AVANTI TOWER
ResaleDeveloperDAMAC STAR PROPERTIES (L L C)
CommunityBusiness Bay
AreaBusiness Bay
Started
11 years 5 months ago01-08-2014
Handover
7 years 1 month ago16-12-2018
Status
CompleteFinished
Project Description
Project consists of G+3P+12 building located in Business Bay area with building type as serviced apartment. It is designed to have a block work with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+10%
GrowthCurrent:AED 1,526/sqft
Last 12M:AED 1,393/sqft
Momentum: Last 12Mvs Prior Year
Rising+10%
GrowthLast 12M:AED 1,393/sqft
Prior Year:AED 1,262/sqft
Community Compare: Last 90DBusiness Bay
Discount-42%
Below AvgProject:AED 1,526/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
20Sold (Last 12M)
Supply & Demand Matrix
AVANTI TOWER averaged 12% 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
62 units
7 sold55 left
11%
Velocity
1 Bedroom
65 units
9 sold56 left
14%
Velocity
2 Bedrooms
29 units
4 sold25 left
14%
Velocity
3 Bedrooms
2 units
0 sold2 left
0%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (161)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 4-15 | Inventory 56units 24 layouts · Typically 0.8 parking 5-12 sqm balcony | Size Range 360-2,003sqft | Price Range AED 495K - AED 780K | Avg PSF 1,558 | Sales 24 | Trend — | |
Asset Class 1 Bed FlatFloors 4-15 | Inventory 53units 26 layouts · Typically 0.8 parking 6-26 sqm balcony | Size Range 682-1,913sqft | Price Range AED 883K - AED 1.5M | Avg PSF 1,390 | Sales 18 | Trend — | |
Asset Class 2 Bed FlatFloors 4-15 | Inventory 27units 18 layouts · Typically 1 parking 9-44 sqm balcony | Size Range 1,211-1,572sqft | Price Range AED 1.1M - AED 2.0M | Avg PSF 1,351 | Sales 9 | Trend — | |
Asset Class 3 Bed FlatFloors 8-15 | Inventory 2units 2 layouts · Typically 1 parking 11-23 sqm balcony | Size Range 1,691-1,820sqft | Price Range AED 2.3M - AED 2.3M | Avg PSF 1,669 | Sales 1 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 34,837-34,837sqft | Price Range AED 31.4M - AED 31.4M | Avg PSF 875 | Sales 1 | Trend — | |
Asset Class 1 Bed Hotel ApartmentFloors 4-13 | Inventory 12units 11 layouts · Typically 1 parking 11-13 sqm balcony | Size Range 695-1,439sqft | Price Range AED 890K - AED 1.3M | Avg PSF 1,508 | Sales 7 | Trend — | |
Asset Class Hotel ApartmentFloors 4-10 | Inventory 6units 5 layouts · Typically 1 parking 6-10 sqm balcony | Size Range 384-563sqft | Price Range — | Avg PSF 2,006 | Sales 0 | Trend — | |
Asset Class 2 Bed Hotel ApartmentFloors 5-13 | Inventory 2units 2 layouts · Typically 1 parking 12-18 sqm balcony | Size Range 1,294-1,299sqft | Price Range AED 1.3M - AED 1.3M | Avg PSF 1,507 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 3units 3 layouts · Typically 1 parking | Size Range 750-976sqft | Price Range — | Avg PSF 1,413 | Sales 0 | Trend — |
Grouped into 9 asset classes covering 161 units