AL MANARA

Ready

DeveloperETA STAR PROPERTY DEVELOPERS L.L.C

CommunityBusiness Bay

AreaBusiness Bay

Started

19 years 7 months ago01-06-2006

Handover

14 years 3 months ago26-09-2011

Status

CompleteFinished

Project Description

Freehold commercial tower development located in Business Bay. The building is designed and constructed as 4B+G+ 7P+27 storey high tower formed in a concrete structure with glass and aluminum exterior finish. It will consist of 328 units/offices 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

+15%

Growth

Current:AED 2,147/sqft

Last 12M:AED 1,859/sqft

Momentum: Last 12Mvs Prior Year

Rising

+30%

Growth

Last 12M:AED 1,859/sqft

Prior Year:AED 1,430/sqft

Community Compare: Last 90DBusiness Bay

Discount

-14%

Below Avg

Project:AED 2,147/sqft

Community:AED 2,497/sqft

Liquidity: Last 12MExit Speed

Low

3%Turnover

11Sold (Last 12M)

Supply & Demand Matrix

AL MANARA averaged 3% 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

9 units

0 sold9 left

Velocity

Office

313 units

11 sold302 left

Velocity

Layouts & Units (322)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 2 units	Type Office	Beds —	Size 932 sqft	Avg Price AED 1.4M	Last Price AED 2.0M	Last Sold about 2 months ago	Sales 5

Units 13 units	Type Office	Beds —	Size 1,333 sqft	Avg Price AED 1.5M	Last Price AED 2.7M	Last Sold 3 months ago	Sales 25

Units 6 units	Type Office	Beds —	Size 2,262 sqft	Avg Price AED 2.4M	Last Price AED 3.6M	Last Sold 4 months ago	Sales 11

Units 20 units	Type Office	Beds —	Size 1,006 sqft	Avg Price AED 1.2M	Last Price AED 2.0M	Last Sold 4 months ago	Sales 40

Units 4 units	Type Office	Beds —	Size 1,162 sqft	Avg Price AED 1.4M	Last Price AED 2.3M	Last Sold 6 months ago	Sales 8

Units 5 units	Type Office	Beds —	Size 812 sqft	Avg Price AED 1.1M	Last Price AED 1.7M	Last Sold 7 months ago	Sales 10

Units 3104	Type Office	Beds —	Size 2,188 sqft	Avg Price AED 2.5M	Last Price AED 3.5M	Last Sold 7 months ago	Sales 2

Units 16 units	Type Office	Beds —	Size 1,002 sqft	Avg Price AED 1.2M	Last Price AED 1.5M	Last Sold 8 months ago	Sales 35

Units 13 units	Type Office	Beds —	Size 1,487 sqft	Avg Price AED 1.8M	Last Price AED 3.1M	Last Sold 8 months ago	Sales 28

Units 2 units	Type Office	Beds —	Size 3,342 sqft	Avg Price AED 3.9M	Last Price AED 4.7M	Last Sold about 1 year ago	Sales 7

Units 3205	Type Office	Beds —	Size 2,122 sqft	Avg Price AED 2.3M	Last Price AED 3.0M	Last Sold about 1 year ago	Sales 3

Units 11 units	Type Office	Beds —	Size 662 sqft	Avg Price AED 763K	Last Price AED 1.0M	Last Sold about 1 year ago	Sales 27

Units 15 units	Type Office	Beds —	Size 935 sqft	Avg Price AED 1.1M	Last Price AED 1.5M	Last Sold about 1 year ago	Sales 33

Units 4 units	Type Office	Beds —	Size 1,332 sqft	Avg Price AED 1.7M	Last Price AED 2.1M	Last Sold about 1 year ago	Sales 9

Units 4 units	Type Office	Beds —	Size 1,131 sqft	Avg Price AED 1.0M	Last Price AED 1.3M	Last Sold over 1 year ago	Sales 10

Units 11 units	Type Office	Beds —	Size 814 sqft	Avg Price AED 908K	Last Price AED 1.3M	Last Sold over 1 year ago	Sales 24

