Bayz Tower
ResaleDeveloperDANUBE PROPERTIES DEVELOPMENT L.L.C
CommunityBusiness Bay
AreaBusiness Bay
Started
8 years 8 months ago01-05-2017
Handover
4 years 8 months ago03-05-2021
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 2B+G+4P+HC+24+R RESIDENTIAL BUILDING WITH RETAIL AT GROUND FLOOR LOCATED IN BUSINESS BAY. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+24%
GrowthCurrent:AED 2,548/sqft
Last 12M:AED 2,063/sqft
Momentum: Last 12Mvs Prior Year
Rising+25%
GrowthLast 12M:AED 2,063/sqft
Prior Year:AED 1,649/sqft
Community Compare: Last 90DBusiness Bay
Discount-4%
Below AvgProject:AED 2,534/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
56Sold (Last 12M)
Supply & Demand Matrix
Bayz 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
264 units
31 sold233 left
12%
Velocity
1 Bedroom
120 units
9 sold111 left
8%
Velocity
2 Bedrooms
48 units
4 sold44 left
8%
Velocity
3 Bedrooms
24 units
1 sold23 left
4%
Velocity
Shop
7 units
11 sold-4 left
157%
Velocity
Layouts & Units (463)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 6-29 | Inventory 264units 8 layouts · Typically 1 parking ~6 sqm balcony | Size Range 204-473sqft | Price Range AED 500K - AED 1.0M | Avg PSF 1,661 | Sales 114 | Trend — | |
Asset Class 1 Bed FlatFloors 6-29 | Inventory 120units 15 layouts · Typically 1 parking 6-16 sqm balcony | Size Range 405-881sqft | Price Range AED 680K - AED 1.5M | Avg PSF 1,437 | Sales 43 | Trend — | |
Asset Class 2 Bed FlatFloors 6-29 | Inventory 48units 6 layouts · Typically 1 parking 17-20 sqm balcony | Size Range 1,124-1,148sqft | Price Range AED 1.3M - AED 1.7M | Avg PSF 1,265 | Sales 16 | Trend — | |
Asset Class 3 Bed FlatFloors 6-29 | Inventory 24units 6 layouts · Typically 2 parking ~25 sqm balcony | Size Range 675-1,365sqft | Price Range AED 1.8M - AED 2.2M | Avg PSF 1,245 | Sales 4 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 61,449-61,449sqft | Price Range AED 64.0M - AED 64.0M | Avg PSF 960 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 7units 7 layouts · Typically 2 parking | Size Range 563-1,388sqft | Price Range AED 1.6M - AED 5.4M | Avg PSF 3,072 | Sales 11 | Trend — |
Grouped into 6 asset classes covering 463 units