B2B TOWER
ResaleDeveloperTHE DEVELOPER PROPERTIES L.L.C
CommunityBusiness Bay
AreaBusiness Bay
Started
17 years 4 months ago25-09-2008
Handover
10 years 9 months ago01-04-2015
Status
CompleteFinished
Project Description
Freehold commercial tower development in Business Bay. The building is designed to be constructed as 2B+G+4P+19 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
Blended: Last 90Dvs Last 12M Baseline
Rising+10%
GrowthCurrent:AED 2,423/sqft
Last 12M:AED 2,193/sqft
Momentum: Last 12Mvs Prior Year
Rising+28%
GrowthLast 12M:AED 2,193/sqft
Prior Year:AED 1,720/sqft
Community Compare: Last 90DBusiness Bay
Discount-8%
Below AvgProject:AED 2,423/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate16%Turnover
43Sold (Last 12M)
Supply & Demand Matrix
B2B TOWER averaged 16% 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
Shop
3 units
0 sold3 left
0%
Velocity
Office
260 units
43 sold217 left
17%
Velocity
Layouts & Units (263)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Land | Inventory 0units | Size Range 648-48,797sqft | Price Range AED 48.8M - AED 52.3M | Avg PSF 6,243 | Sales 2 | Trend — | |
Asset Class OfficeFloors 5-23 | Inventory 260units 178 layouts · Typically 1.5 parking | Size Range 207-857sqft | Price Range AED 250K - AED 2.1M | Avg PSF 1,425 | Sales 274 | Trend — | |
Asset Class ShopPodium | Inventory 3units 3 layouts · Typically 6.7 parking | Size Range 2,660-3,864sqft | Price Range AED 6.7M - AED 10.0M | Avg PSF 2,328 | Sales 4 | Trend — |
Grouped into 3 asset classes covering 263 units