BAYSWATER
ResaleCommunityBusiness Bay
AreaBusiness Bay
Started
18 years 11 months ago18-02-2007
Handover
15 years 7 months ago30-05-2010
Status
CompleteFinished
Project Description
Freehold commercial tower development in Dubai Business Bay. The building is designed and constructed as 2B+G+4P+PR+24. The tower is being constructed out of concrete structure and block with 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+17%
GrowthCurrent:AED 2,290/sqft
Last 12M:AED 1,961/sqft
Momentum: Last 12Mvs Prior Year
Rising+21%
GrowthLast 12M:AED 1,961/sqft
Prior Year:AED 1,623/sqft
Community Compare: Last 90DBusiness Bay
Discount-19%
Below AvgProject:AED 2,143/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
20Sold (Last 12M)
Supply & Demand Matrix
BAYSWATER 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
11 units
0 sold11 left
0%
Velocity
Office
281 units
20 sold261 left
7%
Velocity
Layouts & Units (292)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Land | Inventory 0units | Size Range 58,234-58,234sqft | Price Range AED 69.9M - AED 69.9M | Avg PSF 1,200 | Sales 1 | Trend — | |
Asset Class OfficePodium + Floors 1-24 | Inventory 281units 122 layouts · Typically 1.3 parking | Size Range 188-8,909sqft | Price Range AED 150K - AED 15.4M | Avg PSF 1,157 | Sales 555 | Trend — | |
Asset Class ShopPodium | Inventory 11units 11 layouts · Typically 1.5 parking | Size Range 233-2,121sqft | Price Range AED 452K - AED 3.8M | Avg PSF 1,797 | Sales 22 | Trend — |
Grouped into 3 asset classes covering 292 units