SCALA TOWER
MatureDeveloperAL MADAR INVESTMENT (L.L.C)
CommunityBusiness Bay
AreaBusiness Bay
Started
18 years 4 months ago18-09-2007
Handover
15 years 4 months ago07-09-2010
Status
CompleteFinished
Project Description
Freehold residential building located in Dubai Business Bay . The building is designed and constructed as a 2B+G+3P+18+HC, formed in a concrete structure with external and internal finishes.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Rising+15%
GrowthCurrent:AED 1,477/sqft
Last 12M:AED 1,281/sqft
Momentum: Last 12Mvs Prior Year
Rising+6%
GrowthLast 12M:AED 1,281/sqft
Prior Year:AED 1,209/sqft
Community Compare: Last 90DBusiness Bay
Discount-44%
Below AvgProject:AED 1,477/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
High23%Turnover
44Sold (Last 12M)
Supply & Demand Matrix
SCALA TOWER averaged 23% liquidity over the last 12 months, which is considered high. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
20 units
5 sold15 left
25%
Velocity
1 Bedroom
126 units
33 sold93 left
26%
Velocity
2 Bedrooms
36 units
6 sold30 left
17%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Layouts & Units (188)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 4-8 | Inventory 20units 7 layouts · Typically 1.1 parking 5-56 sqm balcony | Size Range 398-999sqft | Price Range AED 350K - AED 760K | Avg PSF 1,235 | Sales 35 | Trend — | |
Asset Class 1 Bed FlatFloors 4-21 | Inventory 126units 34 layouts · Typically 1.2 parking 6-111 sqm balcony | Size Range 377-1,814sqft | Price Range AED 403K - AED 1.8M | Avg PSF 1,090 | Sales 252 | Trend — | |
Asset Class 2 Bed FlatFloors 4-21 | Inventory 36units 11 layouts · Typically 1.4 parking 8-94 sqm balcony | Size Range 1,254-2,194sqft | Price Range AED 600K - AED 2.2M | Avg PSF 1,154 | Sales 61 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 34,288-34,288sqft | Price Range AED 42.9M - AED 42.9M | Avg PSF 1,797 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 6units 6 layouts · Typically 5.2 parking | Size Range 889-1,798sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 188 units