FAIR VIEW RESIDENCY

Resale
CommunityBusiness Bay
Started
17 years 6 months ago01-07-2008
Handover
11 years 10 months ago26-02-2014
Status
CompleteFinished
Project Description

Freehold residential building located in Business Bay, designed to have B+G+3P+18 floors. The building is being constructed as a concrete structure with its internal and external finishes..

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Rising
+8%
Growth
Current:AED 1,436/sqft
Last 12M:AED 1,324/sqft
Momentum: Last 12Mvs Prior Year
Falling
-3%
Decline
Last 12M:AED 1,324/sqft
Prior Year:AED 1,367/sqft
Community Compare: Last 90DBusiness Bay
Discount
-46%
Below Avg
Project:AED 1,436/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Low
7%Turnover
12Sold (Last 12M)

Supply & Demand Matrix

FAIR VIEW RESIDENCY 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
Studio
1 units
100%
Velocity
1 Bedroom
160 units
7%
Velocity
2 Bedrooms
6 units
0%
Velocity
5 Bedrooms
1 units
0%
Velocity
Shop
9 units
0%
Velocity

Layouts & Units (177)

Asset Class
Studio FlatFloor 18
Inventory
1units
Typically 1 parking
~20 sqm balcony
Size Range
704-704sqft
Price Range
AED 933K - AED 997K
Avg PSF
1,371
Sales
2
Trend
Asset Class
1 Bed FlatFloors 1-17
Inventory
160units
29 layouts · Typically 1 parking
6-73 sqm balcony
Size Range
159-1,583sqft
Price Range
AED 132K - AED 1.7M
Avg PSF
1,334
Sales
213
Trend
Asset Class
2 Bed FlatFloors 17-18
Inventory
6units
6 layouts · Typically 2 parking
13-20 sqm balcony
Size Range
1,277-1,384sqft
Price Range
AED 1.2M - AED 2.0M
Avg PSF
1,305
Sales
5
Trend
Asset Class
5 Bed FlatFloor 18
Inventory
1units
Typically 7 parking
~72 sqm balcony
Size Range
4,873-4,873sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
Land
Inventory
0units
Size Range
1,302-33,235sqft
Price Range
AED 45.0M - AED 45.0M
Avg PSF
5,106
Sales
1
Trend
Asset Class
ShopPodium
Inventory
9units
8 layouts · Typically 4.6 parking
Size Range
236-1,567sqft
Price Range
AED 427K - AED 630K
Avg PSF
2,078
Sales
2
Trend

Grouped into 6 asset classes covering 177 units