SOL BAY

Ready

DeveloperS O L PROPERTIES DEVELOPMENT L.L.C

CommunityBusiness Bay

AreaBusiness Bay

Started

11 years ago15-01-2015

Handover

5 years 11 months ago11-02-2020

Status

CompleteFinished

Project Description

MIXED USE BUILDING Commercial /Offices /Residential (3B+G+2P+17F+R) DEVELOPMENT, LOCATED IN BUSINESS BAY. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-7%

Decline

Current:AED 2,398/sqft

Last 12M:AED 2,568/sqft

Momentum: Last 12Mvs Prior Year

Rising

+33%

Growth

Last 12M:AED 2,568/sqft

Prior Year:AED 1,925/sqft

Community Compare: Last 90DBusiness Bay

Discount

-4%

Below Avg

Project:AED 2,398/sqft

Community:AED 2,497/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

34Sold (Last 12M)

Supply & Demand Matrix

SOL BAY 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

98 units

6 sold92 left

Velocity

1 Bedroom

170 units

16 sold154 left

Velocity

2 Bedrooms

17 units

0 sold17 left

Velocity

Shop

8 units

7 sold1 left

88%

Velocity

Office

32 units

5 sold27 left

16%

Velocity

Layouts & Units (325)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 2 units	Type Office	Beds —	Size 1,293 sqft	Avg Price AED 3.6M	Last Price AED 3.6M	Last Sold about 1 month ago	Sales 1

Units 17 units	Type Flat	Beds 1 B/R	Size 852 sqft	Avg Price AED 1.5M	Last Price AED 2.0M	Last Sold about 1 month ago	Sales 17

Units 7 units	Type Flat	Beds 1 B/R	Size 972 sqft	Avg Price AED 1.7M	Last Price AED 2.0M	Last Sold about 1 month ago	Sales 7

Units 30 units	Type Flat	Beds 1 B/R	Size 855 sqft	Avg Price AED 1.4M	Last Price AED 2.0M	Last Sold about 2 months ago	Sales 32

Units 7 units	Type Flat	Beds Studio	Size 506 sqft	Avg Price AED 956K	Last Price AED 1.1M	Last Sold about 2 months ago	Sales 9

Units 24 units	Type Flat	Beds 1 B/R	Size 858 sqft	Avg Price AED 1.4M	Last Price AED 2.0M	Last Sold 2 months ago	Sales 25

Units 16 units	Type Flat	Beds Studio	Size 492 sqft	Avg Price AED 854K	Last Price AED 940K	Last Sold 3 months ago	Sales 20

Units 56 units	Type Flat	Beds Studio	Size 518 sqft	Avg Price AED 874K	Last Price AED 1.0M	Last Sold 3 months ago	Sales 61

Units 2 units	Type Flat	Beds 1 B/R	Size 918 sqft	Avg Price AED 1.6M	Last Price AED 1.9M	Last Sold 4 months ago	Sales 4

Units 8 units	Type Office	Beds —	Size 1,352 sqft	Avg Price AED 1.8M	Last Price AED 3.7M	Last Sold 4 months ago	Sales 12

Units 312	Type Flat	Beds 1 B/R	Size 1,456 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold 6 months ago	Sales 1

Units 2 units	Type Office	Beds —	Size 1,389 sqft	Avg Price AED 2.7M	Last Price AED 3.5M	Last Sold 8 months ago	Sales 2

Units 2 units	Type Office	Beds —	Size 1,478 sqft	Avg Price AED 2.7M	Last Price AED 4.0M	Last Sold 8 months ago	Sales 3

Units 311	Type Flat	Beds 1 B/R	Size 1,339 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold 8 months ago	Sales 1

Units SHOP 7	Type Shop	Beds —	Size 2,744 sqft	Avg Price AED 11.0M	Last Price AED 11.0M	Last Sold 9 months ago	Sales 1

Units 2 units	Type Office	Beds —	Size 649 sqft	Avg Price AED 1.3M	Last Price AED 1.7M	Last Sold 9 months ago	Sales 2

Units SHOP 5	Type Shop	Beds —	Size 933 sqft	Avg Price AED 2.8M	Last Price AED 2.8M	Last Sold 9 months ago	Sales 1

Units SHOP 6	Type Shop	Beds —	Size 1,438 sqft	Avg Price AED 4.4M	Last Price AED 4.4M	Last Sold 9 months ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 1,355 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold 9 months ago	Sales 2

Units SHOP 1	Type Shop	Beds —	Size 699 sqft	Avg Price AED 3.4M	Last Price AED 3.4M	Last Sold 9 months ago	Sales 1

Units SHOP 4	Type Shop	Beds —	Size 714 sqft	Avg Price AED 3.5M	Last Price AED 3.5M	Last Sold 9 months ago	Sales 1

Units SHOP 2	Type Shop	Beds —	Size 743 sqft	Avg Price AED 3.6M	Last Price AED 3.6M	Last Sold 9 months ago	Sales 1

