BURJ AL NUJOOM

Ready

DeveloperALTHURAYA REAL ESTATE DEVELOPMENT LIMITED

CommunityDownTown Dubai

AreaBurj Khalifa

Started

18 years 1 month ago26-11-2007

Handover

12 years 4 months ago15-09-2013

Status

CompleteFinished

Project Description

Freehold residential building development in Dubai Business Bay that is designed to 3B+G+3P+30 floors high. The building will be constructed out of concrete structure with its external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-6%

Decline

Current:AED 1,572/sqft

Last 12M:AED 1,666/sqft

Momentum: Last 12Mvs Prior Year

Rising

+12%

Growth

Last 12M:AED 1,666/sqft

Prior Year:AED 1,484/sqft

Community Compare: Last 90DDownTown Dubai

Discount

-44%

Below Avg

Project:AED 1,572/sqft

Community:AED 2,814/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

39Sold (Last 12M)

Supply & Demand Matrix

BURJ AL NUJOOM averaged 10% 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

Studio

196 units

17 sold179 left

Velocity

1 Bedroom

84 units

10 sold74 left

12%

Velocity

2 Bedrooms

114 units

11 sold103 left

10%

Velocity

3 Bedrooms

6 units

0 sold6 left

Velocity

Shop

8 units

1 sold7 left

13%

Velocity

Layouts & Units (408)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 28 units	Type Flat	Beds 2 B/R	Size 1,378 sqft	Avg Price AED 1.5M	Last Price AED 1.9M	Last Sold 10 days ago	Sales 31

Units 56 units	Type Flat	Beds Studio	Size 453 sqft	Avg Price AED 700K	Last Price AED 850K	Last Sold about 1 month ago	Sales 56

Units 28 units	Type Flat	Beds 1 B/R	Size 860 sqft	Avg Price AED 1.1M	Last Price AED 1.4M	Last Sold about 2 months ago	Sales 21

Units 56 units	Type Flat	Beds Studio	Size 452 sqft	Avg Price AED 759K	Last Price AED 880K	Last Sold 3 months ago	Sales 52

Units 28 units	Type Flat	Beds 1 B/R	Size 819 sqft	Avg Price AED 976K	Last Price AED 1.2M	Last Sold 3 months ago	Sales 32

Units 28 units	Type Flat	Beds 2 B/R	Size 1,508 sqft	Avg Price AED 1.7M	Last Price AED 1.9M	Last Sold 4 months ago	Sales 27

Units 56 units	Type Flat	Beds Studio	Size 444 sqft	Avg Price AED 675K	Last Price AED 900K	Last Sold 4 months ago	Sales 78

Units 28 units	Type Flat	Beds 1 B/R	Size 811 sqft	Avg Price AED 982K	Last Price AED 1.1M	Last Sold 5 months ago	Sales 26

Units 28 units	Type Flat	Beds Studio	Size 440 sqft	Avg Price AED 651K	Last Price AED 850K	Last Sold 6 months ago	Sales 36

Units 28 units	Type Flat	Beds 2 B/R	Size 1,373 sqft	Avg Price AED 1.6M	Last Price AED 1.9M	Last Sold 8 months ago	Sales 29

Units S-08	Type Shop	Beds —	Size 2,106 sqft	Avg Price AED 5.7M	Last Price AED 6.0M	Last Sold 10 months ago	Sales 3

Units 28 units	Type Flat	Beds 2 B/R	Size 1,390 sqft	Avg Price AED 1.7M	Last Price AED 1.8M	Last Sold 11 months ago	Sales 31

Units 3004	Type Flat	Beds 3 B/R	Size 3,222 sqft	Avg Price AED 5.0M	Last Price AED 5.0M	Last Sold over 1 year ago	Sales 1

Units 2904	Type Flat	Beds 3 B/R	Size 3,214 sqft	Avg Price AED 3.5M	Last Price AED 3.5M	Last Sold about 2 years ago	Sales 2

Units 2903	Type Flat	Beds 3 B/R	Size 2,960 sqft	Avg Price AED 2.4M	Last Price AED 2.3M	Last Sold over 4 years ago	Sales 3

Units S-05	Type Shop	Beds —	Size 1,366 sqft	Avg Price AED 3.1M	Last Price AED 3.4M	Last Sold over 10 years ago	Sales 2

Units S-04	Type Shop	Beds —	Size 1,425 sqft	Avg Price AED 3.2M	Last Price AED 3.6M	Last Sold over 10 years ago	Sales 2

Units S-06	Type Shop	Beds —	Size 1,445 sqft	Avg Price AED 3.8M	Last Price AED 4.8M	Last Sold over 10 years ago	Sales 2

Units S-07	Type Shop	Beds —	Size 1,439 sqft	Avg Price AED 3.6M	Last Price AED 4.3M	Last Sold almost 11 years ago	Sales 2

Units S-02	Type Shop	Beds —	Size 1,398 sqft	Avg Price AED 3.3M	Last Price AED 3.8M	Last Sold about 11 years ago	Sales 2

Units S-03	Type Shop	Beds —	Size 1,329 sqft	Avg Price AED 3.1M	Last Price AED 3.6M	Last Sold about 11 years ago	Sales 2

Units 3002	Type Flat	Beds 2 B/R	Size 2,186 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2902	Type Flat	Beds 2 B/R	Size 2,188 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3001	Type Flat	Beds 3 B/R	Size 2,970 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 3 B/R	Size 2,974 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S-01	Type Shop	Beds —	Size 1,660 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

26 unique layouts covering 408 units