Jumeirah Living Business Bay
HandoverDeveloperSELECT GLOBAL DEVELOPMENT L.L.C
CommunityBusiness Bay
AreaBusiness Bay
Started
3 years 7 months ago24-06-2022
Handover
7 months ago14-06-2025
Status
91% BuiltIn Progress
Project Description
2B+G+3P+31F+1MECH+R,RESIDENCIAL.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable-2%
DeclineCurrent:AED 4,059/sqft
Last 12M:AED 4,132/sqft
Momentum: Last 12Mvs Prior Year
Rising+4%
GrowthLast 12M:AED 4,132/sqft
Prior Year:AED 3,972/sqft
Community Compare: Last 90DBusiness Bay
Premium+53%
Above AvgProject:AED 4,059/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
9Sold (Last 12M)
Supply & Demand Matrix
Jumeirah Living Business Bay averaged 11% 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
2 Bedrooms
29 units
1 sold28 left
3%
Velocity
3 Bedrooms
33 units
4 sold29 left
12%
Velocity
4 Bedrooms
17 units
4 sold13 left
24%
Velocity
5 Bedrooms
3 units
0 sold3 left
0%
Velocity
Layouts & Units (82)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 2 Bed FlatFloors 6-30 | Inventory 29units 5 layouts · Typically 2 parking 25-38 sqm balcony | Size Range 2,007-2,113sqft | Price Range AED 7.4M - AED 9.0M | Avg PSF 4,093 | Sales 31 | Trend — | |
Asset Class 3 Bed FlatFloors 6-30 | Inventory 33units 4 layouts · Typically 3 parking 25-69 sqm balcony | Size Range 2,991-3,372sqft | Price Range AED 9.0M - AED 14.3M | Avg PSF 3,779 | Sales 38 | Trend — | |
Asset Class 4 Bed FlatFloors 18-34 | Inventory 17units 3 layouts · Typically 3.1 parking 57-69 sqm balcony | Size Range 4,280-5,242sqft | Price Range AED 15.3M - AED 21.6M | Avg PSF 4,058 | Sales 15 | Trend — | |
Asset Class 5 Bed FlatFloors 31-35 | Inventory 3units 2 layouts · Typically 4 parking 110-166 sqm balcony | Size Range 6,047-9,818sqft | Price Range AED 26.1M - AED 47.3M | Avg PSF 4,569 | Sales 3 | Trend — |
Grouped into 4 asset classes covering 82 units