Units 9 units	Type Office	Beds —	Size 1,650 sqft	Avg Price AED 1.8M	Last Price AED 2.5M	Last Sold over 1 year ago	Sales 21

Units 2409	Type Office	Beds —	Size 1,396 sqft	Avg Price AED 1.9M	Last Price AED 2.1M	Last Sold over 1 year ago	Sales 2

Units 3402	Type Office	Beds —	Size 4,632 sqft	Avg Price AED 5.5M	Last Price AED 7.4M	Last Sold over 1 year ago	Sales 4

Units 3401	Type Office	Beds —	Size 4,803 sqft	Avg Price AED 5.6M	Last Price AED 7.6M	Last Sold over 1 year ago	Sales 4

Units 2 units	Type Office	Beds —	Size 1,406 sqft	Avg Price AED 1.5M	Last Price AED 2.0M	Last Sold over 1 year ago	Sales 4

Units 3 units	Type Office	Beds —	Size 1,564 sqft	Avg Price AED 1.9M	Last Price AED 2.0M	Last Sold over 1 year ago	Sales 6

Units 17 units	Type Office	Beds —	Size 940 sqft	Avg Price AED 1.0M	Last Price AED 1.3M	Last Sold over 1 year ago	Sales 32

Units 3 units	Type Office	Beds —	Size 1,497 sqft	Avg Price AED 1.4M	Last Price AED 2.0M	Last Sold almost 2 years ago	Sales 5

Units 7 units	Type Office	Beds —	Size 1,512 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold almost 2 years ago	Sales 17

Units 2 units	Type Office	Beds —	Size 947 sqft	Avg Price AED 923K	Last Price AED 1.3M	Last Sold almost 2 years ago	Sales 4

Units 3 units	Type Office	Beds —	Size 655 sqft	Avg Price AED 764K	Last Price AED 745K	Last Sold almost 2 years ago	Sales 9

Units 8 units	Type Office	Beds —	Size 823 sqft	Avg Price AED 908K	Last Price AED 1.1M	Last Sold about 2 years ago	Sales 15

Units 2 units	Type Office	Beds —	Size 2,240 sqft	Avg Price AED 2.2M	Last Price AED 2.7M	Last Sold over 2 years ago	Sales 6

Units 3006	Type Office	Beds —	Size 2,266 sqft	Avg Price AED 2.2M	Last Price AED 2.7M	Last Sold over 2 years ago	Sales 3

Units 1010	Type Office	Beds —	Size 1,017 sqft	Avg Price AED 1.0M	Last Price AED 1.2M	Last Sold over 2 years ago	Sales 2

Units 1614	Type Office	Beds —	Size 847 sqft	Avg Price AED 937K	Last Price AED 890K	Last Sold over 2 years ago	Sales 4

Units 2 units	Type Office	Beds —	Size 1,008 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold over 2 years ago	Sales 6

Units 2 units	Type Office	Beds —	Size 1,507 sqft	Avg Price AED 1.8M	Last Price AED 2.2M	Last Sold over 2 years ago	Sales 4

Units 1609	Type Office	Beds —	Size 1,182 sqft	Avg Price AED 1.3M	Last Price AED 1.2M	Last Sold over 2 years ago	Sales 3

Units 1606	Type Office	Beds —	Size 1,647 sqft	Avg Price AED 1.8M	Last Price AED 1.7M	Last Sold over 2 years ago	Sales 3

Units 3003	Type Office	Beds —	Size 2,257 sqft	Avg Price AED 2.1M	Last Price AED 2.4M	Last Sold about 3 years ago	Sales 3

Units 2 units	Type Office	Beds —	Size 1,530 sqft	Avg Price AED 2.0M	Last Price AED 1.8M	Last Sold about 3 years ago	Sales 4

Units 1306	Type Office	Beds —	Size 1,188 sqft	Avg Price AED 1.0M	Last Price AED 1.3M	Last Sold about 3 years ago	Sales 2

