NOBLES
ResaleDeveloperTIGER PROPERTIES
CommunityBusiness Bay
AreaBusiness Bay
Started
5 years 11 months ago25-02-2020
Handover
1 year 4 months ago31-08-2024
Status
CompleteFinished
Project Description
3B+G+5P+44F+1MECH+R+1UR, Residential Tower + Retail. The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-4%
DeclineCurrent:AED 1,713/sqft
Last 12M:AED 1,788/sqft
Momentum: Last 12Mvs Prior Year
Rising+7%
GrowthLast 12M:AED 1,788/sqft
Prior Year:AED 1,678/sqft
Community Compare: Last 90DBusiness Bay
Discount-33%
Below AvgProject:AED 1,777/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Low5%Turnover
29Sold (Last 12M)
Supply & Demand Matrix
NOBLES averaged 5% 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
278 units
20 sold258 left
7%
Velocity
2 Bedrooms
239 units
8 sold231 left
3%
Velocity
3 Bedrooms
40 units
1 sold39 left
3%
Velocity
Shop
5 units
0 sold5 left
0%
Velocity
Layouts & Units (562)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-41 | Inventory 278units 12 layouts · Typically 1 parking 7-35 sqm balcony | Size Range 601-1,153sqft | Price Range AED 1.2M - AED 1.8M | Avg PSF 1,550 | Sales 21 | Trend — | |
Asset Class 2 Bed FlatFloors 1-41 | Inventory 239units 11 layouts · Typically 1 parking 9-82 sqm balcony | Size Range 437-1,992sqft | Price Range AED 1.9M - AED 2.5M | Avg PSF 1,622 | Sales 10 | Trend — | |
Asset Class 3 Bed FlatFloors 42-46 | Inventory 40units 13 layouts · Typically 1 parking 9-19 sqm balcony | Size Range 1,539-1,948sqft | Price Range AED 3.4M - AED 3.4M | Avg PSF 1,645 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 948-1,372sqft | Price Range — | Avg PSF 102,107 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 5units 5 layouts · Typically 1.2 parking | Size Range 176-2,118sqft | Price Range — | Avg PSF 2,265 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 562 units