BAY'S EDGE
ResaleDeveloperDAMAC DEVELOPMENT(L L C)
CommunityBusiness Bay
AreaBusiness Bay
Started
12 years 8 months ago20-05-2013
Handover
10 years ago31-12-2015
Status
CompleteFinished
Project Description
Freehold residential tower in Business Bay area. The tower is designed as G+3P+19. The tower is designed to provide deluxe hotel apartments and to be constructed out of concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-6%
DeclineCurrent:AED 1,553/sqft
Last 12M:AED 1,652/sqft
Momentum: Last 12Mvs Prior Year
Stable-1%
DeclineLast 12M:AED 1,652/sqft
Prior Year:AED 1,664/sqft
Community Compare: Last 90DBusiness Bay
Discount-41%
Below AvgProject:AED 1,553/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
26Sold (Last 12M)
Supply & Demand Matrix
BAY'S EDGE averaged 10% 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
70 units
4 sold66 left
6%
Velocity
1 Bedroom
108 units
15 sold93 left
14%
Velocity
2 Bedrooms
62 units
6 sold56 left
10%
Velocity
3 Bedrooms
13 units
1 sold12 left
8%
Velocity
Shop
8 units
0 sold8 left
0%
Velocity
Layouts & Units (261)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 4-21 | Inventory 12units 5 layouts · Typically 1 parking 7-12 sqm balcony | Size Range 425-484sqft | Price Range AED 590K - AED 900K | Avg PSF 1,689 | Sales 12 | Trend — | |
Asset Class 1 Bed FlatFloors 6-22 | Inventory 28units 11 layouts · Typically 1 parking 7-14 sqm balcony | Size Range 845-2,346sqft | Price Range AED 895K - AED 1.5M | Avg PSF 1,445 | Sales 15 | Trend — | |
Asset Class 2 Bed FlatFloors 5-22 | Inventory 25units 7 layouts · Typically 1 parking 21-24 sqm balcony | Size Range 1,254-2,320sqft | Price Range AED 1.4M - AED 2.0M | Avg PSF 1,420 | Sales 10 | Trend — | |
Asset Class 3 Bed FlatFloors 11-17 | Inventory 3units 2 layouts · Typically 1 parking ~38 sqm balcony | Size Range 2,234-2,346sqft | Price Range — | Avg PSF 1,700 | Sales 0 | Trend — | |
Asset Class 1 Bed Hotel ApartmentFloors 5-21 | Inventory 80units 15 layouts · Typically 1 parking 7-14 sqm balcony | Size Range 161-2,346sqft | Price Range AED 328K - AED 2.0M | Avg PSF 1,495 | Sales 48 | Trend — | |
Asset Class 2 Bed Hotel ApartmentFloors 5-21 | Inventory 37units 5 layouts · Typically 1 parking 21-24 sqm balcony | Size Range 1,254-2,320sqft | Price Range AED 1.4M - AED 3.1M | Avg PSF 1,487 | Sales 9 | Trend — | |
Asset Class 3 Bed Hotel ApartmentFloors 6-17 | Inventory 10units 4 layouts · Typically 1 parking 28-38 sqm balcony | Size Range 1,720-2,346sqft | Price Range AED 1.5M - AED 3.4M | Avg PSF 1,419 | Sales 7 | Trend — | |
Asset Class Hotel ApartmentFloors 4-21 | Inventory 58units 6 layouts · Typically 1 parking 7-12 sqm balcony | Size Range 213-480sqft | Price Range AED 513K - AED 1.1M | Avg PSF 1,825 | Sales 31 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 855-52,588sqft | Price Range AED 59.2M - AED 121.0M | Avg PSF 2,241 | Sales 2 | Trend — | |
Asset Class ShopPodium + Floor 4 | Inventory 8units 8 layouts · Typically 1.6 parking ~24 sqm balcony | Size Range 358-3,714sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 10 asset classes covering 261 units