THE COSMOPOLITAN
ResaleDeveloperDAMAC STAR PROPERTIES (L L C)
CommunityBusiness Bay
AreaBusiness Bay
Started
15 years 9 months ago01-04-2010
Handover
11 years 10 months ago13-03-2014
Status
CompleteFinished
Project Description
The Cosmopolitan is a freehold residential & commercial development located in Business Bay area. The building consists of 3 Basement floors + Ground + Health Club + 18 Typical Floors.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-6%
DeclineCurrent:AED 1,615/sqft
Last 12M:AED 1,712/sqft
Momentum: Last 12Mvs Prior Year
Rising+14%
GrowthLast 12M:AED 1,712/sqft
Prior Year:AED 1,497/sqft
Community Compare: Last 90DBusiness Bay
Discount-39%
Below AvgProject:AED 1,615/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
38Sold (Last 12M)
Supply & Demand Matrix
THE COSMOPOLITAN averaged 10% 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
Studio
203 units
24 sold179 left
12%
Velocity
1 Bedroom
92 units
6 sold86 left
7%
Velocity
2 Bedrooms
33 units
5 sold28 left
15%
Velocity
3 Bedrooms
27 units
1 sold26 left
4%
Velocity
Shop
11 units
2 sold9 left
18%
Velocity
Office
2 units
0 sold2 left
0%
Velocity
Layouts & Units (368)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-19 | Inventory 203units 45 layouts · Typically 1 parking 4-31 sqm balcony | Size Range 175-2,241sqft | Price Range AED 242K - AED 1.7M | Avg PSF 1,833 | Sales 339 | Trend — | |
Asset Class 1 Bed FlatFloors 1-19 | Inventory 92units 23 layouts · Typically 1 parking 8-33 sqm balcony | Size Range 157-1,999sqft | Price Range AED 418K - AED 2.8M | Avg PSF 1,625 | Sales 131 | Trend — | |
Asset Class 2 Bed FlatFloors 1-14 | Inventory 33units 9 layouts · Typically 1 parking 5-27 sqm balcony | Size Range 645-1,963sqft | Price Range AED 848K - AED 4.0M | Avg PSF 1,655 | Sales 42 | Trend — | |
Asset Class 3 Bed FlatFloors 1-19 | Inventory 27units 13 layouts · Typically 1 parking 8-160 sqm balcony | Size Range 808-3,545sqft | Price Range AED 1.2M - AED 4.8M | Avg PSF 1,567 | Sales 28 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 62,873-62,873sqft | Price Range AED 78.6M - AED 78.6M | Avg PSF 1,250 | Sales 1 | Trend — | |
Asset Class Office | Inventory 2units 2 layouts · Typically 3 parking | Size Range 825-7,364sqft | Price Range — | Avg PSF 1,233 | Sales 0 | Trend — | |
Asset Class ShopPodium + Floor 1 | Inventory 11units 11 layouts · Typically 2.5 parking | Size Range 329-2,713sqft | Price Range AED 1.6M - AED 2.8M | Avg PSF 1,779 | Sales 4 | Trend — |
Grouped into 7 asset classes covering 368 units