JUMEIRAH BUSINESS CENTRE2

Ready

DeveloperAL FAJER PROPERTIES (L. L. C)

CommunityJumeirah Lakes Towers

AreaAl Thanyah Fifth

Started

18 years 10 months ago27-02-2007

Handover

15 years 11 months ago31-01-2010

Status

CompleteFinished

Project Description

Freehold commercial tower development located at the business hub at Jumeirah Lakes Towers (Emirates Hills First). The building is designed as a 4B+G+39 storey formed in a concrete structure and block with internal and external finishes. The office units will be handed over as ?core and shell? to be individually fitted by their respective owners.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+27%

Growth

Current:AED 3,182/sqft

Last 12M:AED 2,515/sqft

Momentum: Last 12Mvs Prior Year

Rising

+28%

Growth

Last 12M:AED 2,515/sqft

Prior Year:AED 1,959/sqft

Community Compare: Last 90DJumeirah Lakes Towers

Premium

+94%

Above Avg

Project:AED 3,182/sqft

Community:AED 1,639/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

28Sold (Last 12M)

Supply & Demand Matrix

JUMEIRAH BUSINESS CENTRE2 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

Shop

11 units

0 sold11 left

Velocity

Office

284 units

28 sold256 left

10%

Velocity

Layouts & Units (295)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 52 units	Type Office	Beds —	Size 1,098 sqft	Avg Price AED 1.0M	Last Price AED 3.0M	Last Sold 11 days ago	Sales 103

Units 13 units	Type Office	Beds —	Size 2,670 sqft	Avg Price AED 2.9M	Last Price AED 9.3M	Last Sold 28 days ago	Sales 30

Units 44 units	Type Office	Beds —	Size 1,443 sqft	Avg Price AED 1.4M	Last Price AED 6.1M	Last Sold about 1 month ago	Sales 103

Units 4 units	Type Office	Beds —	Size 1,141 sqft	Avg Price AED 1.8M	Last Price AED 3.7M	Last Sold 5 months ago	Sales 8

Units 2 units	Type Office	Beds —	Size 1,093 sqft	Avg Price AED 1.5M	Last Price AED 2.9M	Last Sold 5 months ago	Sales 8

Units 47 units	Type Office	Beds —	Size 1,119 sqft	Avg Price AED 1.0M	Last Price AED 2.9M	Last Sold 5 months ago	Sales 118

Units 59 units	Type Office	Beds —	Size 1,356 sqft	Avg Price AED 1.2M	Last Price AED 3.4M	Last Sold 5 months ago	Sales 107

Units 26 units	Type Office	Beds —	Size 1,023 sqft	Avg Price AED 878K	Last Price AED 2.3M	Last Sold 7 months ago	Sales 51

Units 2 units	Type Office	Beds —	Size 1,130 sqft	Avg Price AED 729K	Last Price AED 950K	Last Sold over 3 years ago	Sales 6

Units 6 units	Type Office	Beds —	Size 958 sqft	Avg Price AED 791K	Last Price AED 718K	Last Sold over 8 years ago	Sales 10

Units 2 units	Type Office	Beds —	Size 3,143 sqft	Avg Price AED 2.9M	Last Price AED 2.4M	Last Sold over 8 years ago	Sales 6

Units 4 units	Type Office	Beds —	Size 4,607 sqft	Avg Price AED 5.0M	Last Price AED 5.3M	Last Sold about 9 years ago	Sales 12

Units 2 units	Type Office	Beds —	Size 926 sqft	Avg Price AED 735K	Last Price AED 795K	Last Sold over 12 years ago	Sales 2

Units 6 units	Type Office	Beds —	Size 3,176 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold over 13 years ago	Sales 8

Units 904	Type Office	Beds —	Size 1,324 sqft	Avg Price AED 716K	Last Price AED 716K	Last Sold about 14 years ago	Sales 1

Units 2 units	Type Office	Beds —	Size 3,100 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold over 14 years ago	Sales 2

Units 3701	Type Office	Beds —	Size 4,177 sqft	Avg Price AED 3.1M	Last Price AED 3.1M	Last Sold over 14 years ago	Sales 1

Units 1704	Type Office	Beds —	Size 2,207 sqft	Avg Price AED 1.2M	Last Price AED 1.1M	Last Sold over 14 years ago	Sales 2

Units 1703	Type Office	Beds —	Size 2,443 sqft	Avg Price AED 1.3M	Last Price AED 1.2M	Last Sold over 14 years ago	Sales 2

Units 2 units	Type Office	Beds —	Size 1,076 sqft	Avg Price AED 728K	Last Price AED 662K	Last Sold almost 15 years ago	Sales 4

Units 2 units	Type Shop	Beds —	Size 88 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G05	Type Shop	Beds —	Size 587 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G04	Type Shop	Beds —	Size 656 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G02	Type Shop	Beds —	Size 1,269 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G01	Type Shop	Beds —	Size 1,340 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G06	Type Shop	Beds —	Size 1,782 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units UB01	Type Shop	Beds —	Size 2,320 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G03	Type Shop	Beds —	Size 2,418 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units UB02	Type Shop	Beds —	Size 2,567 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Shop	Beds —	Size 11,855 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 303	Type Office	Beds —	Size 452 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 302	Type Office	Beds —	Size 581 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Office	Beds —	Size 654 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 305	Type Office	Beds —	Size 812 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 307	Type Office	Beds —	Size 1,060 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 301	Type Office	Beds —	Size 1,336 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

36 unique layouts covering 295 units