BUSINESS AVENUE AA1
ReadyDeveloperAL MAZAYA HOLDING COMPANY
CommunityJumeirah Lakes Towers
AreaAl Thanyah Fifth
Started
15 years 3 months ago17-10-2010
Handover
14 years 10 months ago22-03-2011
Status
CompleteFinished
Project Description
Three freehold commercial tower development located at the Jumeirah lake towers . Each tower is designed to have 4B+G+M+3P+45 storey high tower formed in a concrete structure with reflective glass exterior. 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+11%
GrowthCurrent:AED 1,559/sqft
Last 12M:AED 1,409/sqft
Momentum: Last 12Mvs Prior Year
Rising+28%
GrowthLast 12M:AED 1,409/sqft
Prior Year:AED 1,099/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Discount-5%
Below AvgProject:AED 1,559/sqft
Community:AED 1,639/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
39Sold (Last 12M)
Supply & Demand Matrix
BUSINESS AVENUE AA1 averaged 11% 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
Shop
6 units
0 sold6 left
0%
Velocity
Office
359 units
39 sold320 left
11%
Velocity
Layouts & Units (365)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 4 units | Type Office | Beds — | Size 1,104 sqft | Avg Price AED 861K | Last Price AED 1.7M | Last Sold about 1 month ago | Sales 8 |
Units 3 units | Type Office | Beds — | Size 1,617 sqft | Avg Price AED 1.1M | Last Price AED 2.5M | Last Sold about 1 month ago | Sales 7 |
Units 2 units | Type Office | Beds — | Size 1,619 sqft | Avg Price AED 1.3M | Last Price AED 2.5M | Last Sold about 1 month ago | Sales 4 |
Units 3 units | Type Office | Beds — | Size 1,642 sqft | Avg Price AED 1.3M | Last Price AED 2.6M | Last Sold about 1 month ago | Sales 6 |
Units 33 units | Type Office | Beds — | Size 1,760 sqft | Avg Price AED 1.4M | Last Price AED 2.4M | Last Sold about 1 month ago | Sales 62 |
Units 32 units | Type Office | Beds — | Size 1,194 sqft | Avg Price AED 811K | Last Price AED 1.7M | Last Sold about 2 months ago | Sales 55 |
Units 38 units | Type Office | Beds — | Size 1,268 sqft | Avg Price AED 991K | Last Price AED 1.8M | Last Sold about 2 months ago | Sales 73 |
Units 32 units | Type Office | Beds — | Size 1,199 sqft | Avg Price AED 1.0M | Last Price AED 2.5M | Last Sold 2 months ago | Sales 64 |
Units 4 units | Type Office | Beds — | Size 1,205 sqft | Avg Price AED 1.3M | Last Price AED 1.9M | Last Sold 6 months ago | Sales 10 |
Units 39 units | Type Office | Beds — | Size 1,260 sqft | Avg Price AED 993K | Last Price AED 2.4M | Last Sold 7 months ago | Sales 73 |
Units 21 units | Type Office | Beds — | Size 1,694 sqft | Avg Price AED 1.3M | Last Price AED 3.1M | Last Sold 7 months ago | Sales 43 |
Units 14 units | Type Office | Beds — | Size 1,771 sqft | Avg Price AED 1.3M | Last Price AED 1.8M | Last Sold 7 months ago | Sales 27 |
Units 53 units | Type Office | Beds — | Size 1,689 sqft | Avg Price AED 1.3M | Last Price AED 4.0M | Last Sold 8 months ago | Sales 100 |
Units 6 units | Type Office | Beds — | Size 1,701 sqft | Avg Price AED 1.8M | Last Price AED 2.5M | Last Sold 8 months ago | Sales 7 |
Units 2 units | Type Office | Beds — | Size 1,102 sqft | Avg Price AED 718K | Last Price AED 1.3M | Last Sold about 1 year ago | Sales 5 |
Units 13 units | Type Office | Beds — | Size 2,087 sqft | Avg Price AED 1.4M | Last Price AED 2.0M | Last Sold about 1 year ago | Sales 23 |
Units 4 units | Type Office | Beds — | Size 1,436 sqft | Avg Price AED 1.0M | Last Price AED 1.5M | Last Sold over 1 year ago | Sales 8 |
Units 4 units | Type Office | Beds — | Size 1,757 sqft | Avg Price AED 1.3M | Last Price AED 1.8M | Last Sold over 1 year ago | Sales 7 |
Units 8 units | Type Office | Beds — | Size 1,118 sqft | Avg Price AED 753K | Last Price AED 783K | Last Sold over 1 year ago | Sales 16 |
