SKY VIEW TOWER

Ready

DeveloperHALCON REAL ESTATE DEVELOPMEMNT (L.L.C)

CommunityDubai Marina

AreaMarsa Dubai

Started

17 years 11 months ago12-02-2008

Handover

14 years 7 months ago06-06-2011

Status

CompleteFinished

Project Description

Freehold residential tower development in the Dubai Marina. It is designed and constructed as G+4P+28. The tower is designed to be built out of concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-8%

Decline

Current:AED 1,450/sqft

Last 12M:AED 1,571/sqft

Momentum: Last 12Mvs Prior Year

Rising

+4%

Growth

Last 12M:AED 1,571/sqft

Prior Year:AED 1,504/sqft

Community Compare: Last 90DDubai Marina

Discount

-22%

Below Avg

Project:AED 1,450/sqft

Community:AED 1,848/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

18Sold (Last 12M)

Supply & Demand Matrix

SKY VIEW TOWER 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

40 units

2 sold38 left

Velocity

1 Bedroom

66 units

4 sold62 left

Velocity

2 Bedrooms

50 units

5 sold45 left

10%

Velocity

3 Bedrooms

30 units

7 sold23 left

23%

Velocity

4 Bedrooms

2 units

0 sold2 left

Velocity

7 Bedrooms

1 units

0 sold1 left

Velocity

Shop

6 units

0 sold6 left

Velocity

Layouts & Units (195)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 8 units	Type Flat	Beds 1 B/R	Size 1,081 sqft	Avg Price AED 1.3M	Last Price AED 1.4M	Last Sold about 1 month ago	Sales 2

Units 12 units	Type Flat	Beds 2 B/R	Size 1,349 sqft	Avg Price AED 1.6M	Last Price AED 2.1M	Last Sold 3 months ago	Sales 13

Units 6 units	Type Flat	Beds 2 B/R	Size 1,453 sqft	Avg Price AED 1.7M	Last Price AED 1.6M	Last Sold 3 months ago	Sales 7

Units 36 units	Type Flat	Beds Studio	Size 455 sqft	Avg Price AED 869K	Last Price AED 1.1M	Last Sold 3 months ago	Sales 17

Units 8 units	Type Flat	Beds 3 B/R	Size 1,597 sqft	Avg Price AED 2.0M	Last Price AED 3.3M	Last Sold 3 months ago	Sales 13

Units 20 units	Type Flat	Beds 1 B/R	Size 897 sqft	Avg Price AED 1.1M	Last Price AED 1.6M	Last Sold 5 months ago	Sales 16

Units 14 units	Type Flat	Beds 3 B/R	Size 1,795 sqft	Avg Price AED 2.3M	Last Price AED 3.5M	Last Sold 5 months ago	Sales 15

Units 4 units	Type Flat	Beds 3 B/R	Size 2,121 sqft	Avg Price AED 2.7M	Last Price AED 3.1M	Last Sold 7 months ago	Sales 6

Units 24 units	Type Flat	Beds 1 B/R	Size 722 sqft	Avg Price AED 926K	Last Price AED 1.4M	Last Sold 7 months ago	Sales 8

Units 10 units	Type Flat	Beds 2 B/R	Size 1,606 sqft	Avg Price AED 1.5M	Last Price AED 1.8M	Last Sold 9 months ago	Sales 11

Units 3105	Type Flat	Beds 3 B/R	Size 2,761 sqft	Avg Price AED 3.1M	Last Price AED 3.1M	Last Sold 12 months ago	Sales 1

Units 6 units	Type Flat	Beds 2 B/R	Size 1,068 sqft	Avg Price AED 1.5M	Last Price AED 1.8M	Last Sold about 1 year ago	Sales 4

Units 2 units	Type Flat	Beds 3 B/R	Size 2,239 sqft	Avg Price AED 2.7M	Last Price AED 2.5M	Last Sold about 1 year ago	Sales 2

Units 8 units	Type Flat	Beds 2 B/R	Size 1,597 sqft	Avg Price AED 1.5M	Last Price AED 2.2M	Last Sold over 1 year ago	Sales 6

Units 3 units	Type Flat	Beds 1 B/R	Size 864 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 1 year ago	Sales 2

Units 2 units	Type Flat	Beds Studio	Size 433 sqft	Avg Price AED 780K	Last Price AED 780K	Last Sold almost 2 years ago	Sales 1

Units 6 units	Type Flat	Beds 2 B/R	Size 1,346 sqft	Avg Price AED 1.8M	Last Price AED 1.6M	Last Sold about 2 years ago	Sales 3

Units 2 units	Type Flat	Beds 1 B/R	Size 1,453 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 2 years ago	Sales 2

Units RETAIL-3	Type Shop	Beds —	Size 1,974 sqft	Avg Price AED 3.5M	Last Price AED 3.5M	Last Sold over 2 years ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 782 sqft	Avg Price AED 920K	Last Price AED 920K	Last Sold over 3 years ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 651 sqft	Avg Price AED 830K	Last Price AED 830K	Last Sold over 3 years ago	Sales 1

Units 5 units	Type Flat	Beds 1 B/R	Size 908 sqft	Avg Price AED 870K	Last Price AED 870K	Last Sold over 4 years ago	Sales 1

Units RETAIL-2	Type Shop	Beds —	Size 2,390 sqft	Avg Price AED 7.1M	Last Price AED 7.1M	Last Sold over 7 years ago	Sales 1

Units 2 units	Type Flat	Beds 2 B/R	Size 1,451 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3104	Type Flat	Beds 3 B/R	Size 2,965 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2201	Type Flat	Beds 4 B/R	Size 4,377 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2301	Type Flat	Beds 4 B/R	Size 4,380 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3101	Type Flat	Beds 7 B/R	Size 7,471 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 430 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-1	Type Shop	Beds —	Size 1,271 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-6	Type Shop	Beds —	Size 1,384 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-4	Type Shop	Beds —	Size 2,166 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-5	Type Shop	Beds —	Size 2,468 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

33 unique layouts covering 195 units