DIAMOND BUSINESS CENTER
MatureDeveloperDIAMOND DEVELOPERS CO.LIMITED
CommunityArjan
Started
16 years 10 months ago01-03-2009
Handover
12 years 10 months ago05-03-2013
Status
CompleteFinished
Project Description
Freehold commercial building development located in Arjan. The building is designed and constructed as a B+G+4 storey high building formed in a steel structure with external finishes. The office units will be handed over as ?shell and core? to be individually fitted by their respective owners.
Performance Alpha
Sales Performance
Market Sales: Last 90Dvs Last 12M Baseline
Falling-3%Decline
Current:AED 1,039/sqft
Last 12M:AED 1,071/sqft
Momentum: Last 12Mvs Prior Year
Rising+17%Growth
Last 12M:AED 1,071/sqft
Prior Year:AED 912/sqft
Community Compare: Last 90DArjan
Discount-45%Below Avg
Project:AED 1,039/sqft
Community:AED 1,881/sqft
Liquidity: Last 12MExit Speed
High25%Turnover
48Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,133/sqft
Range:AED 104 – AED 3K
Avg Unit:AED 69K/yr
Leasing Volume: L12MContracts Signed
Very Active186Total
New:95
Renew:91
Tenant RetentionRenewal Rate
Good49%renewals
51% new tenants49% renewals
Gross YieldAnnual Return
High Yield109.0%Yield
Rent:AED 1,133/sqft
Price:AED 1,039/sqft
Supply & Demand Matrix
DIAMOND BUSINESS CENTER averaged 25% 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
Shop
27 units
7 sold20 left
26%
Velocity
Office
168 units
41 sold127 left
24%
Velocity
Layouts & Units (195)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Building | Inventory 0units | Size Range 110,217-110,217sqft | Price Range — | Avg PSF 165 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 623-943sqft | Price Range — | Avg PSF 10,304 | Sales 0 | Trend — | |
Asset Class OfficeFloors 1-4 | Inventory 168units 37 layouts · Typically 1.1 parking | Size Range 261-982sqft | Price Range AED 100K - AED 1.4M | Avg PSF 879 | Sales 241 | Trend — | |
Asset Class ShopPodium | Inventory 27units 24 layouts · Typically 1.1 parking | Size Range 507-1,246sqft | Price Range AED 288K - AED 1.7M | Avg PSF 1,120 | Sales 41 | Trend — |
Grouped into 4 asset classes covering 195 units