Units 2 units | Type Office | Beds — | Size 636 sqft | Avg Price AED 607K | Last Price AED 755K | Last Sold over 1 year ago | Sales 2 |
Units 4204 | Type Office | Beds — | Size 1,267 sqft | Avg Price AED 1.4M | Last Price AED 2.0M | Last Sold over 1 year ago | Sales 2 |
Units 3 units | Type Office | Beds — | Size 1,743 sqft | Avg Price AED 1.7M | Last Price AED 2.8M | Last Sold over 1 year ago | Sales 5 |
Units 4202 | Type Office | Beds — | Size 2,066 sqft | Avg Price AED 2.3M | Last Price AED 3.3M | Last Sold over 1 year ago | Sales 2 |
Units 4305 | Type Office | Beds — | Size 1,609 sqft | Avg Price AED 725K | Last Price AED 815K | Last Sold over 2 years ago | Sales 3 |
Units 2 units | Type Office | Beds — | Size 1,781 sqft | Avg Price AED 1.4M | Last Price AED 1.1M | Last Sold over 3 years ago | Sales 2 |
Units 2 units | Type Office | Beds — | Size 544 sqft | Avg Price AED 131K | Last Price AED 131K | Last Sold almost 4 years ago | Sales 1 |
Units 2 units | Type Office | Beds — | Size 564 sqft | Avg Price AED 137K | Last Price AED 137K | Last Sold almost 4 years ago | Sales 1 |
Units 804A | Type Office | Beds — | Size 603 sqft | Avg Price AED 144K | Last Price AED 144K | Last Sold almost 4 years ago | Sales 1 |
Units 2 units | Type Office | Beds — | Size 803 sqft | Avg Price AED 174K | Last Price AED 174K | Last Sold almost 4 years ago | Sales 1 |
Units 705A | Type Office | Beds — | Size 844 sqft | Avg Price AED 433K | Last Price AED 423K | Last Sold over 4 years ago | Sales 2 |
Units 3702 | Type Office | Beds — | Size 2,019 sqft | Avg Price AED 1.3M | Last Price AED 1.6M | Last Sold about 11 years ago | Sales 2 |
Units AA1-1B | Type Shop | Beds — | Size 2,532 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units AA1-1C | Type Shop | Beds — | Size 2,687 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units AA1-1A | Type Shop | Beds — | Size 2,706 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units AA1-1D | Type Shop | Beds — | Size 2,725 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RETAIL 2-2 | Type Shop | Beds — | Size 3,733 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units RETAIL 2-1 | Type Shop | Beds — | Size 4,809 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 703A | Type Office | Beds — | Size 539 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 701B | Type Office | Beds — | Size 550 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 805B | Type Office | Beds — | Size 584 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 705B | Type Office | Beds — | Size 588 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 3 units | Type Office | Beds — | Size 610 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Office | Beds — | Size 615 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 5 units | Type Office | Beds — | Size 620 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 806A | Type Office | Beds — | Size 742 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Office | Beds — | Size 855 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 802B | Type Office | Beds — | Size 860 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 806B | Type Office | Beds — | Size 870 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 807B | Type Office | Beds — | Size 890 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 707B | Type Office | Beds — | Size 902 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 706B | Type Office | Beds — | Size 916 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Office | Beds — | Size 1,124 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 202 | Type Office | Beds — | Size 1,426 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
53 unique layouts covering 365 units