Regalia

Handover
CommunityBusiness Bay
Started
4 years 5 months ago01-08-2021
Handover
1 year ago31-12-2024
Status
85% BuiltIn Progress
Project Description

Tower : 1B + G + 1M+ 5P +67F +2MECH+R+1UR.The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Rising
+3%
Growth
Current:AED 1,859/sqft
Last 12M:AED 1,812/sqft
Momentum: Last 12Mvs Prior Year
Rising
+5%
Growth
Last 12M:AED 1,812/sqft
Prior Year:AED 1,723/sqft
Community Compare: Last 90DBusiness Bay
Discount
-30%
Below Avg
Project:AED 1,859/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Low
9%Turnover
80Sold (Last 12M)

Supply & Demand Matrix

Regalia averaged 9% liquidity over the last 12 months, which is considered low. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.

Type
Absorption (L12M)
Velocity
Studio
172 units
8%
Velocity
1 Bedroom
572 units
10%
Velocity
2 Bedrooms
124 units
5%
Velocity
3 Bedrooms
41 units
7%
Velocity
4 Bedrooms
2 units
0%
Velocity
Shop
2 units
0%
Velocity

Layouts & Units (913)

Asset Class
Studio FlatFloors 2-46
Inventory
172units
10 layouts · Typically 1 parking
~6 sqm balcony
Size Range
434-450sqft
Price Range
AED 600K - AED 1.0M
Avg PSF
1,634
Sales
252
Trend
Asset Class
1 Bed FlatFloors 2-68
Inventory
572units
31 layouts · Typically 1 parking
7-21 sqm balcony
Size Range
362-873sqft
Price Range
AED 445K - AED 1.7M
Avg PSF
1,474
Sales
841
Trend
Asset Class
2 Bed FlatFloors 25-69
Inventory
124units
19 layouts · Typically 1 parking
12-89 sqm balcony
Size Range
590-2,183sqft
Price Range
AED 1.6M - AED 3.3M
Avg PSF
1,465
Sales
161
Trend
Asset Class
3 Bed FlatFloors 55-68
Inventory
41units
5 layouts · Typically 1 parking
19-25 sqm balcony
Size Range
1,662-1,838sqft
Price Range
AED 2.0M - AED 3.0M
Avg PSF
1,387
Sales
50
Trend
Asset Class
4 Bed FlatFloor 69
Inventory
2units
2 layouts · Typically 1 parking
~59 sqm balcony
Size Range
4,356-4,426sqft
Price Range
AED 10.0M - AED 11.6M
Avg PSF
2,402
Sales
3
Trend
Asset Class
Land
Inventory
0units
Size Range
55,823-55,823sqft
Price Range
AED 224.6M - AED 224.6M
Avg PSF
4,024
Sales
1
Trend
Asset Class
ShopPodium
Inventory
2units
2 layouts · Typically 1 parking
Size Range
1,667-1,829sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 7 asset classes covering 913 units

Regalia in Business Bay - Prices and Units | Property Index