PLATINUM TOWER
ReadyDeveloperALSHAFAR DEVELOPMENT L.L.C
CommunityJumeirah Lakes Towers
AreaAl Thanyah Fifth
Started
18 years 4 months ago01-09-2007
Handover
13 years ago23-12-2012
Status
CompleteFinished
Project Description
Freehold commercial tower development located at the business hub at Jumeirah Lakes Towers (Emirates Hills First). The building is designed and constructed as a 4B+G+44 storey high tower formed in a concrete structure with reflective glass exterior. The office units will be handed over as ?shell and core? to be individually fitted by their respective owners.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Stable0%
GrowthCurrent:AED 2,246/sqft
Last 12M:AED 2,256/sqft
Momentum: Last 12Mvs Prior Year
Rising+14%
GrowthLast 12M:AED 2,256/sqft
Prior Year:AED 1,984/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Premium+37%
Above AvgProject:AED 2,246/sqft
Community:AED 1,639/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
56Sold (Last 12M)
Supply & Demand Matrix
PLATINUM TOWER averaged 12% liquidity over the last 12 months, which is considered moderate. 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
34 units
6 sold28 left
18%
Velocity
Office
419 units
50 sold369 left
12%
Velocity
Layouts & Units (453)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 76 units | Type Office | Beds — | Size 1,151 sqft | Avg Price AED 1.4M | Last Price AED 2.9M | Last Sold about 1 month ago | Sales 110 |
Units 38 units | Type Office | Beds — | Size 1,199 sqft | Avg Price AED 1.4M | Last Price AED 3.0M | Last Sold about 1 month ago | Sales 52 |
Units 76 units | Type Office | Beds — | Size 954 sqft | Avg Price AED 1.1M | Last Price AED 2.2M | Last Sold about 1 month ago | Sales 121 |
Units 152 units | Type Office | Beds — | Size 1,058 sqft | Avg Price AED 1.2M | Last Price AED 2.7M | Last Sold 3 months ago | Sales 213 |
Units 101 | Type Shop | Beds — | Size 9,001 sqft | Avg Price AED 13.8M | Last Price AED 15.6M | Last Sold 3 months ago | Sales 2 |
Units 11 units | Type Office | Beds — | Size 607 sqft | Avg Price AED 857K | Last Price AED 1.6M | Last Sold 3 months ago | Sales 28 |
Units 2304 | Type Office | Beds — | Size 980 sqft | Avg Price AED 1.5M | Last Price AED 2.4M | Last Sold 3 months ago | Sales 5 |
Units G12 | Type Shop | Beds — | Size 538 sqft | Avg Price AED 1.1M | Last Price AED 1.2M | Last Sold 6 months ago | Sales 2 |
Units 38 units | Type Office | Beds — | Size 1,221 sqft | Avg Price AED 1.4M | Last Price AED 2.4M | Last Sold 7 months ago | Sales 56 |
Units B112 | Type Shop | Beds — | Size 638 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold 8 months ago | Sales 1 |
Units 2 units | Type Shop | Beds — | Size 651 sqft | Avg Price AED 1.4M | Last Price AED 1.7M | Last Sold 8 months ago | Sales 4 |
Units G10 | Type Shop | Beds — | Size 920 sqft | Avg Price AED 2.1M | Last Price AED 2.6M | Last Sold 9 months ago | Sales 2 |
Units B101 | Type Shop | Beds — | Size 1,439 sqft | Avg Price AED 3.6M | Last Price AED 3.6M | Last Sold 10 months ago | Sales 1 |
Units 3 units | Type Office | Beds — | Size 703 sqft | Avg Price AED 865K | Last Price AED 1.5M | Last Sold 11 months ago | Sales 7 |
Units 5 units | Type Office | Beds — | Size 708 sqft | Avg Price AED 846K | Last Price AED 1.6M | Last Sold 11 months ago | Sales 13 |
Units 3 units | Type Office | Beds — | Size 905 sqft | Avg Price AED 1.5M | Last Price AED 1.8M | Last Sold 11 months ago | Sales 6 |
Units 2308 | Type Office | Beds — | Size 547 sqft | Avg Price AED 689K | Last Price AED 1.1M | Last Sold 12 months ago | Sales 4 |
Units 3 units | Type Office | Beds — | Size 680 sqft | Avg Price AED 831K | Last Price AED 1.4M | Last Sold 12 months ago | Sales 7 |
