THE ONE TOWER
MatureCommunityBarsha Heights
AreaAl Thanyah First
Started
16 years 7 months ago16-06-2009
Handover
11 years 5 months ago14-08-2014
Status
CompleteFinished
Project Description
Freehold commercial building located in AL THANYAH THIRD. The building is designed and constructed as a 4B+G+6P+41, formed in a concrete structure with external and internal finishes. The office units will be handed over as ?core and shell? to be individually fitted by their respective owners.
Performance Alpha
Rent Pricing: L12MPer Sqft / Year
AED 1,304/sqft
Range:AED 1 – AED 4K
Avg Unit:AED 87K/yr
Leasing Volume: L12MContracts Signed
Very Active476Total
New:212
Renew:264
Tenant RetentionRenewal Rate
Good55%renewals
45% new tenants55% renewals
Gross YieldAnnual Return
High Yield64.2%Yield
Rent:AED 1,304/sqft
Price:AED 2,030/sqft
Supply & Demand Matrix
THE ONE TOWER averaged 27% 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
3 Bedrooms
2 units
1 sold1 left
50%
Velocity
Shop
2 units
1 sold1 left
50%
Velocity
Office
185 units
49 sold136 left
26%
Velocity
Layouts & Units (191)
| Property Type | Contracts (L12M) | Size Range | Rent Range (PSF) | Avg Rent/Sqft | Avg Annual | |
|---|---|---|---|---|---|---|
Property Type Officeoffice | Contracts 995 | Size Range 22-3,272sqft | Rent Range 1-3,639 | Avg Rent/Sqft 1,239AED | Avg Annual AED 80K | |
Property Type Clinichealthcare | Contracts 3 | Size Range 154-154sqft | Rent Range 937-1,031 | Avg Rent/Sqft 968AED | Avg Annual AED 149K | |
Property Type Shopfitness-wellness | Contracts 2 | Size Range 173-173sqft | Rent Range 1,181-1,240 | Avg Rent/Sqft 1,211AED | Avg Annual AED 209K |
1,000 rental contracts grouped into 3 property types