ELITE BUSINESS BAY RESIDENCE
ReadyDeveloperRANGE 4 DEVELOPMENTS L.L.C
CommunityBusiness Bay
AreaBusiness Bay
Started
8 years 10 months ago01-03-2017
Handover
4 years 11 months ago31-01-2021
Status
CompleteFinished
Project Description
Project located in Business Bay, residential building consist of 3B+G+4P+24+R made of concrete structure with internal and external finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Rising+4%
GrowthCurrent:AED 1,417/sqft
Last 12M:AED 1,359/sqft
Momentum: Last 12Mvs Prior Year
Falling-8%
DeclineLast 12M:AED 1,359/sqft
Prior Year:AED 1,482/sqft
Community Compare: Last 90DBusiness Bay
Discount-43%
Below AvgProject:AED 1,417/sqft
Community:AED 2,497/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
46Sold (Last 12M)
Supply & Demand Matrix
ELITE BUSINESS BAY RESIDENCE 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
Studio
322 units
26 sold296 left
8%
Velocity
1 Bedroom
115 units
17 sold98 left
15%
Velocity
2 Bedrooms
46 units
2 sold44 left
4%
Velocity
4 Bedrooms
46 units
1 sold45 left
2%
Velocity
Shop
11 units
0 sold11 left
0%
Velocity
Layouts & Units (540)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 46 units | Type Flat | Beds 1 B/R | Size 934 sqft | Avg Price AED 988K | Last Price AED 1.3M | Last Sold 16 days ago | Sales 62 |
Units 23 units | Type Flat | Beds Studio | Size 492 sqft | Avg Price AED 654K | Last Price AED 810K | Last Sold about 1 month ago | Sales 17 |
Units 69 units | Type Flat | Beds Studio | Size 480 sqft | Avg Price AED 612K | Last Price AED 551K | Last Sold about 1 month ago | Sales 62 |
Units 23 units | Type Flat | Beds Studio | Size 475 sqft | Avg Price AED 636K | Last Price AED 551K | Last Sold about 2 months ago | Sales 22 |
Units 46 units | Type Flat | Beds Studio | Size 495 sqft | Avg Price AED 598K | Last Price AED 551K | Last Sold about 2 months ago | Sales 42 |
Units 13 units | Type Flat | Beds 1 B/R | Size 811 sqft | Avg Price AED 938K | Last Price AED 1.3M | Last Sold 2 months ago | Sales 18 |
Units 23 units | Type Flat | Beds 2 B/R | Size 1,309 sqft | Avg Price AED 1.4M | Last Price AED 1.9M | Last Sold 2 months ago | Sales 24 |
Units 69 units | Type Flat | Beds Studio | Size 503 sqft | Avg Price AED 623K | Last Price AED 855K | Last Sold 3 months ago | Sales 62 |
Units 10 units | Type Flat | Beds 1 B/R | Size 815 sqft | Avg Price AED 1.0M | Last Price AED 1.2M | Last Sold 3 months ago | Sales 11 |
Units 23 units | Type Flat | Beds 4 B/R | Size 2,168 sqft | Avg Price AED 2.4M | Last Price AED 2.6M | Last Sold 3 months ago | Sales 23 |
Units 13 units | Type Flat | Beds Studio | Size 508 sqft | Avg Price AED 633K | Last Price AED 815K | Last Sold 4 months ago | Sales 11 |
Units 23 units | Type Flat | Beds 1 B/R | Size 907 sqft | Avg Price AED 970K | Last Price AED 1.1M | Last Sold 4 months ago | Sales 28 |
Units 23 units | Type Flat | Beds 2 B/R | Size 1,343 sqft | Avg Price AED 1.5M | Last Price AED 1.8M | Last Sold 4 months ago | Sales 21 |
Units 23 units | Type Flat | Beds Studio | Size 401 sqft | Avg Price AED 560K | Last Price AED 750K | Last Sold 5 months ago | Sales 28 |
Units 33 units | Type Flat | Beds Studio | Size 498 sqft | Avg Price AED 614K | Last Price AED 770K | Last Sold 6 months ago | Sales 32 |
Units 23 units | Type Flat | Beds 1 B/R | Size 853 sqft | Avg Price AED 934K | Last Price AED 1.2M | Last Sold 6 months ago | Sales 25 |
Units 23 units | Type Flat | Beds 4 B/R | Size 2,189 sqft | Avg Price AED 2.4M | Last Price AED 2.6M | Last Sold over 1 year ago | Sales 25 |
Units 10 units | Type Flat | Beds Studio | Size 605 sqft | Avg Price AED 594K | Last Price AED 605K | Last Sold about 3 years ago | Sales 11 |
Units 13 units | Type Flat | Beds Studio | Size 609 sqft | Avg Price AED 594K | Last Price AED 560K | Last Sold over 4 years ago | Sales 9 |
Units SHOP-05 | Type Shop | Beds — | Size 358 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units SHOP-11 | Type Shop | Beds — | Size 366 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units SHOP-01 | Type Shop | Beds — | Size 453 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units SHOP-09 | Type Shop | Beds — | Size 506 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units SHOP-02 | Type Shop | Beds — | Size 616 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units SHOP-04 | Type Shop | Beds — | Size 632 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units SHOP-06 | Type Shop | Beds — | Size 638 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units SHOP-10 | Type Shop | Beds — | Size 652 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units SHOP-03 | Type Shop | Beds — | Size 847 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Shop | Beds — | Size 887 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
29 unique layouts covering 540 units