ONE BUSINESS BAY
ResaleCommunityBusiness Bay
AreaBusiness Bay
Started
19 years 1 month ago01-12-2006
Handover
15 years 3 months ago05-10-2010
Status
CompleteFinished
Project Description
Freehold commercial tower development in Dubai Business Bay. The building is designed and constructed as 2B+G+4P+PR+29. The tower is being constructed out of concrete structure and block with internal and external finishes. The office units will be handed over as ?core and shell? to be individually fitted by their respective owners.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+17%
GrowthCurrent:AED 3,295/sqft
Last 12M:AED 2,827/sqft
Momentum: Last 12Mvs Prior Year
Rising+23%
GrowthLast 12M:AED 2,827/sqft
Prior Year:AED 2,307/sqft
Community Compare: Last 90DBusiness Bay
Premium+24%
Above AvgProject:AED 3,295/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
8Sold (Last 12M)
Supply & Demand Matrix
ONE BUSINESS BAY 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
Shop
12 units
3 sold9 left
25%
Velocity
Office
109 units
5 sold104 left
5%
Velocity
Layouts & Units (121)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Land | Inventory 0units | Size Range 65,787-65,787sqft | Price Range AED 78.9M - AED 78.9M | Avg PSF 1,200 | Sales 1 | Trend — | |
Asset Class OfficePodium + Floors 2-30 | Inventory 109units 106 layouts · Typically 1.3 parking ~175 sqm balcony | Size Range 521-9,924sqft | Price Range AED 600K - AED 12.1M | Avg PSF 1,321 | Sales 164 | Trend — | |
Asset Class ShopPodium + Floor 1 | Inventory 12units 12 layouts · Typically 1.3 parking 318-816 sqm balcony | Size Range 417-15,730sqft | Price Range AED 805K - AED 14.2M | Avg PSF 1,969 | Sales 25 | Trend — |
Grouped into 3 asset classes covering 121 units