REGAL TOWER
ResaleDeveloperTAMEER HOLDING INVESTMENT (LLC)
CommunityBusiness Bay
AreaBusiness Bay
Started
18 years 9 months ago02-04-2007
Handover
13 years 3 months ago23-10-2012
Status
CompleteFinished
Project Description
Freehold commercial tower development in Business Bay. The building is designed to be constructed as a 3B+G+4P+HC+27+2R formed in a concrete structure with a combination of glass and hard surfaces exterior. It will consist of 267 units/offices The office units will be handed over as ?shell and core? to be individually fitted by their respective owners.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+13%
GrowthCurrent:AED 1,873/sqft
Last 12M:AED 1,661/sqft
Momentum: Last 12Mvs Prior Year
Rising+20%
GrowthLast 12M:AED 1,661/sqft
Prior Year:AED 1,384/sqft
Community Compare: Last 90DBusiness Bay
Discount-29%
Below AvgProject:AED 1,873/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate18%Turnover
48Sold (Last 12M)
Supply & Demand Matrix
REGAL TOWER averaged 18% 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
1 Bedroom
1 units
0 sold1 left
0%
Velocity
Shop
7 units
0 sold7 left
0%
Velocity
Office
259 units
48 sold211 left
19%
Velocity
Layouts & Units (267)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class GymnasiumFloor 5 | Inventory 1units Typically 35 parking | Size Range 2,937-2,937sqft | Price Range — | Avg PSF 1,210 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,394-65,787sqft | Price Range AED 88.8M - AED 88.8M | Avg PSF 6,222 | Sales 1 | Trend — | |
Asset Class OfficeFloors 5-32 | Inventory 259units 156 layouts · Typically 2.9 parking 11-38 sqm balcony | Size Range 151-1,996sqft | Price Range AED 77K - AED 3.9M | Avg PSF 1,292 | Sales 499 | Trend — | |
Asset Class ShopPodium | Inventory 7units 7 layouts · Typically 1.7 parking | Size Range 425-6,011sqft | Price Range AED 723K - AED 8.2M | Avg PSF 1,724 | Sales 9 | Trend — |
Grouped into 4 asset classes covering 267 units