Units 2 units	Type Office	Beds —	Size 2,432 sqft	Avg Price AED 2.1M	Last Price AED 2.3M	Last Sold about 3 years ago	Sales 6

Units 910	Type Office	Beds —	Size 984 sqft	Avg Price AED 901K	Last Price AED 984K	Last Sold over 3 years ago	Sales 3

Units 1110	Type Office	Beds —	Size 1,048 sqft	Avg Price AED 632K	Last Price AED 838K	Last Sold over 3 years ago	Sales 2

Units 3304	Type Office	Beds —	Size 3,318 sqft	Avg Price AED 2.3M	Last Price AED 2.1M	Last Sold over 3 years ago	Sales 3

Units 906	Type Office	Beds —	Size 1,070 sqft	Avg Price AED 1.1M	Last Price AED 800K	Last Sold almost 4 years ago	Sales 2

Units 1415	Type Office	Beds —	Size 919 sqft	Avg Price AED 1.0M	Last Price AED 700K	Last Sold almost 4 years ago	Sales 2

Units 1808	Type Office	Beds —	Size 1,458 sqft	Avg Price AED 1.9M	Last Price AED 1.5M	Last Sold almost 4 years ago	Sales 4

Units 2 units	Type Office	Beds —	Size 1,542 sqft	Avg Price AED 1.3M	Last Price AED 1.5M	Last Sold about 4 years ago	Sales 4

Units 2 units	Type Office	Beds —	Size 1,099 sqft	Avg Price AED 961K	Last Price AED 890K	Last Sold about 4 years ago	Sales 6

Units 1714	Type Office	Beds —	Size 794 sqft	Avg Price AED 903K	Last Price AED 485K	Last Sold about 4 years ago	Sales 5

Units 1701	Type Office	Beds —	Size 976 sqft	Avg Price AED 994K	Last Price AED 690K	Last Sold about 4 years ago	Sales 5

Units 2207	Type Office	Beds —	Size 1,438 sqft	Avg Price AED 1.4M	Last Price AED 933K	Last Sold over 4 years ago	Sales 2

Units 10 units	Type Office	Beds —	Size 819 sqft	Avg Price AED 935K	Last Price AED 574K	Last Sold about 5 years ago	Sales 16

Units 3301	Type Office	Beds —	Size 3,445 sqft	Avg Price AED 2.7M	Last Price AED 1.7M	Last Sold about 5 years ago	Sales 2

Units 2 units	Type Office	Beds —	Size 664 sqft	Avg Price AED 746K	Last Price AED 465K	Last Sold almost 7 years ago	Sales 4

Units 1809	Type Office	Beds —	Size 1,270 sqft	Avg Price AED 1.4M	Last Price AED 1.3M	Last Sold over 7 years ago	Sales 2

Units 2703	Type Office	Beds —	Size 2,252 sqft	Avg Price AED 2.9M	Last Price AED 2.7M	Last Sold over 7 years ago	Sales 3

Units 2 units	Type Office	Beds —	Size 2,374 sqft	Avg Price AED 3.1M	Last Price AED 2.9M	Last Sold over 7 years ago	Sales 5

Units 2407	Type Office	Beds —	Size 1,398 sqft	Avg Price AED 1.5M	Last Price AED 1.3M	Last Sold about 8 years ago	Sales 2

Units 2 units	Type Office	Beds —	Size 1,470 sqft	Avg Price AED 1.8M	Last Price AED 1.5M	Last Sold about 8 years ago	Sales 3

Units 2 units	Type Office	Beds —	Size 1,239 sqft	Avg Price AED 1.4M	Last Price AED 1.5M	Last Sold over 8 years ago	Sales 4

Units 502	Type Office	Beds —	Size 1,763 sqft	Avg Price AED 1.7M	Last Price AED 1.5M	Last Sold almost 9 years ago	Sales 3

Units 2 units	Type Office	Beds —	Size 2,211 sqft	Avg Price AED 2.1M	Last Price AED 1.9M	Last Sold almost 9 years ago	Sales 4

Units 810	Type Office	Beds —	Size 950 sqft	Avg Price AED 1.0M	Last Price AED 824K	Last Sold over 9 years ago	Sales 3

