Luxury Family Residence II
ResaleDeveloperKAPPA ACCA REAL ESTATE DEVELOPMENT
CommunityBusiness Bay
AreaBusiness Bay
Started
6 years 10 months ago16-03-2019
Handover
2 years ago30-12-2023
Status
CompleteFinished
Project Description
Hotel and Residential Apartment and Retail (3B+G+2P+23F+1MECH+R+1UR),The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+16%
GrowthCurrent:AED 3,240/sqft
Last 12M:AED 2,794/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DBusiness Bay
Discount-11%
Below AvgProject:AED 2,361/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Low3%Turnover
7Sold (Last 12M)
Supply & Demand Matrix
Luxury Family Residence II 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
Studio
87 units
3 sold84 left
3%
Velocity
1 Bedroom
88 units
4 sold84 left
5%
Velocity
2 Bedrooms
28 units
0 sold28 left
0%
Velocity
4 Bedrooms
1 units
0 sold1 left
0%
Velocity
Layouts & Units (205)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 15-25 | Inventory 87units 10 layouts · Typically 1 parking | Size Range 402-473sqft | Price Range AED 950K - AED 1.3M | Avg PSF 2,573 | Sales 3 | Trend — | |
Asset Class 1 Bed FlatFloors 15-25 | Inventory 88units 4 layouts · Typically 1 parking | Size Range 213-627sqft | Price Range AED 1.4M - AED 2.0M | Avg PSF 2,447 | Sales 4 | Trend — | |
Asset Class 2 Bed FlatFloors 15-25 | Inventory 28units 3 layouts · Typically 1 parking | Size Range 802-869sqft | Price Range — | Avg PSF 2,854 | Sales 0 | Trend — | |
Asset Class 4 Bed FlatFloor 14 | Inventory 1units Typically 1 parking ~419 sqm balcony | Size Range 10,531-10,937sqft | Price Range — | Avg PSF 2,469 | Sales 0 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 55,633-55,681sqft | Price Range AED 49.0M - AED 49.0M | Avg PSF 2,704 | Sales 1 | Trend — | |
Asset Class HotelPodium | Inventory 1units Typically 67 parking | Size Range 259,714-269,254sqft | Price Range — | Avg PSF 521 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 869-869sqft | Price Range — | Avg PSF 16,730 | Sales 0 | Trend — |
Grouped into 7 asset classes covering 205 units