CHURCHILL TOWER
MatureCommunityBusiness Bay
AreaBusiness Bay
Started
18 years 11 months ago28-01-2007
Handover
16 years 11 months ago14-02-2009
Status
CompleteFinished
Performance Alpha
Sales Performance
Market Sales: Last 90Dvs Last 12M Baseline
Rising+5%Growth
Current:AED 1,689/sqft
Last 12M:AED 1,613/sqft
Momentum: Last 12Mvs Prior Year
Rising+15%Growth
Last 12M:AED 1,613/sqft
Prior Year:AED 1,406/sqft
Community Compare: Last 90DBusiness Bay
Discount-36%Below Avg
Project:AED 1,695/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
136Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,302/sqft
Range:AED 13 – AED 3K
Avg Unit:AED 101K/yr
Leasing Volume: L12MContracts Signed
Very Active847Total
New:491
Renew:356
Tenant RetentionRenewal Rate
Good42%renewals
58% new tenants42% renewals
Gross YieldAnnual Return
High Yield77.1%Yield
Rent:AED 1,302/sqft
Price:AED 1,689/sqft
Supply & Demand Matrix
CHURCHILL 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
1 Bedroom
250 units
32 sold218 left
13%
Velocity
2 Bedrooms
208 units
20 sold188 left
10%
Velocity
3 Bedrooms
14 units
2 sold12 left
14%
Velocity
Shop
17 units
0 sold17 left
0%
Velocity
Office
679 units
82 sold597 left
12%
Velocity
Layouts & Units (1,168)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 2-26 | Inventory 250units 3 layouts · Typically 1 parking 6-13 sqm balcony | Size Range 391-1,014sqft | Price Range AED 467K - AED 1.7M | Avg PSF 1,136 | Sales 332 | Trend — | |
Asset Class 2 Bed FlatFloors 27-52 | Inventory 208units 2 layouts · Typically 1 parking ~9 sqm balcony | Size Range 169-1,472sqft | Price Range AED 169K - AED 2.6M | Avg PSF 1,118 | Sales 291 | Trend — | |
Asset Class 3 Bed FlatFloors 53-56 | Inventory 14units 3 layouts · Typically 2 parking 18-41 sqm balcony | Size Range 2,658-5,322sqft | Price Range AED 2.1M - AED 5.9M | Avg PSF 988 | Sales 24 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 861-934sqft | Price Range — | Avg PSF 20,759 | Sales 0 | Trend — | |
Asset Class OfficePodium + Floors 1-42 | Inventory 679units 10 layouts · Typically 1.8 parking 9-36 sqm balcony | Size Range 121-4,111sqft | Price Range AED 5K - AED 2.2M | Avg PSF 1,150 | Sales 748 | Trend — | |
Asset Class ShopPodium | Inventory 17units 9 layouts · Typically 1.1 parking | Size Range 1,023-4,500sqft | Price Range AED 2.7M - AED 6.4M | Avg PSF 2,397 | Sales 4 | Trend — |
Grouped into 6 asset classes covering 1,168 units