15 Northside
ResaleDeveloperSELECT GLOBAL DEVELOPMENT L.L.C
CommunityBusiness Bay
AreaBusiness Bay
Started
5 years 1 month ago01-12-2020
Handover
2 years 9 months ago25-04-2023
Status
CompleteFinished
Project Description
Mixed use tower, consists of: 2B + G + M + 2P + HC + 21 + R
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-25%
DeclineCurrent:AED 1,579/sqft
Last 12M:AED 2,098/sqft
Momentum: Last 12Mvs Prior Year
Falling-9%
DeclineLast 12M:AED 2,098/sqft
Prior Year:AED 2,304/sqft
Community Compare: Last 90DBusiness Bay
Discount-40%
Below AvgProject:AED 1,579/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate14%Turnover
49Sold (Last 12M)
Supply & Demand Matrix
15 Northside averaged 14% 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
Studio
127 units
23 sold104 left
18%
Velocity
1 Bedroom
160 units
20 sold140 left
13%
Velocity
2 Bedrooms
58 units
6 sold52 left
10%
Velocity
3 Bedrooms
3 units
0 sold3 left
0%
Velocity
4 Bedrooms
1 units
0 sold1 left
0%
Velocity
Shop
9 units
0 sold9 left
0%
Velocity
Layouts & Units (358)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-21 | Inventory 127units 32 layouts · Typically 1 parking 2-3 sqm balcony | Size Range 57-392sqft | Price Range AED 16K - AED 1.1M | Avg PSF 1,911 | Sales 84 | Trend — | |
Asset Class 1 Bed FlatFloors 1-21 | Inventory 160units 119 layouts · Typically 1 parking 2-120 sqm balcony | Size Range 281-1,967sqft | Price Range AED 47K - AED 2.8M | Avg PSF 1,903 | Sales 80 | Trend — | |
Asset Class 2 Bed FlatFloors 1-21 | Inventory 58units 47 layouts · Typically 1 parking 5-136 sqm balcony | Size Range 558-2,473sqft | Price Range AED 1.8M - AED 3.1M | Avg PSF 1,817 | Sales 21 | Trend — | |
Asset Class 3 Bed FlatFloors 3-7 | Inventory 3units 3 layouts · Typically 1 parking 11-33 sqm balcony | Size Range 1,487-1,733sqft | Price Range AED 3.5M - AED 3.5M | Avg PSF 1,850 | Sales 1 | Trend — | |
Asset Class 4 Bed FlatFloor 8 | Inventory 1units Typically 2 parking ~50 sqm balcony | Size Range 3,141-3,141sqft | Price Range AED 5.9M - AED 5.9M | Avg PSF 1,879 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 9units 9 layouts · Typically 1 parking | Size Range 1,082-2,741sqft | Price Range AED 6.3M - AED 6.3M | Avg PSF 1,566 | Sales 1 | Trend — |
Grouped into 6 asset classes covering 358 units