51@BUSINESS BAY
MatureDeveloperDEYAAR DEVELOPMENT (P.J.S.C)
CommunityBusiness Bay
AreaBusiness Bay
Started
17 years 11 months ago12-02-2008
Handover
13 years 11 months ago09-02-2012
Status
CompleteFinished
Project Description
Freehold commercial development in Business Bay. The building is designed to be constructed as 4B+G+3P+17 formed in a concrete structure with its 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
Falling-6%
DeclineCurrent:AED 1,750/sqft
Last 12M:AED 1,865/sqft
Momentum: Last 12Mvs Prior Year
Rising+35%
GrowthLast 12M:AED 1,865/sqft
Prior Year:AED 1,381/sqft
Community Compare: Last 90DBusiness Bay
Discount-34%
Below AvgProject:AED 1,750/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
13Sold (Last 12M)
Supply & Demand Matrix
51@BUSINESS BAY averaged 7% 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
12 units
0 sold12 left
0%
Velocity
Office
164 units
13 sold151 left
8%
Velocity
Layouts & Units (176)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Land | Inventory 0units | Size Range 598-46,123sqft | Price Range AED 54.2M - AED 54.2M | Avg PSF 13,019 | Sales 1 | Trend — | |
Asset Class OfficeFloors 1-17 | Inventory 164units 32 layouts · Typically 1.4 parking 4-19 sqm balcony | Size Range 573-1,553sqft | Price Range AED 19K - AED 2.7M | Avg PSF 1,176 | Sales 185 | Trend — | |
Asset Class ShopPodium | Inventory 12units 12 layouts · Typically 1 parking | Size Range 207-1,356sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 3 asset classes covering 176 units