Units SHOP 3	Type Shop	Beds —	Size 928 sqft	Avg Price AED 4.5M	Last Price AED 4.5M	Last Sold 9 months ago	Sales 1

Units 2 units	Type Office	Beds —	Size 1,757 sqft	Avg Price AED 2.7M	Last Price AED 4.5M	Last Sold 10 months ago	Sales 2

Units 310	Type Flat	Beds 1 B/R	Size 1,348 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold 11 months ago	Sales 1

Units 7 units	Type Flat	Beds 1 B/R	Size 828 sqft	Avg Price AED 1.6M	Last Price AED 1.7M	Last Sold 12 months ago	Sales 8

Units 5 units	Type Flat	Beds 1 B/R	Size 915 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold about 1 year ago	Sales 2

Units 2 units	Type Flat	Beds Studio	Size 741 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 1 year ago	Sales 2

Units 16 units	Type Flat	Beds 2 B/R	Size 1,478 sqft	Avg Price AED 2.3M	Last Price AED 2.7M	Last Sold over 1 year ago	Sales 16

Units 16 units	Type Flat	Beds Studio	Size 509 sqft	Avg Price AED 876K	Last Price AED 1.1M	Last Sold over 1 year ago	Sales 17

Units 9 units	Type Flat	Beds 1 B/R	Size 985 sqft	Avg Price AED 1.6M	Last Price AED 1.8M	Last Sold over 1 year ago	Sales 6

Units 2 units	Type Office	Beds —	Size 1,487 sqft	Avg Price AED 2.0M	Last Price AED 2.5M	Last Sold over 1 year ago	Sales 2

Units 15 units	Type Flat	Beds 1 B/R	Size 1,057 sqft	Avg Price AED 1.7M	Last Price AED 1.9M	Last Sold over 1 year ago	Sales 13

Units 302	Type Flat	Beds 1 B/R	Size 1,249 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold over 1 year ago	Sales 1

Units 308	Type Flat	Beds 2 B/R	Size 1,464 sqft	Avg Price AED 2.5M	Last Price AED 2.5M	Last Sold over 1 year ago	Sales 1

Units 2 units	Type Office	Beds —	Size 1,186 sqft	Avg Price AED 1.7M	Last Price AED 1.8M	Last Sold over 1 year ago	Sales 2

Units 301	Type Flat	Beds 1 B/R	Size 884 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold almost 2 years ago	Sales 1

Units 1012	Type Flat	Beds 1 B/R	Size 815 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold about 3 years ago	Sales 1

Units 9 units	Type Flat	Beds 1 B/R	Size 826 sqft	Avg Price AED 1.3M	Last Price AED 1.4M	Last Sold about 3 years ago	Sales 9

Units 2 units	Type Flat	Beds 1 B/R	Size 842 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold about 3 years ago	Sales 2

Units 7 units	Type Flat	Beds 1 B/R	Size 843 sqft	Avg Price AED 1.2M	Last Price AED 1.4M	Last Sold about 3 years ago	Sales 7

Units 9 units	Type Flat	Beds 1 B/R	Size 907 sqft	Avg Price AED 1.3M	Last Price AED 1.5M	Last Sold about 3 years ago	Sales 9

Units 9 units	Type Flat	Beds 1 B/R	Size 975 sqft	Avg Price AED 1.4M	Last Price AED 1.6M	Last Sold about 3 years ago	Sales 9

Units 7 units	Type Flat	Beds 1 B/R	Size 988 sqft	Avg Price AED 1.4M	Last Price AED 1.6M	Last Sold about 3 years ago	Sales 7

Units 514	Type Flat	Beds Studio	Size 517 sqft	Avg Price AED 869K	Last Price AED 869K	Last Sold about 3 years ago	Sales 1

Units 2 units	Type Office	Beds —	Size 1,223 sqft	Avg Price AED 1.3M	Last Price AED 1.2M	Last Sold about 4 years ago	Sales 2

Units 2 units	Type Office	Beds —	Size 1,337 sqft	Avg Price AED 1.4M	Last Price AED 1.3M	Last Sold about 4 years ago	Sales 2

Units 2 units	Type Office	Beds —	Size 1,990 sqft	Avg Price AED 2.1M	Last Price AED 1.9M	Last Sold about 4 years ago	Sales 2

Units 2 units	Type Office	Beds —	Size 2,430 sqft	Avg Price AED 2.5M	Last Price AED 2.3M	Last Sold about 4 years ago	Sales 2

Units 2 units	Type Office	Beds —	Size 1,465 sqft	Avg Price AED 659K	Last Price AED 659K	Last Sold about 4 years ago	Sales 1

Units 307	Type Flat	Beds 1 B/R	Size 1,410 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 313	Type Flat	Beds 1 B/R	Size 1,421 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 304	Type Flat	Beds 1 B/R	Size 1,434 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SHOP 8	Type Shop	Beds —	Size 853 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

54 unique layouts covering 325 units