ICON TOWER
MatureDeveloperAL JAWI INVESTMENT (L. L. C)
CommunityBarsha Heights
AreaAl Thanyah First
Started
18 years ago16-01-2008
Handover
16 years 6 months ago20-07-2009
Status
CompleteFinished
Performance Alpha
Rent Pricing: L12MPer Sqft / Year
AED 1,307/sqft
Range:AED 475 – AED 4K
Avg Unit:AED 270K/yr
Leasing Volume: L12MContracts Signed
Very Active62Total
New:23
Renew:39
Tenant RetentionRenewal Rate
Excellent63%renewals
37% new tenants63% renewals
Gross YieldAnnual Return
High Yield152.0%Yield
Rent:AED 1,307/sqft
Price:AED 860/sqft
Supply & Demand Matrix
ICON TOWER averaged 0% 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
3 units
0 sold3 left
0%
Velocity
Office
64 units
0 sold64 left
0%
Velocity
Layouts & Units (67)
| Property Type | Contracts (L12M) | Size Range | Rent Range (PSF) | Avg Rent/Sqft | Avg Annual | |
|---|---|---|---|---|---|---|
Property Type Officeoffice | Contracts 945 | Size Range 105-538sqft | Rent Range 107-1,946 | Avg Rent/Sqft 813AED | Avg Annual AED 130K | |
Property Type Shopretail | Contracts 35 | Size Range 135-570sqft | Rent Range 329-3,770 | Avg Rent/Sqft 1,353AED | Avg Annual AED 401K | |
Property Type Coffe shop,Fast Foodretail | Contracts 10 | Size Range — | Rent Range — | Avg Rent/Sqft — | Avg Annual AED 390K | |
Property Type Warehousewarehouse | Contracts 10 | Size Range 21-52sqft | Rent Range 231-8,305 | Avg Rent/Sqft 2,445AED | Avg Annual AED 83K |
1,000 rental contracts grouped into 4 property types