HAMILTON RESIDENCY

Mature
CommunityBusiness Bay
Started
18 years 1 month ago04-12-2007
Handover
15 years 8 months ago20-05-2010
Status
CompleteFinished
Project Description

Freehold residential tower development located in Business Bay, designed to have B+G+3P+16 floors. The building is being constructed as a concrete structure with its internal and external finishes.

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline
Rising
+8%
Growth
Current:AED 1,597/sqft
Last 12M:AED 1,479/sqft
Momentum: Last 12Mvs Prior Year
Rising
+17%
Growth
Last 12M:AED 1,479/sqft
Prior Year:AED 1,265/sqft
Community Compare: Last 90DBusiness Bay
Discount
-40%
Below Avg
Project:AED 1,597/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate
13%Turnover
24Sold (Last 12M)

Supply & Demand Matrix

HAMILTON RESIDENCY averaged 13% 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
174 units
14%
Velocity
3 Bedrooms
4 units
0%
Velocity
Shop
5 units
0%
Velocity

Layouts & Units (183)

Asset Class
1 Bed FlatFloors 1-15
Inventory
174units
7 layouts · Typically 1 parking
5-97 sqm balcony
Size Range
254-1,859sqft
Price Range
AED 430K - AED 1.6M
Avg PSF
1,212
Sales
231
Trend
Asset Class
3 Bed FlatFloor 16
Inventory
4units
Typically 2.8 parking
~15 sqm balcony
Size Range
2,370-2,370sqft
Price Range
AED 1.8M - AED 4.0M
Avg PSF
1,210
Sales
10
Trend
Asset Class
Land
Inventory
0units
Size Range
869-34,235sqft
Price Range
AED 38.5M - AED 38.5M
Avg PSF
11,635
Sales
1
Trend
Asset Class
ShopPodium
Inventory
5units
5 layouts · Typically 1 parking
Size Range
448-1,915sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 4 asset classes covering 183 units