MAYFAIR TOWER
MatureDeveloperDEYAAR DEVELOPMENT (P.J.S.C)
CommunityBusiness Bay
AreaBusiness Bay
Started
18 years 5 months ago16-08-2007
Handover
14 years 10 months ago13-03-2011
Status
CompleteFinished
Project Description
Freehold residential building located in Business Bay, designed to have 3B+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
Rising+3%
GrowthCurrent:AED 1,544/sqft
Last 12M:AED 1,501/sqft
Momentum: Last 12Mvs Prior Year
Rising+9%
GrowthLast 12M:AED 1,501/sqft
Prior Year:AED 1,379/sqft
Community Compare: Last 90DBusiness Bay
Discount-42%
Below AvgProject:AED 1,544/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
16Sold (Last 12M)
Supply & Demand Matrix
MAYFAIR TOWER 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
1 Bedroom
204 units
14 sold190 left
7%
Velocity
2 Bedrooms
14 units
2 sold12 left
14%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Layouts & Units (224)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-15 | Inventory 204units 21 layouts · Typically 1.1 parking 5-53 sqm balcony | Size Range 57-1,288sqft | Price Range AED 207K - AED 1.4M | Avg PSF 1,257 | Sales 347 | Trend — | |
Asset Class 2 Bed FlatFloors 16-17 | Inventory 14units 9 layouts · Typically 1.1 parking 11-59 sqm balcony | Size Range 1,113-1,635sqft | Price Range AED 825K - AED 2.0M | Avg PSF 1,140 | Sales 16 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 490-34,060sqft | Price Range AED 42.6M - AED 42.6M | Avg PSF 3,928 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 6units 6 layouts · Typically 1 parking | Size Range 490-1,179sqft | Price Range AED 3.6M - AED 3.6M | Avg PSF 3,734 | Sales 1 | Trend — |
Grouped into 4 asset classes covering 224 units