BUSINESS AVENUE AA1

Ready

DeveloperAL 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%

Growth

Current:AED 1,559/sqft

Last 12M:AED 1,409/sqft

Momentum: Last 12Mvs Prior Year

Rising

+28%

Growth

Last 12M:AED 1,409/sqft

Prior Year:AED 1,099/sqft

Community Compare: Last 90DJumeirah Lakes Towers

Discount

-5%

Below Avg

Project:AED 1,559/sqft

Community:AED 1,639/sqft

Liquidity: Last 12MExit Speed

Moderate

11%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

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