High Best Tower

Off-Plan

DeveloperTRUE FUTURE REAL ESTATE DEVELOPMENT L.L.C

CommunityMohammed Bin Rashid AL Maktoum District 11

AreaWadi Al Safa 3

Started

1 year 2 months ago01-11-2024

Handover

In 9 months01-11-2026

Status

38% BuiltIn Progress

Project Description

Retail And Residential Building (B+G+5+ROOF)

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-3%

Decline

Current:AED 1,469/sqft

Last 12M:AED 1,513/sqft

Momentum: Last 12Mvs Prior Year

Falling

-7%

Decline

Last 12M:AED 1,513/sqft

Prior Year:AED 1,628/sqft

Community Compare: Last 90DMohammed Bin Rashid AL Maktoum District 11

Discount

-26%

Below Avg

Project:AED 1,469/sqft

Community:AED 1,973/sqft

Liquidity: Last 12MExit Speed

High

80%Turnover

70Sold (Last 12M)

Supply & Demand Matrix

High Best Tower averaged 80% liquidity over the last 12 months, which is considered high. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

1 Bedroom

24 units

18 sold6 left

75%

Velocity

2 Bedrooms

56 units

49 sold7 left

88%

Velocity

3 Bedrooms

4 units

2 sold2 left

50%

Velocity

Shop

4 units

1 sold3 left

25%

Velocity

Layouts & Units (88)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 4 units	Type Flat	Beds 1 B/R	Size 792 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 23 days ago	Sales 4

Units 12 units	Type Flat	Beds 2 B/R	Size 1,090 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold about 1 month ago	Sales 12

Units 4 units	Type Flat	Beds 2 B/R	Size 1,594 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold about 1 month ago	Sales 2

Units 7 units	Type Flat	Beds 2 B/R	Size 1,278 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold about 2 months ago	Sales 4

Units 2 units	Type Flat	Beds 2 B/R	Size 1,438 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold about 2 months ago	Sales 2

Units 4 units	Type Flat	Beds 1 B/R	Size 760 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold 3 months ago	Sales 3

Units 8 units	Type Flat	Beds 2 B/R	Size 1,105 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 3 months ago	Sales 8

Units 2 units	Type Flat	Beds 2 B/R	Size 1,437 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold 3 months ago	Sales 2

Units 12 units	Type Flat	Beds 2 B/R	Size 1,057 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 4 months ago	Sales 11

Units 3 units	Type Flat	Beds 1 B/R	Size 778 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 4 months ago	Sales 2

Units 4 units	Type Flat	Beds 2 B/R	Size 1,102 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 4 months ago	Sales 4

Units A102	Type Flat	Beds 1 B/R	Size 786 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 5 months ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 712 sqft	Avg Price AED 1.1M	Last Price AED 1.2M	Last Sold 5 months ago	Sales 3

Units B102	Type Flat	Beds 2 B/R	Size 1,271 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold 5 months ago	Sales 1

Units 3 units	Type Flat	Beds 2 B/R	Size 1,263 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold 6 months ago	Sales 2

Units 4 units	Type Flat	Beds 1 B/R	Size 651 sqft	Avg Price AED 1.1M	Last Price AED 1.0M	Last Sold 6 months ago	Sales 4

Units 4 units	Type Flat	Beds 1 B/R	Size 679 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 7 months ago	Sales 3

Units B504	Type Flat	Beds 3 B/R	Size 1,544 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold 7 months ago	Sales 1

Units B103	Type Flat	Beds 2 B/R	Size 1,285 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold 8 months ago	Sales 1

Units 2 units	Type Flat	Beds 3 B/R	Size 1,504 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold 9 months ago	Sales 1

Units RETAIL 02	Type Shop	Beds —	Size 827 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 04	Type Shop	Beds —	Size 873 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 01	Type Shop	Beds —	Size 1,019 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 03	Type Shop	Beds —	Size 1,182 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units A504	Type Flat	Beds 3 B/R	Size 1,542 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

25 unique layouts covering 88 units