Units 2309	Type Office	Beds —	Size 1,391 sqft	Avg Price AED 1.7M	Last Price AED 1.6M	Last Sold over 9 years ago	Sales 2

Units 2 units	Type Office	Beds —	Size 1,466 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold over 9 years ago	Sales 3

Units 2 units	Type Office	Beds —	Size 1,134 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold over 9 years ago	Sales 2

Units 806	Type Office	Beds —	Size 1,036 sqft	Avg Price AED 974K	Last Price AED 974K	Last Sold over 9 years ago	Sales 1

Units 2708	Type Office	Beds —	Size 1,662 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold over 10 years ago	Sales 2

Units 2701	Type Office	Beds —	Size 1,752 sqft	Avg Price AED 2.4M	Last Price AED 2.4M	Last Sold over 10 years ago	Sales 2

Units 7 units	Type Office	Beds —	Size 2,270 sqft	Avg Price AED 2.5M	Last Price AED 3.1M	Last Sold over 10 years ago	Sales 13

Units 3 units	Type Shop	Beds —	Size 913 sqft	Avg Price AED 968K	Last Price AED 822K	Last Sold over 10 years ago	Sales 3

Units 2 units	Type Office	Beds —	Size 1,382 sqft	Avg Price AED 1.7M	Last Price AED 2.0M	Last Sold almost 11 years ago	Sales 4

Units 2 units	Type Office	Beds —	Size 1,419 sqft	Avg Price AED 1.3M	Last Price AED 1.1M	Last Sold about 11 years ago	Sales 3

Units R07	Type Shop	Beds —	Size 898 sqft	Avg Price AED 584K	Last Price AED 584K	Last Sold about 11 years ago	Sales 1

Units 1705	Type Office	Beds —	Size 1,319 sqft	Avg Price AED 1.5M	Last Price AED 1.9M	Last Sold about 11 years ago	Sales 3

Units 3 units	Type Office	Beds —	Size 1,556 sqft	Avg Price AED 1.8M	Last Price AED 1.9M	Last Sold over 11 years ago	Sales 6

Units R701	Type Shop	Beds —	Size 2,640 sqft	Avg Price AED 2.4M	Last Price AED 2.4M	Last Sold over 11 years ago	Sales 1

Units 2 units	Type Office	Beds —	Size 1,340 sqft	Avg Price AED 1.4M	Last Price AED 1.7M	Last Sold almost 12 years ago	Sales 3

Units 2 units	Type Office	Beds —	Size 1,075 sqft	Avg Price AED 1.5M	Last Price AED 1.6M	Last Sold almost 12 years ago	Sales 3

Units 2 units	Type Office	Beds —	Size 2,290 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold almost 12 years ago	Sales 2

Units 2 units	Type Office	Beds —	Size 1,457 sqft	Avg Price AED 1.4M	Last Price AED 991K	Last Sold almost 12 years ago	Sales 3

Units 2 units	Type Office	Beds —	Size 1,638 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold almost 12 years ago	Sales 4

Units 3201	Type Office	Beds —	Size 1,167 sqft	Avg Price AED 1.6M	Last Price AED 1.7M	Last Sold almost 12 years ago	Sales 2

Units 1515	Type Office	Beds —	Size 873 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold about 12 years ago	Sales 1

Units 602	Type Office	Beds —	Size 1,743 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold about 12 years ago	Sales 1

Units 3204	Type Office	Beds —	Size 2,124 sqft	Avg Price AED 2.1M	Last Price AED 3.0M	Last Sold about 12 years ago	Sales 2

Units R01	Type Shop	Beds —	Size 1,044 sqft	Avg Price AED 1.2M	Last Price AED 1.0M	Last Sold about 12 years ago	Sales 3

Units 2209	Type Office	Beds —	Size 1,372 sqft	Avg Price AED 1.5M	Last Price AED 1.3M	Last Sold over 12 years ago	Sales 2

