REEF TOWER

Ready

DeveloperREEF REAL ESTATE INVESTMENT CO (L.L.C)

CommunityJumeirah Lakes Towers

AreaAl Thanyah Fifth

Started

17 years 8 months ago05-05-2008

Handover

16 years 11 months ago04-02-2009

Status

CompleteFinished

Project Description

32 Storey Commercial Building located in Jumeirah Lake Towers.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

+1%

Growth

Current:AED 2,386/sqft

Last 12M:AED 2,368/sqft

Momentum: Last 12Mvs Prior Year

Rising

+18%

Growth

Last 12M:AED 2,368/sqft

Prior Year:AED 2,003/sqft

Community Compare: Last 90DJumeirah Lakes Towers

Premium

+46%

Above Avg

Project:AED 2,386/sqft

Community:AED 1,639/sqft

Liquidity: Last 12MExit Speed

Moderate

17%Turnover

21Sold (Last 12M)

Supply & Demand Matrix

REEF TOWER averaged 17% 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

3 units

0 sold3 left

Velocity

Office

118 units

21 sold97 left

18%

Velocity

Layouts & Units (121)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 6 units	Type Office	Beds —	Size 1,739 sqft	Avg Price AED 2.4M	Last Price AED 4.6M	Last Sold 8 days ago	Sales 14

Units 8 units	Type Office	Beds —	Size 2,375 sqft	Avg Price AED 2.9M	Last Price AED 5.4M	Last Sold 3 months ago	Sales 15

Units 8 units	Type Office	Beds —	Size 2,474 sqft	Avg Price AED 2.9M	Last Price AED 5.6M	Last Sold 3 months ago	Sales 17

Units 5 units	Type Office	Beds —	Size 2,874 sqft	Avg Price AED 3.7M	Last Price AED 7.6M	Last Sold 3 months ago	Sales 13

Units 5 units	Type Office	Beds —	Size 2,879 sqft	Avg Price AED 3.6M	Last Price AED 7.6M	Last Sold 3 months ago	Sales 15

Units 5 units	Type Office	Beds —	Size 3,067 sqft	Avg Price AED 3.8M	Last Price AED 8.1M	Last Sold 3 months ago	Sales 16

Units 5 units	Type Office	Beds —	Size 3,076 sqft	Avg Price AED 4.0M	Last Price AED 8.1M	Last Sold 3 months ago	Sales 16

Units 12 units	Type Office	Beds —	Size 1,719 sqft	Avg Price AED 2.1M	Last Price AED 4.3M	Last Sold 7 months ago	Sales 26

Units 6 units	Type Office	Beds —	Size 1,725 sqft	Avg Price AED 2.2M	Last Price AED 4.4M	Last Sold 7 months ago	Sales 12

Units 6 units	Type Office	Beds —	Size 1,782 sqft	Avg Price AED 2.1M	Last Price AED 4.6M	Last Sold 7 months ago	Sales 12

Units 6 units	Type Office	Beds —	Size 1,802 sqft	Avg Price AED 2.3M	Last Price AED 4.6M	Last Sold 7 months ago	Sales 16

Units 2 units	Type Office	Beds —	Size 11,995 sqft	Avg Price AED 14.8M	Last Price AED 18.4M	Last Sold 9 months ago	Sales 2

Units 8 units	Type Office	Beds —	Size 2,400 sqft	Avg Price AED 2.8M	Last Price AED 5.8M	Last Sold about 1 year ago	Sales 15

Units 204	Type Office	Beds —	Size 2,834 sqft	Avg Price AED 4.8M	Last Price AED 7.6M	Last Sold about 1 year ago	Sales 3

Units 8 units	Type Office	Beds —	Size 2,458 sqft	Avg Price AED 2.8M	Last Price AED 5.2M	Last Sold over 1 year ago	Sales 11

Units 3 units	Type Office	Beds —	Size 2,412 sqft	Avg Price AED 2.3M	Last Price AED 2.8M	Last Sold about 2 years ago	Sales 8

Units 3 units	Type Office	Beds —	Size 2,420 sqft	Avg Price AED 2.2M	Last Price AED 2.7M	Last Sold about 2 years ago	Sales 7

Units 6 units	Type Office	Beds —	Size 2,437 sqft	Avg Price AED 2.3M	Last Price AED 2.7M	Last Sold about 2 years ago	Sales 13

Units 203	Type Office	Beds —	Size 2,821 sqft	Avg Price AED 2.8M	Last Price AED 2.8M	Last Sold over 2 years ago	Sales 3

Units 202	Type Office	Beds —	Size 2,823 sqft	Avg Price AED 2.9M	Last Price AED 2.8M	Last Sold over 2 years ago	Sales 3

Units 3001	Type Office	Beds —	Size 10,988 sqft	Avg Price AED 10.2M	Last Price AED 10.2M	Last Sold over 2 years ago	Sales 1

Units 101	Type Office	Beds —	Size 16,754 sqft	Avg Price AED 13.4M	Last Price AED 13.4M	Last Sold almost 3 years ago	Sales 1

Units 2 units	Type Office	Beds —	Size 8,488 sqft	Avg Price AED 8.0M	Last Price AED 8.0M	Last Sold almost 3 years ago	Sales 2

Units G02	Type Shop	Beds —	Size 3,851 sqft	Avg Price AED 9.8M	Last Price AED 6.0M	Last Sold almost 9 years ago	Sales 2

Units PR-1	Type Shop	Beds —	Size 3,750 sqft	Avg Price AED 7.6M	Last Price AED 3.8M	Last Sold almost 12 years ago	Sales 2

Units G01	Type Shop	Beds —	Size 3,859 sqft	Avg Price AED 7.8M	Last Price AED 3.9M	Last Sold almost 12 years ago	Sales 2

Units 201	Type Office	Beds —	Size 2,841 sqft	Avg Price AED 4.0M	Last Price AED 4.0M	Last Sold about 12 years ago	Sales 1

Units 302	Type Office	Beds —	Size 2,193 sqft	Avg Price AED 2.0M	Last Price AED 1.9M	Last Sold about 13 years ago	Sales 2

Units 2202	Type Office	Beds —	Size 2,847 sqft	Avg Price AED 2.4M	Last Price AED 2.0M	Last Sold over 13 years ago	Sales 3

Units 304	Type Office	Beds —	Size 2,205 sqft	Avg Price AED 1.8M	Last Price AED 1.4M	Last Sold almost 14 years ago	Sales 2

Units 2201	Type Office	Beds —	Size 2,896 sqft	Avg Price AED 2.6M	Last Price AED 1.9M	Last Sold about 14 years ago	Sales 2

Units 301	Type Office	Beds —	Size 2,211 sqft	Avg Price AED 1.7M	Last Price AED 1.2M	Last Sold about 14 years ago	Sales 2

Units 2204	Type Office	Beds —	Size 2,864 sqft	Avg Price AED 3.3M	Last Price AED 3.3M	Last Sold over 14 years ago	Sales 1

Units 2203	Type Office	Beds —	Size 3,023 sqft	Avg Price AED 3.5M	Last Price AED 3.5M	Last Sold over 14 years ago	Sales 1

Units 303	Type Office	Beds —	Size 2,191 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold almost 16 years ago	Sales 2

35 unique layouts covering 121 units