beds — | Size 7,028 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RESTAURANT-01 | Type Shop | Beds — | Size 7,493 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 13 units | Type Hotel Rooms | Beds 1 B/R | Size 598 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 205 | Type Hotel Rooms | Beds 1 B/R | Size 777 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 204 | Type Hotel Rooms | Beds 1 B/R | Size 913 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 15 units | Type Hotel Rooms | Beds Studio | Size 336 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 15 units | Type Hotel Rooms | Beds Studio | Size 342 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
21 unique layouts covering 504 units