Units 2107	Type Office	Beds —	Size 1,452 sqft	Avg Price AED 1.5M	Last Price AED 1.4M	Last Sold over 12 years ago	Sales 2

Units R05	Type Shop	Beds —	Size 624 sqft	Avg Price AED 699K	Last Price AED 699K	Last Sold over 12 years ago	Sales 1

Units R04	Type Shop	Beds —	Size 904 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold over 12 years ago	Sales 1

Units 2 units	Type Office	Beds —	Size 1,474 sqft	Avg Price AED 2.3M	Last Price AED 2.9M	Last Sold over 12 years ago	Sales 2

Units 1605	Type Office	Beds —	Size 1,265 sqft	Avg Price AED 1.4M	Last Price AED 1.2M	Last Sold over 12 years ago	Sales 2

Units 2 units	Type Office	Beds —	Size 1,103 sqft	Avg Price AED 1.1M	Last Price AED 1.5M	Last Sold over 12 years ago	Sales 3

Units 2 units	Type Office	Beds —	Size 1,351 sqft	Avg Price AED 2.6M	Last Price AED 2.6M	Last Sold over 12 years ago	Sales 1

Units 1501	Type Office	Beds —	Size 870 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 12 years ago	Sales 1

Units 3101	Type Office	Beds —	Size 1,299 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold over 12 years ago	Sales 1

Units 1806	Type Office	Beds —	Size 1,599 sqft	Avg Price AED 2.6M	Last Price AED 2.6M	Last Sold over 12 years ago	Sales 1

Units 3108	Type Office	Beds —	Size 1,207 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold over 12 years ago	Sales 1

Units 1406	Type Office	Beds —	Size 1,217 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold over 12 years ago	Sales 1

Units 1909	Type Office	Beds —	Size 1,294 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold over 12 years ago	Sales 1

Units 1908	Type Office	Beds —	Size 1,443 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold over 12 years ago	Sales 1

Units 1906	Type Office	Beds —	Size 1,581 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold over 12 years ago	Sales 1

Units 1901	Type Office	Beds —	Size 1,672 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold over 12 years ago	Sales 1

Units 2608	Type Office	Beds —	Size 1,762 sqft	Avg Price AED 2.0M	Last Price AED 1.8M	Last Sold over 12 years ago	Sales 2

Units 2605	Type Office	Beds —	Size 2,403 sqft	Avg Price AED 2.7M	Last Price AED 2.4M	Last Sold over 12 years ago	Sales 2

Units 2 units	Type Office	Beds —	Size 1,856 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold over 12 years ago	Sales 4

Units 2604	Type Office	Beds —	Size 2,400 sqft	Avg Price AED 2.7M	Last Price AED 2.4M	Last Sold over 12 years ago	Sales 2

Units 1713	Type Office	Beds —	Size 981 sqft	Avg Price AED 1.1M	Last Price AED 883K	Last Sold over 12 years ago	Sales 2

Units 2405	Type Office	Beds —	Size 1,490 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold over 12 years ago	Sales 1

Units 2 units	Type Office	Beds —	Size 1,427 sqft	Avg Price AED 1.5M	Last Price AED 2.0M	Last Sold almost 13 years ago	Sales 3

Units 2009	Type Office	Beds —	Size 1,316 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold almost 13 years ago	Sales 1

Units 2501	Type Office	Beds —	Size 1,949 sqft	Avg Price AED 1.7M	Last Price AED 1.2M	Last Sold almost 13 years ago	Sales 2

Units 2 units	Type Office	Beds —	Size 2,333 sqft	Avg Price AED 2.1M	Last Price AED 1.4M	Last Sold almost 13 years ago	Sales 4

Units 1706	Type Office	Beds —	Size 1,618 sqft	Avg Price AED 1.7M	Last Price AED 1.3M	Last Sold almost 13 years ago	Sales 2

Units R08	Type Shop	Beds —	Size 2,918 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1401	Type Office	Beds —	Size 888 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1801	Type Office	Beds —	Size 1,535 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3105	Type Office	Beds —	Size 2,186 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

119 unique layouts covering 322 units