THE LIGHT
ResaleDeveloperACW HOLDING LTD
CommunityArjan
Started
16 years 9 months ago07-04-2009
Handover
13 years 9 months ago23-04-2012
Status
CompleteFinished
Project Description
Freehold commercial building development located in Arjan. The building is designed and constructed as a 2B+G+10 storey high building with external finishes. The office units will be handed over as ?core and shell? to be individually fitted by their respective owners.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+6%Growth
Current:AED 1,055/sqft
Last 12M:AED 996/sqft
Momentum: Last 12Mvs Prior Year
Rising+27%Growth
Last 12M:AED 996/sqft
Prior Year:AED 783/sqft
Community Compare: Last 90DArjan
Discount-44%Below Avg
Project:AED 1,055/sqft
Community:AED 1,881/sqft
Liquidity: Last 12MExit Speed
Moderate13%Turnover
18Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,072/sqft
Range:AED 3 – AED 2K
Avg Unit:AED 69K/yr
Leasing Volume: L12MContracts Signed
Very Active125Total
New:63
Renew:62
Tenant RetentionRenewal Rate
Good50%renewals
50% new tenants50% renewals
Gross YieldAnnual Return
High Yield101.6%Yield
Rent:AED 1,072/sqft
Price:AED 1,055/sqft
Supply & Demand Matrix
THE LIGHT averaged 13% 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
20 units
2 sold18 left
10%
Velocity
Office
123 units
16 sold107 left
13%
Velocity
Layouts & Units (143)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Building | Inventory 0units | Size Range 48,773-48,773sqft | Price Range — | Avg PSF 360 | Sales 0 | Trend — | |
Asset Class OfficeFloors 1-9 | Inventory 123units 37 layouts · Typically 1.2 parking ~78 sqm balcony | Size Range 87-3,654sqft | Price Range AED 100K - AED 3.2M | Avg PSF 789 | Sales 128 | Trend — | |
Asset Class ShopPodium | Inventory 20units 19 layouts · Typically 1.7 parking 24-34 sqm balcony | Size Range 483-1,581sqft | Price Range AED 383K - AED 1.7M | Avg PSF 961 | Sales 23 | Trend — |
Grouped into 3 asset classes covering 143 units