LAKE CENTRAL
ReadyDeveloperhamid PROPERTIES LIMITED
CommunityBusiness Bay
AreaBusiness Bay
Started
17 years 11 months ago27-01-2008
Handover
13 years 10 months ago28-02-2012
Status
CompleteFinished
Project Description
Freehold commercial building development in Dubai Business Bay that is designed to 3B+G+3P+18 floors high. The building will be constructed out of concrete structure with its external finishes. 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
Rising+28%
GrowthCurrent:AED 2,632/sqft
Last 12M:AED 2,053/sqft
Momentum: Last 12Mvs Prior Year
Stable-2%
DeclineLast 12M:AED 2,053/sqft
Prior Year:AED 2,089/sqft
Community Compare: Last 90DBusiness Bay
Premium+5%
Above AvgProject:AED 2,632/sqft
Community:AED 2,497/sqft
Liquidity: Last 12MExit Speed
Low3%Turnover
6Sold (Last 12M)
Supply & Demand Matrix
LAKE CENTRAL averaged 3% 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
10 units
0 sold10 left
0%
Velocity
Office
185 units
6 sold179 left
3%
Velocity
Layouts & Units (195)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 13 units | Type Office | Beds — | Size 988 sqft | Avg Price AED 1.5M | Last Price AED 2.6M | Last Sold 29 days ago | Sales 13 |
Units 13 units | Type Office | Beds — | Size 1,134 sqft | Avg Price AED 1.4M | Last Price AED 2.4M | Last Sold about 2 months ago | Sales 14 |
Units 2 units | Type Office | Beds — | Size 902 sqft | Avg Price AED 1.4M | Last Price AED 1.6M | Last Sold 3 months ago | Sales 3 |
Units 3 units | Type Office | Beds — | Size 706 sqft | Avg Price AED 991K | Last Price AED 1.5M | Last Sold 7 months ago | Sales 2 |
Units 26 units | Type Office | Beds — | Size 907 sqft | Avg Price AED 1.3M | Last Price AED 2.3M | Last Sold 11 months ago | Sales 26 |
Units 13 units | Type Office | Beds — | Size 1,697 sqft | Avg Price AED 1.9M | Last Price AED 2.3M | Last Sold about 1 year ago | Sales 12 |
Units 13 units | Type Office | Beds — | Size 1,129 sqft | Avg Price AED 1.3M | Last Price AED 1.9M | Last Sold about 1 year ago | Sales 17 |
Units 13 units | Type Office | Beds — | Size 805 sqft | Avg Price AED 1.1M | Last Price AED 2.1M | Last Sold over 1 year ago | Sales 11 |
Units SH04 | Type Shop | Beds — | Size 1,540 sqft | Avg Price AED 6.0M | Last Price AED 6.0M | Last Sold over 1 year ago | Sales 1 |
Units 26 units | Type Office | Beds — | Size 689 sqft | Avg Price AED 876K | Last Price AED 1.2M | Last Sold over 1 year ago | Sales 26 |
Units SH03 | Type Shop | Beds — | Size 825 sqft | Avg Price AED 2.4M | Last Price AED 2.4M | Last Sold almost 2 years ago | Sales 1 |
Units 5 units | Type Office | Beds — | Size 708 sqft | Avg Price AED 768K | Last Price AED 200K | Last Sold almost 2 years ago | Sales 4 |
Units 13 units | Type Office | Beds — | Size 1,667 sqft | Avg Price AED 2.1M | Last Price AED 800K | Last Sold about 2 years ago | Sales 15 |
Units 4 units | Type Office | Beds — | Size 779 sqft | Avg Price AED 1.3M | Last Price AED 1.2M | Last Sold about 2 years ago | Sales 2 |
Units 3 units | Type Office | Beds — | Size 1,652 sqft | Avg Price AED 1.9M | Last Price AED 2.1M | Last Sold over 2 years ago | Sales 3 |
Units 2 units | Type Office | Beds — | Size 1,390 sqft | Avg Price AED 1.7M | Last Price AED 1.8M | Last Sold over 2 years ago | Sales 5 |
Units 7 units | Type Office | Beds — | Size 1,126 sqft | Avg Price AED 1.2M | Last Price AED 1.4M | Last Sold almost 3 years ago | Sales 4 |
Units 13 units | Type Office | Beds — | Size 820 sqft | Avg Price AED 945K | Last Price AED 800K | Last Sold almost 4 years ago | Sales 12 |
Units 1003 | Type Office | Beds — | Size 893 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold over 8 years ago | Sales 2 |
Units 4 units | Type Office | Beds — | Size 796 sqft | Avg Price AED 867K | Last Price AED 750K | Last Sold over 9 years ago | Sales 3 |
Units SH08 | Type Shop | Beds — | Size 1,269 sqft | Avg Price AED 3.1M | Last Price AED 3.1M | Last Sold almost 11 years ago | Sales 1 |
Units 1502 | Type Office | Beds — | Size 5,363 sqft | Avg Price AED 8.5M | Last Price AED 8.5M | Last Sold about 12 years ago | Sales 1 |
Units SH02 | Type Shop | Beds — | Size 747 sqft | Avg Price AED 2.1M | Last Price AED 2.1M | Last Sold over 12 years ago | Sales 1 |
Units SH01 | Type Shop | Beds — | Size 1,265 sqft | Avg Price AED 3.4M | Last Price AED 3.4M | Last Sold over 12 years ago | Sales 1 |
Units 2 units | Type Office | Beds — | Size 1,397 sqft | Avg Price AED 1.0M | Last Price AED 1.0M | Last Sold over 12 years ago | Sales 1 |
Units 3 units | Type Office | Beds — | Size 1,670 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold over 12 years ago | Sales 1 |
Units SH09 | Type Shop | Beds — | Size 771 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units SH07 | Type Shop | Beds — | Size 1,229 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units SH06 | Type Shop | Beds — | Size 1,590 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units SH05 | Type Shop | Beds — | Size 2,579 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 403 | Type Shop | Beds — | Size 6,416 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Office | Beds — | Size 527 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 1008 | Type Office | Beds — | Size 1,122 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 1501 | Type Office | Beds — | Size 6,234 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2201 | Type Office | Beds — | Size 6,261 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
35 unique layouts covering 195 units