Units B103 | Type Shop | Beds — | Size 817 sqft | Avg Price AED 2.2M | Last Price AED 2.2M | Last Sold almost 2 years ago | Sales 1 |
Units B102 | Type Shop | Beds — | Size 818 sqft | Avg Price AED 2.2M | Last Price AED 2.2M | Last Sold almost 2 years ago | Sales 1 |
Units 2 units | Type Shop | Beds — | Size 544 sqft | Avg Price AED 1.3M | Last Price AED 1.4M | Last Sold about 2 years ago | Sales 3 |
Units 2 units | Type Shop | Beds — | Size 756 sqft | Avg Price AED 1.8M | Last Price AED 2.0M | Last Sold about 2 years ago | Sales 3 |
Units B115 | Type Shop | Beds — | Size 1,103 sqft | Avg Price AED 2.4M | Last Price AED 2.8M | Last Sold almost 3 years ago | Sales 2 |
Units B110 | Type Shop | Beds — | Size 776 sqft | Avg Price AED 2.0M | Last Price AED 2.0M | Last Sold about 3 years ago | Sales 1 |
Units B111 | Type Shop | Beds — | Size 790 sqft | Avg Price AED 2.1M | Last Price AED 2.1M | Last Sold about 3 years ago | Sales 1 |
Units B109 | Type Shop | Beds — | Size 706 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold about 3 years ago | Sales 1 |
Units 2 units | Type Shop | Beds — | Size 1,018 sqft | Avg Price AED 2.2M | Last Price AED 2.6M | Last Sold about 3 years ago | Sales 3 |
Units 205 | Type Office | Beds — | Size 899 sqft | Avg Price AED 1.3M | Last Price AED 1.2M | Last Sold over 3 years ago | Sales 2 |
Units 2 units | Type Office | Beds — | Size 938 sqft | Avg Price AED 1.0M | Last Price AED 1.0M | Last Sold almost 4 years ago | Sales 2 |
Units 4 units | Type Office | Beds — | Size 1,027 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold almost 4 years ago | Sales 1 |
Units 2207 | Type Office | Beds — | Size 1,206 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold almost 4 years ago | Sales 1 |
Units 2 units | Type Shop | Beds — | Size 738 sqft | Avg Price AED 1.6M | Last Price AED 1.6M | Last Sold about 8 years ago | Sales 4 |
Units G04 | Type Shop | Beds — | Size 796 sqft | Avg Price AED 1.6M | Last Price AED 1.7M | Last Sold about 8 years ago | Sales 2 |
Units G02 | Type Shop | Beds — | Size 880 sqft | Avg Price AED 1.7M | Last Price AED 1.9M | Last Sold about 8 years ago | Sales 2 |
Units G03 | Type Shop | Beds — | Size 931 sqft | Avg Price AED 1.9M | Last Price AED 2.0M | Last Sold about 8 years ago | Sales 2 |
Units G09 | Type Shop | Beds — | Size 760 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold over 10 years ago | Sales 1 |
Units G11 | Type Shop | Beds — | Size 1,042 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold over 10 years ago | Sales 1 |
Units G13 | Type Shop | Beds — | Size 626 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold over 10 years ago | Sales 1 |
Units 2 units | Type Shop | Beds — | Size 633 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold over 10 years ago | Sales 2 |
Units B105 | Type Shop | Beds — | Size 549 sqft | Avg Price AED 988K | Last Price AED 988K | Last Sold about 11 years ago | Sales 1 |
Units B106 | Type Shop | Beds — | Size 583 sqft | Avg Price AED 1.0M | Last Price AED 1.0M | Last Sold about 11 years ago | Sales 1 |
Units G16 | Type Shop | Beds — | Size 489 sqft | Avg Price AED 1.0M | Last Price AED 1.0M | Last Sold over 11 years ago | Sales 1 |
Units G17 | Type Shop | Beds — | Size 562 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G18 | Type Shop | Beds — | Size 951 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Office | Beds — | Size 1,135 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2202 | Type Office | Beds — | Size 1,183 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4401 | Type Office | Beds — | Size 7,657 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
47 unique layouts covering 453 units