CRYSTAL TOWER
MatureCommunityBusiness Bay
AreaBusiness Bay
Started
18 years 9 months ago20-04-2007
Handover
15 years 11 months ago26-01-2010
Status
CompleteFinished
Performance Alpha
Sales Performance
Market Sales: Last 90Dvs Last 12M Baseline
Falling-13%Decline
Current:AED 1,314/sqft
Last 12M:AED 1,513/sqft
Momentum: Last 12Mvs Prior Year
Rising+33%Growth
Last 12M:AED 1,513/sqft
Prior Year:AED 1,141/sqft
Community Compare: Last 90DBusiness Bay
Discount-50%Below Avg
Project:AED 1,314/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Low3%Turnover
12Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,453/sqft
Range:AED 41 – AED 6K
Avg Unit:AED 58K/yr
Leasing Volume: L12MContracts Signed
Very Active222Total
New:98
Renew:124
Tenant RetentionRenewal Rate
Good56%renewals
44% new tenants56% renewals
Gross YieldAnnual Return
High Yield110.6%Yield
Rent:AED 1,453/sqft
Price:AED 1,314/sqft
Supply & Demand Matrix
CRYSTAL TOWER averaged 3% 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
1 Bedroom
242 units
0 sold242 left
0%
Velocity
2 Bedrooms
17 units
0 sold17 left
0%
Velocity
3 Bedrooms
66 units
0 sold66 left
0%
Velocity
Shop
33 units
0 sold33 left
0%
Velocity
Office
82 units
12 sold70 left
15%
Velocity
Layouts & Units (441)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 12-26 | Inventory 242units 8 layouts | Size Range 413-1,287sqft | Price Range — | Avg PSF 3,232 | Sales 0 | Trend — | |
Asset Class 2 Bed FlatPodium | Inventory 17units 16 layouts | Size Range 247-8,490sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class 3 Bed FlatFloors 1-11 | Inventory 66units 5 layouts | Size Range 969-3,242sqft | Price Range — | Avg PSF 1,199 | Sales 0 | Trend — | |
Asset Class 68 Bed Hotel | Inventory 1units Typically 1 parking | Size Range 412,161-412,161sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Hotel | Inventory 0units | Size Range 412,161-412,161sqft | Price Range AED 185.0M - AED 185.0M | Avg PSF 492 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 300-54,668sqft | Price Range AED 82.0M - AED 82.0M | Avg PSF 6,174 | Sales 1 | Trend — | |
Asset Class OfficePodium + Floors 1-11 | Inventory 82units 28 layouts · Typically 2.2 parking | Size Range 58-2,627sqft | Price Range AED 401K - AED 5.3M | Avg PSF 1,121 | Sales 110 | Trend — | |
Asset Class ShopPodium + Floor 3 | Inventory 33units 27 layouts · Typically 1.8 parking ~380 sqm balcony | Size Range 47-8,490sqft | Price Range AED 150K - AED 22.0M | Avg PSF 1,063 | Sales 37 | Trend — |
Grouped into 8 asset classes covering 441 units