SILICON INFORMATION TECHNOLOGY TOWER

Ready

DeveloperSIT TOWER FZCO

CommunitySilicon Oasis

AreaNadd Hessa

Started

18 years 4 months ago22-09-2007

Handover

15 years ago30-12-2010

Status

CompleteFinished

Project Description

Freehold commercial building development located in Dubai Silicon Oasis, the building is designed to have 2B+G+25+HC floors. The building is being constructed as a concrete structure 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

Falling

-8%

Decline

Current:AED 1,002/sqft

Last 12M:AED 1,089/sqft

Momentum: Last 12Mvs Prior Year

Rising

+344%

Growth

Last 12M:AED 1,089/sqft

Prior Year:AED 245/sqft

Community Compare: Last 90DSilicon Oasis

Discount

-15%

Below Avg

Project:AED 1,019/sqft

Community:AED 1,201/sqft

Liquidity: Last 12MExit Speed

Low

1%Turnover

2Sold (Last 12M)

Supply & Demand Matrix

SILICON INFORMATION TECHNOLOGY TOWER averaged 1% 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

8 units

0 sold8 left

Velocity

Office

382 units

2 sold380 left

Velocity

Layouts & Units (391)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 18 units	Type Office	Beds —	Size 1,045 sqft	Avg Price AED 844K	Last Price AED 1.0M	Last Sold 21 days ago	Sales 10

Units 50 units	Type Office	Beds —	Size 808 sqft	Avg Price AED 686K	Last Price AED 950K	Last Sold 9 months ago	Sales 15

Units 44 units	Type Office	Beds —	Size 1,053 sqft	Avg Price AED 843K	Last Price AED 258K	Last Sold almost 2 years ago	Sales 9

Units 50 units	Type Office	Beds —	Size 795 sqft	Avg Price AED 673K	Last Price AED 516K	Last Sold about 8 years ago	Sales 14

Units 49 units	Type Office	Beds —	Size 999 sqft	Avg Price AED 827K	Last Price AED 650K	Last Sold about 8 years ago	Sales 15

Units 34 units	Type Office	Beds —	Size 1,164 sqft	Avg Price AED 999K	Last Price AED 756K	Last Sold about 8 years ago	Sales 14

Units 34 units	Type Office	Beds —	Size 1,297 sqft	Avg Price AED 1.1M	Last Price AED 650K	Last Sold about 8 years ago	Sales 14

Units 17 units	Type Office	Beds —	Size 1,340 sqft	Avg Price AED 1.1M	Last Price AED 650K	Last Sold about 8 years ago	Sales 7

Units 17 units	Type Office	Beds —	Size 2,105 sqft	Avg Price AED 1.7M	Last Price AED 1.4M	Last Sold about 8 years ago	Sales 8

Units 17 units	Type Office	Beds —	Size 1,346 sqft	Avg Price AED 1.1M	Last Price AED 2.4M	Last Sold over 8 years ago	Sales 7

Units 17 units	Type Office	Beds —	Size 2,100 sqft	Avg Price AED 1.8M	Last Price AED 3.7M	Last Sold over 8 years ago	Sales 6

Units 15 units	Type Office	Beds —	Size 1,442 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold over 11 years ago	Sales 1

Units 8 units	Type Office	Beds —	Size 2,170 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold over 11 years ago	Sales 1

Units CANCELLED-S08	Type Shop	Beds —	Size 161 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S05	Type Shop	Beds —	Size 1,094 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S01	Type Shop	Beds —	Size 1,151 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S04	Type Shop	Beds —	Size 1,160 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S02	Type Shop	Beds —	Size 1,232 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S06	Type Shop	Beds —	Size 1,269 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S07	Type Shop	Beds —	Size 1,300 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S03	Type Shop	Beds —	Size 1,339 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2601	Type Gymnasium	Beds GYM	Size 4,960 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Office	Beds —	Size 954 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Office	Beds —	Size 1,052 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2510	Type Office	Beds —	Size 1,722 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Office	Beds —	Size 1,909 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Office	Beds —	Size 2,030 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Office	Beds —	Size 2,151 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2501	Type Office	Beds —	Size 4,166 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

29 unique layouts covering 391 units