BAY'S EDGE
ReadyDeveloperDAMAC DEVELOPMENT(L L C)
CommunityBusiness Bay
AreaBusiness Bay
Started
12 years 8 months ago20-05-2013
Handover
10 years ago31-12-2015
Status
CompleteFinished
Project Description
Freehold residential tower in Business Bay area. The tower is designed as G+3P+19. The tower is designed to provide deluxe hotel apartments and to be constructed out of concrete structure and block with internal and external finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Falling-10%
DeclineCurrent:AED 1,481/sqft
Last 12M:AED 1,652/sqft
Momentum: Last 12Mvs Prior Year
Stable-1%
DeclineLast 12M:AED 1,652/sqft
Prior Year:AED 1,674/sqft
Community Compare: Last 90DBusiness Bay
Discount-41%
Below AvgProject:AED 1,481/sqft
Community:AED 2,497/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
26Sold (Last 12M)
Supply & Demand Matrix
BAY'S EDGE averaged 10% 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
Studio
70 units
4 sold66 left
6%
Velocity
1 Bedroom
108 units
15 sold93 left
14%
Velocity
2 Bedrooms
62 units
6 sold56 left
10%
Velocity
3 Bedrooms
13 units
1 sold12 left
8%
Velocity
Shop
8 units
0 sold8 left
0%
Velocity
Layouts & Units (261)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 11 units | Type Hotel Apartment | Beds 1 B/R | Size 855 sqft | Avg Price AED 1.3M | Last Price AED 2.0M | Last Sold 10 days ago | Sales 6 |
Units 21 units | Type Hotel Apartment | Beds 1 B/R | Size 847 sqft | Avg Price AED 1.2M | Last Price AED 1.1M | Last Sold 17 days ago | Sales 14 |
Units 36 units | Type Hotel Apartment | Beds 1 B/R | Size 860 sqft | Avg Price AED 1.2M | Last Price AED 434K | Last Sold about 2 months ago | Sales 22 |
Units 12 units | Type Flat | Beds 1 B/R | Size 860 sqft | Avg Price AED 1.3M | Last Price AED 1.5M | Last Sold about 2 months ago | Sales 7 |
Units 10 units | Type Flat | Beds Studio | Size 425 sqft | Avg Price AED 756K | Last Price AED 850K | Last Sold 4 months ago | Sales 9 |
Units 17 units | Type Hotel Apartment | Beds 2 B/R | Size 1,385 sqft | Avg Price AED 2.0M | Last Price AED 1.8M | Last Sold 4 months ago | Sales 5 |
Units 3 units | Type Hotel Apartment | Beds 3 B/R | Size 2,261 sqft | Avg Price AED 2.8M | Last Price AED 2.9M | Last Sold 7 months ago | Sales 4 |
Units 55 units | Type Hotel Apartment | Beds Studio | Size 425 sqft | Avg Price AED 776K | Last Price AED 825K | Last Sold 7 months ago | Sales 30 |
Units 9 units | Type Flat | Beds 2 B/R | Size 1,385 sqft | Avg Price AED 1.7M | Last Price AED 1.8M | Last Sold 7 months ago | Sales 3 |
Units 3 units | Type Flat | Beds 1 B/R | Size 855 sqft | Avg Price AED 1.3M | Last Price AED 1.5M | Last Sold 7 months ago | Sales 4 |
Units 16 units | Type Flat | Beds 2 B/R | Size 1,254 sqft | Avg Price AED 1.8M | Last Price AED 2.0M | Last Sold 9 months ago | Sales 7 |
Units 9 units | Type Flat | Beds 1 B/R | Size 845 sqft | Avg Price AED 1.3M | Last Price AED 1.4M | Last Sold 10 months ago | Sales 4 |
Units 20 units | Type Hotel Apartment | Beds 2 B/R | Size 1,254 sqft | Avg Price AED 1.7M | Last Price AED 1.9M | Last Sold over 1 year ago | Sales 4 |
Units 405 | Type Flat | Beds Studio | Size 479 sqft | Avg Price AED 657K | Last Price AED 640K | Last Sold about 2 years ago | Sales 3 |
Units 3 units | Type Hotel Apartment | Beds 3 B/R | Size 1,720 sqft | Avg Price AED 1.9M | Last Price AED 2.2M | Last Sold over 2 years ago | Sales 2 |
Units 9 units | Type Hotel Apartment | Beds 1 B/R | Size 874 sqft | Avg Price AED 1.2M | Last Price AED 1.3M | Last Sold almost 3 years ago | Sales 5 |
Units 4 units | Type Hotel Apartment | Beds 3 B/R | Size 2,235 sqft | Avg Price AED 2.4M | Last Price AED 2.4M | Last Sold over 3 years ago | Sales 1 |
Units 3 units | Type Hotel Apartment | Beds Studio | Size 478 sqft | Avg Price AED 700K | Last Price AED 700K | Last Sold about 5 years ago | Sales 1 |
Units 3 units | Type Hotel Apartment | Beds 1 B/R | Size 426 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4 units | Type Flat | Beds 1 B/R | Size 874 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 1207 | Type Flat | Beds 3 B/R | Size 2,234 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds 3 B/R | Size 2,261 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 404 | Type Flat | Beds Studio | Size 484 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R03 | Type Shop | Beds — | Size 358 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R04 | Type Shop | Beds — | Size 389 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R06 | Type Shop | Beds — | Size 516 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R05 | Type Shop | Beds — | Size 556 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R07 | Type Shop | Beds — | Size 682 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R08 | Type Shop | Beds — | Size 2,627 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R02 | Type Shop | Beds — | Size 2,872 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R01 | Type Shop | Beds — | Size 3,714 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
31 unique layouts covering 261 units