SILVER TOWER

Resale

DeveloperTAMEER HOLDING INVESTMENT (LLC)

CommunityBusiness Bay

AreaBusiness Bay

Started

18 years 1 month ago03-12-2007

Handover

14 years 5 months ago01-08-2011

Status

CompleteFinished

Project Description

Freehold commercial tower development located in Business Bay. The building is designed and constructed as a 31 storey high tower with 2 basements formed in a concrete structure with gray glass and silver aluminum exterior. It will consist of 266 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

Falling

-6%

Decline

Current:AED 1,275/sqft

Last 12M:AED 1,354/sqft

Momentum: Last 12Mvs Prior Year

Rising

+21%

Growth

Last 12M:AED 1,354/sqft

Prior Year:AED 1,117/sqft

Community Compare: Last 90DBusiness Bay

Discount

-52%

Below Avg

Project:AED 1,275/sqft

Community:AED 2,648/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

24Sold (Last 12M)

Supply & Demand Matrix

SILVER TOWER averaged 9% 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

5 units

1 sold4 left

20%

Velocity

Office

260 units

23 sold237 left

Velocity

Layouts & Units (265)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class Land	Inventory 0units	Size Range 758-56,960sqft	Price Range AED 76.9M - AED 76.9M	Avg PSF 10,889	Sales 1	Trend —

Asset Class OfficeFloors 5-31	Inventory 260units 131 layouts · Typically 1.3 parking	Size Range 116-1,165sqft	Price Range AED 1 - AED 3.3M	Avg PSF 1,229	Sales 469	Trend —

Asset Class ShopPodium + Floor 5	Inventory 5units 5 layouts · Typically 1 parking	Size Range 1,537-3,748sqft	Price Range AED 1.1M - AED 5.8M	Avg PSF 1,415	Sales 8	Trend —

Grouped into 3 asset classes covering 265 units