BURJ PACIFIC
HandoverDeveloperPacific Ventures Limited
CommunityBusiness Bay
AreaBusiness Bay
Started
14 years ago01-01-2012
Handover
2 years 11 months ago31-01-2023
Status
99% BuiltIn Progress
Project Description
Freehold residential building development in Dubai Business Bay that is designed to 2B+G+3P+19+R floors high and a total of 129 units. The building will be constructed out of concrete structure with its internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+4%
GrowthCurrent:AED 1,450/sqft
Last 12M:AED 1,396/sqft
Momentum: Last 12Mvs Prior Year
Falling-7%
DeclineLast 12M:AED 1,396/sqft
Prior Year:AED 1,500/sqft
Community Compare: Last 90DBusiness Bay
Discount-45%
Below AvgProject:AED 1,450/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate13%Turnover
19Sold (Last 12M)
Supply & Demand Matrix
BURJ PACIFIC averaged 13% liquidity over the last 12 months, which is considered moderate. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
1 Bedroom
50 units
4 sold46 left
8%
Velocity
2 Bedrooms
59 units
8 sold51 left
14%
Velocity
3 Bedrooms
26 units
6 sold20 left
23%
Velocity
PENTHOUSE
8 units
1 sold7 left
13%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (145)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Flat | Inventory 0units | Size Range 1,893-4,013sqft | Price Range AED 805K - AED 4.2M | Avg PSF 867 | Sales 12 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 6-22 | Inventory 50units 4 layouts · Typically 1 parking | Size Range 797-4,532sqft | Price Range AED 302K - AED 2.9M | Avg PSF 795 | Sales 96 | Trend — | |
Asset Class 2 Bed FlatFloors 6-22 | Inventory 59units 5 layouts · Typically 1 parking | Size Range 1,446-2,034sqft | Price Range AED 196K - AED 3.1M | Avg PSF 822 | Sales 105 | Trend — | |
Asset Class 3 Bed FlatFloors 6-22 | Inventory 26units 3 layouts · Typically 1 parking | Size Range 2,153-2,906sqft | Price Range AED 784K - AED 5.0M | Avg PSF 842 | Sales 49 | Trend — | |
Asset Class 22 Bed FlatFloor 4 | Inventory 8units 5 layouts · Typically 1 parking | Size Range 1,893-4,013sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class 49 Bed GymnasiumPodium | Inventory 1units Typically 1 parking | Size Range 5,813-5,813sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Gymnasium | Inventory 0units | Size Range 5,813-5,813sqft | Price Range AED 2.0M - AED 4.5M | Avg PSF 613 | Sales 4 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 49,046-49,046sqft | Price Range AED 61.3M - AED 61.3M | Avg PSF 1,250 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 1 parking | Size Range 16,910-16,910sqft | Price Range AED 16.9M - AED 16.9M | Avg PSF 1,037 | Sales 4 | Trend — |
Grouped into 9 asset classes covering 145 units