OBEROI CENTRE
MatureCommunityBusiness Bay
AreaBusiness Bay
Started
18 years 8 months ago01-05-2007
Handover
15 years 2 months ago01-11-2010
Status
CompleteFinished
Project Description
4 basement and 35 upper storeys commercial tower with office, retail and hotel accommodation in Business Bay. The commercial Oberoi Centre has a GFA of 350,019 sqft (32,529 sqm) The office tower has a link at the podium level to the hotel, providing easy access to the shared facilities. The hotel tower with 28 upper floors and providing a GFA of 337,602 sqft (31,367 sq.m) will be run as the Oberoi Hotel with circa 250 rooms and 40 suites.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Rising+17%
GrowthCurrent:AED 3,798/sqft
Last 12M:AED 3,257/sqft
Momentum: Last 12Mvs Prior Year
Rising+12%
GrowthLast 12M:AED 3,257/sqft
Prior Year:AED 2,904/sqft
Community Compare: Last 90DBusiness Bay
Premium+43%
Above AvgProject:AED 3,798/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
16Sold (Last 12M)
Supply & Demand Matrix
OBEROI CENTRE averaged 12% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Shop
16 units
0 sold16 left
0%
Velocity
Office
120 units
16 sold104 left
13%
Velocity
Layouts & Units (137)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Land | Inventory 0units | Size Range 1,879-114,690sqft | Price Range AED 146.2M - AED 146.2M | Avg PSF 5,658 | Sales 1 | Trend — | |
Asset Class OfficeFloors 3-33 | Inventory 120units 17 layouts · Typically 3.3 parking ~103 sqm balcony | Size Range 564-4,424sqft | Price Range AED 1.5M - AED 13.1M | Avg PSF 1,726 | Sales 200 | Trend — | |
Asset Class ShopPodium + Floors 1-2 | Inventory 16units 15 layouts · Typically 1.6 parking | Size Range 579-4,908sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Sized PartitionFloor 30 | Inventory 1units Typically 1 parking | Size Range 798,384-798,384sqft | Price Range — | Avg PSF 277 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 137 units