MAYFAIR RESIDENCY

Mature
CommunityBusiness Bay
Started
18 years 2 months ago18-11-2007
Handover
15 years ago12-01-2011
Status
CompleteFinished
Project Description

Freehold residential building located in Business Bay, designed to have 2B+G+3P+18 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
Falling
-18%
Decline
Current:AED 1,218/sqft
Last 12M:AED 1,486/sqft
Momentum: Last 12Mvs Prior Year
Rising
+7%
Growth
Last 12M:AED 1,486/sqft
Prior Year:AED 1,387/sqft
Community Compare: Last 90DBusiness Bay
Discount
-54%
Below Avg
Project:AED 1,218/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Low
9%Turnover
20Sold (Last 12M)

Supply & Demand Matrix

MAYFAIR RESIDENCY averaged 9% 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
198 units
9%
Velocity
3 Bedrooms
15 units
13%
Velocity
Shop
4 units
0%
Velocity

Layouts & Units (217)

Asset Class
1 Bed FlatFloors 1-15
Inventory
198units
26 layouts · Typically 1.1 parking
8-51 sqm balcony
Size Range
298-1,287sqft
Price Range
AED 400K - AED 1.3M
Avg PSF
1,220
Sales
321
Trend
Asset Class
3 Bed FlatFloors 16-18
Inventory
15units
4 layouts · Typically 1.1 parking
16-18 sqm balcony
Size Range
688-1,480sqft
Price Range
AED 413K - AED 2.1M
Avg PSF
1,167
Sales
29
Trend
Asset Class
Land
Inventory
0units
Size Range
1,249-34,152sqft
Price Range
AED 42.7M - AED 42.7M
Avg PSF
2,729
Sales
1
Trend
Asset Class
ShopPodium
Inventory
4units
4 layouts · Typically 1 parking
Size Range
1,125-1,249sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 4 asset classes covering 217 units

MAYFAIR RESIDENCY in Business Bay - Prices and Units | Property Index