I - RISE TOWER

Mature
Started
18 years 1 month ago29-11-2007
Handover
14 years 9 months ago29-03-2011
Status
CompleteFinished
Project Description

Freehold commercial use building located in Emirates Hills Second. The development consists of (3B+G+M+6P+30). It is designed to be 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

Market Sales: Last 90Dvs Last 12M Baseline
Rising
+22%
Growth
Current:AED 2,359/sqft
Last 12M:AED 1,926/sqft
Momentum: Last 12Mvs Prior Year
Rising
+48%
Growth
Last 12M:AED 1,926/sqft
Prior Year:AED 1,300/sqft
Community Compare: Last 90DBarsha Heights
Premium
+38%
Above Avg
Project:AED 2,359/sqft
Community:AED 1,709/sqft
Liquidity: Last 12MExit Speed
High
23%Turnover
109Sold (Last 12M)

Supply & Demand Matrix

I - RISE TOWER averaged 23% 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
31 units
10%
Velocity
Office
436 units
24%
Velocity

Layouts & Units (467)

Asset Class
Land
Inventory
0units
Size Range
925-20,335sqft
Price Range
Avg PSF
14,170
Sales
0
Trend
Asset Class
OfficeFloors 7-36
Inventory
436units
120 layouts · Typically 2 parking
Size Range
202-20,335sqft
Price Range
AED 50K - AED 23.2M
Avg PSF
1,168
Sales
770
Trend
Asset Class
ShopPodium
Inventory
31units
28 layouts · Typically 1.5 parking
34-279 sqm balcony
Size Range
292-13,437sqft
Price Range
AED 147K - AED 23.5M
Avg PSF
1,121
Sales
62
Trend
Asset Class
Villa
Inventory
0units
Size Range
109,378-109,378sqft
Price Range
Avg PSF
3,108
Sales
0
Trend

Grouped into 4 asset classes covering 467 units

I - RISE TOWER in Barsha Heights - Prices and Units | Property Index