Royal Regency Suites

Off-Plan

DeveloperALSEEB REAL ESTATE DEVELOPMENT L.L.C

CommunityBusiness Bay

AreaBusiness Bay

Started

2 years 3 months ago01-10-2023

Handover

25 days ago31-12-2025

Status

33% BuiltIn Progress

Project Description

Residential Building 2B+G+19+R with retail units in ground floor 2 - and first floor 1- and residential units at typical floors 235.The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Developer Sales: Last 90Dvs Last 12M Baseline

Falling

-3%

Decline

Current:AED 1,992/sqft

Last 12M:AED 2,060/sqft

Momentum: Last 12Mvs Prior Year

Rising

+21%

Growth

Last 12M:AED 2,060/sqft

Prior Year:AED 1,708/sqft

Community Compare: Last 90DBusiness Bay

Discount

-25%

Below Avg

Project:AED 1,992/sqft

Community:AED 2,648/sqft

Layouts & Units (238)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class Studio FlatFloors 2-19	Inventory 36units 2 layouts · Typically 1 parking ~6 sqm balcony	Size Range 553-553sqft	Price Range AED 1.2M - AED 1.3M	Avg PSF 2,356	Sales 5	Trend —

Asset Class 1 Bed FlatFloors 2-19	Inventory 162units 15 layouts · Typically 1 parking 6-48 sqm balcony	Size Range 658-1,394sqft	Price Range AED 1.1M - AED 2.1M	Avg PSF 2,015	Sales 74	Trend —

Asset Class 2 Bed FlatFloors 2-19	Inventory 18units 2 layouts · Typically 1 parking 27-36 sqm balcony	Size Range 1,558-1,659sqft	Price Range AED 2.5M - AED 3.0M	Avg PSF 1,691	Sales 10	Trend —

Asset Class 3 Bed FlatFloors 1-19	Inventory 19units 4 layouts · Typically 1 parking 67-85 sqm balcony	Size Range 2,716-2,915sqft	Price Range AED 4.0M - AED 4.8M	Avg PSF 1,634	Sales 6	Trend —

Asset Class Land	Inventory 0units	Size Range 69,023-69,023sqft	Price Range —	Avg PSF 695	Sales 0	Trend —

Asset Class ShopPodium + Floor 1	Inventory 3units 3 layouts · Typically 1 parking	Size Range 1,063-3,877sqft	Price Range —	Avg PSF —	Sales 0	Trend —

Grouped into 6 asset classes covering 238 units